CVC Capital Partners has secured approximately €3.7bn, about $4bn, in financing for its sports investment platform Global Sport Group, according to the Financial Times. The financing package includes about €1.4bn from KKR, funded through insurer Global Atlantic, with around €1bn structured as preferred equity. Pimco will provide approximately €1.5bn of debt financing, while additional lenders contribute smaller amounts.

As part of the transaction, KKR may invest up to €200m in equity for a roughly 6% stake in the platform. The financing values Global Sport Group at about €7bn, underscoring the scale of CVC's sports investment strategy. CVC established Global Sport Group last year to consolidate its portfolio of sports investments, which includes stakes in La Liga, Premiership Rugby, and the Six Nations Championship.

The private equity firm has invested roughly €4.6bn in these assets since 2018, including a €2.1bn investment in La Liga and €1.5bn in France's football league commercial arm. The new financing structure is designed to lower funding costs and support further investment in the sports sector, while offering investors exposure to diversified revenue streams across multiple leagues and competitions.