How private equity is changing the global soccer landscape with big investments in clubs and leagues
10 months, 2 weeks ago

How private equity is changing the global soccer landscape with big investments in clubs and leagues

Associated Press  

MADRID — Atletico Madrid is revamping its training facilities. Spanish clubs this week are meeting to showcase and discuss projects funded by their shares of the $2.1 billion that private equity group CVC Capital Partners is investing in the Spanish league. The 2021 deal was the first of its kind in Europe’s top soccer leagues, but CVC has since made a similar investment in the French league and is competing with Blackstone, another private equity firm, for a stake in the media rights of the German league. I wouldn’t be surprised to see more of these deals happening.” NOT FOR EVERYONE Real Madrid and Barcelona rejected the CVC deal saying it made more financial sense for the investors than the clubs. “La Liga’s deal with CVC is a scourge for Spanish football,” Real Madrid president Florentino Pérez told club members in a general assembly last year.

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History of this topic

UEFA details trend and risks of teams in multi-club owner groups in $28BN European soccer industry
10 months, 1 week ago

UEFA details trend and risks of teams in multi-club owner groups in $28BN European soccer industry

Associated Press  

GENEVA — More than 300 soccer clubs were in ownership groups involving multiple teams in a trend driven by American investors that could threaten the integrity of European games, UEFA said on Thursday. Multi-club groups led to an “increased risk of seeing two clubs with the same owner or investor facing each other in the same competition, creating potential integrity …

English clubs’ financial power detailed in UEFA review of $25BN European football economy
10 months, 1 week ago

English clubs’ financial power detailed in UEFA review of $25BN European football economy

The Hindu  

The financial power of English football was detailed in a UEFA report Thursday analyzing the record 24 billion euros economy of top-tier clubs across Europe. English clubs also accounted for 764 million euros of the collective pre-tax losses of 3.2 billion euros by European clubs in 2022. SPONSORS, MERCHANDISE English clubs had almost 2 billion euros of commercial revenue — …

English clubs’ financial power detailed in UEFA review of $25BN European soccer economy
10 months, 1 week ago

English clubs’ financial power detailed in UEFA review of $25BN European soccer economy

Associated Press  

GENEVA — The financial power of English soccer was detailed in a UEFA report Thursday analyzing the record 24 billion euros economy of top-tier clubs across Europe. SPONSORS, MERCHANDISE English clubs had almost 2 billion euros of commercial revenue — including sponsorship, stadium use, merchandise sales, international tours — of the record 7.8 billion euros total across Europe in 2022. …

CVC the only prospective investor for Bundesliga after Blackstone’s interest ends
10 months, 1 week ago

CVC the only prospective investor for Bundesliga after Blackstone’s interest ends

Associated Press  

FRANKFURT, Germany — CVC Capital Partners is the only remaining prospective buyer for a stake in the Bundesliga’s media rights income after competitor Blackstone ended its involvement in the process, the league says. Blackstone’s exit comes as fans step up protests against the league’s plans to sell a share of its income from TV and other media rights. “We confirm …

German soccer league approves plan to sell share of TV rights to investor despite fan protests
1 year ago

German soccer league approves plan to sell share of TV rights to investor despite fan protests

Associated Press  

FRANKFURT, Germany — German soccer clubs voted Monday to approve a plan to sell a share of broadcast revenues to an outside investor, a plan which is bitterly opposed by many fans. The so-called “strategic marketing partnership” would involve selling a share of revenues — German media reports have estimated around 8% over 20 years — to an investment firm. …

German clubs give green light to Bundesliga investment for TV rights stake
1 year ago

German clubs give green light to Bundesliga investment for TV rights stake

New York Times  

The German Football League is primed to sell a stake in its media rights business to an external investor in a potential €1billion deal following approval from clubs. The DFL is proposing to sell an eight per cent share of its TV and marketing rights in a 20-year agreement, in return for a cash injection that it hopes will boost …

Premier League clubs push government over key question surrounding state ownership
1 year, 2 months ago

Premier League clubs push government over key question surrounding state ownership

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Premier League clubs and other senior football figures …

Why has Saudi sovereign fund taken over kingdom’s football clubs?
1 year, 6 months ago

Why has Saudi sovereign fund taken over kingdom’s football clubs?

Al Jazeera  

As more international players join Saudi league, country announces launch of investment and privatisation project in a bid to grow the sport. “Now, they are trying to culturally transform these organisations from being state dependent into being much more purposeful strategic and businesslike organisations.” According to the state-run Saudi Press Agency, the process aims to encourage the sport’s growth by …

Explained: The media rights deal the Bundesliga hopes will boost its competitiveness
1 year, 7 months ago

Explained: The media rights deal the Bundesliga hopes will boost its competitiveness

New York Times  

The Bundesliga are looking for a cash injection. The investment is designed to increase the league’s “international competitiveness,” according to Borussia Dortmund CEO Hans-Joachim Watzke, who also serves on the Bundesliga supervisory board. Forty-five per cent is earmarked for the club’s infrastructure — stadiums, club training centres, academies etc — and the final 15 per cent can be spent at …

New European soccer clubs’ group gives voice to less wealthy
2 years, 5 months ago

New European soccer clubs’ group gives voice to less wealthy

Associated Press  

GENEVA — A new group for European clubs feeling isolated in soccer politics dominated by wealthy rivals was announced Wednesday. The Union of European Clubs is being created after an intense 18 months of debate and decisions on reforming UEFA competitions like the Champions League plus the failed Super League project that rocked the industry. Though the breakaway collapsed within …

UEFA approves new rules to scrutinize soccer club finances
2 years, 8 months ago

UEFA approves new rules to scrutinize soccer club finances

Associated Press  

NYON, Switzerland — UEFA approved new financial monitoring rules for European soccer clubs on Thursday, giving up on “fair play” and lowering expectations it can solve the competitive imbalance in the Champions League. “Competitiveness cannot be addressed simply by financial regulations,” UEFA project leader Andrea Traverso said at a briefing, adding the words “fair play” had been misinterpreted to mean …

French league approves $1.66 billion deal with CVC Capital
2 years, 8 months ago

French league approves $1.66 billion deal with CVC Capital

Associated Press  

PARIS — The French soccer league announced an investment deal Friday with private equity firm CVC Capital Partners as part of a new commercial subsidiary in charge of marketing media rights. The league said its general assembly unanimously approved the creation of the subsidiary and CVC’s commitment to invest 1.5 billion euros. In return for its investment, CVC will hold …

ECA, UEFA Joint Venture Better for European Clubs Than Super League, Says Nasser Al-Khelaifi
2 years, 8 months ago

ECA, UEFA Joint Venture Better for European Clubs Than Super League, Says Nasser Al-Khelaifi

News 18  

European clubs have heightened influence and affluence thanks to the joint venture between UEFA and the European Club Association, ECA chairman Nasser Al-Khelaifi said in an address to its General Assembly in Vienna on Monday. ”For the first time ever, UEFA and ECA have worked jointly to conduct an open and competitive tender to manage the sales process for men’s …

Spanish FA joins clubs' lawsuit against La-Liga private equity deal
2 years, 10 months ago

Spanish FA joins clubs' lawsuit against La-Liga private equity deal

The Hindu  

Spanish football's governing body on Thursday joined three elite clubs in their lawsuit against a 2 billion euro private equity deal agreed by administrators of its top divisions, deepening domestic divisions within the sport. The RFEF said in a statement that, via the lawsuit, it aimed to protect its rights and those of clubs, primarily non-professional ones, and to prevent …

Spanish court admits clubs' legal action over CVC deal
2 years, 10 months ago

Spanish court admits clubs' legal action over CVC deal

The Hindu  

A civil lawsuit against LaLiga filed by Real Madrid, Barcelona and Athletic Bilbao over a 1.994 billion euro private equity deal agreed by the administrators of elite Spanish football has been admitted by a Madrid court, the court said on Monday. All but five of the 42 clubs in the top two divisions signed up in December to the 1.994 …

Spanish league secures $3.2 billion in funds to help clubs
3 years, 4 months ago

Spanish league secures $3.2 billion in funds to help clubs

Associated Press  

MADRID — The Spanish league took a step toward cutting into the Premier League’s global dominance on Wednesday, securing €2.7 billion in funding to boost its clubs’ finances and increase revenue growth over the next few years. The deal unanimously approved by the league’s executive committee should increase the clubs’ spending power and is expected to help Barcelona guarantee a …

LaLiga: Spanish league to sell $3.2 billion stake to private equity fund – Firstpost
3 years, 4 months ago

LaLiga: Spanish league to sell $3.2 billion stake to private equity fund – Firstpost

Firstpost  

The CVC investment has to be approved later Wednesday by the league’s executive committee before it can be put to a general assembly vote of the clubs. Spain’s top football league announced Wednesday it has agreed in principle to sell 10 percent of its business to private equity firm CVC Capital Partners for 2.7 billion euros to help finance long-term …

Private equity is targeting sports. Now fans and players are pushing back
3 years, 7 months ago

Private equity is targeting sports. Now fans and players are pushing back

CNN  

London CNN Business — In New Zealand, rugby isn’t just a sport. It’s been just manic.” Adam Sommerfeld, Certus Capital Managing Partner “It’s been just manic,” Sommerfeld said, noting that in the wake of the pandemic, private equity firms are looking at “very” competitive prices. In a report on the sports industry published by PwC, the consulting firm noted that …

Super League: JPMorgan bets $4.8bn on disrupting football
3 years, 8 months ago

Super League: JPMorgan bets $4.8bn on disrupting football

Al Jazeera  

United States investment bank JP Morgan Chase & Co has agreed to underwrite an initial $4.2bn investment that could swell to $4.8bn to help set up the Super League, sources tell Bloomberg. The U.S. investment bank has agreed to underwrite an initial 3.5-billion-euro investment to help set up the Super League, a figure that will total 4 billion euros after …

European Football Clubs' Head Fears Covid-19 Pandemic Losses of Up To 10 Billion Dollars
3 years, 10 months ago

European Football Clubs' Head Fears Covid-19 Pandemic Losses of Up To 10 Billion Dollars

News 18  

European football teams face losing up to 10 billion dollars due to disruption caused by the coronavirus pandemic, according to the latest forecast of the umbrella organization for clubs on the continent. “When I look at the best information I’ve had so far, were looking at a bottom-line loss for the industry in the region of 6.5 billion to 8.5 …

European clubs’ head fears pandemic losses of up to $10BN
3 years, 10 months ago

European clubs’ head fears pandemic losses of up to $10BN

Associated Press  

European football teams face losing up to $10 billion due to disruption caused by the coronavirus pandemic, according to the latest forecast of the umbrella organization for clubs on the continent. “When I look at the best information I’ve had so far, we’re looking at a bottom-line loss for the industry in the region of €6.5 billion to €8.5 billion …

European football clubs face USD 4.5 billion income drop
4 years, 5 months ago

European football clubs face USD 4.5 billion income drop

The Hindu  

European football clubs expect to lose EUR 4 billion in revenue over the next year because of the coronavirus pandemic, according to a study released on Tuesday by the European Club Association. “The results demonstrate that the financial impact of COVID-19 on European clubs is already a seismic shock,” ECA chief executive Charlie Marshall said. In the 10 leagues researched …

European football clubs face $4.5 billion income drop next year due to COVID-19
4 years, 5 months ago

European football clubs face $4.5 billion income drop next year due to COVID-19

India TV News  

European football clubs expect to lose 4 billion euros in revenue over the next year because of the coronavirus pandemic, according to a study released Tuesday by the European Club Association. “The results demonstrate that the financial impact of COVID-19 on European clubs … is already a seismic shock,” ECA chief executive Charlie Marshall said. In the 10 leagues researched …

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