HeadlinesBriefing favicon HeadlinesBriefing.com

CVC-backed Global Sport Group launches €2.7bn debt raise

Private Equity Insights •
×

CVC Capital Partners' sports vehicle, Global Sport Group, has launched a €2.7 billion debt raising effort, roughly £2.3 billion, to bankroll its next wave of acquisitions. Goldman Sachs leads the financing process while equity talks run in parallel with blue‑chip investors such as Ares Management and Bain Capital. The portfolio already includes a minority stake in the Six Nations Championship, interests in the women’s professional tennis tour, Premiership Rugby, top‑flight football leagues in France and Spain, and international volleyball, leaving only an Indian Premier League franchise outside the vehicle. Advisors PJT Partners and Raine Group are structuring the deal to let CVC keep exposure to the assets longer and preserve options for a future minority sale or an IPO on a major exchange.

Past returns from sports bets, most famously the Formula One acquisition, have encouraged CVC to double down on media rights and league stakes as institutional money chases stable, cash‑generating sports properties. Completion could reshape how private equity funds scale exposure to global sport assets.