Europe's top men's basketball competition EuroLeague has drawn interest from private equity firms including EQT, BC Partners and General Atlantic, according to two sources with knowledge of the matter. Euroleague Commercial Assets (ECA), the entity which owns the EuroLeague and EuroCup, have been sounding out investor interest to buy a stake in the company, and is aiming for a valuation of one billion euros ($1.07 billion) in a potential sale, the two sources and a third one said. Private equity firms including BC Partners, EQT and General Atlantic have expressed interest in buying a stake in recent weeks, according to two of the people.
Latest updates, gossip, rumours and deals from the summer transfer window
With the mercato open, and a new season officially started, AC Milan can now make Francesco Camarda’s contract official, a report has suggested this morning.Whilst at times it seemed like a battle f...
With the summer transfer window upon us, Real Madrid are expected to be involved in some major activity in the coming weeks, be it incomings or outgoings.Kylian Mbappe has already signed for Los Blanc...