Italy’s Serie A Chooses CVC-Led Group To Enter Talks on Possible $1.9 Billion Deal
Serie A has chosen a group led by private equity giant CVC Capital Partners to invest in its media rights, a deal that could provide more than $1 billion of up-front…
Private Equity
SPAC Principals Are Drawn to Public Markets By Potential of Perpetual Capital and No Exit Deadline
Last Friday, Sports Ventures Acquisition became the latest sports-, media- and entertainment-centric special purpose acquisition company to file paperwork with the U.S…
Valuation Arbitrage Between Wall Street, Main Street Help Explain Flood of Sports-Centric IPOs
2020 is trending to surpass the peak tech bubble of 1999 as the biggest year for U.S-listed initial public offerings in history, with nearly $95 billion raised by IPOs…
Exclusive
Beautiful Game Group Adds Oliver Luck, Gary Woolf, Others To Executive Roster
Sports private equity investor Beautiful Game Group has added two new partners to its team and expanded its board of advisors. One-time sports agent wunderkind Gary…
Exclusive
Turn2 Equity Adds Jason Heyward as First Athlete-Investor
Baseball-focused Turn2 Equity Partners has added its first pro athlete investor: Cubs right fielder Jason Heyward, who will also be the first member of a Turn2 Players…
The Business of Sports
Featuring this week's podcast with Scott Soshnick and Eben Novy-Williams
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Exclusive
Arctos Sports Hits $800 Million in Assets, Expands Investment Team
Private equity sports investment firm Arctos Sports Partners has hit $800 million in assets under management, nearly doubling the capital it can deploy since the start…
Private Equity Has Infiltrated Pro Sports. Now It’s Going to College
College sports is in turmoil. The pandemic is gutting budgets; schisms are forming between the haves and have-nots, and many conferences with normally steady income…
Move Over, Billionaires; the Really Big Money Wants In On Sports
Sports franchises have long been a billionaires' playground, where each round of seemingly outsized vanity purchases by an industry titan simply sets the base for the…
Exclusive
Soccer-Focused Investors Launching Podcast Network
For Soccer Ventures, the investment fund backed by Philadelphia Union part-owner Richie Graham, is launching a new soccer-focused podcast network. The project will…
P.E. Deal Volume Down 70-80%, Activity Expected to Pick Up as Sellers’ Valuation Expectations Decline
Private equity firms wrapped up 2019 with a year-end record $1.5T in unspent capital sitting on balance sheets. By March 2020, that number had ballooned to more than…
Exclusive
MLS Nears Rule Change to Allow Private Equity Ownership Across Teams
Major League Soccer is close to changing its ownership rules to allow investment funds to take minority stakes in clubs, a move that should make it easier for teams to…
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