Menu
Finance

Irish Side Limerick Owner Seeking To Sell His Shares Due To Financial Burden

League of Ireland Premier Division side Limerick Owner Pat O'Sullivan confirmed he is "seeking to sell some or all of his share due to the financial burden" of running the club, according to RTÉ. Sullivan wants to see the club "eventually qualify for Europe" but said that it will "require investment to maintain a full-time outfit to continually compete in the top half of the league." He added that there is "a financial gap in building the bridge between producing local players and taking Limerick team into European club competition of typically €500,000 ($676,720) per annum." O'Sullivan: "Hence we need to have investors, to include outside investors or strong local commercial support." O'Sullivan revealed he is in discussions with a number of parties (RTÉ, 1/11).

SBJ Morning Buzzcast: May 8, 2024

Start your morning with Buzzcast with Austin Karp: The NFL sets a date for its 2024 schedule release, while also dropping hints that it could soon approve private equity investment in teams; WNBA teams finally land charter flights; the F1 Miami Grand Prix delivers a record on TV; and Elevate lands in Happy Valley.

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2018/01/12/Finance/Limerick-Sale.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2018/01/12/Finance/Limerick-Sale.aspx

CLOSE