Latest Deals > Sports Properties
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Puma to purchase Cobra Golf
11 March 2010 | Sports Properties, GolfPuma AG has acquired Cobra Golf from consumer products company Fortune Brands Inc.
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Tampa Bay Lightning sale finally goes through
05 March 2010 | Sports Properties, Ice HockeyThe NHL board of governors has unanimously approved the sale of the Tampa Bay Lightning to Boston-based financier Jeff Vinik.
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Disgraced Guangzhou FC has new owner and new name
Disgraced Chinese soccer club Guangzhou FC has received a timely double boost worth more than US$18 million with the news that it has secured major new investment and a new title sponsor.
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CTS Eventim takes over Ticket Corner
02 March 2010 | Sports Properties, MiscellaneousCTS Eventim, the ticketing agency, has spent some US$60 million to take over Swiss market leader, Ticket Corner.
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Michael Jordan agrees to buy Charlotte Bobcats
01 March 2010 | Sports Properties, BasketballMichael Jordan has spent some US$250 million to take his stake in the Charlotte Bobcats to 70 per cent, giving him a controlling stake in the franchise.
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Rugby Sevens handed double boost
Rugby Sevens has been handed a boost, with Ravensbeck investing in promoter Ultimate Rugby Sevens (UR7s) and Nintendo agreeing to sponsor a UK Sevens competition.
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St Louis closes in on franchise-saving sale
14 February 2010 | Sports Properties, FootballShahid Khan, a Pakistani-born, Illinois-based businessman, has reached an agreement with the St Louis Rams that will see him acquire a 60 per cent stake in the NFL franchise.
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Trew’s Notts County purchase was for a nominal UK£1
14 February 2010 | Sports Properties, SoccerRay Trew, the former chairman of Lincoln City, has paid a nominal UK£1 to take control of Notts County, the oldest professional soccer club in the English league.
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Vinik agrees deal for NHL’s Tampa Bay Lightning
08 February 2010 | Sports Properties, Ice HockeyJeff Vinik, the Boston-based financier and minority owner of Major League Baseball's Boston Red Sox, has agreed a deal that will see him pay around US$170 million to buy the National Hockey League's Tampa Bay Lightning.
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Another new owner arrives at Portsmouth FC - and plans to sell
04 February 2010 | Sports Properties, SoccerPortsmouth FC, the club rooted at the bottom of the English Premier League, are now owned by a fourth different man in less than a year, with Hong Kong businessman Balram Chainrai seizing control.
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Excuses will ring hollow but Liverpool FC won’t benefit from Hicks’ US$500 million windfall
Financial excuses at Anfield will ring increasingly hollow after Tom Hicks, the co-owner of Liverpool FC, secured a personal windfall of around US$500 million from the sale of his Texas Rangers MLB franchise.
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Sullivan finally hammers out ownership deal
19 January 2010 | Sports Properties, SoccerAfter weeks of speculation, former Birmingham City owner David Sullivan has taken commercial and operational control of West Ham United Football Club.
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UFC stake for Arabian events company
12 January 2010 | Sports Properties, MiscellaneousFlash Entertainment, an events company based in the United Arab Emirates, has acquired a ten per cent stake in Zuffa, the Las Vegas based sports promotion company built around the Ultimate Fighting Championship (UFC).
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Powerboat P1 relaunches F4SA as SuperStock Championship
11 January 2010 | Sports Properties, MotorsportPowerboat P1 Management Ltd has relaunched the Honda Formula 4-Stroke Association (F4SA) as the SuperStock Championship.
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Arsenal power battle complicated as Sir Chips Keswick buys more shares
23 December 2009 | Sports Properties, SoccerThe ongoing power struggle between Stan Kroenke and Alisher Usmanov, who have both added to their Arsenal shareholdings in December, has been complicated by Arsenal director Sir Chips Keswick's purchase of more shares in the company.
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Billionaire buys Indian Wells
23 December 2009 | Sports Properties, TennisThe BNP Paribas Open, the tennis tournament held in Indian Wells, California, has been bought by American billionaire Larry Ellison.
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Stan Kroenke moves within £150,000 of Arsenal takeover bid
22 December 2009 | Sports Properties, SoccerStan Kroenke needs to spend just £144,500 more on shares in Arsenal to break the 29.99 per cent limit that would legally oblige him to make an offer for the remaining shares in the Premier League soccer club.
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Ice Edge Holdings to purchase Phoenix Coyotes
16 December 2009 | Sports Properties, Ice HockeyThe Ice Edge Holdings investment group will pay around US$140 million for the Phoenix Coyotes NHL franchise, in a deal that will keep the Coyotes in Arizona for at least the next 26 years.
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Chinese group to buy 15 per cent of Cleveland Cavaliers
16 December 2009 | Sports Properties, BasketballKenny Huang Jianhua and a group of Chinese investors will buy 15 per cent of the Cleveland Cavaliers NBA franchise from a Michigan-based investment firm before the end of the year.
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Lloyds takes significant stake in Manor GP
15 December 2009 | Sports Properties, MotorsportLloyds Banking Group's private equity arm, Lloyds TSB Development Capital, has taken a double-digit million dollar stake in the Manor GP team, which will be on the grid as Virgin Racing in 2010.
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