#sports-investment

#sports-investment

Cardinale's RedBird owns a plot of land in Milan and is looking to build a world-class basketball venue there, according to sources briefed on the situation. Cardinale's firm is also building a new soccer stadium there and is otherwise heavily invested in the Milan community.

Sir Alex Ferguson has a long-standing passion for horse racing and owns a stake in multiple horses. His horse Maestro Conti will run in the JCB Triumph Hurdle at 1:20pm at Cheltenham on Friday, currently priced at 13/2. Ferguson has already had three horses from his stable in action at the Cheltenham festival this week, with L'Eau du Sud placing third on Wednesday and Regent's Stroll matching that result on Thursday.

Staveley and Ghodoussi were part of the Saudi takeover of Newcastle United back in 2021, but the husband and wife pairing left St James' Park in 2024 in search of new opportunities. That has led them to put their eyes on Tottenham, and it's understood that the businessman has the £3bn+ funding in place to complete a deal to buy the struggling Premier League side.

It has been a longtime ambition of mine to contribute to football, beyond the pitch. UD Almeria is a Spanish club with strong foundations and clear potential for growth. I look forward to working alongside the leadership team to support the club's next phase of growth.

It is known as the sport of the sheikhs, with thousands of fans packing desert tracks to watch robot jockeys compete for huge prizes. Now professional camel racing has a new high-profile investor: Paul Pogba. The Monaco midfielder said he had become a shareholder in the Saudi Arabia-based Al Haboob, the world's first professional camel racing team competing across the United Arab Emirates and the Gulf, because he wanted to elevate the sport on to a global stage.

There's no question that women's basketball is growing nicely, a development that we should all cheer: this year's WNBA season was the most watched ever. But it is testing credulity to suggest that the sport is growing at anything like the same speed as AI, which since 2022 has gone from the technological margins to the very center of the US economy: by some reports, AI spending accounted for half of the growth in US GDP in the first half of this year.

The Los Angeles Lakers are one of the most iconic franchises in all of sports, defined by a history of excellence and the relentless pursuit of greatness. Few teams carry the legacy and global influence of the Lakers, and it's a privilege to work alongside Jeanie Buss as we maintain that excellence and set the standard for success in this new era, both on and off the court.

The landscape of English football is changing and it could be more seismic than you think. The home of Manchester United, Arsenal, Liverpool and even Sheffield United and Millwall has become the location of the most sought-after sporting real estate in the world and American owners are at the forefront of the land grab. When Malcolm Glazer completed a £790 million ($1.06 billion) takeover of Manchester United in May 2005, the New York billionaire became the first American owner in the Premier League.

Gareth Bale is leading an investment group aiming to take over Cardiff City, though the ownership has not received definitive proposals for consideration.

Pyramids claimed their first African Champions League title on home soil, defeating Mamelodi Sundowns 2-1 to secure a 3-2 aggregate victory in the tournament.

Mohegan remains committed to the team's continued success which includes looking at all strategic options in the best interest of the CT Sun, MTGA and WNBA.

Luka Modric's investment in Swansea City reflects his desire to support the club's growth and ambition while still pursuing his playing career.