Powerleague Fives Secures $28.1M Debt Refinancing From Barclays
Powerleague Fives Limited secured a $28.1 million refinancing package from Barclays to fund the expansion of its padel venues and upgrade its UK estate. The debt financing will support new padel court development and upgrades to existing facilities, reflecting the company's growth strategy in grassroots sport.
TNT Sports Acquires U.S. Media Rights to FIA World Endurance Championship
TNT Sports secured the U.S. media rights to the FIA World Endurance Championship, adding the series to its sports portfolio. The deal, announced in the article, expands TNT Sports' coverage of endurance racing. Financial terms were not disclosed.
Saudi PIF Sells 70% Stake in Al‑Hilal to Kingdom Holding for $374M
Saudi Arabia’s sovereign wealth fund PIF announced the sale of its 70% stake in football club Al‑Hilal to Kingdom Holding Company, valuing the club at 1.4 billion Saudi riyals (≈$374 million). The deal aligns with PIF’s strategy to redeploy capital and underscores...
Sportway Media Group and Broadcast Solutions Acquire AI Tech Provider Studio Automated
Sportway Media Group and Broadcast Solutions have announced the acquisition of AI technology provider Studio Automated, creating an integrated AI-driven live sports production platform. The deal combines Sportway’s large‑scale match data with Broadcast Solutions’ OB vans and camera systems to...
Fox Corp Acquires Tigo Sports Programming and Operations to Launch Fox Channel in Central America
Fox Corporation announced it has acquired the programming and local operations of Tigo Sports Channel, enabling the launch of a new Fox Channel across Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica and Panama. The deal includes sports rights, production infrastructure...
SportyTV Secures Pay‑TV Rights for 2026 FIFA World Cup in South Africa
SportyTV announced that it has acquired the exclusive pay‑television rights from FIFA to broadcast all 104 matches of the 2026 World Cup in South Africa. The deal marks the platform’s first major rights acquisition in the market, challenging incumbent SuperSport....
Always Alpha Acquires Courtside Talent to Expand Women’s Tennis Representation
Always Alpha, a women‑founded sports talent agency, announced the acquisition of Courtside Talent, a women‑owned tennis management firm. The deal adds a roster of top women’s tennis players, including US Open champion Sloane Stephens, and brings Courtside’s founder Casey Reede...