European League of Football touches down with $10m-plus funding boost

2 weeks ago 14

The caller proprietor of Leyton Orient Football Club is among the caller investors ploughing millions of pounds into a European strand of American shot successful a woody to beryllium announced arsenic soon arsenic this week.

Sky News has learnt that Goal Line Sports - which is controlled by David Gandler, who precocious bought League One Leyton Orient - is 1 of 3 strategical investors backing the enlargement of the European League of Football (ELF).

The different caller investors are 885 Capital, whose sports portfolio includes the caller Baller League, and Oakvale Ventures, the concern limb of sports advisory radical Oakvale.

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Sources said the caller circular of backing was worthy much than $10m, with reports suggesting that Mr Gandler plans to get a caller ELF franchise successful London.

ELF, which is present successful its 5th season, consists of 16 teams, including the Madrid Bravos, Paris Musketeers, and Frankfurt Galaxy.

Media rights to the tourney person been sold successful North America, South America, Africa, and Europe, with 101 games being broadcast each season.

This year's Championship-deciding contention volition instrumentality spot connected September 7 astatine Stuttgart's MHP Arena.

The caller investors are understood to person been drawn to ELF by the accidental to entree a European marketplace comprising 500m people, with involvement successful American shot said to beryllium growing.

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Total attendances past twelvemonth deed much than 470,000.

The ELF did not respond to respective requests for comment.

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