Owners Club Newsletter - October 30th
Silver Lake looking to take Endeavor private as investment into PGA falls apart, a flurry of athletes take stakes in prominent sports clubs, Jim Ratcliffe secures 25% of Man U
Owners Club is FanClub Sports Capital’s newsletter and investment community. Every other week we breakdown the recent news in sports investment, M&A, and technology
Join the FanClub Community
FanClub is a sports syndication platform that provides out-of-the-box tools to connect the top General Partners (GPs) & Investment Managers in pro sports with a community of the world's most prestigious private investors seeking sports as the next frontier in alternative asset investing
FanClub Quick Links
1. How do I Start a Syndicate on FanClub? Apply to Start a Syndicate on FanClub
2. Invest on FanClub FAQ. Apply to Invest on FanClub
3. Follow us on social media
News & Highlights:
Endeavor Shares Soar on Talk of Silver Lake Bid to Go Private
Cleveland Browns Superstar Myles Garrett Buys Into Cavaliers
Perth Glory confirm Primeland Group-led consortium as new owner
War in Israel Will Likely Slow Sovereign Wealth Sports Deals
Travis Kelce, Anthony Joshua and Rory McIlroy among latest Alpine F1 investors
Reports: Jim Ratcliffe closes in on 25% stake in Manchester United
TLDR? Follow our Instagram & Twitter Pages at @fanclubsports & @fanclubsportshq
Don’t have time for a morning newsletter? No worries, FanClub has you covered. FanClub condenses the Owner’s Box Newsletter into a series of short Instagram & Twitter posts so you can catch all the highlights, even if you miss the game.
Instagram | Twitter | TikTok | Apple Podcasts | Spotify
Recent Sports M&A News and Developments
Endeavor, PGA Tour Investment Talks Fall Apart - Sportico - October 27th
Endeavor Shares Soar on Talk of Silver Lake Bid to Go Private - Sportico - October 25th
Cleveland Browns Superstar Myles Garrett Buys Into Cavaliers - Front Office Sports - October 25th
Myles Garrett continues to expand his sports ownership portfolio even as he dominates against National Football League offensive lines.
The Cleveland Browns defensive superstar has agreed to a deal to become a minority owner of the NBA’s Cleveland Cavaliers. As part of the agreement, Garrett will become an official brand ambassador for the Cavs.
Steph Curry, Marc Lasry Buy San Francisco TGL Franchise - Sportico - October 19th
TGL, the team golf league developed by Tiger Woods and Rory McIlroy’s TMRW Sports in partnership with the PGA Tour, announced Marc Lasry’s Avenue Sports Fund and Stephen Curry have acquired the rights to the league’s San Francisco franchise. Additional investors include NBA stars Andre Iguodala and Klay Thompson.
War in Israel Will Likely Slow Sovereign Wealth Sports Deals - Sportico - October 18th
Middle Eastern governments have spent the last few years investing heavily in global sports, from soccer and boxing to the NBA and NHL. The war in Israel threatens to upend much of that momentum.
Travis Kelce, Anthony Joshua and Rory McIlroy among latest Alpine F1 investors - Sports Pro Media - October 17th
The Alpine Formula One team have announced more investors from a range of sports including golfer Rory McIlroy, heavyweight boxer Anthony Joshua as well as footballers Trent Alexander-Arnold and Juan Mata.
Kansas City Chiefs players Patrick Mahomes and Travis Kelce are also part of the €200 million (US$212 million) strategic investment led by consortium Otro Capital in the French team, which is backed by parent company Renault.
Reports: Jim Ratcliffe closes in on 25% stake in Manchester United - Sports Pro Media - October 16th
Ineos founder Jim Ratcliffe is reportedly awaiting approval from Manchester United’s board for his offer to buy a 25 per cent stake in the club for up to UK£1.3 billion (US$1.58 billion).
The deal would see Ineos assume control of the club’s sporting operations, with it representing the first possible step of an eventual phased takeover for complete ownership of the English soccer giants. According to Reuters, the bid would allow members of the Glazer family, as well as other minority shareholders, to partially cash out.
DISCLAIMER
Investment Advisory Services, investment opportunities, and marketplace are offered through FanClub Sports Management LLC, a registered investment adviser.
The information contained herein is provided for informational and discussion purposes only and is not intended to be a recommendation for any investment, service, product, or other advice of any kind, and shall not constitute or imply an offer of any kind. Any investment opportunities and/or products or services shown here will only be completed pursuant to formal offering materials, a letter of intent, and/or any other agreements as determined by FanClub containing full details regarding risks, minimum investment, fees, and expenses of such transaction. The terms of any product, service, or particular investment opportunity, including size, costs, and other characteristics, are set forth in the applicable constituent documents for such product, service or particular investment opportunity and may differ materially from those presented in this presentation. Such terms are subject to change without notice.
Quotes included in these materials related to FanClub's services should not be construed in any way as an endorsement of FanClub's advice, analysis, or other service rendered to its clients.
Stay tuned for the latest FanClub deals and sports updates!