Finance
CVC Capital Partners looks to investors to repay Global Sports Group debt
CVC Capital Partners is “looking to raise” $3.2B of debt against its sports franchise Global Sports Group, according to Ruckin and Brown of BLOOMBERG NEWS. Sources said that Global Sports Group is “in talks with institutional investors on the private debt, which is structured to be repaid in five, 1...
Athlete marketing platform Faves launches with $3M in funding
Athlete marketing platform Faves recently debuted with $3 million in funding from CMT Digital and Collider Ventures.
885 Capital ups PFL investment with an eye on direct relationships with sports fans
On Wednesday, Professional Fighters League founder Donn Davis abruptly revealed on LinkedIn that he’s stepping down as chairman of the challenger MMA promotion. The revelation came alongside an announcement that the PFL raised a new strategic investment to “retire existing debt and fund ongoing grow...
GPS DataViz rebrands as Whistle Performance, raises $2M seed round
GPS DataViz, a provider of sports performance intelligence software, has rebranded as Whistle Performance and announced a $2M seed round from angel investors.
Private equity can’t buy what college athletics still needs most: Trust
The University of Utah’s $500 million partnership with Otro Capital marks a defining moment for college athletics. For the first time, a university is creating a privately operated, revenue-generating entity in shared partnership with an equity firm, blending institutional oversight with outside cap...
Ammortal adds investment from seven pro athletes including Trout, Freeman, Bregman, Kittle
Seven new pro athletes, headlined by former MLB MVPs Mike Trout and Freddie Freeman, have invested in recovery and longevity technology company Ammortal. They are joined by fellow MLB players Alex Bregman, Matt Chapman and Garrett Stubbs, 49ers TE George Kittle and Olympic ski racer Bode Miller.
Netflix records banner year, projects further growth and doubling of ad revenue in ’26
Amid its planned acquisition of Warner Bros. Discovery, Netflix reported new highs in annual revenue and profit in 2025. The company recorded revenue of $45.2B, up 16% over 2024, and a 28% increase in operating income to $13B. During the final three months of the year, Netflix crossed $12B in quarte...
Vestible to offer fans collegiate, soccer team investment opportunities, starting with Kapfenberger SV
Sports investment platform Vestible has partnered with Kapfenberger SV 1919 to enable fans to invest in a potential future sale of the second-tier Austrian soccer club. The deal is the first in Vestible’s pivot to providing a crowdfunding solution for European soccer teams and collegiate athletic de...
Sports finance world expects greater deal activity and complexity in 2026
Despite getting off to a rocky, tariff-addled start, 2025 proved to be a banner year for dealmaking. It may pale in comparison to the year to come.
WEF report highlights factors that could affect global sport industry
A report published by the World Economic Forum showed that “climate change and individuals’ physical inactivity could reduce the size of the global sports industry” by $1.6T by 2050. The WEF’s “Sports for People and Planet” report is billed as the “first attempt to properly estimate the size of the ...
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It’s exciting for me to think about … getting a television format that in theory could have a lot more bells and whistles than maybe we had at the end of our ESPN deal. I do think there are going to be a lot of things that are excitingly new, whether it’s graphics or music packages.UFC play-by-play voice Jon Anik, on UFC beginning its Paramount Skydance era.
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