Tsangs Group and John Textor's Family Office Join Forces once again for Global Investments in Entertainment, Sports and Media

Tsangs Group, an innovation-focused family office that bridges East and West, and the family office of entertainment technology pioneer John Textor have signed a partnership agreement to jointly invest globally in entertainment, sports, and media. Tsangs Group Chairman Patrick Tsang will act as a strategic advisor to John Textor for the Middle East and Southeast Asia, also providing specific counsel relating to his leadership interest in Eagle Football Holdings Ltd.

Eagle Football Holdings Ltd. is a family of global football organisations with top-tier clubs and elite academies based in Lyon, London, Brussels, Florida and Rio De Janeiro. This includes a Multi Football Club Strategy along with a planned listing of Eagle Football Holdings Ltd. on the New York Stock Exchange (NYSE) in 2024.

The reunion of Tsangs Group and John Textor is yet another opportunity to build on the success of their past collaboration, such as the enormously successful development of FaceBank Group, its acquisition of fuboTV Inc. in early 2020, and the IPO of the combined companies later that same year. Reaching a market capitalisation of more than $8 billion in late 2020, the NYSE-listing of Facebank/fuboTV proved to be among the most successful public offerings of 2020.

"Tsangs Group is excited and looking forward to continuing to work with our good friend and partner, John Textor in entertainment, sports and media. He is a leader in this space and every time we have worked together, the outcome has been successful for all parties concerned," said Patrick Tsang, Chairman of Tsangs Group.

"We are delighted to strengthen our cooperation with Tsangs Group that has been so fruitful in recent years as Patrick always puts the excellence and uniqueness of any project first, and he has built a business network in Asia and the Middle East like no other," said John Textor.

John Textor, a former Chairman of fuboTV and digital media pioneer, is a key figure in U. S. and global sports, internet business, and a leading innovator in disrupting traditional media business models by merging the latter with hi-tech of the fourth industrial revolution.

About John Textor
John Textor is the majority owner and Chairman of Eagle Football Holdings Ltd., the leading shareholder of Olympique Lyonnais (Lyon, France), Botafogo Futebol (Rio de Janeiro, Brazil), Racing White Daring Molenbeek FC (Brussels, Belgium) and Crystal Palace Football Club (London, UK).

In addition to professional football club ownership, Mr Textor is a globally recognised, pioneer and developer of disruptive technologies, creative content, and digital distribution business models for media, entertainment and the internet. Mr Textor is the retired Executive Chairman (and formerly the largest shareholder) of fuboTV Inc. (NYSE: FUBO), an American streaming television service that focuses primarily on channels that distribute live sports, including NFL, MLB, NBA, NHL, MLS and international soccer, plus news, network television series and movies. Mr Textor previously served as Executive Chairman, CEO and Head of Studio of Facebank Group, Inc., a developer of digital human likeness for celebrities and consumers, which acquired fuboTV Inc. in April 2020. Facebank Group, Inc. formally changed its name to fuboTV Inc. in August 2020. In October 2020, fuboTV listed on the New York Stock Exchange, ultimately reaching a peak market valuation of more than $8 billion, becoming one of the most successful IPOs of 2020.

For more information please visit: https://www.johntextor.org/

About Eagle Football Holdings
Eagle Football is a family of global football organisations with top-tier clubs and elite academies based in Lyon, London, Brussels, Florida and Rio De Janeiro. Its clubs collaborate to maximise competitive advantage through access to their global network of talent.

For more information please visit: https://www.eaglefootball.com/

Tsangs Group
Room 6801, 68th Floor, The Center, 99 Queen's Road Central, Central Hong Kong

Christine Tang
Tel: +852 2361 3829
christine.tang@tsangsgroup.co

About Tsangs Group
Tsangs Group is an innovation-focused family office that bridges East and West. Our mission is to invest in global opportunities in technology which create a positive impact to make our world a better place.

Headquartered in Hong Kong, Tsangs Group has direct investments across the world, we seek out positive impact investments that reflect our values of innovation, sustainability, and togetherness. From artificial intelligence to biotech to renewables, we are always investigating, analysing, and supporting the cutting edge of global innovation and development.

For more information, please visit: https://tsangsgroup.co/

This release was published on openPR.