CVC Forms $14 Billion Global Sport Group Focusing on Leagues, Teams
Private equity giant CVC Capital Partners has formed Global Sport Group (GSG), a new division to hold its $13.6 billion of sports properties and pursue expanded…
CVC
NFL’s Potential PE Partners Just Getting Started in Sports
This story appears in Sportico’s Morning Lead newsletter. Click here to sign up and get it delivered straight to your inbox. In less than a week NFL owners are…
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NFL Sets Private Equity Meetings This Week; League Floats Buy-Back Option
A handful of private equity groups are meeting with the NFL this week, according to multiple people familiar with the process, the latest step in the league’s deliberate…
Bundesliga Renews Pursuit of PE Money to Bolster Global Standing
The German Football League (DFL) is preparing to revive talks over private equity investment as the organization pushes to ensconce the Bundesliga as the second most…
CVC Keeping Close Tabs on LaLiga Boost Progress
In 2021 CVC Capital Partners pledged $2.2 billion to elevate both the first and second divisions of Spain’s soccer league, LaLiga. Almost two years into the partnership…
LaLiga Owner Eyes CVC Funds to Put Galicia on the Map
CVC Capital Partners’ recent investment deal with LaLiga has made a believer out of at least one team owner in the Spanish League, thanks to the release of the first…
CVC LaLiga Cash Flows to U.S. in Mid-Level Clubs’ Marketing Push
Thanks to the popularity of Apple TV+’s Ted Lasso, a TV show about a fictional American soccer coach, the visibility of soccer has significantly increased on this side…
German Soccer, Deutsche Bank in Talks to Sell 20% of Broadcast Rights
German football’s governing body (DFL), which presides over Bundesliga and Bundesliga 2, is in talks with Deutsche Bank AG to facilitate the sale of 20% of their media…
CVC’s LaLiga Bonds Receive BB Rating From Fitch
CVC Capital Partners’ $2.4 billion deal to boost Spain’s top-flight soccer league LaLiga has entered a new phase, with the Belgium-based private equity firm releasing…
CVC’s $2.2 Billion LaLiga Investment Gets Green Light From 37 Clubs
LaLiga’s general assembly has ratified the joint venture Boost LaLiga, with 37 of Spain’s top 42 clubs from the first and second divisions voting to accept the $2.253…
CVC Investment in LaLiga Aims to Bring Smaller Clubs Up to SpeedÂ
Although he lives in Madrid, CVC Capital Partners’ managing director Juan Arbide did not follow soccer before his company made a $3.2 billion investment in Spain’s…
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…
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