Joint Ventures

Joint ventures are often practical vehicles for sports-based businesses, investors, and even sports franchises. By agreeing to create a new entity, businesses can reach greater economies of scale by synergizing their skills, technologies, and financial resources. Joint ventures give businesses a greater opportunity to take market share and influence industry trends, in addition to increased corporate agility and speed to market. Additionally, sports teams may set up joint ventures with large banks, private equity firms, or companies to form regional sports networks, in-house concessionaires, or arena management groups. With specialized knowledge of sports finance, Park Lane is fully capable of advising sports industry clients in creating lasting and successful joint ventures.