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City Am

Latest business and finance news from the UK and rest of the World - including breaking economic & political news, comment & analysis from City A.M.

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News

City AM
cityam.com > liverpool-in-record-300m-deal-as-turkish-airlines-replaces-standard-chartered

Liverpool in record £300m deal as Turkish Airlines replaces Standard Chartered

4+ day, 16+ hour ago   (381+ words) Liverpool will replace Standard Chartered as their front-of-shirt partner next season after agreeing a record £300m deal with Turkish Airlines. The flagbearer, already a sponsor of the Uefa Champions League, will pay £60m per season as part of a five-year deal beginning…...

City AM
cityam.com > football-multi-club-ownership-firm-seeks-london-stock-exchange-bond-issue

Football multi-club ownership firm seeks London Stock Exchange bond issue

4+ day, 20+ hour ago   (425+ words) An ambitious London-based firm looking to create a football multi-club network and sell bonds on the London Stock Exchange has smashed its first fundraising goal. The Football Factory raised over £100,000 at an £8m pre-money valuation this week ahead of a Series…...

City AM
cityam.com > why-liverpool-deal-proves-demand-for-premier-league-stakes-is-soaring

Why Liverpool deal proves demand for Premier League stakes is soaring

2+ week, 6+ day ago   (188+ words) Office Managing Partner - Latham & Watkins There is strong demand for English football stakes, writes Ed Barnett of Latham & Watkins, which advised the Amit Bhatia-led consortium on its acquisition of a minority stake in Liverpool. The recent sale of a stake…...

City AM
cityam.com > liverpool-and-la-lakers-deals-set-new-bar-for-sport-investment

Liverpool and Lakers deals set new bar for sport investment

3+ week, 1+ day ago   (385+ words) senior partner - Arthur D. Little In one week Fenway Sports Group (FSG) sold 38 per cent of Liverpool to a consortium led by Amit Bhatia that also includes Jeff Bezos and Eduardo Saverin at a £5.5bn valuation, and former Disney chief Bob Iger…...

City AM
cityam.com > is-5bn-now-the-entry-ticket-into-premier-league-football

Is £5bn now the entry ticket into Premier League football?

3+ week, 2+ day ago   (691+ words) It may have taken 34 years but the Premier League has at last clawed its way into the financial big time. The reported £5.5bn valuation placed on Liverpool FC by a consortium of new investors that includes Amazon’s founder Jeff Bezos – aka…...

City AM
cityam.com > analysis-what-would-todd-boehly-and-mark-walter-stake-sales-mean-for-chelsea

Todd Boehly and Mark Walter to sell stakes in Chelsea?

3+ week, 5+ day ago   (320+ words) Todd Boehly and Mark Walters could cease being co-owners of Premier League club Chelsea after engaging in talks to sell their respective stakes to Clearlake Capital. The move could value the club at £5.5bn just years after a Boehly-fronted consortium purchased…...

City AM
cityam.com > former-crystal-palace-owner-john-textor-scores-temporary-block-of-brazilian-football-club-share-sale

Former Crystal Palace owner John Textor scores temporary block of Brazilian football club share sale

1+ mon, 13+ hour ago   (352+ words) Former Crystal Palace owner John Textor has been granted a temporary injunction from the High Court to block City-based administrators from selling his 90 per cent stake in Brazilian football club SAF Botafogo. The order follows the American business mogul launching…...

City AM
cityam.com > jeff-bezos-closes-in-on-liverpool-fc-stake-as-fsg-sale-deal-nears

Jeff Bezos closes in on Liverpool FC stake as FSG deal nears

1+ mon, 2+ day ago   (352+ words) Amazon tycoon Jeff Bezos is set to buy shares in Liverpool FC as Fenway Sports Group plans a significant minority sale. A consortium featuring Bezos, as well as Facebook co-founder Eduardo Saverin, is led by the son-in-law of steel billionaire…...

City AM
cityam.com > liverpool-fc-eye-us-retail-empire-to-steal-march-on-premier-league-rivals

Liverpool FC eye US retail empire to steal march on Premier League rivals

1+ mon, 1+ week ago   (337+ words) Liverpool FC are in talks to become the first Premier League football team to open a chain physical retail stores in the United States. The 20-time English champions already have 26 bricks-and-mortar stores across the world, including in London, Hong Kong,…...

City AM
cityam.com > potential-bhatia-liverpool-investment-could-value-club-at-6bn

QPR owner Bhatia Liverpool investment could value club at $6bn

1+ mon, 3+ week ago   (314+ words) Liverpool could be valued at more than $6bn amid talks between owners Fenway Sports Group and investors over a minority stake sale. A consortium of investors led by the British-Indian co-owner of Queens Park Rangers Amit Bhatia is reportedly in talks…...