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...Private equity firms are quietly preparing funds to invest exclusively in the US National Football League, according to people familiar with the matter, as a potential precondition for being allowed to hold...
...They mark the latest fallout from a dealmaking spree in which 777 has bought sports teams around the world and come as it is bidding for English Premier League football club Everton....
...In turn, America has warmed to football. Lionel Messi wows crowds with his performances for Inter Miami while US investors have poured capital into European football teams....
...That plan will now be realised for two MLB clubs that previously had contracts with Diamond: the 2023 National League champion Arizona Diamondbacks and the San Diego Padres....
...While private equity investors are barred from owning teams in the National Football League, the world’s richest sports division, several groups are gearing up for a possible change to the rules....
...There may be good arguments for bringing in outside expertise and capital to help the league keep up with other European leagues, but the cultural barriers look too high....
...The German football league has called off talks over a potential investment from private equity after mass protests from fans, the third time it has failed in its efforts to bring in outside capital....
...Six Premier League clubs attempted to join the new breakaway competition, but the plan unravelled following mass protests from fans and staunch opposition from governments and governing bodies....
...Football League history....
...Each of the other Big Four leagues, as well as Major League Soccer and the National Women’s Soccer League, have amended bylaws since 2019 to allow for private capital stakes, hastened by a pandemic-induced...
...US investors, meanwhile, have poured capital into European football clubs....
...Private equity firm CVC Capital Partners has financed the Spanish and French football leagues, while US investors have bought famous clubs, including Italy’s AC Milan and Premier League side Chelsea....
...The failed European Super League project may have been the opening salvo in a longer-term battle over the future of football....
...Agnelli was prepared to go along with either plan: Uefa’s Champions League reforms, which he helped to design as the ECA’s head, or the rebels who wanted to own their tournament outright....
...Serie A, Italy’s top football league, lags behind rivals such as the English Premier League or Spain’s La Liga in revenues and global audience....
...Soon Fifa, football’s governing body, ruled that all non-Ukrainian players would have their contracts immediately suspended, and the domestic league was halted indefinitely....
...In the meantime, Uefa has set out plans to expand the Champions League, while Fifa is overhauling the Club World Cup....
...Other countries, such as England, France and Italy, have welcomed international capital into domestic football — from US billionaires and private equity firms to Gulf sovereign wealth funds....
...It is in talks with Mubadala Capital over an investment and is being advised by BTG Pactual....
...Cardinale, managing partner of RedBird Capital Partners, told the FT Business of Football Summit in London on Thursday that the club was ready to move forward with the construction of its new stadium on...
...Those behind the original ESL project immediately unveiled a new plan, with three pan-European leagues (Star, Gold and Blue) featuring promotion, relegation and matches streamed for free....
...The Italian team was sold to private equity group RedBird Capital Partners for €1.2bn, the highest price paid for a club outside the English Premier League....
...Amazon has signed a 10-year deal with the NFL to stream Thursday Night Football, while Apple TV+ has a streaming agreement with Major League Baseball and Major League Soccer....
...Ajax said it plans to sack its chief executive following allegations of insider trading related to the Dutch football club’s listed shares. Alex Kroes has only been in the job for a few weeks....
...Continue reading for our take on the Premier League’s £6.7bn media rights payday, and we have a dispatch on the frenetic finale to this year’s Brazilian football league from Michael Pooler, our correspondent...
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