89Football
| ISIN | 🆔 |
|---|---|
| Industry | Sports |
| Founded 📆 | May 2015 |
| Founder 👔 | |
| Headquarters 🏙️ | Manchester |
Area served 🗺️ | |
| Owners | City Football Group William Hill Limited |
| Members | |
Number of employees | 300（2020） |
| 🌐 Website | 89cfg |
| 📇 Address | |
| 📞 telephone | |
89Football, abbreviated as 89FB, is a sports investment company[1] based in Manchester, United Kingdom.[2] It was co-founded in May 2015 by City Football Group and William Hill Limited.[3] The company mainly provides football-related products and services to users, including football clubs, academies, and technical support.[4] Its main products are 89Football APP and 89Football website.[5]
City Football Group and William Hill Limited are the two main investors in 89FB, with the former holding a 70% stake and the latter a 30% stake.[1] CFG, the controlling shareholder of 89FB, which was founded in May 2013,[6] operates and manages several football clubs,[7] including Manchester City F.C. and New York City F.C.,[8] received $500 million in financing from Silver Lake on November 27, 2019.[9] Its second largest shareholder is William Hill, founded in 1934,[10] which was previously listed on the London Stock Exchange and a constituent of the FTSE 250 Index.[11]
History[edit]
The predecessor of 89Football entered the football industry in 2011 and its franchise business is focuses on football.[12]
In May 2015, City Football Group and William Hill Asia, a subsidiary of William Hill Limited, jointly established 89Football, which officially penetrated the Asian market in the same year.[13]
References[edit]
- ↑ 1.0 1.1 "89Football is 6 years old". Ta Kung Pao. 2021-11-01. Archived from the original on 2021-11-22. Unknown parameter
|url-status=ignored (help) - ↑ "Sports investment service provider 89FB entered its 6th year of existence". International Daily News. November 12, 2021. Archived from the original on 2021-11-23. Unknown parameter
|url-status=ignored (help) - ↑ "Investment logic in the sports industry". Ta Kung Pao. November 16, 2021. Archived from the original on 2021-12-31. Unknown parameter
|url-status=ignored (help) - ↑ "About 89Football". 89cfg.com. Retrieved 2021-12-31.
- ↑ "89Football implements "mobile-first" strategy". International Daily News. 2021-11-19. Archived from the original on 2021-11-22. Unknown parameter
|url-status=ignored (help) - ↑ "Manchester City teams up with Qualtrics for fan experience management". Computer Weekly.
- ↑ "Manchester City owners target more clubs and global growth". The Week. 2018-10-11.
- ↑ Tariq Panja. "Manchester City Owner Sells $500 Million Stake to U.S. Investor". The New York Times. November 27, 2019.
- ↑ Jackson, Jamie (November 27, 2019). "Manchester City owner sells 10% share for £389m to US private equity firm". The Guardian.
- ↑ Sandler, Kathy (2009-10-19). "William Hill Sees Margins Bouncing Back". The Wall Street Journal.
- ↑ Denton, Jack (September 30, 2020). "Caesars Agrees $3.7 Billion Deal to Buy William Hill. It's A Good Bet…". Barron's. Archived from the original on 2021-11-29.
- ↑ "89Football". 89cfg.com. Archived from the original on 2021-10-24. Unknown parameter
|url-status=ignored (help) - ↑ Huangren Wang (2021-10-28). "89Football deeply layouts Asian market". China Business Herald. Archived from the original on 2021-11-01. Unknown parameter
|url-status=ignored (help)
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