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sportsthejc

Joshua Kushner and Bob Iger buy LA Lakers for £8bn

Joshua Kushner and Bob Iger buy LA Lakers for £8bn
Image: thejc

Kushner was previously reported to be in talks to lead Fifa President Gianni Infantino’s ill-fated plan to sell of stakes in football’s premier tournaments

— thejc

Assessment

A consortium led by Joshua Kushner and Bob Iger has acquired the Los Angeles Lakers for £8 billion, marking one of the largest sports franchise transactions in history. Kushner's involvement follows his earlier reported role in a failed FIFA investment scheme, raising questions about the financial networks behind this deal. The purchase price signals the escalating valuation of premier sports assets globally.

Read full article at thejc →