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Tag: investment

Porto stadium upgrades get €65m boost

Article posted by Coliseum,

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

Article posted by Coliseum,

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

Saudi Arabia overdrive to buy tennis shows

Article posted by Coliseum,

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.

Article posted by Coliseum,

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

Article posted by Coliseum,

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

Article posted by Coliseum,

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

Article posted by Coliseum,

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

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