Manchester United and Chelsea owners in fight for Lord's-based London Spirit [Yahoo! Finance]
Liberty Media Corporation - Series A Liberty Braves (BATRA)
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Source: Yahoo! Finance
Spirit – with groups involving the Manchester United and Chelsea owners doing battle with Formula One's rulers. Investors including United supremo Avram Glazer and Chelsea co-owner Todd Boehly will do battle with F1 owners Liberty as well as three IPL teams. Meetings are taking place this week and next between would-be buyers and the host counties of the Hundred teams as the process of selling stakes in each of the eight franchises enters its second phase. The ECB is selling 49 per cent of each team and sharing the proceeds between the recreational game (which takes 10 per cent), the 18 first-class counties and MCC. The remaining 51 per cent is gifted to the host county, who can retain or sell as much of that share as they would like (with 80 per cent of the proceeds staying with them, and the rest shared across the game). The ECB are hoping to raise a bare minimum of £350 million for the 49 per cent stakes, it is understood. Around 15 investors remain in contention, the major
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BATRA
Earnings
- 11/6/24 - Miss
BATRA
Sec Filings
- 11/20/24 - Form 425
- 11/14/24 - Form SC
- 11/14/24 - Form 425
- BATRA's page on the SEC website