Orioles sale: The complicated 31-year ownership tenure of Peter Angelos baltimoresun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baltimoresun.com Daily Mail and Mail on Sunday newspapers.
Thirty-one years ago, Peter G. Angelos was his hometown’s hero — a tavern owner’s son who came of age in working-class Highlandtown, built a legal empire and used his fortune to purchase the Orioles. By all accounts, Angelos cared less about the mechanics of baseball than he did about restoring local ownership for a cherished civic institution. He knew how deeply the Colts had wounded his city .
Mixed martial arts investment latest example of Saudi Arabia's foray into global sports lasvegassun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lasvegassun.com Daily Mail and Mail on Sunday newspapers.
LAS VEGAS Saudi Arabia s most recent venture into the global sports scene purchasing a stake in the Professional Fighters League is yet another example of the oil-rich kingdom using athletics to increase its influence.
Saudi Arabia's most recent venture into the global sports scene — purchasing a stake in the Professional Fighters League — is yet another example of the oil-rich kingdom using athletics to increase its influence. The purchase was relatively modest — $100 million according to the Financial Times — but even in a minority role, Saudi-backed SRJ Sports Investments ensured mixed-martial arts events will take place in that country. The agreement also allows the PFL, which uses a regular season and playoff format more common to team sports, to encroach into the UFC's Middle East territory.