Manchester-based sports technology company Rezzil has raised $10 million in new funding, with the Premier League continuing its backing and footballer Jobe Bellingham joining the investor group as the company prepares to expand across the UK and North America. The round also includes existing investor Simba Investments and new investment from golf coach Phil Kenyon….
As artificial intelligence continues to reshape the global economy, the sports industry is gaining a new status among investors. Sports teams and leagues are no longer viewed simply as prestige assets, but increasingly as strategic investments capable of resisting AI disruption. For billionaires and private equity firms, the attraction now goes beyond competition on the…
Erling Haaland is making moves beyond football, investing in a new global chess competition designed to elevate the sport’s international profile. The Manchester City striker has co-founded the company Chess Mate, which has acquired a significant stake in Norway Chess—the entity behind the newly launched Total Chess World Championship Tour. A $2.7 Million Vision for…
This move marks a “decisive step” toward competing with the American major league model and solidifying its position ahead of the NBA’s potential entry into the European market. The plan seeks not only capital but a profound restructuring of how the tournament is managed and expanded. The Three Pillars of Investment Euroleague has broken down…
Lin Bin, the Vice Chairman of Xiaomi, is acquiring a 1% stake in the holding company that controls the Miami Dolphins, Hard Rock Stadium, the F1 Miami Grand Prix, and a portion of the Miami Open tennis tournament. The $12.5 billion enterprise value sets a new high-water mark for a publicly known minority transaction in…
In 2021, when Ted Segal purchased the Houston Dynamo and Houston Dash for $400 million, the Dash was viewed by many as a rounding error in a Major League Soccer deal. Five years later, the “rounding error” has become a triple-digit million-dollar asset. Segal has officially reactivated the sale process for the Dash, a move…
Global investment manager Ares Management is set to broaden its sports portfolio with the launch of a new vertical vehicle specifically targeting the European market. Following the successful deployment of its U.S.-focused fund in 2025, Ares is now pivoting toward European competitions, clubs, and sports-media enterprises. According to reports from Bloomberg, this new fund will…
