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Why Apollo Is Looking at Funding Football Transfer Deals
Why Apollo Is Looking at Funding Football Transfer Deals

Bloomberg

time4 days ago

  • Business
  • Bloomberg

Why Apollo Is Looking at Funding Football Transfer Deals

A battle for talent among Europe's top football teams is igniting a debt market using the players' transfer fees as collateral. With spending on players smashing $5 billion this summer, this business model is becoming so big it's moving beyond niche financiers to start drawing the largest names in the world of private lending. 'Certainly it's an area we're involved in, we think is interesting — we think it represents compelling risk reward,' said Tristram Leach, head of Europe credit at Apollo, in a Bloomberg Radio interview. (Source: Bloomberg)

Apollo Ready to Jump on Europe's Defense, AI Deals, Leach Says
Apollo Ready to Jump on Europe's Defense, AI Deals, Leach Says

Bloomberg

time4 days ago

  • Business
  • Bloomberg

Apollo Ready to Jump on Europe's Defense, AI Deals, Leach Says

Apollo Global Management Inc. is aiming to invest in artificial intelligence, defense and infrastructure in Europe, where trillions in spending is needed, its co-head of European credit Tristram Leach said in a Bloomberg TV interview. The New-York based firm thinks the continent requires $18 trillion in investment to catch up in these areas, so that means private market funds will play a significant role alongside public markets and banks, he said.

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