<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"><channel><title>RMF Insights</title><link>https://rightsandmediafunding.com/insights/</link><description>Reviews of notable financing across the sport.</description><item><title>Manchester United: $550m of secured notes pushes maturities out to 2031</title><link>https://rightsandmediafunding.com/insights/manchester-united-550m-secured-notes/</link><guid>https://rightsandmediafunding.com/insights/manchester-united-550m-secured-notes/</guid><description>A US private placement replaces cheaper notes a year before they fall due.</description></item><item><title>CVC's Global Sport Group: a reported €3.7bn of new capital at the portfolio level</title><link>https://rightsandmediafunding.com/insights/cvc-global-sport-group-3-7bn/</link><guid>https://rightsandmediafunding.com/insights/cvc-global-sport-group-3-7bn/</guid><description>Debt and preferred equity are now being raised against a portfolio of sports rights.</description></item><item><title>AC Milan: a reported €550m refinancing replaces a seller's loan with institutional credit</title><link>https://rightsandmediafunding.com/insights/ac-milan-550m-refinancing/</link><guid>https://rightsandmediafunding.com/insights/ac-milan-550m-refinancing/</guid><description>Private credit takes out the vendor financing from the club's 2022 sale.</description></item><item><title>Premier League: a squad cost ratio replaces the old sustainability rules</title><link>https://rightsandmediafunding.com/insights/premier-league-squad-cost-ratio/</link><guid>https://rightsandmediafunding.com/insights/premier-league-squad-cost-ratio/</guid><description>From 2026/27, squad spending is tied directly to revenue.</description></item><item><title>Atlético de Madrid: Apollo Sports Capital becomes majority shareholder</title><link>https://rightsandmediafunding.com/insights/atletico-madrid-apollo-sports-capital/</link><guid>https://rightsandmediafunding.com/insights/atletico-madrid-apollo-sports-capital/</guid><description>A large alternative manager takes control of a LaLiga club, with existing investors staying in.</description></item><item><title>Football Governance Act 2025: a statutory regulator arrives</title><link>https://rightsandmediafunding.com/insights/football-governance-act-2025/</link><guid>https://rightsandmediafunding.com/insights/football-governance-act-2025/</guid><description>The top five tiers of the men's game in England now have an independent regulator.</description></item><item><title>MotoGP: a €4.3bn valuation for a global commercial rights holder</title><link>https://rightsandmediafunding.com/insights/motogp-liberty-media-4-2bn/</link><guid>https://rightsandmediafunding.com/insights/motogp-liberty-media-4-2bn/</guid><description>Liberty Media adds a second motorsport series after a long regulatory review.</description></item><item><title>Ligue 1 and DAZN: what happens when a rights contract breaks</title><link>https://rightsandmediafunding.com/insights/ligue-1-dazn-rights-reset/</link><guid>https://rightsandmediafunding.com/insights/ligue-1-dazn-rights-reset/</guid><description>A five-year domestic deal ended after one season, and the league went direct to consumers.</description></item><item><title>Everton: £350m private placement for a new stadium</title><link>https://rightsandmediafunding.com/insights/everton-350m-stadium-private-placement/</link><guid>https://rightsandmediafunding.com/insights/everton-350m-stadium-private-placement/</guid><description>Long-term institutional notes replace short-term construction funding.</description></item><item><title>Inter Milan: when a secured loan became a change of control</title><link>https://rightsandmediafunding.com/insights/inter-milan-oaktree-change-of-control/</link><guid>https://rightsandmediafunding.com/insights/inter-milan-oaktree-change-of-control/</guid><description>A lender with share security becomes the owner of an Italian champion.</description></item><item><title>Bundesliga: the €1bn deal that did not happen</title><link>https://rightsandmediafunding.com/insights/bundesliga-dfl-abandoned-investor-deal/</link><guid>https://rightsandmediafunding.com/insights/bundesliga-dfl-abandoned-investor-deal/</guid><description>Clubs approved the process, then fan protests stopped it.</description></item><item><title>Premier League: a record £6.7bn domestic rights cycle</title><link>https://rightsandmediafunding.com/insights/premier-league-6-7bn-domestic-rights/</link><guid>https://rightsandmediafunding.com/insights/premier-league-6-7bn-domestic-rights/</guid><description>The largest sports media rights deal in UK history, and the income much of English football borrows against.</description></item><item><title>FC Barcelona: €1.45bn to rebuild the Camp Nou</title><link>https://rightsandmediafunding.com/insights/barcelona-camp-nou-1-45bn/</link><guid>https://rightsandmediafunding.com/insights/barcelona-camp-nou-1-45bn/</guid><description>One of the largest stadium financings in European sport, repaid from future revenue.</description></item><item><title>WTA: $150m for 20% of a new commercial company</title><link>https://rightsandmediafunding.com/insights/wta-cvc-150m/</link><guid>https://rightsandmediafunding.com/insights/wta-cvc-150m/</guid><description>The women's tennis tour separates its commercial rights from its regulation of the sport.</description></item><item><title>FC Barcelona: selling 25% of LaLiga TV income for 25 years</title><link>https://rightsandmediafunding.com/insights/barcelona-sixth-street-la-liga-tv-rights/</link><guid>https://rightsandmediafunding.com/insights/barcelona-sixth-street-la-liga-tv-rights/</guid><description>Two sales to Sixth Street turn future broadcast income into cash today.</description></item><item><title>Real Madrid: €360m for a share of the Bernabéu's new businesses</title><link>https://rightsandmediafunding.com/insights/real-madrid-bernabeu-360m/</link><guid>https://rightsandmediafunding.com/insights/real-madrid-bernabeu-360m/</guid><description>Capital and an operator come together around income that did not yet exist.</description></item><item><title>Ligue 1: €1.5bn for 13% of a new media company</title><link>https://rightsandmediafunding.com/insights/ligue-1-cvc-lfp-media-1-5bn/</link><guid>https://rightsandmediafunding.com/insights/ligue-1-cvc-lfp-media-1-5bn/</guid><description>French football follows Spain into league-level private capital.</description></item><item><title>LaLiga: the €2bn deal that opened league-level private capital in European football</title><link>https://rightsandmediafunding.com/insights/laliga-cvc-2bn/</link><guid>https://rightsandmediafunding.com/insights/laliga-cvc-2bn/</guid><description>A 50-year agreement that set the template for what followed.</description></item><item><title>Six Nations: up to £365m for a one-seventh share</title><link>https://rightsandmediafunding.com/insights/six-nations-cvc-365m/</link><guid>https://rightsandmediafunding.com/insights/six-nations-cvc-365m/</guid><description>A private equity investor joins six rugby unions as an equal shareholder.</description></item><item><title>Serie A: the €1.7bn media company that fell apart</title><link>https://rightsandmediafunding.com/insights/serie-a-cvc-1-7bn-collapsed/</link><guid>https://rightsandmediafunding.com/insights/serie-a-cvc-1-7bn-collapsed/</guid><description>Unanimous approval in November, blocked by seven clubs three months later.</description></item></channel></rss>
