The Vault · 2026-03-25 20:27:06 · Bloomberg Markets
A heavyweight financial consortium led by Blackstone has made a decisive entry into the global sports arena, acquiring the high-profile Indian Premier League franchise Royal Challengers Bengaluru. This transaction marks a significant pivot for private equity, signaling a strategic bet on the commercial and media valuat...
The Vault · 2026-04-16 10:52:41 · Bloomberg Markets
The National Basketball Association is exploring a major financial play for its European ambitions, turning to heavyweight private credit lenders to fuel the move. Apollo Global Management, Ares Management Corp., and Sixth Street Partners are in preliminary talks to provide funding, signaling a high-stakes, alternative...
The Vault · 2026-04-16 18:52:27 · ZeroHedge
LIV Golf CEO Scott O'Neil is forcefully denying swirling reports that the Saudi Arabian Public Investment Fund (PIF) is preparing to sever its financial lifeline to the breakaway golf league. In an overnight email to staff obtained by ESPN, O'Neil insisted the 2026 season will proceed "as planned, uninterrupted and at ...