Jump to content

Recommended Posts

Posted

Pulled this off of Reddit.  Other franchises TWG Global owns stakes in.

Quote

TWG owns and/or has stakes of several sports teams and franchises, including the Los Angeles Dodgers, Los Angeles Lakers, Los Angeles Sparks, Chelsea F.C., and RC Strasbourg Alsace.[10][11][12][13][14]

Quote

TWG announced in November 2024, that it had acquired full ownership of American auto racing team Andretti Global.[15] This acquisition included the then named Andretti Cadillac Formula 1 team,

 

Posted
40 minutes ago, Deleterious said:

She needs her Laimbeer/Mahorn.  

 

i love the people on twitter arguing that this WOULD NEVER HAPPEN in the nba.  

ummm...ask michael jordan.  we used to beat the **** out of that guy.

Posted
17 minutes ago, buddha said:

i love the people on twitter arguing that this WOULD NEVER HAPPEN in the nba.  

ummm...ask michael jordan.  we used to beat the **** out of that guy.

That was 35-40 years ago. It wouldn't happen in today's NBA.

Posted

When revenue goes up, salaries go up. It's a pretty simple model, but apparently WNBA players aren't smart enough to realize this and want to take out the player that's actually helping the league get some viewers.

Posted

Quote from Windhorst on a podcast today.

Quote

In late April, TWG Global announced a $15 billion capital raising effort and they wanted to create a fund that they would use to invest in sports. $10 billion of that money was invested by Mubadala Capital. Mubadala is Abu Dhabi. You guys have heard me talk about Abu Dhabi and Abu Dhabi’s deep interest in investing in the NBA and American sport. Mubadala Capital wouldn’t be able to directly buy the Lakers but certainly they couldninvest in something to buy the Lakers. TWG Global has a lot of investors. I’m not saying one piece of money goes to one investment… In their press release from two months ago, they said that they planneed to “build up sizable stakes in a range of sports assets in the years leading up to this investment.” So, they announced a $15 billion raise with $10 billion from Abu Dhabi to invest in sports assets. Two months later, they buy the Lakers for $10 billion. I’m just pointing that out.

 

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...