Invest in Sports Event to Include Fenway Sports Group Insights
At Invest in Sports, a Nov. 4 live event from Sportico, Fenway Sports Group’s Sam Kennedy and Theo Epstein will break down their approach to deal-making across teams…
Owners
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Friedkin Forms Pursuit Sports to House Soccer Clubs, Hunt Big 4 Team
Billionaire Everton FC and AS Roma owner Dan Friedkin has formed a new sports-team group, Pursuit Sports, to manage his soccer teams while actively hunting for a…
Jets Owner Woody Johnson Buying John Textor’s Crystal Palace Stake
New York Jets owner Woody Johnson has signed a deal to purchase 43% of soccer club Crystal Palace from John Textor, the club announced on its website…
Muse Capital Chief Talks ‘Low End’ SailGP Italy Price, Growth Plans
The sale of SailGP’s Italy team for the “low end” price of $45 million is a testament to what the woman-led investment firm of Muse Capital can bring to the upstart…
Caz Sees a Private Equity Angle for Smaller Investors in Team Sales
Caz Investments, one of the world’s larger asset allocators into private equity funds, inked a deal Tuesday with a fintech platform, iCapital Marketplace, to streamline…
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Sports Owners Should Pressure Trump on Tariffs, Ken Griffin Says
Billionaire hedge fund manager Ken Griffin says sports team owners should band together to appeal to President Donald Trump to change the new blanket tariff…
Drake vs. DeRozan: Kings Owner Dons ‘Not Like Us’ Shirt
Sacramento Kings owner Vivek Ranadivé made it clear where he stands on the ongoing hip-hop feud between Drake and Kendrick Lamar. The 67-year-old billionaire donned…
Pickleball Team Owner Flips Medical Device Fortune to Sports Investing
Ron Saslow wasn’t necessarily looking to change careers. But when he finally listened to one of the many unbidden offers for his medical device business five years ago…
Forest Road, Ares Billionaire Co-Founders Buy Formula E Team
Two billionaire co-founders of Ares Management and asset manager Forest Road have purchased the ERT Formula E team, which has been rechristened Kiro Race Co. ahead of…
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…
Exclusive
Michael Andretti to Exit Ownership of Andretti Global
Michael Andretti is relinquishing his ownership stake in Andretti Global, the motorsports company he has helmed since 2002, according to three people with knowledge of…
Ackman’s Pershing Reports 38% Stake in Oakland A’s Las Vegas Team
Billionaire fund manager Bill Ackman reported Thursday that his company, Pershing Square Capital Management, has a 38% equity stake in Seaport Entertainment, owner of…
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