New York February 25, 2022

Chatsworth Securities LLC has been engaged by a first division soccer European team under the supervision of Alessandro Bianchi, Managing Director at Chatsworth. “American money continues to flow into European soccer,” said Alessandro Bianchi.

Just in 2021 we saw a wide range of deals into European Soccer :

777Partners a Miami-based fund acquired fully ownership of Genoa, Italy’s oldest soccer club,  the company also owns a stake in Sevilla FC, one of Spain’s most prestigious and successful soccer clubs, as well as the London Lions. The Chicago finance and technology company Peak6 has taken a stake in the Premier League’s Wolverhampton Wanderers. PEAK6 is not new to European soccer, the firm has previously owned stakes in AS Roma and AFC Bournemouth. Ares Corporation invested U$ 216.9 million in exchange for 34% of Atletico Madrid in Spain, Ares disclosed that its funds have already invested nearly U$1 billion in sports and related media. The L.A. based fund Oaktree capital has acquired a 31% equity interest in Inter Milan for U$336 million. The New York investment fund MSD Capital has bought the Italian team La Spezia early in 2021, also the Michael Dell management fund owns two other teams in Europe: Sonderjyske Fodbold, which plays in the Danish top flight and Casa Pia AC in Portugal.

The push by US investment firms in the long run is to bet on the DIGITALIZATION of the sport as consumers behavior shift, something that has been accelerated by Covid-19. With fewer fans in the stadiums, soccer teams are looking at DIGITAL content to keep that connection with consumers. Through investment firms and oversea capital, the European teams hope to improve their media production to engage the global audience.

About Chatsworth Securities LLC
Chatsworth Securities LLC is an investment banking firm that has been providing financial advisory services to corporations and entrepreneurs since 1996. Chatsworth advises on both domestic and international M&A transactions, fundraising and capital raises for large and small companies around the globe. Chatsworth has participated as an underwriter in over six hundred public offerings and has raised over $5 billion for traditional and alternative money managers and their funds.

For further information:

Alessandro Bianchi
Managing Director
Chatsworth Securities LLC
abianchi@chatsworthgroup.com

NEW YORK and PARIS, February 9^th, 2022 /PRNewswire/ — Chatsworth Securities LLC will be establishing a representative office in Paris, France, to strengthen its global reach and to facilitate cross-border investment banking transactions between the United States and the European Union. Chatsworth, which was established in 1996, has over 20 Managing Director level investment bankers with a team specializing in technology sectors which include fintech, payments, and green energy.

“Having successfully built a cross-border M&A business between Europe and the US, the firm decided that it was more efficient to have an office in Paris. Furthermore, France and greater Europe have a lot to offer American-based companies and investors. There are great opportunities for acquisitions and US companies can benefit from many advantages offered in France, such as innovation and research tax credits, government grants through subsidized loans, a well-educated labor pool, etc. Furthermore, European companies are well structured with many of the more interesting tech start-ups showing profits on their books,” said Marcus Magarian Managing Director at Chatsworth Securities, and an alumnus of HEC Paris.

“With a presence in France, our firm will be better able to serve European companies that are seeking opportunities to access capital and acquisitions in the USA. In addition, M&A activity in France is quite robust with around 20% of deals closed being cross-border transactions.  Our goal is to become a bridge that will help European companies access U.S. liquidity and opportunities,” said Ralph DiFiore, Senior Managing Director at Chatsworth Securities.

With President Emmanuel Macron’s announcement of the “France 2030” investment plan, France is committing €30 billion ($35-billion USD) to become leaders in technology and renewable energy in Europe. Chatsworth believes European technology opportunities will garner strong interest in the US and elsewhere.

About Chatsworth Securities LLC

Chatsworth Securities LLC is an investment banking firm that has been providing financial advisory services to corporations and entrepreneurs since 1996. Chatsworth advises on both domestic and international M&A transactions, digital transformation and capital raises for large and small companies. Chatsworth has participated as an underwriter in over six hundred public offerings and has raised over $5 billion for traditional and alternative money managers and their funds.

For Further Information:

Chatsworth Securities LLC
Media Contact: Marcus Magarian
Tel. +1 (203) 340-2827 | mmagarian@chatsworthgroup.com

Written By: Hadley DiFiore

Reviewed by: Ralph DiFiore (CCO)

Decentralized finance (DeFi) has been massively successful in disrupting common conceptions about what is and isn’t possible when it comes to financial institutions. Through the use of a blockchain network, the creators of the software seek to eliminate the need for traditional financial institutions like banks. 2021 was a big year for DeFi, with the end-of-year estimated market cap for the top 100 publicly traded coins skyrocketing past the already high prices from the so-called “DeFi summer” of 2020 as they reached almost $175 billion. However, a recent crypto crash has made cryptocurrencies, and DeFi by association, plummet in value.

         As of January 29, more than $1.2 trillion of the digital currency market’s value has been lost since its peak, according to TheStreet. Big names in decentralized finance like Uniswap, Have, and Avalanche are all suffering the effects of the crypto crash, with Uniswap’s value decreasing 77% since may. Growing skepticism and security concerns have fueled DeFi’s decline in value.  

         Additionally, Russia’s proposal to blanket ban cryptocurrencies has had a major impact on the crypto space. As the third-largest Bitcoin mining hub, Russia’s consideration of a crypto ban has sent prices downward as fears about other potential bans heat up. Russia’s concerns about cryptocurrency, such as financial stability risks and potential for illegal use are universal among crypto critics, adding fuel to the fire.

         Concerns about the lack of security and consumer protection in the cryptocurrency space has also sparked a massive sell-off of cryptocurrencies as investors pull their money from the DeFi space and back into traditional assets and currencies. With no central authority to regulate the DeFi ecosystem, hacks and scams have left victims out millions of dollars in bitcoin. Critics say that, in its current state, DeFi “cannot really work without government involvement.” This has led many to question the potential of decentralized finance, at least in the short term.

         In spite of the crash, crypto proponents say that the benefits of cryptocurrency and DeFi outweigh the risks. Many veteran crypto enthusiasts say that the 30% decrease in crypto’s market value is nothing to worry about, given the long-term bull market that’s been in play for years. As of early February 2022, the DeFi market is back on the rise. The price of Ethereum, which serves as a base for most DeFi applications, has risen over 24% since the mid-January crypto crash. Avalanche, a competitor to Ethereum with similar functionality, has begun to rebound as well, hitting a weekly high of $97.01 in the early hours of February 16.

         Concerns over scalability have also begun to be addressed by platforms like Ethereum and Avalanche, with the latter introducing “Subnets” to help ease the strain that increased activity has put on the system. While skeptics are still unsure about the future of crypto, investors have already exhibited that their interest in DeFi spaces is rebounding.

         Despite DeFi and crypto’s losses in early 2022, there is still huge interest in the potential of cryptocurrency. With the values of big names on the rise once again, many proponents say 2022 will be another huge year for decentralized finance and cryptocurrency.

Sources:

https://decrypt.co/93038/avalanche-price-hits-weekly-high-amid-increased-defi-activity

https://www.coinbase.com/price/ethereum

https://cointelegraph.com/news/russian-central-bank-proposes-blanket-ban-on-crypto-mining-and-trading

https://www.thestreet.com/investing/cryptocurrency/metaverse-defi-the-future-of-finance-coins-hit-hard-by-crypto-crash

https://cointelegraph.com/news/3-wildest-theories-explaining-500b-crypto-market-crash

https://www.coingecko.com/en/categories/decentralized-finance-defi

https://www.theglobeandmail.com/business/commentary/article-decentralized-finance-lovers-run-to-centralized-government-when-they/