The Knight Riders Group, co-owned by Bollywood actors Shah Rukh Khan, Juhi Chawla and her husband Jay Mehta, has acquired the rights to operate a franchise at the UAE T20 League, becoming the fifth Indian firm to do so...
Sports
Adani Sportsline Acquires Franchise In Upcoming Uae’s Flagship T20 League
In a landmark decision, Adani Group’s Adani Sportsline forayed into franchise cricket by acquiring the rights to own and operate a franchise in UAE’s flagship T20 league. The UAE T20 League, licensed by...
Boehly-led consortium wins bid to take over Chelsea
A consortium led by LA Dodgers part-owner Todd Boehly and backed by Clearlake Capital has won the bid to acquire Premier League club Chelsea in a deal worth up to 4.0 billion pounds, Britain’s Telegraph newspaper...
Ricketts bid added to shortlist for Chelsea takeover
The Ricketts family has been included on the shortlist to buy Premier League club Chelsea, a source close to the deal told Reuters on Friday, joining groups led by Martin Broughton and Todd Boehly as the other two bids...
Todd Boehly-led group advances in bid for Chelsea
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...
