Breakaway rugby talks not a ‘distraction’ to Rugby World Cup, says chief Sport World Rugby chief executive Alan Gilpin has insisted that talk of a breakaway franchise competition is not a distraction, stating that any investment talk is “fantastic”. Reports have circled of a LIV Golf-style breakaway in rugby union with both private equity and sovereign wealth backers, to various degrees. Details of the supposed competition, which some [...]
Women’s football and NFL: The biggest sports deals of 2024 Sport Business Sport has been full of deals in 2024 with Premier League clubs being taken over, cricket selling stakes in franchise teams and transfers sending sports fans mad. But which were the standout deals of the last 12 months? Founder of SportsInvest Advisory Achille de Rauglaudre takes a look. March: Women’s football on the rise 2024 [...]
Dolphins and Bills private equity deals underline value to NFL In a historic first for the National Football League (NFL), the Buffalo Bills and the Miami Dolphins have become the first teams to shake hands with private equity. These investments follow the update in August to the NFL’s investment and ownership rules allowing private equity minority ownership. Ares Management Corp. is reported to be acquiring [...]
The intersection between the capital markets and the insurance industry December 17, 2024 Insurance is part of the DNA of global capitalism, but due to concerns around complexity and liquidity, the market has historically struggled to attract the capital needed for growth. Aon’s Capital Advisory division works with insurance clients to enhance return on capital by matching risk with capital to make better business decisions. It’s been built [...]
Make UK Equities Great Again December 2, 2024 UK equities are lagging behind international competitors, but Hugh Sergeant is on a mission to turn that around – complete with baseball caps. UK Equities are unloved and have been so for years. The UK market sits at a significant discount to many of its international peers, especially the US, and while everyone seems to [...]
Sovereign Capital plans professional services mega-merger December 1, 2024 Sovereign Capital is set to merge seven of its regional professional services firm into one, according to reports. The private equity firm is planning to combine the regional accountants under the name Affinia, The Sunday Times revealed. Affinia is expected to make around £35m a year in sales cumulatively, and is aiming to double its [...]
Six Nations investors CVC Capital Partners have offices raided November 5, 2024 CVC Capital Partners, whose sport investments include the Six Nations and Premiership Rugby, has reportedly had its offices raided alongside the French football league in Paris. Police searched the office of the private equity firm and the football body on Tuesday as part of a potential corruption investigation, according to reports. Prosecutors are said to [...]
Morgan Motor Company: Sports car maker sinks further into the red October 18, 2024 The firm behind sports car maker Morgan Motor Company saw its pre-tax loss widen by more than £10m during its latest financial year as it was hit with supply chain issues and increased costs. The Worcestershire-headquartered business has reported a pre-tax loss of £25.5m for 2023, after having posted a pre-tax loss of £15.5m for [...]
Tate & Lyle shares soar on Advent private equity takeover rumours October 16, 2024 Shares in ingredients group Tate & Lyle have soared more than 12 per cent today after rumours emerged of a bid for the company from an American private equity group. The FTSE 250 food and beverage company is being targeted by US-based Advent International, according to the Financial Times. While Advent, which is the eighth [...]
Man Utd deal was win-win for Ratcliffe and Glazers, says Raine Group October 16, 2024 Sir Jim Ratcliffe’s £1.25bn investment in Manchester United was a win for both him and majority shareholders the Glazers, insists the bank which brokered the deal. Ineos tycoon Ratcliffe shelled out for a 27.7 per cent stake in the Premier League football club in December and, in return, took over much of the decision-making from [...]