How much will centricus invest in UEFA Super League?



How much will centricus invest in UEFA Super League?

Centricus has been in talks with UEFA for a number of months regarding financing, a person familiar with the matter said. The investment firm had discussed an initial package of about 4.2 billion euros, which was raised to 6 billion euros following the rival Super League proposal, the person said.

What is centricus doing in the sports industry?

Within the sports industry, Centricus was also part of a consortium, alongside SoftBank and FIFA, to launch a brace of new soccer tournaments, and has held talks to invest in Swiss club FC Basel. Proponents argue the Super League would create a more exciting competition because the game’s very top teams would play each other more often.

How much money does centricus own?

Centricus oversees $34bn of assets. Centricus is a London-based global investment firm.

Who is centricus and how did it start?

The firm was started in 2016 by Nizar Al-Bassam, a former investment banker at Deutsche Bank AG, and ex-Goldman Sachs Group Inc. partner Dalinc Ariburnu. Despite running a small team from London, Centricus has become known for a string of opportunistic deals.

How much will centricus invest in UEFA Super League?



How much will centricus invest in UEFA Super League?

Centricus has been in talks with UEFA for a number of months regarding financing, a person familiar with the matter said. The investment firm had discussed an initial package of about 4.2 billion euros, which was raised to 6 billion euros following the rival Super League proposal, the person said.

Who is the founder of centricus?

He co-founded Centricus in 2016. Nizar was previously Head of CEEMEA for Capital Markets & Treasury Solutions, Sales, Origination, Investment Banking and Commercial Banking at Deutsche Bank.

Who is the CFO of centricus?

Boyd Cuthbertson joined Centricus Asset Management in 2015 as CFO, with many years of experience in financial and treasury management, risk, corporate governance, audit and controls. More recently, Boyd ran his own consultancy business for nine years, providing financial and governance support.

What is centricus doing in the sports industry?

Within the sports industry, Centricus was also part of a consortium, alongside SoftBank and FIFA, to launch a brace of new soccer tournaments, and has held talks to invest in Swiss club FC Basel. Proponents argue the Super League would create a more exciting competition because the game’s very top teams would play each other more often.