Tag: investment

Saudi Arabia overdrive to buy tennis shows

Saudi Arabia to target tennis tournaments

Saudi Arabia is pushing to purchase two of the most prestigious tournaments in professional tennis, with representatives of the country’s investment funds making recent pitches to take over events in Miami or Madrid, according to four people with knowledge of the discussions. ‘The Athletic’... » Read more

Ares $500mn capital injection to Chelsea F.C.

Chelsea FC stadium update September 2023

The Premier League team Chelsea F.C. (UK) has raised about $500mn in fresh investment from the global alternative investment manager Ares Management as the Premier League side’s US owners look for ways to fund expensive stadium improvements and build stakes in more football clubs. ‘FINANCIAL... » Read more

777 Partners loan to in-dire-straits Everton

Great response on Everton new football experience

The Premier League team Everton F.C. (UK) have received a sizable loan from its prospective new owners the American investment firm 777 Partners. ‘The Athletic’ stated that it was announced recently that the American investment firm has an agreement to buy the club from Farhad Moshiri subject... » Read more

Josh Harris plans to ‘energize’ FedEx Field

FedEx Filed renovation announced

The Josh Harris (Principal Owner of the Commanders) era will begin for the National Football League (NFL) team Washington Commanders with $40 million in renovations and upgrades to their residence – the FedEx Field in Maryland (US). ‘Bleacher Report’ stated that the Commanders announced... » Read more

Miami firm picks up major Hertha Berlin stake

777 Partners takes majority stake in Hertha BSC

Miami (US)-based investment group 777 Partners has completed its 64.7 percent majority stake takeover of the Bundesliga club Hertha Berlin (Germany). ‘The Washington Post’ stated that the German soccer club said on March 11th that 777 had acquired the company shares previously owned by Lars... » Read more

OnePlan strategic investment leg-up to venues

Six Million USD capital investment into OnePlan

OnePlan, the world’s leading live event site and venue planning platform, announced on March 2nd it has raised $6M in a new strategic investment led by the Elysian Park Ventures and Verance Capital (US). ‘OnePlan’ stated that the strategic relationship and investment will accelerate... » Read more

Bill Foley in talks to buy A.F.C. Bournemouth

AFC Bournemouth up for sale

A group led by American billionaire Bill Foley is in talks to buy the Premier League club A.F.C. Bournemouth (UK). ‘The Sun’ stated that several investment groups have expressed an interest in purchasing ‘The Cherries’ since Montminy & Co – a boutique investment bank based in... » Read more