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Ted Leonsis: 'If we're going to buy a soccer team, it should be D.C. United'
CNBC Television· 2025-10-24 18:30
Business Strategy & Market Focus - The organization initially considered investing in European soccer teams but shifted focus due to concerns about authenticity and value creation [1] - The company identified DC United as a more strategic soccer team investment, aligning with their existing market footprint [2] - The target market spans from Richmond, Virginia to Delaware, encompassing 10 million households with a wealthy and educated demographic [2] - The acquisition of the network was aimed at securing a digital distribution channel for their product, complementing their terrestrial presence and requiring more programming and inventory [3] Competitive Landscape - Competing with outlier owners who are very wealthy poses a significant challenge [4] - The industry may witness real or virtual mergers as a response to the competitive pressure from wealthy owners [4]
X @Forbes
Forbes· 2025-10-15 11:29
How Billionaire Washington Spirit Owner Michele Kang Is Transforming Women’s Soccer https://t.co/aPE77HYJGQ ...
ESE Entertainment Asset Bombee Selected As Exclusive Production Partner for FC Supra, Montreal Soccer Team
Accessnewswire· 2025-10-14 11:30
Core Insights - ESE Entertainment Inc.'s subsidiary, Bombee Global Entertainment Ltd., has been chosen as the exclusive production partner for the launch of FC Supra, a new soccer team in the Canadian Premier League [1][2] Group 1: Partnership and Event Details - The partnership signifies a milestone for Bombee as it expands its support for traditional sports, with the launch event being described as electrifying [2] - FC Supra's president emphasized the importance of local connections and the team's aim to create a new legacy in Quebec soccer [3] - Bombee's involvement in the launch is seen as a significant contribution to the team's history and future projects [4] Group 2: Company Background - Bombee was founded by industry veterans and has played a crucial role in the esports landscape, managing major events like DreamHack [5] - ESE Entertainment Inc. is a global technology company focused on gaming, providing services to video game developers and operating its own esports teams and gaming leagues [6]
Man Utd takeover talks underway with UAE-based consortium (MANU:NYSE)
Seeking Alpha· 2025-10-13 12:11
Core Viewpoint - Senior officials from Manchester United are in discussions with a UAE-based consortium interested in purchasing the club [2] Group 1 - The Glazer family, current owners of Manchester United, are reportedly meeting with the interested consortium [2]
Tether Rejected Twice To Get on Juventus’ Board — Will It Succeed This Time
Yahoo Finance· 2025-10-07 10:02
Core Insights - Tether aims to enhance its influence in Juventus FC by proposing candidates for the board, suggesting governance changes, and participating in a capital raise of up to $129 million [1][2][4] Group 1: Tether's Position and Plans - Tether has increased its stake in Juventus FC to 10.7%, making it the second-largest shareholder after Exor, which holds approximately 65% [3] - The company plans to propose its own candidates for the Juventus FC board during the annual shareholder meeting on November 7 [6] - Tether has been excluded from board decisions and additional funding rounds despite its significant shareholding [4][6] Group 2: Juventus FC's Financial Situation - Juventus FC reported a loss of $58 million for the fiscal year ending June 2025, highlighting its dire financial condition [4][6] - The club is considering a capital increase to address ongoing financial challenges, which Tether aims to be part of [2][4] Group 3: Potential for Change - Under Italian law, shareholders with at least 10% can propose alternative board lists, which could challenge Exor's dominance [5] - Discontent among minority shareholders due to the club's financial struggles may provide Tether with the necessary support for its proposals [5] - Tether's CEO, Paolo Ardoino, is a lifelong Juventus fan and is interested in integrating blockchain technologies to improve fan engagement and financial resilience [7]
Walmart and LALIGA Strike Unique Partnership to Engage Soccer's Growing, Multicultural Fanbase in the U.S.
Prnewswire· 2025-09-25 13:00
Core Insights - Walmart has become the presenting partner of ElClásico in the U.S., marking a historic milestone for both Walmart and LALIGA [3][9] - The partnership aims to enhance the experience of soccer fans in the U.S. through various events and activations [6][9] Company Overview - Walmart is the world's largest retailer, with fiscal year 2025 revenue of $681 billion and approximately 2.1 million associates globally [11] - The company operates over 10,750 stores and numerous eCommerce websites across 19 countries, serving around 270 million customers weekly [11] Industry Context - ElClásico, featuring FC Barcelona and Real Madrid, is a cultural phenomenon with an audience of 650 million viewers across more than 180 countries [4] - The match is scheduled to take place on the weekends of October 25-26, 2025, and May 9-10, 2026, during the 2025/26 LALIGA season [5] Partnership Details - The partnership will include large-scale viewing events, concerts, meet-and-greets with LALIGA Legends, and co-branded merchandise [3][9] - Walmart's involvement in soccer is part of a broader strategy to connect with a rapidly growing fanbase in North America, especially ahead of the 2026 World Cup [6][8] Marketing and Branding - A new visual identity for ElClásico will be introduced, featuring Walmart as the presenting partner, to be used across all match-related properties in the U.S. and Canada [2][3] - Walmart's partnership with LALIGA follows a recent multi-year agreement with Major League Soccer (MLS) and Leagues Cup, emphasizing its commitment to soccer [8]
Walmart teams up with Spain's La Liga, furthering the retailer's investment in soccer
CNBC· 2025-09-25 10:00
Core Insights - Walmart is partnering with La Liga to become the first presenting partner of "El Clásico," enhancing its presence in the soccer market in the U.S. [2][3] - The partnership aims to create engaging experiences for fans, including co-branded merchandise and large-scale events [3][5] - La Liga has a significant audience in the U.S., with the league's games attracting millions of viewers and growing interest ahead of the 2026 World Cup [6][9][10] Group 1: Partnership Details - Walmart will debut a new logo as the presenting partner for El Clásico, which will be used in the U.S. and Canada [3] - The first match of the 2025-26 season is scheduled for October 26, 2025, in Madrid, with a second match on May 10, 2026, in Barcelona [4] - The partnership will kick off with fan events in Houston starting October 24, 2025, featuring viewing parties and concerts [5] Group 2: Market Context - The U.S. is the top market for La Liga outside of Spain, with a growing soccer fanbase [6][10] - ESPN reported that the 2024-2025 La Liga season was its most successful, with 5.4 billion minutes viewed across its platforms [8] - Walmart's previous multi-year deal with MLS indicates a broader strategy to capitalize on the growing soccer market in the U.S. [11]
Manchester United Q3 Preview: Revenue Growth Seen Resilient Despite Poor Form On Soccer Field
Benzinga· 2025-09-16 17:11
Core Viewpoint - Manchester United is expected to report strong commercial and broadcasting revenue in its upcoming fourth-quarter results, attracting investor interest [1][2]. Financial Performance - Analysts estimate fourth-quarter revenue of $225.8 million, a 25.8% increase from $179.4 million in the same quarter last year [1]. - The company is projected to report a loss of 6 cents per share, an improvement from a loss of 20 cents per share in the previous year [2]. - Manchester United has beaten revenue estimates in two consecutive quarters and in eight of the last ten quarters [2]. Revenue Segments - Key revenue segments to watch include broadcasting, commercial, and match day revenue, all of which showed year-over-year growth in the third quarter [3]. - The English Premier League's new domestic television rights deal starting in the 2025-2026 season is expected to enhance broadcasting revenue [4]. Partnerships and Sponsorships - Manchester United has signed a multi-year partnership with Coca-Cola, becoming the official carbonated soft drink of the team in Europe, which could further boost revenue [4]. Team Performance - The team is currently in 14th place in the English Premier League, having finished 15th last season, which has impacted its matchday revenue [5][6]. - Despite recent poor performance, the team previously finished third in the 2022-2023 season, qualifying for the Champions League [5]. Investor Interest - There has been increased investor attention on Manchester United, potentially due to the rising valuations of professional sports teams [7]. - The team's valuation is estimated at $6.6 billion, with a public enterprise value of $3.6 billion, suggesting shares may be undervalued [8]. Stock Performance - Manchester United's stock trades at $16.05, within a 52-week range of $12.05 to $19.65, and has seen a year-to-date decline of 7.5% in 2025 [8].
X @Bloomberg
Bloomberg· 2025-08-26 14:01
RT Bloomberg Live (@BloombergLive)Is North America prepared for the World Cup 2026? We talk with @MLS Commissioner @thesoccerdon on preparation, growth and what’s at stake live in New York at Bloomberg #PowerPlayers. Join us: https://t.co/vvYlp8iNTN https://t.co/Edrg7LTz7D ...
X @Bitget
Bitget· 2025-08-23 17:51
Match Overview - The match between Atlético Madrid (@Atleti) and Elche CF (@elchecf) is currently tied at 1-1 [1] - The tweet asks for predictions on who will win the match [1] Sponsorship & Promotion - The match is associated with the hashtag MakeItCount, indicating a promotional campaign [1] - The promotion is a collaboration between Bitget and LALIGA, as indicated by BitgetxLALIGA [1] Player Highlight - SØRLOTH is highlighted with a heart emoji, suggesting a positive performance or fan favorite status [1] - The tweet includes LALIGAHighlights and VUELVELALIGA, promoting match highlights and the league itself [1]