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What is the American fund Arctos Partners, which is taking a "minority stake" in PSG?

2023-12-07T17:39:41.267Z

Highlights: Paris Saint-Germain has entered into an investment agreement with Arctos Partners. The American investment fund will take a "minority stake" in the French club. The fund already holds stakes in several professional sports organisations around the world. Among its co-founders is Doc O'Connor, former head of the Madison Square Garden Company, owner of the famous New York venue. The deal is an important milestone in the history of PSG, the club said in a statement, adding that it will contribute greatly to its success.


The fund already holds stakes in several professional sports organisations around the world, including football, basketball, ice hockey and Formula 1.


It's a small event in the history of Paris Saint-Germain. The capital's football club is no longer 100% owned by Qatari company Qatar Sports Investments (QSI). The club announced on Thursday that it had entered into "a partnership and strategic investment agreement" with the American investment fund Arctos Partners, with whom it has been in discussions since last spring. The latter will take "a minority stake" in PSG's capital, which could rise to 12.5% - although it is currently at a lower level - based on a total valuation of the club of 4.25 billion euros.

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As an uncontrolled owner, Arctos will not influence sporting matters on the field. QSI will continue to be in control of all decisions made at PSG," the club said in a statement, adding that "today is an important milestone in the history of Paris Saint-Germain and will contribute greatly to the continued success and growth of our great club." What's behind this investment fund that is little known to the general public? Here's what you need to know.

Founded in 2019 in Dallas

Arctos Partners was founded in 2019. Headquartered in Dallas, Texas, the fund also has offices in New York. Among its co-founders is Doc O'Connor, former head of the Madison Square Garden Company, owner of the famous New York venue.

On its website, the company bills itself as "a private equity fund dedicated to the professional sports industry and sports franchise owners." In its statement, PSG completes the picture: "Arctos leverages its deep industry knowledge, operational expertise, data science-driven research and extensive network of relationships to accelerate the growth and increase the value of its portfolio of sports franchises," it wrote.

Read alsoA new PSG, on the pitch and behind the scenes?

Appearances on numerous sports teams

Specialising in the sports industry, Arctos has stakes in several professional sports organisations around the world - "more than 20", the PSG statement said. And this in sports as varied as football, basketball (with the NBA), Formula 1, ice hockey (with the North American NHL) or baseball (with the North American MLB).

The fund owns shares in Fenway Sports Group, the owner of the English football club Liverpool. He also has minority stakes in the NBA franchises of the Golden State Warriors, the Philadelphia Sixers and the Sacramento Kings, in the baseball franchises of the Boston Red Sox, the Los Angeles Dodgers and the San Francisco Giants, in the hockey franchises of the New Jersey Devils and the Tampa Bay Lightning. as well as in football franchises playing in the American MLS, or in the Italian football club Atalanta Bergamo.

The fund also invested last month in the Formula 1 team Aston Martin, the amount of which was not disclosed, valuing the team at 1 billion pounds (1.17 billion euros). In total, Arctos has nearly $7 billion in assets.

Source: lefigaro

All business articles on 2023-12-07

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