NBA Europe: Bids top $1bn as London team proves hottest property – sources Sport Business The NBA and its advisors have received several bids in excess of $1bn for teams in its proposed European league, according to sources close to the process. The US basketball league and its advisors, JP Morgan and the Raine Group, have begun sifting through non-binding offers for the 12 permanent franchises in the new competition [...]
NBA Europe to copy The Hundred sale process as bid deadline arrives Sport Business The NBA will borrow from English cricket’s playbook when its plans to launch a European league in 2027 take another step forward this week. Potential investors including Saudi Arabia’s Public Investment Fund, RedBird Capital and Qatar Sports Investments have until midnight on Tuesday New York time to lodge their bids for one of the 12 [...]
NBA Europe: GBBL boss Marshall Glickman in bid for London franchise Sport Business Marshall Glickman, the US basketball supremo behind the aborted GBBL project, is part of one of the bids for a London franchise in NBA Europe, CityAM understands. Multiple sources said Glickman, formerly an executive in the NBA and acting CEO of EuroLeague, was attached to an offer for the team set to be established [...]
Leading German group backs bid for Telegraph Media Group February 21, 2026 A leading German media group has backed a £500m bid for the Telegraph Media Group, which could rival the deal struck by the owner of the Daily Mail to acquire the UK titles. Axel Springer, which owns brand including Politico and Business Insider, said it would support a consortium of bidders led by Dovid Efune, [...]
Big 12 chief: College football in London can boost sport amid private equity interest October 22, 2025 The commissioner of the league bringing American college football to Wembley Stadium believes the inaugural 2026 match can boost its profile amid interest from private equity. The Big 12 American football league, a collegiate US conference part of the NCAA, earlier this year reviewed bids from private equity firms for stakes in the competition. RedBird [...]