Football Fanatic Builds $1 Billion Bet Against Game's Mega Rich [Business News Network (BNN) (Canada)]
Cannae Holdings, Inc. (CNNE)
Last cannae holdings, inc. earnings: 11/12 06:25 am
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Source: Business News Network
He's acquired stakes in teams from London to Rio de Janeiro, building a football empire like a business to cast himself against the game's mega rich elite. It's a second act for Textor, who forged his reputation and wealth over decades as an investor in disruptive digital technologies. The switch to football has been rapid even by the current standard of Americans piling into the sport. And he isn't done yet, having recently entered talks to buy French Ligue 1 team Olympique Lyonnais in what will be his biggest bet on the game to date. If it completes, Textor's football stable will have a value of about $1 billion including debt. “My football plan is to create an ecosystem of cooperative top-tier clubs that will benefit from the sharing of a global footprint of talent identification,” Florida-based Textor said in an interview. Read more: The Florida Financiers Buying Up Europe's Soccer Teams The 56-year-old's journey as a football owner began a year ago this week, when he bou
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CNNE
Earnings
- 2/21/24 - Miss
CNNE
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 144
- 4/15/24 - Form PRE
- CNNE's page on the SEC website