03har schreef op 25 mei 2025 14:31:
Synopsis: Aditya Mittal, CEO of steel giant ArcelorMittal, has agreed to invest $1 billion in the Boston Celtics acquisition deal, potentially becoming the second-largest stakeholder in the record-breaking $6.1 billion team purchase led by William Chisholm.
Indian Steel Magnate Enters Elite Sports Ownership Circle
The landscape of professional sports ownership continues its dramatic evolution as Aditya Mittal, CEO of global steel behemoth ArcelorMittal
, has committed a staggering $1 billion investment toward the acquisition of the Boston Celtics. According to reports from Sportico and Bloomberg, this substantial financial commitment positions Mittal to become the second-largest stakeholder in one of basketball's most storied franchises. The development marks a significant milestone in the diversification of NBA ownership, bringing one of India's most powerful industrial families into the upper echelons of American sports ownership. Mittal's entry into this exclusive circle reflects the growing trend of cross-border investment in premier sports properties, as international business leaders increasingly view elite teams as both prestigious holdings and sound financial investments with global brand potential.
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03haR