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.