American investors look for advantage in European soccer

American investors look for advantage in European soccer


Liverpool’s Curtis Jones celebrates scoring their side’s second‍ goal of the game during‌ the Premier League match at the King Power Stadium, Leicester. Picture date: Monday May​ 15, 2023.

Tim Goode | Pa Images | Getty Images

For U.S. investors looking to score an investment in ⁢a European soccer club,⁤ some of the focus is shifting toward the clubs ​with lower valuations ​and typically⁣ not in the marquee tier of the sport overseas.

Some investors, particularly in the U.S., are shifting toward a so-called multi-club model, or investing in smaller clubs with lower ‍valuations, as⁣ they try to⁢ take a piece of ⁤the international sports market at smaller deal valuations.

This comes as deep-pocketed investors — from top U.S. private ​equity and venture capital firms to‍ global rivals like sovereign wealth ​funds — have intensified competition.

“In terms of private equity and high net worth individuals, soccer is more of a global sport than almost any U.S. sport,” said Charles Baker, co-chair of law…

2023-10-08 18:00:01
Article from www.cnbc.com
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