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Private equity
Private equity gears up for potential National Football League investments
...stakes in teams that make up the world’s richest professional sports league....
April 18, 2024
Grant Thornton LLP
Grant Thornton retirees escalate revolt over private equity deal
...The retirees’ decision to hire lawyers represents an escalation of the fight, even though individuals on both sides continue to describe talks as “productive” or “professional”....
April 11, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Golf
‘Billionaires’ playgrounds’: the $1mn fees upending Florida’s golf clubs
...Golfers writing non-refundable cheques to join these clubs, many of them professional punters on Wall Street, are making a similar bet....
April 10, 2024
Crispin Odey
Gentlemen’s club famous for ‘nieces’ night’ considers admitting Crispin Odey
...All-male clubs are seen by many critics as denying professional women equal networking opportunities, though they argue they officially frown on business discussions and put tight restrictions on the use...
April 2, 2024
Grant Thornton LLP
Grant Thornton US sells majority stake to private equity
...The financial terms of the investment could not immediately be established, but it will be the largest of five private equity deals so far among the top 25 US accounting firms, where the traditional partnership...
March 15, 2024
Scoreboard
Why Saudi Arabia’s tennis rally is just getting started Premium content
...For one thing, women’s hoops is thriving for reasons that the men’s professional game is lagging....
April 6, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Sport
How basketball’s biggest star is changing women’s sport
...It was better than the average network ratings for men’s professional National Basketball Association games this season....
March 29, 2024
Private equity
Sports investor Arctos to focus on N America after raising $4.1bn fund
...as 2022 National Basketball Association champions the Golden State Warriors, the Utah Jazz and the Sacramento Kings....
April 20, 2024
Sport
NBA player gets lifetime ban for gambling on basketball games
...The National Basketball Association has banned a player for life for gambling on the sport, the first time the league has handed down the maximum penalty since legal sports wagering began in the US....
April 17, 2024
Shohei Ohtani
Scandal involving baseball star Shohei Ohtani investigated by US league
...has obscured his role in professional basketball....
March 22, 2024
Scoreboard
America’s sports betting nightmare Premium content
...As the world’s richest professional sports league, with generous revenue-sharing agreements between clubs and a $110bn domestic media rights contract, the NFL is the lone holdout among US pro sports to the...
April 20, 2024
News in-depthMedia
The Amazon play that could change the game for streaming sports
...assortment of US professional women’s soccer and basketball....
March 23, 2024
ReviewNon-Fiction
Smart Money — Alex Duff on the changing fortunes of Brentford Football Club
...He began watching Brentford because it was the nearest professional football club, only 17 miles away....
March 22, 2024
Centerview Partners LLC
Ex-Centerview banker did not clinch partner deal at meeting, US court rules
...The judge, Sam Glasscock of the Delaware Court of Chancery, said the evidence presented by Handler showed some indications that the banker’s arrangement at Centerview had changed after the University Club...
April 23, 2024
News in-depthFootball
‘A PR nightmare’: Lionel Messi’s Hong Kong no-show hits Inter Miami brand
...But the club’s first international tour, a global opportunity made bigger by arguably the best player of all time, mutated into a mis-step that has shown the perils of the club’s dependence on Messi to attract...
February 9, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Paris Saint-Germain Football Club
Arctos takes stake in Paris Saint-Germain to value club at more than €4bn
...Earlier this year, the Qatar Investment Authority, the country’s sovereign wealth fund, paid $200mn for a 5 per cent stake in the owner of Washington’s professional basketball and hockey teams....
December 7, 2023
Scoreboard
F1’s new Red Bull problem Premium content
...of the club almost four years ago....
March 9, 2024
News in-depthPrivate equity
Private equity groups step up pursuit of white-collar partnerships
...Private equity is accelerating its pursuit of consultancies, talent agencies and accounting firms, as it targets professional partnerships in one of the buyout industry’s last unconquered territories....
March 18, 2024
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
InterviewSport
Team owner with Alibaba tie seeks basketball championship for New York
...For all its reputation as a basketball mecca, New York City has not hoisted a professional hoops trophy in 50 years. Clara Wu Tsai wants to change that....
October 18, 2023
Special ReportNorth America Innovative Lawyers
Legal eagles punt ‘trophy assets’
...ownership of a professional US sports franchise....
December 5, 2023
Grant Thornton LLP
Grant Thornton’s retired partners demand bigger payout from private equity sale
...Grant Thornton is the seventh-largest accounting firm in the US with $2.4bn in annual revenue. The sale of a majority stake to New Mountain represents the biggest private equity deal in the sector....
March 29, 2024
InterviewProperty sector
From strip club to luxury towers: the property developer looking to transform Miami
...It was also owned by a canny strip club mogul, Jack Galardi, who had started in Las Vegas in the 1970s and owned dozens of clubs around the country....
January 30, 2024
Person in the News
Shohei Ohtani, the baseball superstar under pressure
...His father played baseball for a local semi-professional club, and his mother was competitive in badminton....
March 29, 2024
The Big Read
The European football clubs turning stadiums into cash cows
...sport, such as basketball....
January 7, 2024

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