Barcelona backer Sixth Street invests in NFL’s New England Patriots Sport Business FC Barcelona investor Sixth Street is set to acquire a minority stake in the New England Patriots in a deal that values the NFL franchise at $9bn (£6.7bn). Sixth Street is buying three per cent of the Patriots and Greek-American billionaire Dean Metropoulos five per cent, according to reporting by Sportico. The Patriots’ long-time owners, [...]
New Balance Arena: Atalanta strike stadium naming rights deal Sport Business Italian football club Atalanta have deepened their ties to the US by agreeing a stadium naming rights deal with sportswear brand New Balance. Boston-based New Balance became the Bergamo team’s kit supplier this season and has quickly doubled down by expanding the partnership. Atalanta are owned by US private equity boss and former Chelsea bidder [...]
NBA: Sixth Street backing $6.1bn Chisholm bid for Boston Celtics Sport Business Private equity firm Sixth Street is reportedly part of William Chisholm’s $6.1bn takeover bid of NBA team Boston Celtics, in what would be a North American franchise record. The deal, if successful, would surpass the $6.05bn takeover of the NFL franchise Washington Commanders led by Josh Harris and Mitchell Rales. The Boston Celtics’ current owners, [...]