Saudi PIF, QSI, RedBird Among Major Investors Preparing NBA Europe Franchise Bids

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• Saudi PIF, QSI, RedBird Among Major Investors Preparing NBA Europe Franchise Bids

  Three of the world's most prominent sports investment groups are preparing bids for NBA Europe franchises ahead of the March 31 non-binding submission deadline, sources with direct knowledge told The Athletic. Saudi Arabia's Public Investment Fund is targeting a London franchise, Qatar Sports Investments is preparing a Paris bid and Gerry Cardinale's RedBird Capital is pursuing a Milan team. Each bid is expected to be independent rather than partnered with existing European clubs. Over 100 po...

  Publisher:RealGM

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  Article published:Mar 16, 9:58 PM ET

• NBA Europe: PSG, AC Milan, and Newcastle investors chase new franchises

  Major investors are moving quickly to join NBA commissioner Adam Silver’s planned European league, with bids expected by March 31, Joe Vardon of The Athletic reported. Qatar Sports Investments, which owns Paris Saint-Germain, is preparing a bid for a Paris-based team, while RedBird Capital, owner of AC Milan, will pursue a Milan franchise, and Saudi […] The post NBA Europe: PSG, AC Milan, and Newcastle investors chase new franchises appeared first on TalkBasket.net .

  Publisher:TalkBasket.netArticle published:Mar 17, 5:57 AM ET

• The Saudi Arabia’s PIF interested for the London team of NBA Europe

  London, Paris and possibly Milan are in line to get new basketball teams The post The Saudi Arabia’s PIF interested for the London team of NBA Europe appeared first on Eurohoops .

  Publisher:EuroHoopsArticle published:Mar 16, 10:55 PM ET