Fireworks, live music and a sold-out Oval crowd will herald the Hundred’s return on Tuesday, but there will be just as much interest in what is happening in the hospitality suites as on the pitch.
In the Media
It’s been roughly a decade since Manchester United FC were the kings of English football, much to the consternation of its fans and schadenfreude of rivals. Yet the lack of recent success may be of little matter to a buyer.
American investors have been “quietly snapping up” English Football League clubs to the point where “more than a quarter of clubs in the Premier League and three divisions below it have some form of US investment,” according to Martyn Ziegler of the LONDON TIMES. EFL League One club Portsmouth was bought by former Disney CEO Michael Eisner for US$6.95M in 2017 with a “commitment for some stadium improvements.”
Billion-dollar investment funds and N.F.L. ownership groups are among those angling for a foothold in the Indian Premier League. The returns, not the sport, are the draw.
Talks between the Glazers and the US firm looking to buy a slice of Manchester United are focused on how much money the family will get for their shares, with no immediate plans for fresh money to be pumped into the club.
Manchester United FC’s owners are considering opening up the iconic English football club to a new investor — with private equity firms likely to be crowding the field alongside high-net worth individuals.
Hi, it’s David Hellier in London. Today, I’m catching up with a busy dealmaker to talk about the buzz around investing in European sports teams and leagues right now — with more than just Saudi billions pouring in.
The owners of FC Porto have been considering the sale of a minority stake in the Portuguese soccer club after receiving interest from outside investors, according to people familiar with the matter.
As many as 100 of Europe’s pandemic-hit soccer clubs are seeking to access a new multibillion-euro loan fund being set up by UEFA, according to people familiar with the matter.
Private equity has been playing in the world of sports for several years now, but the fiasco that was the European Super League has turned the spotlight on how teams and competitions are financed more than ever before.