NBA offers $3bn sweetener for European basketball league bids
US league looks to reassure potential team owners over slow path to profits
US league looks to reassure potential team owners over slow path to profits

Private equity groups and football clubs invited to submit bids to own a team in the new competition

Basketball association appoints US bank and Raine as it seeks to exploit growing interest in the sport across the continent

US sports team valuations are dwarfing those of European football clubs as investors are drawn to closed league model

Europe must finally grasp the opportunity to develop the single currency as a reserve asset

Chair of Global Sport Group sets out plans for expansion and new advisory board of top athletes

Investors hunt for winners in market that for years has lagged behind Wall Street’s rally