Billionaire Mukesh Ambani has entered the race to acquire English football club Liverpool FC, The Mirror reported on Sunday.
The club has been put up for sale by its current owner Fenway Sports Group (FSG), which bought it in October 2010, The Mirror said.
Goldman Sachs and Morgan Stanley have been appointed to assist FSG in selling the team.
A mail sent to Reliance Industries elicited no response till the time of going to press.
According to The Mirror, FSG is willing to sell the club for £4 billion. This is not the first time that Ambani is eyeing a stake in the Merseyside club.
In 2010, The Times reported that Ambani and Subrata Roy were willing to pay the club’s £237-million debt in return for a 51 per cent stake.
The Ambani-led Reliance Industries (RIL) has significant interests in sports in India.
The group owns Indian Premier League (IPL) team Mumbai Indians and runs the football league, Indian Super League, along with the All India Football Federation.During the last few years, RIL, along with other corporates such as JSW, Hero MotoCorp and the Adani group, have joined the ranks of the Tatas to invest in football.
The Tata group has been running the Tata Football Academy in Jamshedpur, an elite football academy, for the last 35 years.
Apart from football and cricket, RIL has tied up with the Indian Olympic Association and the Athletics Federation of India to support athletes in multiple events. These include the Commonwealth Games, Asian Games and the Olympics.
Reliance will also set up the first-ever India House at the Paris Olympics in 2024 as part of the association.
A recent GroupM report on sports sponsorship in India says that non-cricket sporting activity — including football and kabaddi — contributed to 12 per cent of the Rs 9,500-crore overall sports advertising spends in 2021.
Cricket stands at about 88 per cent of the overall sports ad spend.
The number for non-cricket sports has grown from around 8 per cent in the pre-pandemic period.
The year 2020 saw the first Covid wave, resulting in a blip in overall sports sponsorship spends in the country.
Cricket will still remain a key contributor to sports advertising expenditure (adex) in India, given its wide following and reach. Non-cricket sports will increasingly grow its share in sports adex in the years ahead, GroupM said.
Note:- (Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor. The content is auto-generated from a syndicated feed.))
I’m amazed, I must say. Seldom do I encounter a blog that’s equally educative and entertaining, and let me tell
you, you have hit the nail on the head. The issue
is something not enough men and women are speaking intelligently about.
I’m very happy that I stumbled across this in my hunt for something regarding this.
Wow, that’s what I was exploring for, what a stuff!
existing here at this weblog, thanks admin of this site.
It’s very effortless to find out any topic on net as compared to books, as I found this post at this web
page.
Wonderful goods from you, man. I have understand your stuff previous to and you are
just extremely magnificent. I really like what you have acquired
here, really like what you are stating and the way in which you say it.
You make it enjoyable and you still take care of to keep it wise.
I cant wait to read far more from you. This is actually a
tremendous website.
Hello There. I found your weblog the use of msn. That is a really smartly written article.
I’ll make sure to bookmark it and return to read extra of your useful information. Thanks for the
post. I will certainly comeback.
Helpful information. Lucky me I discovered your web
site unintentionally, and I’m stunned why this accident didn’t happened earlier!
I bookmarked it.
Hey! I know this is kind of off topic but I was wondering which blog platform are you using for this site?
I’m getting tired of WordPress because I’ve had problems with hackers and I’m
looking at options for another platform. I would be awesome if you could
point me in the direction of a good platform.
OMT’s enrichment tasks ⲣast thе curriculum introduce math’s
limitless possibilities, igniting passion ɑnd examination ambition.
Founded іn 2013 Ьү Ⅿr. Justin Tan, OMT Math Tuition һas
actսally assisted countless students ace examinations ⅼike PSLE,
O-Levels, and A-Levels ѡith proven analytical strategies.
Singapore’ѕ world-renowned math curriculum highlights conceptual
understanding оver mere calculation, mɑking math tuition crucial fߋr
students tо grasp deep concepts and master national exams
liike PSLE ɑnd Ⲟ-Levels.
Tuition emphasizes heuristic ρroblem-solving techniques,
crucial fⲟr tаking on PSLE’ѕ tough word issues
that require numerous actions.
Secondary math tition lays а strong foundation fⲟr post-O Level reseɑrch studies, ѕuch as A Levels or polytechnic programs, Ƅy excelling in foundational subjects.
Ϝor those seeking H3 Mathematics, junior college tuition ᧐ffers advanced assistance оn researcһ-level topics tⲟ succeed in thiѕ tough
extension.
OMT’ѕ custom-designed curriculum distinctively improves
thе MOE structure by providing thematic devices tһat link mathematics topics аcross primary to JC levels.
Endless retries ᧐n quizzes sia, ideal foｒ mastering subjects and attaining
tһose A qualities in mathematics.
Tuition reveals trainees tо varied inquiry kinds, broadening tһeir
preparedness for unpredictable Singapore mathematics examinations.
Ꮋere is my site :: maths tuition centre іn marine parade, Charli,
Interested in CBD health only don’t bonk where to lead off? register our comprehensive examination https://www.cornbreadhemp.com/collections/thc-gummies conduct to discover how pure CBD, wax spectrum CBD, and CBD set apart patronise your physical structure. dissimilar THC, staring CBD offer non-psychoactive benefits that sustenance you keen and unwind. Whether you favor CBD oil color strike down, CBD pabulum, or CBD condensation, we explicate CBD dose so you fire pickaxe the effective CBD product. Start your lifelike CBD travel today with sodding self-assurance in certified constitutional CBD!