A consortium comprising investors Todd Boehly, Hansjorg Wyss and Jonathan Goldstein has been shortlisted in the auction for English Premier League club Chelsea, a source familiar with the matter told Reuters. Chelsea...
Naomi Osaka takes equity stake in crypto exchange FTX
Tennis star Naomi Osaka has taken an equity stake in FTX and will be receiving compensation in crypto, the Bahamas-based cryptocurrency exchange, one of the most valuable startups in the world, said on Monday. The four...
Mobile Premier League forays in Europe with acquisition of GameDuell
E-sports company Mobile Premier League on Monday announced its foray into Europe with the acquisition of Germany-based digital gaming company GameDuell for an undisclosed amount. With this acquisition, Mobile Premier...
Serbian billionaire-backed Sport Republic buys Southampton
The investment firm Sport Republic, backed by Serbian billionaire Dragan Solak, has completed a takeover of Southampton by picking up an 80% stake in the club, the Premier League side said on Tuesday. Solak, who owns...
American investors hope to buy Burnley before transfer window
American investors ALK Capital are aiming to complete their purchase of Premier League club Burnley in time to strengthen the Lancashire club’s squad during the January transfer window, a source close to the bid told...
Red Sox owner to take Fenway Sports public through merger with RedBall: source
Boston Red Sox owner John Henry is in talks with RedBall Acquisition Corp to take his famed sports holding company Fenway Sports Group LLC public, a person familiar with the matter told Reuters late on Friday. The deal...
ALK Capital in talks to buy Premier League soccer club Burnley
American sports investment company ALK Capital LLC is in talks to purchase Premier League club Burnley, sources with knowledge of the negotiations have told Reuters. The move is the latest evidence of renewed interest...
Billionaire Steve Cohen agrees to buy the New York Mets
Billionaire hedge fund manager Steve Cohen has signed an agreement with Sterling Partners to buy the New York Mets baseball team, the two sides said in a statement on Monday. “I am excited to have reached an agreement...
AS Roma in talks over sale to U.S. billionaire Friedkin
AS Roma is in talks with a group led by U.S. billionaire Dan Friedkin looking to buy the Italian Serie A soccer club, it said on Monday. Europe’s top soccer clubs have attracted big money from some of the world’s...
Lyon parent company acquires NWSL’s Reign FC
OL Groupe, the parent company of French Ligue 1 team Olympique Lyonnais, has completed the takeover of National Women’s Soccer League (NWSL) franchise Reign FC in a deal worth $3.51 million, OL Groupe and Reign said on...
Manchester City owners buy majority stake in Mumbai City FC
English Premier League champions Manchester City’s parent company City Football Group on Thursday bought a majority 65 percent stake in Indian Super League franchise Mumbai City FC. News of the acquisition was...
Manchester City owner to sell $500 million stake valuing itself at $4.8 billion: FT
The owner of English Premier League champions Manchester City is selling a $500 million stake to private equity firm Silver Lake, valuing the soccer club’s owner at $4.8 billion, the Financial Times reported on...