Reading in takeover talks with mystery bidder after Platek walks away Sport Business Financially stricken Reading are in takeover talks with a new prospective buyer after American businessman Robert Platek walked away from a deal for the League One club. Platek, co-head of global credit at BDT and MSD Partners, entered into a period of exclusive negotiations with current owner Dai Yongge but that has now elapsed. The [...]
TNT Sports leads UK TV deal race for Michael Johnson’s Grand Slam Track Sport Business TNT Sports is set to bid for UK TV rights for Michael Johnson’s new Grand Slam Track league, which begins in Kingston, Jamaica next month. The four-time Olympic champion has signed 48 international athletes, including Team GB Olympic silver medalists Josh Kerr and Matthew Hudson-Smith, and sprinter Daryll Neita, for the inaugural season of Grand [...]
Ahead of the Game: Rangers’ US takeover could hinge on EFL talks Sport Business Rangers’ takeover by US investors could depend on talks between EFL clubs about loosening regulations which prevent the dual ownership of clubs in different competitions – including the Premier League and Scottish Premier League – at their divisional meetings this week. No vote will take place as the issue is not a formal agenda item, [...]