Scudamore appointed to RedBall Acquisition Corp Board

25 Aug 2020

By: Sport Industry Group

Former Premier League Chief Executive Richard Scudamore has been appointed to the board of RedBall Acquisition Corp.

The company, set up by RedBird Capital Founder Gerry Cardinale and Oakland A’s minority shareholder Billy Beane, announced the closing of its initial public offering worth $575 million (£474 million) earlier in August, and will place ‘a focus on professional sports franchises, which complement the management team’s expertise’.

Scudamore was listed on the group’s Board of Directors, which also includes Volkert Doeksen, Deborah Farrington, Professor Richard Thaler and Lewis Wolff.

According to a report in The Athletic, the group will look to invest in European football, with a Premier League club ‘at the top of its wish list’.