tl;dr….. French professional football has lost roughly half of its domestic broadcast value in a single decade, from €1.153 bn p.a. under the 2020 Mediapro/beIN deal to a projected €142 m […]
Continuing the look at Eagle Football, Olympique Lyonnais etc….Michele Kang: ambition, complexity, and the Textor question
The public version of Michele Kang’s story is clean, almost mythological: the daughter of educators in Seoul, using her parents’ bridal savings to flee political upheaval during the 1980 Gwangju Uprising, […]
The Analysis Series: Eagle Football Group: Assessment of Prospects (H1 2025/26 financial results)
Eagle Football Group first half financial year 2025/26 results On the operational side, the new management under Michele Kang has delivered a remarkable turnaround in six months: EBITDA has moved from c.- […]
The Analysis Series: Financial architecture of 22 Holdco Limited: Analysis of Ares Management’s credit exposure, warrants, and embedded derivative structures within the Blueco consortium
For anyone wanting an understanding of how Chelsea are funded and how Ares operate this is a must read: Summary and macro-financial context The global sports finance landscape has undergone a profound […]
Shifting tides of private capital: Analysis of the US Private Credit market and its influence on Global Sports
The global financial system is currently navigating a period of (at best) structural realignment, following the meteoric rise of private credit as a primary source of corporate and specialised finance. Historically a […]