Liberty Media will be world’s most valuable sports empire by 2023, study says

F1’s parent company, Liberty Media, has been ranked by Forbes as the world’s most valuable ‘sports empire’ in 2023, with the group that also owns the Atlanta Braves and SiriusXM valued at US$20.8 billion.

Verified:

• Kroenke Sports & Entertainment, which owns the Arsenal of the Premier League, the Los Angeles Rams of the National Football League (NFL), the Denver Nuggets of the National Basketball Association (NBA) and the Colorado Avalanche of the National Hockey League (NHL), is valued at $12.75 billion. It was leaked.
• Jerry Jones comes in third, his empire built around the Dallas Cowboys, worth US$11.32 billion.
• Fenway Sports Group (FSG) and Madison Square Garden (MSG) Sports complete the top five, with valuations of $10.4 billion and $9.17 billion, respectively.
• The US$5.96 billion City Football Group (CFG) was the highest ranked non-American sports conglomerate on the list.
• The Glazer family, which owns English football giants Manchester United and the NFL’s Tampa Bay Buccaneers, ranks eighth in sports assets worth $7.53 billion.
• Taken together, the value of the top 25 sports groups increased by 23% from 2022, reaching a total of US$173 billion.

environment:

World motorsport circuits and the International Automobile Federation (FIA) after it emerged that Saudi Arabia’s Public Investment Fund (PIF) was considering buying the series in a deal worth more than US$20. Forbes’ valuation of US$17.1 billion is timely amid controversy with a billion. Liberty Media rejected that approach, but that marquee he would be delighted to see the property’s value appear to be increasing.

Then comes:

Last year’s announcement that Liberty would spin off the Braves means the group is well-positioned to sell its Major League Baseball (MLB) franchise once the listing is complete. Forbes has valued the 2021 World Series champion at US$2.1 billion.

Many of the sports ownership groups on this list are looking to sell their properties within the next year. FSG said he put Liverpool up for sale in November and the Glazer family are also considering selling United.