Wrexham and Atletico Madrid owner Apollo nears Yankees stake in $12bn deal Sport Business Apollo Sports Capital is expanding its portfolio by adding a minority stake in the New York Yankees to its investments in Atletico Madrid and Wrexham AFC. The deal, which is reported to be close to completion, would also give Apollo an interest in AC Milan, New York City FC and media and hospitality businesses. Apollo [...]
Who are the Savannah Bananas baseball team and what is Banana Ball? Sport Business Banana Ball, headed up by the Savannah Bananas, has changed the way fans consume sport in the United States. Is the model of the biggest sports team you’ve never heard of an example for the rest of us? Very few things in sport are completely original these days; organisations, entrepreneurs and billionaires often take inspiration [...]
Why KKR-Arctos is not just about private equity getting bigger Sport Business The announcement that US giant KKR has acquired Arctos Partners for a reported $1.4bn (£1bn) is a significant moment in both the sports investment and private equity worlds. At first glance, the deal looks like a straightforward bet by KKR on the growing institutional appetite for sports assets. However, look closer and it says something [...]
Lincoln City owner Ron Fowler: ‘Wrexham is a one-off but shows what can be done’ January 26, 2026 US money pouring into English football is no new phenomenon, but for an illustration of the appetite among American investors for a slice of our national game you can’t do much better than Lincoln City. A club that plays in a 130-year-old stadium and has bounced in and out of the English Football League is [...]
MLB London Series still has future despite cancellation, insists City Hall September 22, 2025 Major League Baseball still has a future in the capital despite next year’s scheduled MLB London Series being called off, insists City Hall. The New York Yankees were due to play a pair of games against the Toronto Blue Jays next June in what would have been the first MLB match in London since 2024. [...]
NBA breaks rank with NFL and joins X and Truth Social alternative Bluesky February 18, 2025 The NBA has broken ranks with the NFL and established an official presence on Bluesky, the rival social media platform to X. The world’s biggest basketball league launched its account over the last week, though it did not post during its All-Star Weekend. The NBA and some of its teams join Major League Baseball in [...]
Biggest contract in sport history tempts baseball star to join city rivals December 9, 2024 Major League Baseball star Juan Soto has agreed sport’s biggest ever contract, worth $765m (£599m), to join the New York Mets. The Dominican’s 15-year deal eclipses Shohei Ohtani’s $700m contract with the LA Dodgers, signed last year, although that is worth more per season. Soto, a free agent after leaving the New York Yankees, is [...]
Boost for Boehly at last: Is Chelsea chairman’s luck turning? October 31, 2024 Things are looking up for Todd Boehly: while Chelsea are enjoying their best run of form since he became chairman, another of his sports teams, the LA Dodgers, have just won baseball’s World Series. The Dodgers secured their eighth title on Wednesday night when they clinched a 4-1 series win over the New York Yankees [...]
Watch London Stadium transform into MLB pitch June 8, 2024 West Ham United’s Olympic Stadium has undergone a Stateside makeover for this weekend’s MLB showpiece. National League East teams the Philadelphia Phillies and the New York Mets will face off in a two-game series this weekend at the former Olympic Stadium. Nearly 150,000 square feet of synthetic turf has been installed in Stratford with West Ham [...]