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Frank McCourt’s Equestrian League Sells First Franchise for $50M

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

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

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