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McCourt Global acquires a 50% interest in Global Champions Tour

Tuesday, 24 June 2014

McCourt Global has acquired a 50% interest in Global Champions Tour. Photo by Stefano Grasso/Longines Global Champions Tour.McCourt Global has acquired a 50% interest in Global Champions Tour through McCourt Sports Limited. McCourt Global was founded in 1977 as The McCourt Company by real estate developer and philanthropist Frank H. McCourt, Jr. who has made the following statement; "Anyone attending a Global Champions Tour event for the first time is not only awed by the extraordinary venues that host the events, they are also struck by the talent, discipline, and pure athleticism required to compete in this beautiful sport at the highest level. The sky is the limit for the sport of showjumping. We look forward to working with Jan and his team to grow the sport for the benefit of all stakeholders, including the riders, the fans, and future equestrians the world over."

"2014 represents a groundbreaking year for Global Champions Tour thanks to exciting new venues such as Paris, Shanghai, and London's Horse Guards Parade Ground close to Buckingham Palace, and a powerful new partner in McCourt Global, an organization that shares my appreciation for the sport and my vision for its future," said Jan Tops, president of Global Champions Tour. "Working together with McCourt Global, we will innovate to bring our Tour and the sport of showjumping to new audiences, new markets, and new heights. We are all very excited by the opportunities that this new partnership with McCourt Global creates."

McCourt Sports Limited is a European operating unit of MG Sports & Media, a McCourt Global business. Frank H. McCourt, Jr was owner and chairman of the Los Angeles Dodgers and Dodger Stadium from 2004–2012.

Global Champions Tour was founded in 2006 by Jan Tops, and is the richest showjumping series in the world as riders compete for over €9 million this year.

Source: mg.com

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