From Front Office Sports <[email protected]>
Subject FOS PM: Chase for Man Utd Heats Up
Date January 18, 2023 9:20 PM
  Links have been removed from this email. Learn more in the FAQ.
  Links have been removed from this email. Learn more in the FAQ.
January 18, 2023

Read in Browser [[link removed]]

POWERED BY

It looks like Disney has scored [[link removed]] one for the record books. The Dallas Cowboys’ 31-14 win over the Tampa Bay Buccaneers averaged 30.6 million viewers across its five networks, according to preliminary figures — and the final total could surpass 31 million, which would make it Disney’s most-watched NFL playoff game ever.

Teams U.K. Billionaire Has Sights Set on Manchester United Ownership [[link removed]]

Manchester United FC

One of Britain’s richest people could soon make a childhood dream of owning Manchester United a reality.

Chemicals firm INEOS and its 70-year-old founder Jim Ratcliffe — who has an estimated [[link removed]'s%20most%20wealthy%20businessmen.&text=Ratcliffe%20is%20the%20first%20potential,interest%20in%20purchasing%20Manchester%20United.] net worth of $15.5 billion — are officially in the running to buy the Premier League team, an INEOS spokesperson confirmed [[link removed].] to several outlets.

“We have formally put ourselves into the process,” they said.

No other groups have announced intentions to acquire the club, though the sale has reportedly [[link removed]] attracted groups from the Middle East, Asia, and the U.S.

It was reported last week that Manchester United will invite formal takeover bids until mid-February. The club is expected to invite bids for total buyouts and minority stakes.

INEOS is also an owner of French side OCG Nice and Swiss club FC Lausanne Sport. There are no issues with acquiring Manchester United if the teams don’t play in the same competition.

The pair also have connections [[link removed]] to Formula 1, cycling, sailing, and rugby.

Takeover Time

The Glazers, who announced plans to explore a sale in November following criticism over misguided management, are reportedly looking for an offer of more than $7.2 billion. Forbes last valued Manchester United at $4.6 billion.

It was previously reported [[link removed]] that the Raine Group intends to complete a sale in the first financial quarter of 2023.

Real Estate Formula 1 Unveils Miami Upgrade Plans, Including Hard Rock Stadium [[link removed]]

F1

Formula 1 is set to stay in Miami for the long haul.

Miami Grand Prix organizers announced [[link removed]] a host of changes and improvements as it prepares for its second iteration on May 7.

A permanent 190,000-square-foot Paddock Club hospitality building has been built atop the team pit garages, overlooking the pit lane and starting line. The three-tiered building will include room for 6,000 guests, luxury suites, and a rooftop club. Team paddock areas and hospitality units, where drivers will stay throughout the race weekend, will be on the field where the Miami Dolphins play.

The 3.36-mile track surface, which goes around Hard Rock Stadium, will be repaved to improve grip levels in the hopes of allowing for more overtakes and excitement.

Organizers are also upgrading certain fan areas, including the “marina,” where real yachts were parked on fake water during the 2022 race.

No Race to Replace China

Formula 1 also announced that it will not add an event to replace the Chinese Grand Prix in 2023.

The Shanghai-based race was on the original calendar for this year but was removed due to uncertainty around travel and event restrictions as part of the nation’s zero-COVID policy.

Portugal and other locations emerged as a potential replacement, but F1 elected to make no further changes and keep the calendar to 23 races, the same number as last year.

SPONSORED BY META

Virtual Reality 🤝 Sports

Is virtual reality the next big thing in sports? Quite possibly.

Together with Meta, our latest free course, Metaverse Essentials: Building the Future [[link removed]], dives deep into the ever-evolving connection between sports and the metaverse, exploring where we are today and what the future holds.

Check out the final lesson [[link removed]] of the course, Virtual Reality: Sports & Fitness, where Meta’s Director of Sports Creator Partnerships Kevin Cote sits down with an all-star panel of leaders from X Games, Rezzil, GOLF+, and FitXR to discuss how virtual reality will transform the way sports are played, viewed, and experienced.

Earn your digitally verified badge today! Register now [[link removed]].

Deals Telemundo Scores Media Rights to U.S. Soccer [[link removed]]

Trevor Ruszkowski-USA TODAY Sports

Telemundo has expanded its reach with the world’s most popular sport.

The broadcasting giant has secured a four-year media rights deal with the U.S. Soccer Federation for an undisclosed amount. The pact will make the NBCUniversal-owned TV network the exclusive Spanish-language broadcaster of the U.S. women’s and men’s national soccer teams.

NBCUniversal chairman Beau Ferrari said [[link removed]] that the network looks forward to “propelling the growth of soccer in the United States” and serving audiences across its platforms.

Telemundo will broadcast more than 20 U.S. team matches each year. That includes the 2023 Women’s World Cup, the 2024 Paris Olympics, and the 2026 Men’s World Cup. The deal also includes coverage on NBCUniversal’s streaming platform Peacock.

Telemundo posted record viewership during the 2022 World Cup. In the first week of the month-long tournament — and including streams — the network reported [[link removed]] a 24% uptick in Spanish-language viewership compared to 2018.

A group-stage match between Argentina and Mexico on Nov. 26 averaged [[link removed]] 8.9 million viewers on Telemundo and Peacock — the most-watched group-stage game in Spanish-language history.

The match alone averaged 2.08 million viewers on Peacock.

Leveling the Playing Field

The USWNT will be a big part of the new media rights deal and is indicative of the growing popularity and value of women’s soccer.

In 2022, the USWNT agreed [[link removed]] to a settlement with U.S. Soccer, ending a six-year lawsuit over equal pay. The settlement included a $24 million payment, $22 million of which went to players.

Conversation Starters The popular “Sport Science” TV show will be back “on steroids” in 2023, creator and host John Brenkus told [[link removed]] Front Office Sports. Here’s a look [[link removed]] at Dallas Cowboys owner Jerry Jones’ $225 million superyacht, which was spotted in Miami after undergoing maintenance in Bravo Eugenia, in St. Maarten. LIV Golf player Patrick Reed’s attorney has threatened [[link removed]] to sue CNN for more than $450 million as well as take legal action against Bob Costas and Bloomberg.

SPONSORED BY NETSUITE

All You Need to Know in 5 Minutes

Start your day with the most important business of sports stories in five minutes or less with Front Office Sports’ The Leadoff [[link removed]].

The podcast features insights from record-breaking earnings reports, investments, stocks, acquisitions, and deals that shake up the conversation in the $614+ billion business of sports.

In today’s episode, by NetSuite [[link removed]], Apple considers bidding for domestic Premier League rights, while Paris Saint-Germain is set to leave its home stadium. Plus, TaylorMade Golf invests in PopStroke, and the FIFA Women’s World Cup has already sold more than 500,000 tickets.

Listen daily on Apple Podcasts [[link removed]], Spotify [[link removed]], or Google Podcasts [[link removed]].

What to Watch What to Watch

Catch the best tennis players in the world compete in the first Grand Slam of the 2023 season.

Watch the Australian Open from Melbourne Park with no chance of a repeat champion following the retirement of Ashleigh Barty and Mackenzie McDonald’s upset over Rafael Nadal.

How to Watch: 7 p.m. ET on ESPN+ / Stream all of the Australian Open on ESPN+ [[link removed]]*

Refer Friends, Win Merch

Ready to rep your favorite newsletter? Refer your friends and colleagues to Front Office Sports and you could win FOS merchandise.

It’s easy to spread the word. Copy and paste your unique link below and share it in an email or on your timeline

Referral Count: 0

Copy your invite link: [link removed] [[link removed]]

Or share on social media: DISCLAIMER

*Sponsored Content

Advertise [[link removed]] Awards [[link removed]] Learning [[link removed]] Video [[link removed]] Podcasts [[link removed]] Pro [[link removed]] Written by Abigail Gentrup [[link removed]], Owen Poindexter [[link removed]], Justin Byers [[link removed]] Edited by Matthew Tabeek [[link removed]], Brian Krikorian [[link removed]]

If this email was forwarded to you, you can subscribe here [[link removed]].

Update your preferences [link removed] / Unsubscribe [link removed]

Copyright © 2023 Front Office Sports. All rights reserved.

80 Pine Street Suite 3202 New York, NY 10005
Screenshot of the email generated on import

Message Analysis