Tag: investment


Momentous launches investment platform

New US investment group launched to combine team ownership with real estate development

An Orlando-based investment platform has been launched to combine ownership in sports teams with investment in dynamic mixed-use developments anchored by stadium districts. Momentous Sports has been founded by Magnolia Hill Partners and is supported by athlete partners John Elway, Tim Tebow, and... » Read more


Apollo launching $5 billion sports fund

Apollo Global Management is launching a $5B sports fund

Apollo Global Management is gearing up to launch a $5 billion investment vehicle targeted at the burgeoning sports sector. The FT said the New York-based company, with more than $800 billion of assets under management, has been accelerating its push into sports in recent years. Its investments... » Read more


YTL pumping £4 billion into UK economy

YTL to invest into UK

The UK Government has announced a £4 billion investment by YTL businesses in the UK over the next five years, which will transform the greater Bristol area and deliver a state-of-the-art arena and over 30,000 jobs across the UK. The announcement came as Malaysian Prime Minister Dato’ Seri Anwar... » Read more


Populous-OnePlan ‘Twin’-pronged goals

Populous invests in OnePlan

Populous, the renowned global sports and entertainment venue and events design practice, announced on May 20th a strategic investment in OnePlan, the world’s leading event site and venue planning software company. ‘POPULOUS’ stated that OnePlan’s innovative Geographic Information System... » Read more


ASM sports tourism edge with EDGE Sports deal

ASM Global with strategic investment

ASM Global – the world leader in venue and event strategy and management – recently made significant investment in the Boston (US)-based EDGE Sports Group – signifying a major investment and strategic move to become the leading provider of advisory, development and venue... » Read more


Porto stadium upgrades get €65m boost

FC Porto secures investment for improving stadium operations

Madrid-based investment company Ithaka has invested €65 million in Portugal’s Porto Football Club, which will splash the cash on improvements to its Estádio do Dragão. Essential Business said Ithaka has investment experience in sports and sports infrastructure projects in Europe. FC Porto... » Read more


Rogers Arena overhaul pivot fan experience

Rogers Arena USD150m upgrade revealed

The National Hockey League (NHL) team Vancouver Canucks have embarked on a significant overhaul of their digs – the Rogers Arena in Vancouver, Canada – earmarking a $150 million investment towards enhancing the fan experience. ‘bnn’ stated that at the heart of this ambitious project... » Read more


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