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Why Global Sport Group Is Being Engineered Like Infrastructure
Private equity’s grip on global sport is tightening, and CVC is now turning its $13-14 billion Global Sport Group (GSG) into something that looks less like a conventional PE fund and more like an infrastructure‑style platform with long‑dated debt, recurring cash flows and periodic liquidity events.
At the heart of the story is a multibillion‑pound refinancing, led by Ares Management and other private credit players, secured against a portfolio that touches European football, women’s tennis, elite rugby, volleyball and IPL cricket.
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