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...The commercial entity and its billionaire backers are distinct from PGA Tour Inc, the tax exempt organisation that administers golf events....
US investment bank, which is leading sale of Manchester United, is set for one of its biggest ever paydays
Colorado-based group’s purchase is its latest in Europe
Compensation for players who stuck with the US tour and LIV’s team-golf format are among the big stumbling blocks
...“As a concept, credit-backed gilt repo is really exactly the same as having credit-backed swaps,” said Simeon Willis, chief investment officer at consultancy XPS Pensions....
...Called Australian Wine Holdco, the consortium also includes asset managers Intermediate Capital Group, Capital Four, Sona Asset Management and Samuel Terry Asset Management....
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
...But one small advisory firm stands above the crowd, write the Financial Times’ Samuel Agini and Ivan Levingston....
CEO admits he doesn’t know exactly ‘how and when’ the tournament will be involved in the new PGA Tour and LIV Golf merger
...Some England players, including ex-Wasps flanker Jack Willis, have left to play in France....
A truce between the sport’s most powerful bodies and the Saudi sovereign wealth fund has been in the works for months but fears grow that the battle is far from over
...Over multiple days of testimony, Samuel Valette — the global head of private sales at Sotheby’s who sold many of the works to Bouvier, the Swiss dealer who worked for years with Rybolovlev — detailed the...
...US-headquartered ATP Tour Inc’s revenues have recovered since falling to a low of $93mn in 2020, a season disrupted by the coronavirus pandemic....
PGA Tour officials tell US Senate their planned tie-up with LIV is best chance to preserve sport’s independence
Deal resolves bitter dispute between established series and breakaway league that has divided men’s game
Wall Street power brokers at heart of detente between US PGA Tour and Saudi-funded upstart LIV
...It is a sentiment that its curator, Samuel Leuenberger, cannot wholly endorse but with which he feels an affinity. “The thing about Parcours is it is absolutely inclusive....
Many players remain frustrated while deal faces scrutiny in Washington
This week’s deal is one of the most striking illustrations yet of the growing influence of the PIF — and raises speculation about where the firepower of $650bn fund will be aimed
...Samuel Tombs, economist at consultancy Pantheon Macroeconomics, said the “large” upward revisions meant the final PMI figures were “more plausible”....
...Do read on — Samuel Agini, sports business reporter The bet behind Mark Cuban’s Mavericks deal This week’s bombshell sports franchise transaction is the proposed sale of the Dallas Mavericks to the family...
Ari Emanuel to head new listed entity housing mixed martial arts and wrestling groups
...But that argument was challenged by Samuel Kasumu, a former Downing Street adviser, who said: “There is no way that Martin can honestly say that big decisions were not made by WhatsApp — that is a lie.”...
...Do read on — Samuel Agini, sports business reporter Premier League bags home win with UK rights deal In the first domestic rights auction since 2019, the English Premier League got the headline it wanted...
...The restaurant was founded by Samuel Truett Cathy in 1946, who “based his business on biblical principles”, according to the company’s website....
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