Investments

DALLAS, TX: Pickleball, billed as America’s fastest-growing sport, is going after a new frontier - India. The United Pickleball Association (UPA), which was created after a merger between Major League Pickleball and the Professional Pickleball Association in the US last February, and India-based Global Sports have inked a deal to bring the PPA Tour and Major League Pickleball to the country.

As a part of the partnership, the organizations will launch key initiatives to the country, promoting the rapidly-growing sport to a young market. 

Nov 18, 2021 09:11
NEW YORK: The National Basketball Association (NBA) has inked an expansive multi-year partnership agreement with Sportradar Group.  Sportradar becomes the exclusive global provider of NBA, Women’s National Basketball Association (WNBA) and NBA G League data. Significantly, the new, expanded agreement also provides NBA with an equity stake in Sportradar.
Nov 15, 2021 18:11
MUMBAI: Ease of doing business? CVC Capital Partners went in with eyes wide open when they made a winning bid of Rs 5625 crore to acquire the Ahmedabad franchise in the Indian Premier League.
Nov 12, 2021 16:11
MUMBAI: Ashish Bhasin, CEO APAC and India chairman of Dentsu International, has stepped down from the agency. Bhasin said in a statement: "I have had a wonderful 13+ years and have enjoyed leading Dentsu India and Dentsu APAC. I am very pleased to announce that the company has kindly agreed to my request of early retirement.
Nov 11, 2021 22:11
CHARLOTTE, NC: Leaders Group, parent company of Sports Business Journal, has finalized its acquisition of the assets of SportTechie, the leading sports technology content and events company.  SportTechie will be integrated into Sports Business Journal, making the combined entity the leading source of insights and information for sports industry leaders and innovators. 
Nov 11, 2021 19:11
LONDON: Premier League club West Ham United announced Wednesday that Czech billionaire Daniel Křetínský's investment firm 1890s holdings a.s has completed the acquisition of 27% shares of WH Holding Ltd. Financial terms were not disclosed. As part of the agreement, it is intended that Křetínský and his colleague Pavel Horský will become members of the board of directors of WH Holding Ltd.
Nov 10, 2021 18:11
MUMBAI: The Sun TV Network, which owns Indian Premier League franchise SunRisers Hyderabad, informed on Monday that its IPL team contributed revenues worth Rs 175.55 cr in the six month period ending September 30, and Rs 51.63 cr (Rs 516.3m) in the second quarter. 
Nov 02, 2021 11:11
STOCKHOLM: Hygiene and health company Essity has acquired Johnson & Johnson Consumer Inc.'s professional sports tape brands Coach, Elastikon and Zonas, which are established premium products in the US market. 
Oct 28, 2021 19:10
JACKPOT! THAT ABOUT SUMS UP the sentiment that would be running amok as it were among the "Original 8" team owners of the BIGGEST show in world cricket - the Indian Premier League. 
Oct 28, 2021 07:10
MUMBAI: RPSG Group chairman Sanjiv Goenka has defended the mammoth Rs 7090 crore purchase price to secure the Lucknow franchise in the Indian Premier League, the general industry sentiment that his company overbid massively notwithstanding.
Oct 27, 2021 20:10
MUMBAI: This is interesting. A pointer, if any were needed, to the challenges international conglomerates must perforce confront in this market. More so when considering investing in cricket - not just India's national game but also one that in this country is intrinsically intertwined with political power plays.