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...could include targets for housing, including affordable housing; for green spaces, to meet net zero objectives; and for cultural assets, such as libraries and museums, sports and leisure facilities, youth clubs...
...The payouts have become a symbol of ill-advised financial decisions by the previous club owners, who also invested in Bernard Madoff’s Ponzi scheme....
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...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...
...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....
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