Why Messi taking 100 per cent stake in UE Cornella matters Sport Business Lionel Messi’s purchase of Spanish fifth-tier side UE Cornella represents a broader trend of players seeing football assets as long-term investment opportunities, top football finance experts have said. The Argentinian, who will be heading to the Fifa World Cup this year looking to defend the title he won in Qatar, will own 100 per cent [...]
Burnley director creates $1.2bn sport investment fund Sport Business Burnley FC director Dave Checketts is fronting up a new $1.2bn (£900m) private equity fund with a wealthy Utah family. Checketts, part-owner of the Clarets, is teaming up with the Eccles family – whose prominent member Spencer is on the Salt Lake organising committee for the 2034 Winter Olympics – to form the Cynosure | [...]
Mercury/13 co-chief: We could partner WSL club within two years Sport Business Mercury/13 co-chief Mario Malavé discusses the women’s football portfolio, where global growth is and which clubs the organisation will buy next. Mercury 13 was a privately funded programme that aimed to ready women for space flight. It was a revolutionary mission in 1960 that, nine years before Neil Armstrong set foot on the moon, put [...]