Our system detected that your browser is blocking advertisements on our site. Please help support FoxesTalk by disabling any kind of ad blocker while browsing this site. Thank you.
Jump to content
Hitesh

Jay Z and Arsenal

Recommended Posts

Taken from a US site so bare with it....

Jay-Z In Talks To Purchase Stake In London Soccer Team

By EbenGregory

Date: 10/9/2005 3:53 pm

In a move to expand his increasing business empire, Jay-Z is said to be reportedly in talks to buy a piece of the famed London soccer team, Arsenal FC.

Jay-Z (real name Shawn Carter) has purportedly been in negotiations with Arsenal front office brass to purchase a big stake in the London squad.

Originally a team of munitions workers from southeast London before moving to north London, the Arsenal’s aka the “Gunners†have won 13 English league titles and ten F.A. cups.

Now under the guidance of Frenchman Arsène Wenger, it is potentially entering a second golden age as one of Europe's most exciting attacking teams.

If cemented, the deal would be another successful business notch under the Brooklyn entrepreneur’s belt.

Known for his business acumen, Jay-Z has currently enjoying a string of fruitful business deals as of late.

He is currently developing his own S. Carter high-end clothing line, and in the spring he introduced a collaboration with Swiss luxury-watch maker Audemars Piguet.

In addition, Carter’s Rocawear clothing brand is generating some $400 million a year in sales. (Carter and partners recently bought out co-founder Dash for an estimated $25 million.)

Although Carter has mainly orchestrated his deals behind the scenes, his business accomplishments have not gone unnoticed.

The business community recognized Jay-Z’s savvy earlier this year when he was received the British GQ’s International Man of the Year award.

He also was recently featured on the cover of the well-respected financial business magazine, Fortune.

Link

Link to comment
Share on other sites

Jay-Z is also a part owner of the New Jersey Nets basketball team, whose value is about to skyrocket when they complete their move into Brooklyn within the next few years.

If his investment in Arsenal is anything like any business move he's made over the last few years, he'll make a lot of money.

Can't knock the hustle. :D

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...