Investments

KOCHI: The inaugural season of Super League Kerala, which kicks off in September, was officially announced here Sunday. 

At the KSL press meet, the six franchises in the league were introduced as Kochi Pipers FC, Calicut FC, Thrissur Roar FC, Kannur Squad FC, Thiruvananthapuram Kombans FC, and Malappuram FC. 

Each team represents a distinct region within the state. 

Oct 04, 2023 15:10
Cricket superstar Virat Kohli is the newest celebrity team owner to join the UIM E1 World Championship, the world’s first all-electric raceboat series. Virat and sports tech entrepreneur Adi K Mishra were Tuesday announced as principals at the helm of The Blue Rising Team. The Indian batsman joins the likes of Rafael Nadal, Tom Brady, Didier Drogba and Sergio Perez as an E1 team owner.
Oct 03, 2023 20:10
NEW YORK: Front Office Sports (FOS), the leading multi-platform media and news organization covering the business of sports, Monday announced a strategic minority investment from RedBird IMI, a joint venture between RedBird Capital Partners and International Media Investments focused on building high-growth companies in media, entertainment and sports.
Sep 27, 2023 17:09
NEW DELHI: In yet another venture into the sporting world, SG Sports, led by APL Apollo, has acquired ‘Bengaluru Spartans’, one of the eight teams that will be participating in the upcoming Tennis Premier League (TPL) 2023.  With the ownership of this team with SG Sports Ventures now, it has been renamed as ‘Bengaluru SG Mavericks’ with ace tennis player Sania Mirza as its brand ambassador. 
Sep 18, 2023 19:09
Everton has been sold to 777 Partners, with the US private equity firm buying out Farhad Moshiri's 94.1% stake in the struggling Premier League club in a deal reportedly worth more than £550 million ($685m). The Miami-based investment fund declared on Friday it had signed an agreement with the British-Iranian billionaire to acquire his stake in Everton. 
Sep 18, 2023 19:09
Former Indian cricket team captain Sourav Ganguly, who announced plans to establish an integrated steel plant with his friend at Salboni in West Bengal’s Paschim Medinipur, will execute the project with the assistance of Captain Steel, a senior official confirmed to PTI.
Sep 15, 2023 20:09
Renowned Telugu film star Akkineni Naga Chaitanya has recently acquired ownership of a motorsport racing team - Hyderabad Blackbirds (HBB).  The team, which has made its mark in the Indian Racing League, is set to participate in the inaugural season of the Formula 4 Indian Championship. This new venture is organized and promoted by Racing Promotions Private Limited (RPPL).
Sep 14, 2023 20:09
Sportswear and athleisure company Agilitas Sports, which is co-founded by former Puma India MD Abhishek Ganguly, has fully acquired Mochiko Shoes Pvt Ltd, one of India’s largest sports footwear manufacturers, for an undisclosed sum.  Mochiko Shoes makes licensed products for leading brands including adidas, Puma, New Balance, Skechers, Reebok, Asics, Crocs, Decathlon, Clarks and US Polo.
Sep 12, 2023 18:09
BEVERLY HILLS, Calif.: Endeavor Group Holdings, Inc. and World Wrestling Entertainment, Inc. Tuesday announced the close of their previously announced agreement and the launch of TKO Group Holdings, Inc. 
Sep 07, 2023 20:09
Nazara Technologies stated Thursday that it has received board approval to raise Rs 410 crore from SBI Mutual Fund, the largest asset management company in India, through equity share issuance. This move comes as the diversified gaming and sports media company looks to build a warchest for potential acquisitions to grow its existing businesses.
Sep 07, 2023 18:09
Indian Premier League (IPL) franchise Rajasthan Royals have reportedly tabled a bid for English county Yorkshire. The bid for the troubled club is said to be £25 million ($31m), £10m more than the £15m the club need to raise to pay off what’s owed to ex-chair Colin Graves, UK's Daily Mail reports. The offer, according to the Mail, will be put to the board this month.