Latest news with #Fertitta
The Irish Sun
11-07-2025
- Business
- The Irish Sun
Sheff Wednesday in advanced takeover talks with sports businessman who is Donald Trump ally and US ambassador in Italy
SHEFFIELD WEDNESDAY are in advanced talks with an American sports businessman called Tilman Fertitta. The wealthy Yank is also the United States ambassador in Italy after making his fortune with various ventures. Advertisement 4 Sheffield Wednesday are in advanced talks with American sports businessman Tilman Fertitta 4 Wednesday owner Dejphon Chansiri is under significant pressure amid the club's financial crisis Fertitta, 68, has been in talks for weeks but has now made an offer to The cost of the deal is being kept secret and will be subject to the usual due diligence phase. Fertitta may lodge cash to help settle some bills in the short term as the process is bound to take weeks. But he seems a far more credible candidate than many who have chased the Yorkshire club ownership. Advertisement READ MORE IN FOOTBALL Fertitta has a basketball team in Houston, is an ally of Donald Trump and is seen as a leading expert and business and sport. Chansiri says he is willing to sell the club to 'the right individual, or group, to take it forward'. Wednesday, who finished 12th last season, are in dire straits financially. The Owls are currently restricted by a triple transfer embargo due to unpaid player wages and HMRC bills . Advertisement Most read in Football 4 Fertitta is an ally of Donald Trump CASINO SPECIAL - BEST CASINO BONUSES FROM £10 DEPOSITS The club's after six stars reportedly handed in notices , with Chansiri refusing to inject any more cash into the coffers. Manager Advertisement And unpaid Wednesday players are raging after being left out of pocket for several months. Sheffield Wednesday crisis deepens as players free to resign, club legend leaves and staff going months without pay SunSport exclusively revealed how upset stars Wednesday are now 4 Danny Rohl remains absent from the Owls' pre-season amid the ongoing transfer embargo Credit: Getty Advertisement
Scottish Sun
11-07-2025
- Business
- Scottish Sun
Sheff Wednesday in advanced takeover talks with sports businessman who is Donald Trump ally and US ambassador in Italy
Wednesday have been handed three separate embargoes OWLS EYED Sheff Wednesday in advanced takeover talks with sports businessman who is Donald Trump ally and US ambassador in Italy Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) SHEFFIELD WEDNESDAY are in advanced talks with an American sports businessman called Tilman Fertitta. The wealthy Yank is also the United States ambassador in Italy after making his fortune with various ventures. Sign up for Scottish Sun newsletter Sign up 4 Sheffield Wednesday are in advanced talks with American sports businessman Tilman Fertitta 4 Wednesday owner Dejphon Chansiri is under significant pressure amid the club's financial crisis Fertitta, 68, has been in talks for weeks but has now made an offer to Wednesday owner Dejphon Chansiri. The cost of the deal is being kept secret and will be subject to the usual due diligence phase. Fertitta may lodge cash to help settle some bills in the short term as the process is bound to take weeks. But he seems a far more credible candidate than many who have chased the Yorkshire club ownership. READ MORE IN FOOTBALL TOP GUNN Madueke jetting home from Chelsea's Club World Cup squad just days before final Fertitta has a basketball team in Houston, is an ally of Donald Trump and is seen as a leading expert and business and sport. Chansiri says he is willing to sell the club to 'the right individual, or group, to take it forward'. Wednesday, who finished 12th last season, are in dire straits financially. The Owls are currently restricted by a triple transfer embargo due to unpaid player wages and HMRC bills. 4 Fertitta is an ally of Donald Trump CASINO SPECIAL - BEST CASINO BONUSES FROM £10 DEPOSITS The club's financial crisis deepened after six stars reportedly handed in notices, with Chansiri refusing to inject any more cash into the coffers. Manager Danny Rohl hasn't returned to pre-season training and is seeking a way out of his contract amidst interest from other clubs. And unpaid Wednesday players are raging after being left out of pocket for several months. Sheffield Wednesday crisis deepens as players free to resign, club legend leaves and staff going months without pay SunSport exclusively revealed how upset stars have asked the EFL to send them money. Wednesday are now banned from buying players until 2027.
Yahoo
01-07-2025
- Business
- Yahoo
Houston group not giving up on landing WNBA team after missed expansion bid
The WNBA may have announced expansion franchises in three new cities Tuesday but Houston is not giving up on landing a WNBA team. Gretchen Sheirr, the Houston Rockets president of business operations, said that a group led by Tilman Fertitta will continue to pursue a team for the city. Houston bid for a franchise in the recent expansion round but the WNBA decided to award teams to Philadelphia, Detroit and Cleveland instead. Advertisement 'The addition of three WNBA expansion teams is a testament to the trajectory of the league and the excitement surrounding women's basketball,' Sheirr said in a statement. 'While we are disappointed not to have been awarded a team at this time, we remain optimistic about the future. The Houston Comets played a vital role in shaping the league's history, and Houston's passion for basketball remains as strong as ever.' The WNBA will stand at 18 franchises after those three cities come into play by 2030. The league has announced plans for six expansion teams in the past three years. So far, the Golden State Valkyries are the only one to begin play. The Toronto Tempo and a team in Portland will join the league next season. On Monday, commissioner Cathy Engelbert left the door open for more franchises and said Houston was high on that list. 'One of those I wanted to shout out because they have such a strong history in this league, and they're a great ownership group — Houston. … That's the one we have our eye on,' Engelbert said. 'Tilman has been a great supporter of the WNBA, and we'll stay tuned on that.' Advertisement She added, 'Houston would be up next for sure. There might be opportunities there.' Engelbert said having first-class arenas for franchises to play in was important in each of the three cities they selected being awarded teams. Houston would have played its games at the Toyota Center, home of the Rockets. Outside of expansion, there are other opportunities for Fertitta to bring a WNBA team back to Houston. The Connecticut Sun are currently exploring a sale, including one that could bring in a new controlling owner, and Fertitta could choose to take the route of buying the Sun and relocating them to Houston. The city previously had a WNBA team from 1997 to 2008. The Houston Comets won the first four WNBA titles in the league's history and served as its first dynasty. Comets players won four of the first six MVP awards, too. Cynthia Cooper won the award in the league's first two years and Sheryl Swoopes won in 2000 and 2002. Advertisement The Comets disbanded in 2008 after the team's owner could not find a buyer for the franchise. This article originally appeared in The Athletic. Houston Texans, Connecticut Sun, WNBA, Sports Business 2025 The Athletic Media Company
Miami Herald
11-06-2025
- Business
- Miami Herald
Why Tilman Fertitta became Wynn Resorts' top shareholder
The Nevada Gaming Control Board on Wednesday recommended Wynn Resorts Ltd.'s top shareholder and its chief operating officer suitable for licensing in Kirk Hendrick's last meeting as board chair. Board members voted unanimously to recommend Tilman Fertitta suitable as a beneficial shareholder of the company and Brian Gullbrants as an officer. Final approval of licensing is expected by the Nevada Gaming Commission on June 26. Fertitta is owner of Landry's Inc., which controls the Golden Nugget casino franchise and has properties in Las Vegas, Laughlin and Lake Tahoe, is owner of the National Basketball Association Houston Rockets and is Wynn's top shareholder. In April, Fertitta acquired 400,000 shares of Wynn through a company buyback program to bring his total to 13 million, roughly a 12.3 percent stake. In May, Fertitta said he was forging ahead on a Strip project, an as-yet-unnamed 43-story, 2,420-room resort on 6.2 acres on the southeast corner of Las Vegas Boulevard and Harmon Avenue. Later that month, he paused the direct oversight of his business portfolio to take a Trump administration appointment as ambassador to Italy and San Marino. Fertitta, a cousin of Red Rock Resorts executives Frank and Lorenzo Fertitta, was required to resign from his business holdings to comply with federal ethics rules, but is allowed to own shares and collect dividends as a passive investor in Wynn. Fertitta did not attend Wednesday's meeting, and his attorney, Steven Scheinthal, said that on Wednesday Fertitta was moving his possessions to Italy. Scheinthal said Fertitta is unhappy with Wynn's recent stock price and with some of the company's recent management decisions, but believes in the company's investment in a resort in the United Arab Emirates, Wynn Al Marjan Island, which will open in 2027. In the past month, Wynn shares have dipped around $10 a share to Friday's closing price of $84.70 a share. Gullbrants recommended Gullbrants, who opened Encore Boston Harbor for the company in 2019, later moved to Las Vegas and became chief operating officer North America, overseeing both Las Vegas resorts and the Boston operation. Gullbrants, also an officer on the Las Vegas Convention and Visitors Authority board of directors, addressed the many management changes that have occurred at Wynn since former CEO Steve Wynn left the company in 2018. He also stressed the importance of company culture, respect among employees and regulatory compliance. In May, Wynn Resorts was disciplined by the Nevada Gaming Commission with a $5.5 million fine resulting from the discovery of an illegal scheme to recruit high-rolling gamblers through unlicensed money transmitting businesses. Wednesday's meeting was the last one for Hendrick, who announced in January that he planned to step down as chairman at the conclusion of Nevada's 2025 legislative session. In April, it was announced that Mike Dreitzer, former CEO of Gaming Arts LLC, a privately held Las Vegas-based gaming equipment supplier that holds more than 150 gaming licenses, would take the chairman's role in July. Dreitzer also served in the Nevada attorney general's office. Throughout Wednesday's meeting, Hendrick was applauded by applicants and attorneys for the 2½ years he has served as chairman. ___ Copyright (C) 2025, Tribune Content Agency, LLC. Portions copyrighted by the respective providers.
Epoch Times
25-05-2025
- Entertainment
- Epoch Times
Country Singer Zac Brown to Receive Veterans Voice Award at 2025 AMAs
Zac Brown, frontman of the Grammy Award-winning country rock group the Zac Brown Band, has dedicated much of his career to serving veterans. In 2011, the singer-songwriter launched Camp Southern Ground, a retreat center based in Fayetteville, Georgia, that offers a variety of programs for former military personnel and children. He also regularly invites vets on stage during his shows to help raise awareness for the men and women who have risked their lives for this country. Brown's unwavering support of the veteran community hasn't gone unnoticed. On Memorial Day, the 46-year-old musician will be honored at the 2025 American Music Awards with the inaugural Veterans Voice Award, given to artists who have used their platforms to make meaningful, lasting impacts on the lives of veterans. 'This award means a lot to me because of the awareness that it's going to create for our veterans programs,' Brown 'The more people that are aware of how deserving these incredible people are, the more help that we can bring to them,' he added. Related Stories 3/1/2025 2/15/2025 'They're such incredible, dynamic people that make a lot of sacrifices, from their family, the quality of their family life when they return home, their mental wellness, all of those things, so that we can be free and able to be here.' The award will be presented by the Easy Day Foundation, a Las Vegas-based nonprofit founded by Frank Fertitta IV and Landon Gyulay in 2023 that supports veterans in their transition to civilian life. The AMAs, which will air live on May 26 during Military Appreciation Month on CBS and Paramount+, partnered with the organization to highlight the work of former and current military members, all while raising funds for the veteran community. Fertitta told The Epoch Times that presenting the Veterans Voice Award to Brown will be a major highlight of the show. 'We'll also showcase inspiring stories directly from Veterans and active-duty service members, people whose courage defines what this country stands for,' Fertitta said. Viewers can also expect to see 'powerful performances tied into the theme of service, resilience, and unity,' Gyulay added. 'What's most important to us is that Veterans aren't just being talked about, they're being included, front and center. This show is for them. And we hope it sparks a wave of compassion and commitment that lasts far beyond the broadcast.'
