Buying sports teams has been traditionally as much a labour of love as it has been a business decision, but for ITI Funds, they see football as an opportunity to provide healthy IRRs to their clients. To that end, ITI Funds is launching a football private equity fund which will acquire five teams – to create a portfolio of football assets which they expect to provide a 3x return in the next five to seven years.
Read more in new interview at Alpha Week.