US Committee Seeks Outside Investors for New Commercial Venture
The venture would generate capital for athletes and national governing bodies as the committee shifts away from its LA28 commercial partnership.
5 Articles
5 Articles
US Olympic and Paralympic Committee seeks outside investors for new commercial venture
Any deal would mark a significant shift for the USOPC, a non-profit organisation that, unlike many Olympic committees, relies on sponsorships, licensing and other revenue streams rather than government funding.
Olympics-US Committee seeks outside investors for new commercial venture
By Amy-Jo Crowley and Amy Tennery LONDON/NEW YORK, Nov 3 (Reuters) - The US Olympic and Paralympic Committee (USOPC) is in the advanced stages of setting up a commercial entity to sell a stake in return for capital, two people with knowledge of the mat...
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PressNewsAgencyUS Committee seeks outside investors for new commercial venture
LONDON/NEW YORK, Nov 3 : The US Olympic and Paralympic Committee (USOPC) is in the advanced stages of setting up a commercial entity to sell a stake in return for capital, two people with knowledge of the matter told Reuters.Any deal would mark a significant shift for the USOPC, a non-profit organization tha
Team USA explores sale of commercial rights ahead of LA2028 Olympics
US Olympic chiefs have confirmed they are exploring the possible sale of a stake in Team USA’s commercial rights. The US Olympic and Paralympic Committee has engaged sport’s go-to brokers the Raine Group to explore a range of possible fundraising options, Mark Kleinman reported for Sky News. “The next decade represents an unprecedented opportunity for [...]
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