Back to overview

Friday briefing: 777 Partners and Saudi Arabia’s PIF target multi-club portfolio boosts

IMAGO

Real Madrid face questions over €122 million of unexplained costs in 2021/22 accounts

EFL charges Barnsley with multiple breaches of regulations

English women’s football review calls for urgent investment and minimum wage

14 July 2023 - 4:30 AM

American investment firm 777 Partners and Saudi Arabia’s Public Investment Fund (PIF) are both aiming to boost their football multi-club ownership interests amid new developments, according to Bloomberg.

The financial news service understands that 777 plans to potentially raise more than €200 million for its portfolio of clubs as it looks to tap growing investor appetite for football.

Sources told Bloomberg that the Miami-based firm has hired sports specialists Tifosy Capi

Do you want to read this article?

Get smarter in minutes. Straight to your inbox
21-day free trial

No credit card required. No strings attached. Your access ends automatically, so there’s nothing to cancel.

Activate instantly with the link we’ll send you.