Showing results for "RPC"
markets
One Owner, Multiple Teams: Why This Trend Is Roiling World FootballA growing trend in global football is groups of investors buying up not just one but several teams in different leagues or countries. Some 289 teams are now part of multiclub groupings, compared to 242 at the end of last year, according to sports consultancy CIES, also known as Centre International d’Etude du Sport. A recent policy change might open the door to bigger groupings. Proponents of multiclub ownership cheer the long-term benefits of cost synergies, the sharing of talented players andAugust 10, 2023
markets
PSG’s Qatari Owner Buys 22% Stake in Portuguese Soccer ClubQatar Sports Investments, the owner of top French football team Paris Saint-Germain, is buying almost 22% of Portugal’s SC Braga, a move that’s part of the trend toward multi-club ownership or part-ownership by financial vehicles.October 10, 2022
markets
How Hedge Funds Are Speculating on Justice: QuickTakeFor much of history, it’s been illegal to turn other people’s legal claims into investments. That changed in the 1990s, when Australia allowed financiers to fund insolvency cases. Litigation finance is now a multibillion-dollar global industry that’s drawing in private equity funds and big institutional investors on the promise of double-digit returns. Critics say this secretive, largely unregulated practice is tipping the scales of justice by showering money on litigants and turning courtroomsSeptember 15, 2022