FOOTBALL INVESTMENT: MORE FLORIDA-BASED INVESTORS ARE BUYING EUROPEAN CLUBS

Florida Financiers From Conway to Frankel Buy Europe Soccer Teams -  Bloomberg

Many of the U.S. investors buying up stakes in football teams worldwide are reportedly based in the same region: Florida.

John Textor’s investment company, Eagle Football LLC bought a 40% stake in Crystal Palace for about $123 million, an 80% stake in RWD Molenbeek, and a 90% stake in Botafogo.

Josh Wander, co-founder of 777 Partners, purchased full ownership of Serie A’s Genoa C.F.C. for $175 million. The group also has a 15% stake in Sevilla FC, valued at $436.5 million.

Pacific Media Group, cofounded by Paul Conway and Chien Lee, has a robust roster, owning pieces of Barnsley FC, Esbjerg fB, AS Nancy, KV Oostende, and FC Thun.

Other teams with American owners include Premier League clubs Manchester United (the Glazers), Arsenal (Kroenke Sports and Entertainment), and Liverpool (Fenway Sports Group).

Additional clubs with American owners or partial owners include Olympique de Marseille (Frank McCourt), Spezia (Robert Platek), Inter Milan (Oaktree Capital), and Atletico (Ares Management Corporation).

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