CVC Capital Partners has unveiled Global Sport Group, a $14bn platform designed to consolidate and expand its portfolio of sports investments. 

The new entity will house CVC’s holdings across seven leagues, creating what is believed to be the largest sports-focused fund in the private equity sector.

The move follows the firm’s reported efforts to refinance its £9bn UK portfolio and explore potential partnerships with Gulf sovereign wealth funds. Global Sport Group will be chaired by former EE chief executive Marc Allera and supported by a leadership team that includes former WWE executives Michelle Wilson and George Barrios, ex-Dazn chief Simon Denyer, and Alkit Patel, former COO of CVC’s rugby investments.

CVC’s sports portfolio includes stakes in LaLiga, Ligue 1, Premiership Rugby, the United Rugby Championship, the Six Nations, Volleyball World, and WTA Ventures. The firm also previously owned Formula 1 and has recently reduced its stake in the Indian Premier League’s Gujarat Titans.

With $225bn in assets under management, CVC has become a leading force in sports dealmaking, though performance has varied across its portfolio. Its rugby investments have underdelivered compared with more successful ventures such as the Six Nations, and the firm’s Paris offices were raided last year as part of a French football investigation.

Despite these challenges, the launch of Global Sport Group underscores CVC’s ambition to scale sports valuations and cement its role as a dominant investor in the sector.

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