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Fortune Oct 20, 2026 • 04:39 PM Football

Lakers, Clippers, Man City: why do so many sports owners have money on both sides of a situation?

It takes a fortune far bigger than any sports team to buy oneand that fortune rarely sits still. Its invested in startups, private holding companies and insurers. This year, three of the richest owne… [+10344 chars]

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This story is credited to Fortune. Author: Joshua Hong. Some news APIs provide excerpts only. Full licensed republication depends on your API/content rights.

Original source: https://fortune.com/2026/10/20/lakers-clippers-manchester-city-scandals-owners/