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Search resuls for: "English Premier League's"


6 mentions found


☆ Private equity investment in NFL teams is coming, Washington Commanders owner Josh Harris says
  + stars: | 2024-06-05 | by ( Ian Thomas | ) www.cnbc.com   time to read: +6 min
"I think it may be leading to some rethink into the consideration of letting private equity, as an example, or institutional investors into the NFL." While U.S. pro sports leagues had prohibited private equity investors previously, they've largely softened their stances in recent years, aside from letting any firm be a controlling owner of a team. "We've got a lot of interest in the private equity space," NFL Commissioner Roger Goodell said at the league's spring meeting in May. "We are making real progress on potential private equity. Ross Sorkin asked Harris if allowing private equity investors into sports would have any negative impacts on the teams or the league's overarching strategy as those investors look toward an exit.
Persons: Harris, Andrew Ross Sorkin, Magic Johnson, Eric Schmidt, David Blitzer, Jeff Bezos, Dan Snyder, Apollo Global Management —, Josh Harris, David Tepper, Rob Walton, Mat Ishbia, Joe Tsai, Steve Cohen, We've, Roger Goodell, Goodell, Ross Sorkin, Stanley Kroenke, I've, Kroenke Organizations: NFL, CNBC, Summit, Washington , D.C, Blackstone Group, 76ers, Devils, Amazon, NBA's Philadelphia 76ers, New Jersey Devils, Premier, Apollo Global Management, Washington Commanders, Carolina Panthers, Walmart, Denver Broncos, United Wholesale Mortgage, Phoenix Suns, Brooklyn Nets, New York Mets, MLB, Guggenheim Baseball Management, Los Angeles Dodgers, U.S, PE, NBA, Los Angeles Rams Locations: Washington ,
☆ For U.S. investors seeking an edge in European soccer, the cheaper the better
  + stars: | 2023-10-08 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +3 min
This comes as deep-pocketed investors — from top U.S. private equity and venture capital firms to global rivals like sovereign wealth funds — have intensified competition. Meanwhile, more than one-third of the clubs in the so-called "Big Five" leagues in Europe are backed by U.S. investors, including private equity and venture capital firms. "These recent transactions have set a precedent in terms of club valuation but also prompted many owners to consider selling to [private equity]," according to an analyst report from PitchBook. Some firms, like Sixth Street Partners, have found different outlets into taking a stake in European soccer, particularly in Spain's LaLiga. The shift is happening as soccer clubs have been looking for fresh capital following the distress stemming from the earlier days of the Covid pandemic.
Persons: Liverpool's Curtis Jones, Charles Baker, PitchBook, Todd Boehly, English Premier League's, Elliott Management's, Lionel Messi Organizations: Premier League, King Power, U.S, Manchester United, Chelsea FC, Newcastle, Clearlake Capital, English Premier, English Premier League's Chelsea, Redbird Capital Partners, Italy's AC Milan, Sixth Street Partners, FC Barcelona, Fenway Sports Group, Liverpool FC, Dynasty Equity, English Premier League, Sheffield United Locations: Leicester, European, U.S, Europe, PitchBook, LaLiga, Spanish, Real Madrid's
☆ An elite soccer player criticized Elon Musk as 'some crazy dude' after Twitter took away his blue checkmark
  + stars: | 2023-04-21 | by ( Pete Syme | ) www.businessinsider.com   time to read: +3 min
Twitter removed the blue checkmarks on Thursday for all users who didn't subscribe to Twitter Blue. That included several of the English Premier League's elite soccer players, who hit back at Elon Musk. Elite soccer players from England's Premier League took aim at Elon Musk after their blue checkmarks were taken away on Thursday. Twitter Blue led to several trolls impersonating high-profile accounts, while those who've paid for the blue checkmark have been mocked. Meanwhile, Gary Lineker — a former England soccer player who now hosts the BBC's "Match of the Day" — said he had subscribed to Twitter Blue.
☆ The 'Chosen One' fulfils destiny as James claims scoring record
  + stars: | 2023-02-08 | by ( Steve Keating | ) www.reuters.com   time to read: +6 min
[1/3] Feb 7, 2023; Los Angeles, California, USA; Los Angeles Lakers forward LeBron James (6) celebrates after breaking the all-time scoring record in the third quarter against the Oklahoma City Thunder at Crypto.com Arena. For almost four decades fellow Lakers great Abdul-Jabbar had owned the mark and watched as James climbed the scoring table. The Chosen One, now widely referred to as "King James," finished the night with 38 points, bringing his career total to 38,390. The scoring record adds new fuel to the debate over who is the greatest basketball player ever, James or Jordan. "Me personally, I'm going to take myself against anybody that has ever played this game," said James after setting the record.
☆ The Saudi Arabian government would 'definitely support' private bids for UK soccer clubs Manchester United or Liverpool, sports minister says
  + stars: | 2022-11-25 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +2 min
Saudi Arabia's sports minister told BBC it will support private bids for Manchester United and Liverpool FCs. A consortium led by Saudi Arabia's Public Investment Fund already owns Newcastle United FC. A consortium led by Saudi Arabia's Public Investment Fund purchased Newcastle United FC in October 2021 for $409 million. Manchester United and Liverpool are among the world's most valuable sports teams. Forbes estimates Manchester United is worth around $4.6 billion, while Liverpool is worth about $4.45 billion.
☆ Two veteran sports execs launch firm aiming to invest up to $50M in early-stage companies
  + stars: | 2022-09-20 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +3 min
Two longtime sports executives are launching an investment firm they say will back startups capitalizing on the growing opportunities at the intersection of sports, media and entertainment. Velocity Capital Management said Tuesday it will invest up to $50 million in early-stage companies with enterprise values of up to $2 billion. "Camp is a business that cuts across some of the things we've been looking at as a firm," said Abrams. Before joining Harris Blitzer Sports & Entertainment as its chief investment officer in 2018, Abrams served as a partner at Apollo for much of his career. Rees previously guided Sportradar, a data firm that works with sportsbooks, sports federations and media companies, through its IPO in 2021.
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