Vista Outdoor said it had agreed to sell its sporting products business to Czechoslovak Group (CSG) for $1.96 billion, after the Prague-based defense firm raised its offer to acquire the unit from the company. The...
Businessman Textor to sell his stake in Palace
Crystal Palace co-owner John Textor said on Friday he is trying to sell his majority stake in the club, which he owns 45% of through his company Eagle Football Holdings, and has appointed the Raine Group to find a buyer...
Russian billionaire exploring possible sale of French soccer club Monaco
Russian billionaire Dmitry Rybolovlev is exploring the possibility of selling his stakes in French soccer club Monaco. Rybolovlev has been the majority owner of Monaco since 2011. After Les Echos newspaper reported that...
UK’s Frasers plans to buy SportScheck assets out of administration
British sports and fashion group Frasers said it will seek to buy SportScheck’s business and assets out of administration after the German sporting goods retailer filed for insolvency. Frasers had agreed to...
German football league expects at least four bids in 1 billion euro stake sale, sources say
German football’s governing body Deutsche Fussball-Liga (DFL) has invited five financial investors to apply for a stake in the Bundesliga’s marketing rights, two sources familiar with the matter told Reuters...
Man United nears sale of 25% stake to Jim Ratcliffe for $33 a share – Sky News
Manchester United’s American owners, the Glazer family, are set to finalise a $33 per share deal with Jim Ratcliffe that will see the British billionaire acquire a 25% stake in the English soccer club, Sky News...
Vista Outdoor to sell sporting products unit in $1.91 bln deal, cuts sales forecast
Vista Outdoor said it would sell its sporting products business in a $1.91 billion deal, although its shares tumbled about 20% in early trading after it cut its full-year sales forecast. The all-cash sale of the...
Football-XFL and USFL announce intent to merge
The XFL and USFL said that the two troubled American grid iron leagues plan to merge and begin play next year. The XFL is owned by movie star Dwayne ‘The Rock’ Johnson while the USFL is under the ownership...
Carlyle in talks to take stake in Manchester United, Sky News reports
U.S. buyout firm Carlyle Group Inc is in talks about a “major” investment in Manchester United as the auction of the Premier League soccer club enters its final stages, Sky News reported. Carlyle was one of...
GMR Sports in talks to buy gaming startup Fantasy Akhada
Fantasy gaming startup Fantasy Akhada is in talks to sell a significant stake to GMR Sports, a GMR Group entity, at a valuation of $160-175 million ( ₹1,300-1,400 crore), four people aware of the development said. The...
Matt Ishbia set to acquire Phoenix Suns, Mercury basketball teams for record $4 billion
Mat Ishbia, a billionaire mortgage lender, has agreed to buy a majority stake of the Phoenix Suns and Phoenix Mercury from the owner Robert Sarver for $4 billion who announced the sale of basketball teams in September...
Mukesh Ambani to bid for football club Liverpool FC’s takeover: Report
Indian billionaire Mukesh Ambani has entered the race to bid for world-renowned English football club Liverpool FC’s takeover, reported a leading English daily. The English Premier League giants have been put up...
