CVC Capital Partners is nearing an external investment into its $14bn Global Sport Group (GSG), a move expected to support a new phase of sports acquisitions early this year, according to a report by City AM. The platform was established to house CVC’s existing sports assets and to scale its strategy across global leagues and governing bodies.
GSG is chaired by former EE chief executive Marc Allera and runs stakes in LaLiga, Ligue 1, the Six Nations, Premiership Rugby, the United Rugby Championship and the Women’s Tennis Association. Alongside the anticipated investment, the group is understood to be refinancing existing debt, positioning the platform for expansion. GSG is expected to continue prioritising minority investments in leagues and rights holders rather than individual clubs.
The group recently launched an Athlete Advisory Board in partnership with Roc Nation Sports International, including figures such as David Villa, Siya Kolisi, and Skylar Diggins, as it looks to strengthen its commercial and strategic capabilities across its portfolio.
CVC has broadened its sports exposure since exiting Formula 1 in 2016. The firm sold a majority stake in IPL side Gujarat Titans last year, while retaining interests across rugby, football, volleyball, and media assets through holdings such as Bruin Capital.
