New York-based Apollo Global Management is reportedly planning to launch a £3.75bn investment vehicle focused on sport.

New York-based Apollo Global Management is reportedly planning to launch a £3.75bn investment vehicle focused on sport.

The firm , which has around £600bn in assets under management, is set to invest permanent capital into sport for the first time with the new fund.

Having previously held talks with LaLiga club Atletico Madrid about acquiring a stake in the football team’s holding company, Apollo Global Management has also lent £80m to Premier League football club Nottingham Forest – leveraged partly against the club’s City Ground stadium.

The Financial Times reports that the firm also lent football agent Kia Joorabchian’s Sports Invest Holdings £40m at an inte

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