Hints and tips:
...Billionaire Rob Walton, heir to the Walmart retail fortune, acquired the NFL franchise for $4.6bn....
...Guggenheim shocked the baseball world by paying a then-record $2.15bn sum for a Major League franchise....
...It has also been underscored by rising valuations in MLS teams and expansion franchises....
...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....
...Bids have reached the second round; Winslow said the Bay Area franchise’s expansion fee is “the benchmark from here”. Is the league profitable?...
...Since then Ravitch has worked on deals involving more than 20 teams across different sports, including Joe Tsai’s Brooklyn Nets, David Beckham’s Inter Miami and Steve Ballmer’s Clippers basketball franchise...
...Kraft has personalised the watch with a fob made from a Guards cap badge in recognition of his 25-year membership of the Guards Polo Club. 2....
...Harris made a name for himself at Apollo’s buyout franchise — a business that has rarely looked stronger....
...The deal values Legends at $1.3bn, according to people familiar with the matter, who add that the clubs — owned by Hal Steinbrenner and Jerry Jones, respectively — will still remain involved....
...Most US sports franchises have private ownership whose ranks form a rarefied club of financiers, celebrities and other power players....
...The Tinseltown super-agent, whose entertainment empire includes talenthouse WME, mixed martial arts franchise UFC, and the Miss Universe pageant, first introduced Durban to Al Mubarak and has been instrumental...
...The deal catapults MS’s investment management house into the trillion-dollar club....
...Mr Harris juggled sports holdings that include a controlling stake in the Philadelphia 76ers basketball franchise and London’s Crystal Palace football club....
...When David Tepper bought a Major League Soccer franchise for $325m in December, the hedge fund billionaire agreed a price similar to one needed to acquire football clubs in the sport’s financial stronghold...
...Go deeper on the club whose parent company is part-owned by Silver Lake with our FT Scoreboard briefing later this week. Sign up to receive it here....
...Guggenheim Baseball Management acquired the Dodgers in 2012 for $2.3bn from property executive Frank McCourt — at the time, a record price for a sports franchise....
...“[Sports] franchises are valuable. Live rights even more so.”...
...Just last week the German-born banker led the deal to acquire a 10 per cent stake in Manchester City football club for $500m....
...Silver Lake paid $500m for slightly more than 10 per cent of CFG, which owns Manchester City football club, current champions of the English Premier League....
...The FA’s ruling council will discuss an offer made by Shahid Khan to acquire the stadium as part of ambitious plans to bring the Jacksonville Jaguars, the US NFL franchise owned by the Pakistani-American...
...The group’s attempt to exit its investment in Endeavor didn’t go too well after the talent agency and owner of the Ultimate Fighting Championship martial arts franchise was forced to shelve plans for an...
...Private equity groups have found holding majority stakes in sport franchises profitable. Luxembourg-based CVC sold its controlling interest in Formula One in 2016 in a deal worth $8bn....
...The NFL has outlined ambitious plans to establish an American football team “franchise” in London by 2023, an idea supported by London mayor Sadiq Khan and former chancellor George Osborne....
...Recon Group, the Chinese owner of Aston Villa football club, is taking a $100m controlling stake in Millennium Films, the Hollywood producer of one of the Rambo films and The Expendables franchise....
...A person close to Qatar Sports Investments, the majority shareholder in football club Paris Saint-Germain, said it had also considered an offer but had backed away weeks ago....
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