Institutional investors take to the pitch

There’s a new club coming to women’s professional football in the United States. Next season will see the debut of Bay FC, out of northern California. Aly Wagner, a former player on the US women’s national team, explains how she helped get the club off the ground with an investment model that has never been used in US professional sports before. We explore how this funding model could change the landscape for American sports. You’ll also hear from the FT’s US sports business correspondent Sara Germano about whether this very European model is moving across the pond.

Plus, do you have your own burning questions about business or finance? Send us your questions and we may use them in a future show.

Record a voice message here: https://sayhi.chat/rmc2b

Or, email Michela at [email protected], or message her on Twitter at @mtindera07

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For further reading:

Sixth Street commits $125mn to buy new US women’s football club

Why investors are cashing in on women’s sport

What private equity means for football

UK women’s football needs ‘strategic’ investor to sustain growth

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On Twitter, follow Sara Germano (@germanotes), Saffeya Ahmed (@saffeya-ahmed) and Michela Tindera (@mtindera07)

Read a transcript of this episode on FT.com

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Release date

Lydbog: 2. august 2023