Owners Box: Club Member Newsletter - November 16th
FSG's Liverpool sale attracts the biggest investors, while a favourite has emerged in the bid for the Senators, and the NBA has launched their own private equity division.
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News & Highlights:
Liverpool Could Launch Bidding War Between Richest Sports Owners
Matthew McConaughey reportedly joins Bezos, Jay-Z Commanders bid
SailGP set to launch fan-owned DAO team in time for next season
Report: San Francisco 49ers consortium set for full takeover of Leeds United
Billionaire Canadiens Minority Owner Reported Favorite to Buy Senators
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Recent Sports M&A News and Developments
Liverpool Could Launch Bidding War Between Richest Sports Owners - Front Office Sports - November 14th, 2022
Fenway Sports Group’s sale of Liverpool FC could spark a bidding war between the world’s two richest sports team owners.
Mukesh Ambani, owner of the Indian Premier League’s Mumbai Indians, is interested in the Premier League club — but he may face opposition from Los Angeles Clippers owner Steve Ballmer, who has recently been linked to Liverpool as well.
Matthew McConaughey reportedly joins Bezos, Jay-Z Commanders bid - Market Watch - November 11th, 2022
Matthew McConaughey is joining the potential ownership group led by Bezos and Jay-Z to buy the NFL team from beleaguered owner Dan Snyder, according to multiple reports.
Snyder could be unwilling to sell to Bezos due to their skirmishes in the past — despite the Amazon founder’s $114.4 billion net worth — so adding McConaughey to the bid could make it more palatable due to his strong ties to the franchise and his experience in the sports world.
SailGP set to launch fan-owned DAO team in time for next season - Sports Pro Media - November 10th, 2022
Based on the Near blockchain, the sailing series hopes the DAO will appeal to fans who want to own either a stake in a team or be able to make meaningful decisions about how it operates on and off the water. The hope is that the new team will make its debut in season four of the competition.
DAOs use smart contracts powered by a set of rules to allow collectives, rather than an individual or a centralised body, to have authority in decision making. The rules, as well as any actions taken, are recorded and verified with blockchain technology, in theory providing a high degree of visibility.
Report: San Francisco 49ers consortium set for full takeover of Leeds United - Sports Pro Media - November 10th, 2022
Leeds United could be set for a full takeover by the 49ers Enterprises investment group, a consortium tied to the National Football League’s (NFL) San Francisco 49ers, according to The Times.
49ers Enterprises bought an initial 15 per cent equity stake in the English top-flight soccer club back in 2018 for a reported sum of UK£10 million (US$13.3 million). It then has gradually increased its stake in the team, which now sits at 44 per cent.
Billionaire Canadiens Minority Owner Reported Favorite to Buy Senators - Front Office Sports - November 10th, 2022
Billionaire Michael Andlauer has reportedly emerged as the frontrunner to purchase the Senators after the team was placed on the market last week by the two daughters of late former team owner Eugene Melnyk — who bought the Senators for $92 million in 2003.
Earlier this month, the Melnyk family reportedly hired financial services firm Galatioto Sports Partners to facilitate a sale. Galatioto is also involved in the sale of MLB’s Los Angeles Angels.
Conor McGregor has declared an interest in buying Liverpool - Caught Offside - November 8th, 2022
News recently emerged that FSG were looking to sell Liverpool Football Club, with The Athletic reporting that a full sale presentation has been prepared for interested parties.
It’s an interesting situation for Liverpool fans, as many have been calling for FSG to sell the club, but bringing in owners with the right morals will be important. Now, UFC fighter McGregor has taken to Twitter to confirm that he’s interested in buying Liverpool Football Club, as seen below.
NBA eyes more investments with new private equity division - Sports Pro Media - November 7th, 2022
The National Basketball Association (NBA) has created a new private equity division as it seeks to expand its role as a strategic investor in sport startups.
Bloomberg says the league is keen to move away from passive, opportunistic investments in favour of a more formal operation that will look to not only grow the value of its portfolio but identify innovations that can improve the sport.
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This newsletter is confidential and may not be distributed, transmitted or otherwise communicated to others, in whole or in part, without the express consent of FanClub Sports Capital Inc.
This newsletter does not constitute an offer to sell, or the solicitation of an offer to buy, any security, product or service, including interests in the fund.
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