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|| Middle East investor eye National Basketball Association franchises

nba-middleeast-investor.jpgAn unnamed Middle East investor has approached NBA commissioner last month to buy one of four NBA franchises - Financial Times is reporting.

No deal has been reached so far, but the NBA commissioner David Stern says the takeover of some of the 30 NBA franchises by overseas investors is inevitable. (It is estimated that LA Lakers and the New York Knicks are worth more than $1 billion, and the NBA is expected to generate $5.5 billion in revenues this season.)

To see listing and contact emails of investors from the Middle East, check our Middle East Investors Directory

More details from Financial Times here.



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Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.


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