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…
European Soccer
49ers Enterprises Poised to Capitalize on Leeds’ Promotion
Leeds United is pushing toward a crucial summer. The newly crowned Championship champions have been promoted back into the English Premier League, a move that comes with…
Man City Posted Record $900M Revenue With 2024 EPL Title
The rich got richer. Manchester City, the Premier League’s highest revenue club and winner of four consecutive league titles, posted record revenue of £715 million—about…
Europe’s Stadiums Need Upgrades to Boost Sales After Poor Media Bids
Disappointing media rights bids across the major European soccer leagues have clubs turning to stadium renovations as a path to grow revenue, says ratings agency…
Paris FC Sale Brings Billionaire Backing as Fubo CEO Profits
The sale of Paris FC to French billionaire Bernard Arnault will bring billionaire backing to a historically second division soccer club with hopes of one day challenging…
Euros and Copa América Are Windows on the World for U.S. Fans
This story appears in Sportico’s Morning Lead newsletter. Click here to sign up and get it delivered straight to your inbox. When confronted with the American habit…
Harry Kane Joins Dak Prescott, Wayne Gretzky as Investors in OxeFit
English soccer star Harry Kane has joined the list of athlete-investors attracted to fitness startups. The Tottenham Hotspur striker is part of a $20 million…
Exclusive
Spirit’s Michele Kang Adds Lyonnais Feminin to Women’s Soccer Venture
Michele Kang will have the controlling interest in a new, still-unnamed company that will hold the NWSL’s Washington Spirit and Olympique Lyonnais Feminin, a top-flight…
Wrexham Gets Its Hollywood Ending With Win and Promotion
In November 2020, actors Ryan Reynolds and Rob McElhenney reached an agreement to buy National League club Wrexham AFC, four tiers below the Premier League. On Saturday…
Opinion
Welcome to European Soccer: Wrexham Success Yields Business Lessons
Today’s guest columnist is Jordan Gardner, a consultant for Twenty First Group in their Commercial Specialist Group. Already, the Wrexham AFC story is a part of…
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…
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…
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