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[QUOTE="NJCuse97, post: 5304619, member: 5058"]
Not sure I am the best (I'm an architect with experience in a private real estate investment/development organization). That said, my best guess is first and most simply, professional sports franchises pretty consistently increase in value as do the TV deals associated with them.

[MEDIA=reddit]billsimmons/comments/1buy37f[/MEDIA]

This is true of the NFL

[URL unfurl="true"]https://www.cnbc.com/2024/09/05/rising-nfl-valuations-massive-returns-for-owners.html[/URL]

Part of it is the brand/merchandising, part of it is the gate and broadcast revenue, and part of it is the physical assets. Bruce Ratner (Forest City Ratner) bought the NJ Nets so that he could relocate them to Brooklyn. He wanted to do so in large part because he saw the physical presence of the franchise as a value add to his proposed housing project that would surround the arena and establish the area as a destination, dramatically increasing the real estate value of the project.

[URL unfurl="true"]https://en.wikipedia.org/wiki/Bruce_Ratner[/URL]

And EPL is another example of 'good investment'

[URL unfurl="true"]https://www.port.ac.uk/news-events-and-blogs/blogs/academic-expertise/why-america-is-buying-up-the-premier-league-and-what-it-means-for-the-future-of-soccer[/URL]
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