Dear Colleague, We had another busy month of November in the world of elite sports. December is off to a great start and it is a nice way to finish 2021 on a high note. In the world of soccer, the Major League Soccer (MLS) announced the 21 clubs that will compete in its inaugural 2022 season. The MLS is set to have 29 teams by 2023, and a report named Las Vegas as a front-runner for a 30th club by 2024 at the earliest. In Europe, after falling to Bayern Munich 3-0, Barcelona will miss the Champions League knockout stage for the first time since 2003-04. China-based Suning Holdings is also looking to make a fresh attempt to attract new investors in Serie A’s Inter Milan, according to Bloomberg. In the world of pro hockey, the Penguins announced that Fenway Sports Group, a large sports limited liability company based in Boston, bought the NHL team. According to The Athletic's Pierre LeBrun, the sale is expected to close for around $900M.
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