Billionaires are taking over sports teams — and that’s a risk for fans

Why it matters

This is a thematic observation about billionaire ownership in sports teams, which is interesting but does not directly affect credit markets, lending, or financial regulation relevant to sophisticated credit professionals.

Sources

• Financial Times

  Billionaires are taking over sports teams — and that’s a risk for fans

  Franchises risk getting caught up in the disparate affairs of their financier owners