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Move marks comeback after forced exit as CNN president
Announcement comes as US group RedBird prepares to close acquisition of Italian football club
US investment firm RedBird has bought a club that enjoyed an unexpected recovery under hedge fund Elliott Management
Plus, why the Formula One turnround isn’t over, France’s Champions League fiasco, and more
Deal follows Serie A title win and caps turnround under activist investor’s ownership
Western action to isolate the Kremlin has changed little on the street but signs of strain are appearing
Private investment firm challenges asset manager Investcorp in €1bn takeover battle
National Hockey League teams from Tampa Bay and Minnesota near stake sales to private equity firm Arctos
Plus, digging into the Super League’s legal case against Uefa, and more.
Ahmedabad and Lucknow franchises sold for $745m and $945m as investors rush to profit from competition’s rise
Investor in Boston Red Sox and Liverpool acquires 15% stake in IPL franchise
John Henry’s Fenway Sports Group in talks to merge with blank-cheque company at $8bn valuation
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