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Frank McCourt-backed Premier Jumping League raises £37m from first team sale

The Premier Jumping League has raised $50m (£38m) from the first sale of a team in the Frank McCourt-backed equestrian startup.

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The Premier Jumping League has raised $50m (£38m) from the first sale of a team in the Frank McCourt-backed equestrian startup.

That outsized price tag is an outlier among startup and early-stage leagues, especially considering the Premier Jumping League hasn’t yet debuted.