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...football identity Since Ferguson’s departure, United has been criticised for a squad created through big money signings ranging from defender Harry Maguire to Casemiro as well as the €95mn acquisition of Brazilian...
...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...
...Eagle Football also owns Brazilian club Botafogo, Belgian side RWD Molenbeek, and a roughly 40 per cent stake in Crystal Palace in the English Premier League....
...Its interests include Hertha Berlin in Germany, Sevilla FC in Spain, the Italian side Genoa, and the Brazilian team Vasco da Gama....
...Brazilian football is one of the enigmas of global sport....
...of big-money sports....
...And it can add another big European club to its trophy cabinet....
...Clubs from the Gulf kingdom sent shockwaves through global football last year when they spent more than €800mn on new players, including stars such as Brazilian forward Neymar and Portuguese midfielder Ruben...
...Brazilian Neymar last summer....
...Messi’s arrival was heralded as a seminal moment in the US’s conversion to the world’s favourite sport, following the arrival of Brazilian icon Pelé, who played in the US in the mid-1970s, the hosting of...
...However, the club had a tumultuous summer transfer window, parting with Argentina World Cup winner Lionel Messi and Brazilian star Neymar....
...Such sums are the extension of a modern sports industry where club valuations have skyrocketed, powered by exponential growth in broadcast rights contracts and the addition of lucrative new revenue streams...
...The acquisition was among the first of a handful of Brazilian clubs to be bought following a new law designed to attract investment into the sport and restructure debts....
...Agnelli was also among the sport’s power brokers as chair of the European Club Association, the body that represents the continent’s biggest teams. Then came the fall....
...Saudi Arabia’s unopposed bid will accelerate its push into football, which is part of its broader expansion into global sport....
...for the global sport but national clubs are barely known overseas....
...Castore makes kit for elite athletes but also operates online stores for some of the world’s biggest sports teams....
...have across sport....
...The French club, owned by state-backed Qatar Sports Investments since 2011, is seeking to cash in a big transfer fee before his contract expires next year, according to a person close to PSG....
...ESPN, the Disney-owned sports network that has struggled to keep up in the streaming age, is placing an aggressive wager on sports betting, an area Iger had long been wary of....
...With fine dining and lounge areas, it’s a mix between a luxury beach club and a sporting event....
...Calum Ross, assistant director at Deloitte’s sports business group, said the Saudi spending spree had ‘‘added to the mix in terms of Premier League clubs’ ability to spend’’, but that the new source of activity...
...Saudi sports officials did not immediately respond to a request for comment....
...A number of Brazilian clubs have also been acquired over the past couple of years, following a new law designed to help solve the financial problems of the debt-laden sector and attract outside investment...
...Clubs and sports authorities are under pressure to do the same for athletes. With major changes under way in the business side of o jogo bonito — the beautiful game — a lot is at stake....
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