777 Partners Acquires Belgian Soccer Club Standard Liege
U.S.-based 777 Partners has reached an agreement to acquire Standard Liège, a top soccer club in Belgium, people familiar with the deal told Sportico. Both parties have…
European Soccer
UK Seizes Chelsea FC as Part of Roman Abramovich Sanctions
Chelsea soccer club owner Roman Abramovich has become the latest Russian oligarch to be sanctioned as part of the British government’s response to Vladimir Putin’s…
Conway SPAC Seeks Euro Soccer Club Despite Public Market Doubts
Counter Press Acquisition (CPA), the SPAC formed by Hollywood financier Paul Conway and former Tampa Bay Rays executive Michael Kalt (Rays owner Randy Frankel, Los…
Crypto Advertising, Team Deals Grow Despite Industry Troubles
Crypto commercials stole the Super Bowl advertising spotlight Sunday night, and have emphasized cryptocurrency companies’ appetite to captivate sports fans. Coinbase’s…
Soccer Investors Eye Developmental Clubs, Transfer Fees to Cash In
Buying a sports team is getting harder. There are fewer opportunities, and they cost more. The competition to acquire premium properties has forced investors to look at…
NFL Star Malcolm Jenkins Buys Stake in EPL’s Burnley F.C.
New Orleans Saints safety Malcolm Jenkins is now invested in a different kind of football. Jenkins has become a minority partner for the English Premier League’s Burnley…
777 Partners Acquires Serie A’s Genoa C.F.C. for $175 Million
777 Partners, a Miami-based alternative investment firm, has acquired full ownership of Italy’s oldest professional soccer team, Genoa Cricket and Football Club. The…
Goldman Sachs Loans Barca Payroll Cash as Woes Linger Post Messi
Spanish league powerhouse F.C. Barcelona sent its most expensive player to Paris Saint-Germain, but the club’s financial troubles are lingering behind- even requiring a…
LaLiga Approves $2.4 Billion CVC Deal as Barca, Madrid Opt Out
LaLiga’s general assembly approved a modified $2.4 billion private equity deal with CVC Capital Partners, with 38 of the 42 clubs in Spanish soccer’s first two divisions…
Messi’s PSG Move, Amazon Deal Spotlight French League’s TV Chaos
Argentine soccer star Lionel Messi’s arrival to Paris Saint-Germain (PSG) might have been the big headline today, but who will broadcast his first game is a major…
Messi Split From Barcelona Reveals LaLiga’s Pay Limits
A week ago, a new five-year contract between Barcelona and Lionel Messi seemed like a done deal, with the sides nearing agreement to extend their 20-year relationship…
Prime
Harnessing the Power of Personal Data, Stars Score Record-Breaking Contracts
With millions of dollars on the line, athletes are discovering the power of their own personal data. Once exclusively used by sports leagues and teams to maximize…
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