How private equity is changing the global soccer landscape with big investments in clubs and leagues


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MADRID — The soccer landscape is changing quickly with a surge of investment firms injecting billions into clubs and leagues around the world. There is the American holding company buying clubs in Belgium, Italy and Germany. And the Luxembourg-based private equity group putting billions of euros into leagues in Spain and France. The trend has reached all the major soccer markets and there's no sign it will ease up any time soon. Investors seized the opportunity when clubs became cash-strapped during the coronavirus pandemic and now are thriving in a niche few of them had fully explored before. Some leagues and clubs are still reluctant to get involved.

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