The sports gear retailer has disclosed its largest round was led by the NFL and included the MLB, NHL and Paris Saint-Germain, at a $27bn valuation.

Sporting association the National Football League (NFL) has invested $320m to lead a $1.5bn funding round for US-based online sports memorabilia retailer Fanatics at a valuation of $27bn, CNBC reported yesterday.

NFL players’ union The NFL Players Association also took part, as did sporting leagues Major League Baseball (MLB) and National Hockey League (NHL), association football team Paris Saint-Germain, Qatar Investment Authority and private investor Joseph Tsai.

The round had originally been disclosed last month, with media reports identifying investment…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.