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Liberty Media will be world’s most valuable sports empire by 2023, study says

Delbert Williams IIBy No Comments2 Mins Read

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F1’s parent company, Liberty Media, has been ranked by Forbes as the world’s most valuable ‘sports empire’ in 2023, with the group that also owns the Atlanta Braves and SiriusXM valued at US$20.8 billion.

Verified:

  • Kroenke Sports & Entertainment, which owns the Arsenal of the Premier League, the Los Angeles Rams of the National Football League (NFL), the Denver Nuggets of the National Basketball Association (NBA) and the Colorado Avalanche of the National Hockey League (NHL), is valued at $12.75 billion. It was leaked.
  • Jerry Jones comes in third, his empire built around the Dallas Cowboys, worth US$11.32 billion.
  • Fenway Sports Group (FSG) and Madison Square Garden (MSG) Sports complete the top five, with valuations of $10.4 billion and $9.17 billion, respectively.
  • The US$5.96 billion City Football Group (CFG) was the highest ranked non-American sports conglomerate on the list.
  • The Glazer family, which owns English football giants Manchester United and the NFL’s Tampa Bay Buccaneers, ranks eighth in sports assets worth $7.53 billion.
  • Taken together, the value of the top 25 sports groups increased by 23% from 2022, reaching a total of US$173 billion.

environment:

World motorsport circuits and the International Automobile Federation (FIA) after it emerged that Saudi Arabia’s Public Investment Fund (PIF) was considering buying the series in a deal worth more than US$20. Forbes’ valuation of US$17.1 billion is timely amid controversy with a billion. Liberty Media rejected that approach, but that marquee he would be delighted to see the property’s value appear to be increasing.

Then comes:

Last year’s announcement that Liberty would spin off the Braves means the group is well-positioned to sell its Major League Baseball (MLB) franchise once the listing is complete. Forbes has valued the 2021 World Series champion at US$2.1 billion.

Many of the sports ownership groups on this list are looking to sell their properties within the next year. FSG said he put Liverpool up for sale in November and the Glazer family are also considering selling United.

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Born in the early 80s in Milwaukee, Wisconsin, Delbert Williams II has always had a passion for writing. Even in high school, he earned excellent grades in English and writing classes. After attending John Marshall High School, he graduated from Project Stay Alternative High School in Milwaukee. From there, Delbert attended Milwaukee Area Technical College, where he studied music and communications. While he enjoyed these fields, his love for writing remained strong. In 2019, Delbert founded Hard Stack Street Mag, a publication that quickly gained a following for its unique and engaging content. As the founder and editor-in-chief of the magazine, he has worked tirelessly to produce quality articles that cover a wide range of topics, including music, art, culture, and politics. Now 42 years old, Delbert continues to pursue his passion for writing and journalism. Through Hard Stack Street Mag, he has created a platform that allows him to share his voice and perspective with readers from all over the world. With a strong background in writing and a deep understanding of the power of storytelling, Delbert Williams II is a writer to watch. He is dedicated to producing content that is both informative and engaging, and he is committed to using his platform to shine a light on important issues that are often overlooked by mainstream media.

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