Recapitalizations

If a league, business, or team in the sports industry stands to benefit from altering its capital structure, Park Lane boasts a strong recapitalization business. Recapitalizations can become necessary when an owner hopes to maintain control of an entity while offering a more concrete return to investors. The refinancing involved may entail substituting debt for equity to create tax advantages, shareholder value, liquidity, or flexibility. Whether it best suits our sports finance clients to switch to convertible debt, subordinated debt, or preferred equity, our team can assist in encouraging cash flow-driven recapitalization projects in the short term while not neglecting long-term strategic planning in the meantime.