Milwaukee Brewers principal owner Mark Attanasio, who is also the co-founder of the Los Angeles-based Crescent Capital Group investment firm and part owner of the Norwich City Football Club, has been mentioned as an investor in a $12 billion entity called The Strategic Sports Group. The Pro Golf Tour is the majority stakeholder in this entity and current PGA players will get equity.
Related: Milwaukee Brewers owner Mark Attanasio increases stake in overseas soccer team to 40%.
What is The Strategic Sports Group?
The Strategic Sports Group is a for-profit entity that specializes in helping sports teams, and those seeking to do business with those organizations, achieve maximum revenue. On their website they advertise that their unmatched experience in new stadiums and renovation projects, premium sales and sports business, SSG is uniquely positioned to ensure you hit a homerun when you step up to the plate.
Who are the other investors in The Sports Strategic Group besides Milwaukee Brewers owner Mark Attanasio?
As mentioned The PGA Tour is the majority shareholder in this entity in which they injected about $3 billion of cash into it. Alongside Brewers owner Mark Attansio other investors include Tom Werner & John Henry of the Boston Red Sox, Arthur Blank of the Atlanta Falcons, Wyc Grousbeck of the Boston Celtics, Steve Cohen of the New York Mets, and Tom Ricketts of the Chicago Cubs.
Reporter Joe Pompliano indicated that this deal does not include the Saudi Arabi’as Public Investment Fund, although the PGA Tour is still negotiating with them on a potential partnership.
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