All articles tagged with #minority stake
New York Jets owner Woody Johnson has acquired a minority stake in Aston Martin's Formula 1 team and will join the outfit's board as vice chairman, citing appreciation for the team's history and Lawrence Stroll's strategic vision.
A Bezos-led consortium (1892 Holdings) will buy roughly one-third of Liverpool FC from Fenway Sports Group for about $7.1 billion, with an option to become majority owner at around $8 billion within the next 12 months. Amit Bhatia becomes vice chairman and joins the club’s expanded board, while Bezos won’t sit on the board; representatives from K5 Global and Elaine Saverin will. The investment aims to support Liverpool’s long-term growth with a global, tech-enabled ownership group.
Liverpool’s owners Fenway Sports Group have agreed to sell a minority stake of roughly 30–33% to a consortium led by Amit Bhatia, including Jeff Bezos via K5 Sports, plus Eduardo Saverin’s family office and Elaine Saverin; FSG maintain majority ownership and day-to-day control, with Bhatia as vice chairman and Elaine Saverin and Bryan Baum joining the club’s board. Bezos will not sit on the board. The investment signals a strategic partnership aimed at long-term value, not immediate funding for transfers, and does not imply a future majority sale.
A Bezos-led consortium is in talks to acquire a 30% stake in Liverpool FC, potentially netting FSG about £1.35bn and valuing the club at roughly £4.5bn. The deal underscores ongoing US investment in the Premier League, but spending and governance impacts remain uncertain, with fans seeking clarity on control and due diligence.
Packers president and CEO Ed Policy reiterated concerns that publicly owned teams like Green Bay cannot raise large sums quickly by selling minority equity, unlike other NFL franchises that can sell 5-10% stakes to access capital. He noted this could affect long-term competitiveness as costs rise and outlined potential fixes, including dissolving Green Bay Packers Inc. and selling assets to an expansion owner, as well as pursuing new revenue streams such as higher season-ticket prices, personal seat licenses, and stadium naming rights.
A consortium led by Amit Bhatia has expressed interest in acquiring a strategic minority stake in Liverpool FC from Fenway Sports Group. The deal is not yet finalised, with reports suggesting a multi-billion valuation and a similar structure to FSG’s 2023 arrangement with Dynasty.
Chiefs tight end Travis Kelce is buying a minority stake in MLB's Cleveland Guardians, citing his baseball roots and saying he plans to observe, learn, and support the team and city, with a playful nod to rival Chiefs quarterback Patrick Mahomes, who owns part of the Royals.
A Silver Lake–led group purchases 25% of the Las Vegas Raiders in a deal valuing the franchise at $9.9 billion, with Tom Brady installed as de facto president of football operations and new minority owners like Egon Durban and Michael Meldman joining the fold; Mark Davis retains 36% control, and a March succession plan could pave the way for Durban to own the team in the future.
The Cleveland Browns are set to vote on selling a 3% stake to Arctos, a private-equity fund that already owns stakes in the Chargers and Bills; valuation hasn't been disclosed, but at a roughly $10 billion Browns value the stake would be about $300 million. The sale would inject cash as Cleveland pursues a new stadium financed with private contributions exceeding $1.755 billion.
Penner Sports Group, run by the Penner family that owns the Denver Broncos, purchased a 40% stake in the Colorado Rockies, becoming the largest minority owner while the Monforts retain majority control. The deal, reportedly around $672 million, will retire debt and fund investments, though it’s unclear whether payroll levels will rise; the Penners will not have daily Rockies duties and will stay focused on the Broncos.
The New England Patriots are selling an 8% minority stake to outside investors in a deal valuing the franchise at over $9 billion, with key investors including billionaire Dean Metropoulus and Sixth Street Partners, pending NFL approval.
Eli Manning has decided not to pursue a minority ownership stake in the New York Giants due to the high cost, despite interest from other former players and investors, citing affordability and potential conflicts with his broadcasting role as reasons for his decision.
Ken Griffin, founder of the $65 billion hedge fund Citadel, expressed openness to selling a minority stake in the firm in the future, as stated in an interview with Bloomberg at the Economic Club of New York.
Jeff Lurie, owner of the Philadelphia Eagles, is considering selling a minority stake in the team, which he bought in 1994 for $185 million and is now valued at $7.5 billion. Lurie is working with investment bank BDT & MSD to find potential buyers but insists there is no path to a controlling interest. The exact percentage for sale is undetermined, and a deal may not materialize. This move is unlikely to affect the team's day-to-day operations, and Lurie has been increasingly involving his son Julian in team operations. The Eagles have not commented on the report.
Philadelphia Eagles owner Jeff Lurie is exploring the sale of a minority stake in the NFL team, potentially valuing the franchise at over $7.5 billion, a record price for an NFL team.