Goldman Sachs Offers Exclusive Sports Team Ownership Opportunity to Wealthy Clients

1 min read
Source: The Wall Street Journal
Goldman Sachs Offers Exclusive Sports Team Ownership Opportunity to Wealthy Clients
Photo: The Wall Street Journal
TL;DR Summary

Goldman Sachs is offering its wealthy clients the opportunity to invest in professional sports teams, aiming to tap into the growing interest in sports as an asset class. The investment bank has created a new unit within its wealth management division to facilitate these deals, allowing clients to buy minority stakes in teams across various sports leagues. This move comes as sports franchises continue to increase in value, making them an attractive investment option for high-net-worth individuals.

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