Urgent.News

What's breaking now, across thousands of outlets.

Culture

Pablo Torre highlights report which names possible ‘real buyer’ behind Los Angeles Lakers’ $12.5 billion sale

The Los Angeles Lakers’ $12. 5 billion sale to Bob Iger and Josh Kushner has raised some eyebrows, and now Pablo Torre has highlighted a report suggesting there is more to the story.

Pablo Torre highlights report which names possible ‘real buyer’ behind Los Angeles Lakers’ $12.5 billion sale

The Los Angeles Lakers, owned by Bob Iger and Josh Kushner, recently sold the majority stake for $12.5 billion, sparking questions about the transaction. Pablo Torre, a prominent sports journalist, has brought attention to a report that suggests a possible Middle Eastern connection. The report, authored by Henry Abbott, speculates that Mubadala Capital, a sovereign wealth fund owned by the government of Abu Dhabi, might be involved in the deal.

Mubadala's managing director and group CEO, Khaldoon Khalifa Al Mubarak, has reportedly been associated with Mark Walter, the current owner of the Lakers. While the report is not definitive, it has raised questions about the origins of the remaining funds in the transaction. As Torre continues to investigate, the implications of this potential Middle Eastern involvement will be closely monitored.

Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at sports.yahoo.com →

More in Culture

More from Wednesday 19 August →