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Qataris sell minority stake in PSG

Paris Saint-Germain have announced that Arctos Partners and Qatar Sports Investments had reached a historic agreement on a strategic alliance and investment in the French football team.

The investment from Arctos will help PSG expand its business operations and further its strategic real estate goals, which include building the team's stadium and advancing the construction of its world-class training facility in the Poissy neighbourhood of Paris.

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David Bull David Bull

Silver Lake looks to take Endeavor private

Endeavour, the company that owns IMG, World Wrestling Entertainment, and the Ultimate Fighting Championship, has revealed that it is evaluating "strategic alternatives" for its publicly traded stock, with shareholder Silver Lake considering taking the firm private.

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David Bull David Bull

Goldman Sachs establishes new global sports franchise division

Goldman Sachs has created a worldwide sports franchise division as interest in sports club investment grows.

The new entity combines Goldman's sports mergers and acquisitions (M&As) and sports financing operations, which will pitch clients on investing in teams, stadiums, and leagues alongside the firm's asset and wealth management division. The new division will also concentrate on sports media, entertainment, and technological properties.

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David Bull David Bull

Phoenix Suns set for NBA record takeover

Billionaire mortgage financier Mat Ishbia and the Phoenix Suns have reportedly reached an agreement for a $4 billion (£3.29 billion/€3.76 billion) purchase, which would be a record price for an NBA basketball team.

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