The complex funding arrangements of Chelsea Football Club (and to be fair, they’re not alone in having complex funding arrangements), there’s an increasingly public discussion as to how much is funded by […]
Structural fragility and regulatory arbitrage in US reinsurance and private credit – its relevance to football
When the possibility of 777 Partners’ acquisition of Everton was first mooted, the subsequent investigations, here, and continuing with Josimar and the likes of Paul Brown, opened up a world in which […]
The Analysis Series: Value extraction in the global sports economy:
The evolution of asset stripping Historically viewed as community assets or the vanity projects of local benefactors, sports franchises and leagues have increasingly been reclassified as an alternative asset class within the […]
The Analysis Series: Ares Management Corporation: Credit, Capital Structure, and the Football Investment
ARES and football investment Ares Management Corporation (ARES) is an established, leading global alternative investment manager, distinguished by its asset-light, fee-centric business model. The firm’s strategy encompasses complementary primary and secondary investment […]