Jul 16, 2026 – 6.10pmThe owners of rugby league club Melbourne Storm have drafted investment bank Jefferies to run a capital-raising effort as they seek to upgrade the team’s headquarters and training base and finalise a new centre of excellence.Street Talk understands a partial stake in the 27-year-old NRL club, chaired by wagering entrepreneur and executive chairman of Betr Entertainment Matthew Tripp, is up for sale.Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Angira Bharadwaj is a co-editor of Street Talk. She covers IPOs, capital raises, mergers and acquisitions and other breaking news in Australia’s capital markets. Previously, she covered financial services, state, and federal politics. Send tips to @angirab.60 on encrypted messaging platform Signal.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Melbourne Storm’s owners tap Jefferies to sell partial stake
The investment bank is currently running point on negotiations with several potential bidders.
200 words~1 min read
