Exclusive: Leicester Tigers and DCMS face scrutiny over £6m Covid loan renegotiation Sport Business Leicester Tigers and DCMS are facing questions after they altered the repayment terms of the club’s £6m Covid-19 loan to interest-only until 2028. The change, which only emerged in the Prem Rugby club’s most recent financial accounts, casts further doubt on DCMS’s chances of recouping its £474m lending to sporting and cultural bodies – raising [...]
Kolisi, Villa and Diggins to advise CVC’s £10bn Global Sport Group Sport Business Siya Kolisi, David Villa and Skylar Diggins are to advise CVC Capital Partners’ new £10bn consolidated portfolio, Global Sport Group, which owns stakes in several major leagues. Rugby World Cup-winning South Africa captain Kolisi, former Spain striker Villa and US women’s basketball star Diggins will form an athlete advisory group as part of a partnership [...]
Big 12 chief: College football in London can boost sport amid private equity interest Sport Business The commissioner of the league bringing American college football to Wembley Stadium believes the inaugural 2026 match can boost its profile amid interest from private equity. The Big 12 American football league, a collegiate US conference part of the NCAA, earlier this year reviewed bids from private equity firms for stakes in the competition. RedBird [...]
Six Nations investors CVC Capital Partners in debt plan talks with Ares, reports October 15, 2025 CVC Capital Partners’ recently formed £9bn sport fund juggernaut is in talks with Ares Management about a mega debt deal. The Global Sport Group – which includes investments such as LaLiga, Premiership Rugby and the Six Nations – is reportedly in talks with a number of firms including US-based Ares Management over a multi-billion dollar [...]
CVC Capital Partners launch $14bn Global Sport Group September 11, 2025 Six Nations investors CVC Capital Partners have formed a $14bn Global Sport Group entity which will focus on the growing interest in the sporting sector. Reportedly announced in London this week, the private equity juggernaut – with over $225bn assets under management – will house the firm’s sporting investments and offer opportunities to scale valuations. [...]
NBA Europe set for step forwards as league chiefs near green light September 10, 2025 Today in a New York hotel, the NBA’s executive and representatives of all 30 teams’ ownership will hold the third of their three scheduled annual meetings. On the agenda will be various matters of concern to the world’s biggest basketball league, but the most intriguing item is its plans for the sport in Europe. Subject [...]
Picture exclusive: NBA meets Starmer for encouraging talks at No10 August 1, 2025 NBA chiefs are understood to have been encouraged by a lengthy meeting with Prime Minister Sir Keir Starmer this week in which they discussed plans to launch a European league. Starmer hosted NBA commissioner Adam Silver and deputy commissioner Mark Tatum at No10 Downing Street on Wednesday during an ongoing tour of Europe by the [...]
CVC Capital Partners hire former EE boss to new sports arm June 26, 2025 CVC SportsCo, a new entity created by private equity giants CVC Capital Partners, has been bolstered by the hire of former mobile phone network EE boss Marc Allera. Allera will take a the role central to the firm’s sporting portfolio, which once owned Formula 1. The current CVC Capital Partners portfolio includes stakes in Premiership [...]
WTA Ventures: Queen’s, CVC Capital Partners and an organisation pushing on June 16, 2025 After a successful week of WTA tennis at Queen’s, WTA Ventures chief Marina Storti discusses the state of the sport, its private equity partner CVC Capital Partners and a potential merger with the ATP. When 37-year-old Tatjana Maria upset the odds to win the HSBC Championships in front of 9,000 fans on Sunday, she became [...]
Roc Nation boss exclusive: Rugby chiefs need to get comfortable with change May 14, 2025 The president of Jay-Z’s agency Roc Nation Sports Michael Yormark has said rugby’s stakeholders need to get “comfortable being uncomfortable with change” as the sport looks to commercialise after a turbulent period. Yormark, speaking at the group’s inaugural Champions of Marketing event, told City AM that sometimes sports are “so married to history” that they’re [...]