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...
Dhoni picks up 25% stake in Run Adam to become firm’s mentor, ambassador
Former Indian cricket captain MS Dhoni has picked up 25 per cent stake in Run Adam, a 360 degree sports Tech-Ecosystem. The platform has been created with a vision to help aspiring sportspersons to hone their talent and...
CPPIB, TCV buy stake in Swiss sports data group Sportradar
Canada Pension Plan Investment Board (CPPIB) and Silicon Valley-based investor TCV are buying a stake in Sportradar, valuing the Swiss sports data group at 2.1 billion euros ($2.5 billion), including debt, the companies...
ISL: Sanjiv Goenka buys Atletico Madrid’s stake in ATK
Sanjiv Goenka has bought out Atletico Madrid’s stake in ATK, the team that was formerly known as Atletico de Kolkata and was launched in 2014 to represent Kolkata in the annual Indian Super League (ISL) football...
Sports Direct seeks ‘partnership’ with Debenhams after raising stake
British sportswear retailer Sports Direct (SPD.L) has increased its stake in department store chain Debenhams (DEB.L) to 29.7 percent and is seeking to extend its relationship with the firm to“a strategic partnership”...
Sachin Tendulkar, P V Sindhu call off proposed investment in CallHealth
Legendary cricketer Sachin Tendulkar and ace shuttler P V Sindhu have called off their talks for investing in Hyderabad-based CallHealth Services, according to sources close to the cricketer. CallHealth, in a regulatory...
Adidas sells CCM ice hockey brand for $110 million to Birch Hill
German sportswear group Adidas has agreed to sell its CCM ice hockey brand to private equity firm Birch Hill Equity Partners for $110 million, it said on Thursday, as it focuses more strongly on its core Adidas and...
