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PGA Tour Inc.
PGA Tour approves $3bn investment from consortium led by Liverpool FC owner
...SSG, whose backers include hedge fund manager and New York Mets owner Steve Cohen and Atlanta Falcons NFL franchise owner Arthur Blank, strengthens the tour’s hand amid a costly battle to retain talent....
January 31, 2024
Sport
Private equity plunges into US college sports with Learfield deal
...The deal reflects how private equity has sought to gain broad exposure to the sports world, taking ownership stakes in clubs and leagues and financing media platforms, new stadium projects and broad ecommerce...
September 13, 2023
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
Mergers & Acquisitions
Raine bags $65mn fee advising WWE on Endeavor takeover
...Raine Group, the US merchant bank leading a sale of Manchester United football club, will rake in one of its biggest paydays if World Wrestling Entertainment’s merger with Ultimate Fighting Championship...
May 17, 2023
Football
Son of former Qatari PM bids to buy Manchester United from Glazers
...The son, Sheikh Jassim, confirmed his bid for one of the world’s biggest and most prestigious football clubs in a statement to the Financial Times....
February 18, 2023
Football
Google DeepMind unveils AI football tactics coach honed with Liverpool
...Google DeepMind has developed a prototype artificial intelligence football tactician in collaboration with Premier League club Liverpool, in the latest push to use the technology to master the ebb and flow...
March 19, 2024
Scoreboard
Golf’s power balance resets Premium content
...Together with investors including hedge fund manager Steve Cohen and Atlanta Falcons NFL franchise owner Arthur Blank, Henry and Fenway are paying up to $3bn for a minority stake....
February 3, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
News in-depthFootball
‘A PR nightmare’: Lionel Messi’s Hong Kong no-show hits Inter Miami brand
...The Florida football club, which counts former England captain David Beckham as a co-owner, beat Saudi Arabia to lure Messi to the US last July, a boost to a country that will co-host the Fifa World Cup...
February 9, 2024
Scoreboard
The sports payday made in Manchester Premium content
...It’s a measure of how close the English football club came to entering 2024 with continued uncertainty over its future....
January 20, 2024
Telegraph Media Group Ltd
Telegraph takeover by RedBird IMI faces regulatory probe
...IMI, which is controlled by Sheikh Mansour bin Zayed Al Nahyan, a vice-president of the United Arab Emirates and owner of Manchester City football club, provided about three-quarters of the funding to RedBird...
March 19, 2024
Due Diligence
Tiger Global readies for new private bets Premium content
...One scoop to start: AC Milan’s owner Gerry Cardinale has pledged to build a 70,000-seater “American-like” stadium for the Italian football club, pouring cold water over efforts by the city’s mayor to salvage...
March 1, 2024
Telegraph Media Group Ltd
UK government considers changes to the law to block Telegraph takeover
...Sheikh Mansour owns Premier League football club Manchester City, while RedBird IMI last month agreed to buy a British television production company, All3Media, for more than £1.1bn....
March 11, 2024
Personal & Household Goods
Castore scores £950mn valuation after Raine-led funding round
...However, the company’s growth has raised expectations and scrutiny, including criticism that the kits it provided to Aston Villa football club retained sweat and water, inconveniencing the players....
November 29, 2023
Scoreboard
How Joe Lewis transformed Tottenham Hotspur Premium content
...We take a look at the tumultuous changes in the business of football since the Bahamas-based tycoon bought the club....
July 29, 2023
Major League Soccer LLC
Lionel Messi says he will join Major League Soccer’s Inter Miami
...Lionel Messi, the Argentine football star and reigning World Cup champion, said he would join the Major League Soccer club Inter Miami, giving the US league a monumental boost at a time of increased global...
June 7, 2023
Due Diligence
Why GIC ditched Vista Premium content
...Club (FT) Fed weighed removing SVB CEO from supervisor’s board before collapse (FT) Odey joked about accusers, blamed woke brigade for downfall (Bloomberg)...
September 29, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Scoreboard
How a football legend scored $125mn for the women’s game Premium content
...The result of their meeting was a groundbreaking new agreement in women’s football which will see Sixth Street invest a $125mn into a new National Women’s Soccer League club, including a record $53mn expansion...
April 8, 2023
Due Diligence
SoftBank’s go-to banker makes it Raine Premium content
...Alongside Arm, they’re handling the potential sale of the English football club Manchester United....
September 14, 2023
Due Diligence
Goldman Sachs: is there anybody out there? Premium content
...News round-up NFL star Tom Brady takes stake in Birmingham City football club (FT) Gautam Adani’s Ambuja Cements buys Sanghi Industries in $600mn deal (FT) Crédit Agricole nears deal for Degroof Petercam...
August 4, 2023
Mergers & Acquisitions
Apollo embraces its softer side Premium content
...club approaches PSG with record €300mn bid for Mbappé (FT) Mediobanca makes bet on London with start-up venture (FT) Billionaire donors cool on Ron DeSantis over rightwing policies (FT) Julius Baer/Credit...
July 25, 2023
Due Diligence
Everyone’s pouring money into private credit Premium content
...Křetínský’s portfolio includes stakes in the UK’s Royal Mail, grocer J Sainsbury, and West Ham football club as well as German wholesaler Metro and US sneaker chain Foot Locker....
May 24, 2023
Manchester City Football Club PLC
Silver Lake ramps up stake in Manchester City owner
...Meanwhile US investors Todd Boehly and Clearlake Capital in May acquired Chelsea FC for £2.5bn, a record for a football club takeover. That deal set a benchmark for elite clubs....
November 25, 2022
Live news updates from February 8: UK mulls sending jets to Ukraine, Disney stems streaming losses
UK imposes more sanctions against Russia
...Club, since Russia’s full-scale invasion of Ukraine almost a year ago....
February 8, 2023
Silver Lake Group LLC
Silver Lake ups stake in Manchester City owner
...CFG is now one of the biggest sport club owners in the industry, with investments in football clubs ranging from Australia and Japan to Uruguay and the US....
September 16, 2022
FIFA Men's World Cup
World Cup briefing: Socceroos bounce into next round after shock win
...Most of the squad play club football domestically or in the Scottish league, while Denmark’s team is packed with players from England’s Premier League and Spain’s La Liga....
December 1, 2022
Will Page
Roar of the live music crowd drowns out stadium income from sport
...Consider the enlightening story of American football team the Atlanta Falcons, who took the bold decision of improving the quality of catering inside their glitzy new stadium while slashing prices....
August 12, 2022

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