Chatsworth Grows in European Sport Industry

New York, February 25, 2022. Chatsworth Securities LLC has been engaged by a first division soccer European team under the supervision of Alessandro Bianchi, Managing Director at Chatsworth. American money continues to flow into European soccer. In 2021 alone we saw a wide range of deals: 777Partners, a Miami-based fund, acquired full ownership of Genoa, Italy's oldest soccer club, and also owns a stake in Sevilla FC and the London Lions. The Chicago finance and technology company Peak6 took a stake in the Premier League's Wolverhampton Wanderers. Ares Corporation invested $216.9 million in exchange for 34% of Atletico Madrid, with its funds having invested nearly $1 billion in sports and related media. Oaktree Capital acquired a 31% equity interest in Inter Milan for $336 million. The push by US investment firms in the long run is to bet on the digitalization of sport as consumer behavior shifts, something that has been accelerated by COVID-19. With fewer fans in the stadiums, soccer teams are looking at digital content to keep that connection with consumers. Through investment firms and overseas capital, European teams hope to improve their media production to engage the global audience. Chatsworth Securities LLC is an investment banking firm that has been providing financial advisory services to corporations and entrepreneurs since 1996. Chatsworth advises on both domestic and international M&A transactions, fundraising and capital raises for large and small companies around the globe.