Ares Sports Fund Buys Stake in SailGP France Team
4 Articles
4 Articles
The French SailGP team welcomes a major new investor. SailGP is accelerating its rise in the sport. This crewed sailing race format is attracting more and more people, from the public to the media, including investors. The latest to join the adventure is Ares Management, an American investment fund well-known in French football for its support of John Textor's Eagle Football during the acquisition of Olympique Lyonnais. Ares has just invested in…
Ares Sports Fund Buys Stake in SailGP France Team
The Ares Sports, Media and Entertainment Fund has purchased a minority stake in the France SailGP team, the third ownership transaction in the upstart sailing league in recent weeks. Ares joins an ownership group that includes French soccer star Kylian Mbappé’s Coalition Capital, which announced its stake in March. The size and purchase price of […]
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