MSP Sports Capital
X Games to ‘copy’ F1 commercial model as it moves to league-based series
Action sports event X Games is to undergo its first major transformation since coming under the majority ownership of private equity firm MSP Sports Capital more than 18 months ago, shifting to a team-based league structure.
Everton in need of new finance as MSP deal collapses
Struggling Premier League club Everton is seeking new sources of investment after a proposed deal with MSP Sports Capital fell through
Summer X Games returns with new look in Southern California
Action sports content provider and event producer X Games has announced that its showpiece summer event will return in a reimagined format, with fans also set to be in attendance for the first time in…
E.J. Johnston on advancing a new form of ice hockey
In this week’s episode, podcast co-hosts Eric Fisher and Chris Russo interview E.J. Johnston, founder and chief executive of 3ICE. Fisher and Russo also discuss the first season for LIV Golf as it concludes, MSP Sports Capital’s deal with ESPN to acquire majority control of the X Games, new executives and funding for fantasy football-focused media entity The 33rd Team, the completion of Elon Musk’s $44bn purchase of Twitter, and Major League Baseball’s 2022 World Series between Houston and Philadelphia.
ESPN sells controlling interest in X Games to MSP Sports Capital
ESPN and New York-based private equity firm MSP Sports Capital announced a sale of ESPN’s majority interest in the X Games to MSP Sports Capital, with ESPN continuing to own a minority, non-controlling p…