Joseph Tsai who owns BSE Global the owner of the Brooklyn Nets + New York Liberty + Barclays Center has just sold a 15% stake in the company to Julia Koch for US$870 million, which values the full company at US$5.8 billion.
Between the Brooklyn Nets + New York Liberty + Barclays Center: BSE Global has total annual revenue of US$493.7 million.
BSE Global sold a minority non-controlling 15% stake at a valuation of 11.75X revenue.
Celtic plc (CLTFF) has total annual revenue of US$160.05 million.
This same multiple would value CLTFF at $19.87 per share.
CLTFF is extremely profitable vs. BSE Global losing money.
Celtic Park receives a 5-star rating from 91% of all reviewers (click here to see) vs. Barclays Center receiving a 5-star rating from only 55% of all reviewers (click here to see).
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is meant for informational and educational purposes only and does not provide investment advice.
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