Man United Stock Sinks 13% as Investors Weigh Glazers Keeping Club
Shares of the publicly traded Manchester United more than doubled over the past three months, after the Glazer family announced it would seek “strategic alternatives”…
raine group
Qataris, Ratcliffe Confirm Manchester United Bids and Appeal to Fans
Qatari investor Sheikh Jassim Bin Hamad Al Thani and INEOS founder Jim Ratcliffe confirmed bids for Manchester United on Friday, the soft deadline set by Raine Group…
Man United Stock Pops 10% Ahead of Friday Bid Deadline
Manchester United and Barcelona played an action-packed 2-2 draw Thursday in the first leg of their Europa League matchup. Off the field, United posted a win, as the…
WWE Hires Raine Group to Help With Potential Sale
World Wrestling Entertainment has retained boutique investment bank Raine Group to aid in exploring strategic alternatives, including a sale of the company. Raine…
Chelsea Sale Narrows to Three as Ricketts Group Bows Out
The Chelsea sale is down to three bidders. The group led by the Ricketts family, owners of baseball’s Chicago Cubs, did not submit a final bid for the European soccer…
Exclusive
Chelsea’s Billion-Dollar Bidding War Back On With Deadline Extension
The Chelsea sale is back on. The U.K. government has told the bankers running the process they can resume selling the European soccer team, according to someone familiar…
French Soccer Club Olympique Lyonnais for Sale as Raine Group Seeks Buyer
The Russian invasion of Ukraine has prompted the proposed sale of Chelsea Football Club last week. But Chelsea is not the only club up for grabs. On the other side of…
$100 Million East Asian Basketball League Has New Structure, NBA Investors
The East Asian Super League, a group looking to build the top competition for basketball clubs in Asia, has raised money from investors that include the Raine Group and…
Cubs’ Tom Ricketts, Raine Group Form Sports-Focused SPAC
Tom Ricketts, top Chicago Cubs executives and investment advisory firm The Raine Group have formed a special purpose acquisition company seeking $325 million for a…
DraftKings Sale Rewards Early Believers Like Raine Group With Huge Profits
When venture capital funds began investing in DraftKings shortly after its founding in 2012, it wasn’t clear that founder Jason Robins’ idea was legal, much less…
Robert Kraft, Billionaire Meckenzie Selling Millions of DraftKings Stock
DraftKings filed this morning to sell as many as 36.8 million shares, about half of which will come from early investors including Robert Kraft, Raine Group and Shalom…
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