Soccer In, Hockey Out: Behold, American Sport’s New Big Four?
No one is particularly fond of hedge fund managers, or the peculiar subphylum of Wall Street bullies and corporate scions who bestride world markets gathering sports franchises like baubles. But let’s be clear and clear-eyed: These guys aren’t pursuing National Hockey League franchises these days, or hockey clubs anywhere. Todd Boehly’s recent purchase of Chelsea F.C. means nine of 20 English Premier League clubs are today majority-owned by American-led consortia. Should Minnesota-based investor Maciek Kaminski consummate his recent offer for [...]