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...
Alibaba’s Tsai buys rest of NBA’s Brooklyn Nets
Alibaba Group Holding Ltd co-founder Joseph Tsai is buying a 51% stake that he doesn’t already own in NBA’s Brooklyn Nets and its Barclays arena from Russian billionaire Mikhail Prokhorov, the U.S basketball team said...
U.K. football pitch operator Goals to launch sale process in months: Sky
British five-a-side football pitch operator Goals Soccer Centres is preparing to launch a sale process within months, Sky News reported on Saturday. The Scottish-based company, in which Sports Direct and Newcastle...
Esports platform Super League Gaming, in first post-IPO deal, buys Framerate
The amateur esports platform Super League Gaming Inc has acquired the fast-growing social video network Framerate for $2.5 million in cash and stock, according to a corporate filing on Friday. It is the first...
Italy’s soccer club Fiorentina confirms sale process
Italian Serie A soccer club ACF Fiorentina said on Saturday its owners were negotiating a sale, confirming earlier media reports. In a statement, the club said its board had resigned after being informed by the Della...
Qatar’s state-backed group and PSG owner in talks for stake in Leeds United
Qatar Sports Investments, a state-backed body founded by the emir of Qatar, Sheikh Tamim bin Hamad Al Thani, is in discussions to buy a stake in English soccer club Leeds United, the Financial Times reported on...
Shares in FC Copenhagen owner boosted by takeover talk
Shares in Parken Sport & Entertainment, owner of soccer club FC Copenhagen, climbed on Tuesday as its main shareholder confirmed media reports about investor interest in buying the business. Parken’s largest...
