-
Elon Musk's Father Hints At Son's Interest In Liverpool, But Will Billionaire Bypass Manchester United For LeBron's Team?
Thursday, January 9, 2025 - 5:00pm | 1076Elon Musk, the world's richest man, could buy anything he wants, including professional sports teams. A new report, citing his father, suggests Musk is considering purchasing a soccer team, potentially turning his back on his childhood favorite. What Happened: New comments from Musk's father Errol...
-
Here's How Much Manchester United Stock Could Be Worth In Potential Sale
Wednesday, November 23, 2022 - 3:06pm | 1370English Premier League team Manchester United (NYSE: MANU) is widely recognized as one of the top football — or soccer — teams in the world. The owners could be ready to sell and public shareholders could win big. What Happened: After years of upset fans and calls to sell the team...
-
Real Madrid Defeats Liverpool To Win Champions League: Here's How Much A $100 Bet Paid At Start Of Season
Sunday, May 29, 2022 - 5:13pm | 522One of the most anticipated soccer games of the season took place Saturday with the UEFA Champions League Final. Here is a look at the final and the betting odds for the two teams involved. What Happened: The 2021-22 UEFA Champions League Final took place Saturday, May 28, 2022 in France, pitting...
-
LeBron James Now Owns Part Of The Pittsburgh Penguins
Wednesday, December 1, 2021 - 7:27pm | 843NBA star LeBron James has played for three NBA teams and has had $1 billion in career earnings including salary and endorsements. He can now add another title to his resume: National Hockey League (NHL) team owner. What Happened: A rumored deal between the Pittsburgh Penguins of the NHL...
-
RedBall Acquisition Shares Fall As Boston Red Sox SPAC Deal Looks To Have Failed
Monday, January 25, 2021 - 6:30pm | 305A Billy Beane-backed SPAC has been linked a stake in Fenway Sports Group dating back to August. That deal has now fallen apart. What Happened: Talks between RedBall Acquisition Corp (NYSE: RBAC) and Fenway Sports Group are over, reports Axios. Fenway Sports Group owns the Boston Red Sox, Liverpool...
-
6 Sports SPACs To Consider For Your Investing Playbook
Friday, January 15, 2021 - 6:01pm | 645The SPAC market continues to offer new opportunities for investors to invest based on management teams and target areas of acquisition. Here is a look at six SPACs targeting the sports sector. Acies Acquisition Corp (NASDAQ:ACAC): Run by former MGM Resorts (NYSE: MGM) CEO James Murren, Acies...
-
Boston Red Sox, Liverpool Going Public Via Billy Beane SPAC: WSJ
Saturday, October 10, 2020 - 11:49am | 643A sports SPAC is set to take Fenway Sports Group public in a deal valuing the company at $8 billion, according to The Wall Street Journal. About Fenway Sports Group: Fenway Sports Group is the owner of MLB’s Boston Red Sox and Liverpool Football Club of the English Premier League. Fenway...
-
Billy Beane's Sports SPAC Rumored To Be Seeking Liverpool Stake
Tuesday, August 25, 2020 - 5:39pm | 661Sports manager Billy Beane's analytics-based approach of using low-cost players to get wins became the subject of the bestselling book “Moneyball: The Art of Winning an Unfair Game.” Beane is now co-chairman of RedBall Acquisition Corp. (NYSE: RBAC), a sports-based specialty purpose...
-
Jefferies: Manchester United Has 'Unparalleled Reach' Among Sports Teams
Monday, December 17, 2018 - 5:40pm | 422Manchester United PLC (NYSE: MANU), arguably the world's most recognizable sports franchise, is a long-term winner, according to Jefferies. The Analyst Jefferies analyst Randal Konik re-assumed coverage of Manchester United with a Buy rating and $26 price target. The Thesis After a four-year...
-
Manchester United Seeks $300 Million from IPO
Thursday, July 19, 2012 - 11:01am | 379British soccer franchise Manchester United, the world's most valuable sports club, is said to be seeking $300 million when it goes public in August. Forbes reported this week that Manchester United, currently without a trophy after missing out on the English Premier League title to local rivals...