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Elon Musk Is Not Buying Manchester United But The Team Could Still Be For Sale

Benzinga

The world’s richest person created a stir in the sports world when he tweeted that he would be buying one of the most valuable and recognizable soccer teams in the world. NYSE: TWTR ) Tuesday night that he could be buying English Premier League team Manchester United (NYSE: MANU ). What Happened: Tesla Inc.

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Toys for Billionaires: Sports Franchises as Trophy Assets!

Musings on Markets

It followed a decade or more of ever-rising prices for sports franchises around the world, from the Premier League (soccer) in the UK, to the IPL (cricket) and across professional sports in the US. Chelsea Premier League 2022 $5.30 Denver Broncos NFL 2022 $4.70 Phoenix Suns NBA 2023 $4.00 Milwaukee Bucks NBA 2023 $3.50

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Investment Banking in Dubai: The New York of the Middle East?

Brian DeChesare

The most prominent three countries by deal activity are the United Arab Emirates (UAE) itself, Saudi Arabia (KSA), and Egypt: The “Others” category includes countries like Algeria, Jordan, Lebanon, Qatar, Morocco, and Oman. bulge-bracket banks , such as JPM, GS, MS, and Citi, always rank well in the league tables.

Banking 101
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Sports Private Equity: Bright Spot in a Troubled PE Landscape or an Emerging Bubble?

Brian DeChesare

leagues except the NFL now allow PE firms to own minority stakes in teams. For example, many sovereign wealth funds in the Middle East have also gotten involved, as have holding companies and consortiums led by people such as Josh Harris (Apollo co-founder and now a famous sports investor).

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