Topic
sports-investment
4 stories related to this topic, newest first.
Bloombergsports45 days ago
Venezia FC Secures New Investment as It Prepares to Return to Serie A
Canadian rapper Drake, who co-owns Italian football club Venezia FC, assisted the club in obtaining fresh capital. Venezia FC is preparing to compete in Italy’s top tier after securing the investments. The development marks a significant step for the club Drake has backed financi…
Japan Timesworld50 days ago
Saudi Arabia Ends Funding for LIV Golf After Five Seasons and Over $5 Billion Invested
Saudi Arabia has ended its involvement with LIV Golf, the oil-funded tour that operated for five seasons. The exit, confirmed on Thursday, follows investments exceeding $5 billion and aims achieved in elevating the kingdom's global profile. Experts indicate this does not signal a…
MarketWatchfinance51 days agoUpdated
Pickleball Inc. Raises $225 Million From Apollo Sports Capital and Dundon Capital Partners
Pickleball Inc., owner of Major League Pickleball and the PPA Tour, secured $225 million in new investment, bringing its total to $315 million and valuing the company at $750 million. The deal includes acquisitions of Pickleball Central, PickleballTournaments.com, and Just Courts…
MA
Semaforworld58 days ago
Saudi Wealth Fund Unit in Talks for Joint Venture with US Firms on Arenas
A unit of Saudi Arabia's Public Investment Fund is negotiating a partnership with two US companies to manage stadiums and promote events in the kingdom. The deal involves Oak View Group and Live Nation, with an announcement possible next month. This aligns with Saudi Arabia's pla…