May 17, 2025

Angel City

Investment

Alexis Ohanian is betting on the ‘unrealised potential’ of Chelsea Women with latest investment

When you cover the sports business beat, you hear a lot of jargon — discounted cash flows, enterprise values, revenue multiple — usually from people trying to convince you that the amount they paid for a team is the result of a mathematical equation. An alternative translation: stop asking stupid questions, the number is the

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