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Qatar sovereign wealth fund buys stake in Washington NBA, NHL and WNBA teams
Associated Press ^ | June 22, 2023 | Stephen Whyno

Posted on 06/22/2023 4:54:49 PM PDT by ConservativeStatement

Qatar’s sovereign wealth fund is buying a roughly 5% stake in the parent company of the NBA’s Washington Wizards, NHL’s Washington Capitals and WNBA’s Washington Mystics as part of a $4.05 billion deal, a person with knowledge of the sale said Thursday.

The person spoke to The Associated Press on condition of anonymity because the agreement between the Qatar Investment Authority and Monumental Sports & Entertainment had not been announced.

(Excerpt) Read more at baltimoresun.com ...


TOPICS: Sports
KEYWORDS: qatar; sports; washington

1 posted on 06/22/2023 4:54:49 PM PDT by ConservativeStatement
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To: ConservativeStatement

Then the people of Qatar should sue them for malpractice. :)


2 posted on 06/22/2023 4:57:07 PM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: ConservativeStatement

They can buy the teams but they can only rent Congress and the president.


3 posted on 06/22/2023 4:59:41 PM PDT by KarlInOhio (Democrats' version of MAGA: Making America the Gulag Archipelago )
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To: ConservativeStatement

Anyone else remember the Beirut Petrodollar Penguins?


4 posted on 06/22/2023 5:25:29 PM PDT by wny
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To: ConservativeStatement

It would seem appropriate that an outfit named “Gutter” would buy into lowly DC sports teams...


5 posted on 06/22/2023 5:54:29 PM PDT by SuperLuminal (Where is the next Sam Adams when we so desperately need him)
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To: ConservativeStatement

The WNBA’s Washington Mystics are a money pit. By all means keep pouring money down that toilet. /spit


6 posted on 06/22/2023 6:17:52 PM PDT by Flavious_Maximus (Tony Fauci will be put on death row and die of COVID!)
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To: ConservativeStatement

There goes the “pepperoni” pizza


7 posted on 06/22/2023 7:36:58 PM PDT by Travelin’ Right (Liberals ruin Everything)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...

8 posted on 06/23/2023 7:19:11 AM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: SunkenCiv

Domination ..


9 posted on 06/23/2023 8:52:54 AM PDT by Conservat1
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To: ConservativeStatement

Oil rich nations, can’t find places to invest all their money.

Trump was right, allow America to supply energy and use the profits to pay down the debt.


10 posted on 06/23/2023 8:54:41 AM PDT by 1Old Pro
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To: Conservat1

Then why did they buy a WNBA team?


11 posted on 06/23/2023 10:09:04 AM PDT by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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