We continue to observe the growth of professional sports as an asset class, with private capital having transformed team investments in recent years from trophy assets to opportunities for significant growth.
Evolving ownership dynamics in sport are driving that trend, including shifting ownership rules in major U.S. sports leagues to permit private equity (PE) investment, a growing trend for minority investments, and the emergence of multi-team conglomerates to provide efficient scaling opportunities, See more +
We continue to observe the growth of professional sports as an asset class, with private capital having transformed team investments in recent years from trophy assets to opportunities for significant growth.
Evolving ownership dynamics in sport are driving that trend, including shifting ownership rules in major U.S. sports leagues to permit private equity (PE) investment, a growing trend for minority investments, and the emergence of multi-team conglomerates to provide efficient scaling opportunities, revenue stability and asset diversification. PE investors have been attracted by the potential to diversify portfolios with largely uncorrelated sports investments at a time when the industry is experiencing significant growth driven by media rights, international expansion and new revenue models. Sports teams are also unique assets with passionate fan bases that offer intangible value beyond financial returns. See less -
