Global Sport Group, the sports investment vehicle owned by CVC Capital Partners, has kicked off a €2.7bn debt-raising process aimed at financing further acquisitions across global sports assets, Sky News reported.

The debt raise, equivalent to about £2.3bn, is being overseen by Goldman Sachs and is running alongside broader discussions with potential providers of equity capital. Sources said those equity conversations include blue-chip investors such as Ares Management and Bain Capital.

Global Sport Group houses a portfolio of sports investments including a minority stake in the Six Nations Championship. It also holds interests in the women’s professional tennis tour, Premiership Rugby, top-flight football leagues in France and Spain, and international volleyball. The only major CVC sports asset not held within the vehicle is a stake in an Indian Premier League cricket franchise.

The refinancing is also being advised by PJT Partners and Raine Group. Once completed, the structure would allow CVC to retain exposure to its sports portfolio for longer, while creating flexibility for a future minority stake sale in Global Sport Group or a potential initial public offering on a major international exchange.

CVC has generated substantial returns from sports investing in the past, most notably through its ownership of Formula One. The firm’s broader sports strategy has focused on acquiring media rights and league stakes with long-term commercial growth potential, particularly as global sports assets attract increasing interest from private equity and institutional capital.

If you think we missed any important news, please do not hesitate to contact us at [email protected].

Can`t stop reading? Read more.