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Arthur Blank buys stake in Scottish soccer club

bizjournals Monday, 25 November 2019 ()
Atlanta United is expanding its reach globally as parent company AMB Sports and Entertainment (AMBSE) has acquired a minority stake in Scottish soccer club Aberdeen FC. AMBSE is owned by AMB Group, the investment management arm of Arthur Blank's for-profit businesses. The Home Depot Inc. co-founder (NYSE: HD) will have less than 10% ownership in the club after paying $2 million pounds ($2.57 million). The investment is a part of a multi-faceted partnership with Aberdeen which includes providing…
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News video: Man City stake sale values soccer club at $4.8 bln

Man City stake sale values soccer club at $4.8 bln 01:02

U.S. private equity firm Silver Lake is buying a stake of just over ten percent in Manchester City for $500 mln, valuing the English club at $4.8 bln. Julian Satterthwaite reports.

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