RedBird Capital Partners

US investment firm RedBird Capital Partners is taking a 15-per-cent stake in the Indian Premier League cricket franchise Rajasthan Royals, valuing the team at more than $250m (€209m).

Newly formed sports-oriented SPAC now has two years make an acquisition

The bankrupt XFL has been acquired for $15m by an investment group which includes Hollywood star Dwayne "The Rock" Johnson and American investment firm RedBird Capital Partners

Executive and director teams cut across wide gamut of sports industry

Deal heightens American investor interest in French soccer

Developer of "Madden NFL" franchise keeps key gaming rights through at least 2025

Players unions of NFL, MLB make unprecedented commercial union with private equity firm