stake

ESPN reportedly selling equity stake for RedZone and other NFL properties

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ESPN is reportedly seeking investors for an equity stake in RedZone and other NFL properties ESPN has reached a deal with the NFL to purchase RedZone, NFL Network, and other league holdings. In exchange, the NFL will receive equity in ESPN potentially worth billions. The deal will also give ESPN access to more regular-season games, … Read more

Eli passes on Giants stake: ‘Too expensive for me’

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Eli declines Giants ownership stake, citing high cost Former New York Giants quarterback Eli Manning has decided not to buy a minority ownership stake in the team due to the high cost, estimated to be around $10 billion. Manning cited the expense, potential conflicts with his broadcasting career, and the fact that the numbers involved … Read more

Group led by San Francisco 49ers ownership buys majority stake of Glasgow’s Rangers

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San Francisco 49ers’ ownership group acquires majority stake in Glasgow’s Rangers football club Scottish soccer club Rangers has been purchased by a U.S.-based consortium led by Andrew Cavenagh and 49ers Enterprises, the investment arm of the San Francisco 49ers. The consortium bought a majority ownership stake of 51%, with plans to invest £20 million right … Read more