Title: U.S. Investors Scoring Big in European Soccer: A Playbook for the Multi-Club Model
In the dynamic world of European soccer, U.S. investors are making strategic moves, shifting their focus towards clubs with lower valuations and often outside the marquee tier of the sport. This trend is accompanied by a growing interest in a so-called multi-club model, where investors target smaller clubs with lower valuations, aiming to tap into the international sports market at more accessible deal valuations. Shifting Landscapes and Global Opportunities As deep-pocketed investors, ranging from top U.S. private equity and venture capital firms to global rivals like sovereign wealth funds, intensify competition, the focus is expanding beyond the traditional heavyweights. Charles Baker, co-chair of law firm Sidley’s entertainment, sports, and media group, notes, "In terms of private equity and high net worth individuals, soccer is more of a global sport than almost any U.S. sport." The vast global fanbase, coupled with soccer's growing popularity in the U.S., translat...