TGL Golf by SoFi is scheduled to launch in January 2025. New images of TGL’s SoFi Center have recently surfaced, with only a few months remaining.
Shortly after the release of these pictures, Rory McIlroy provided another major update that could steer TGL’s SoFi in the right direction.
McIlroy, the co-owner of TGL Golf, shared a major update through his venture capital firm, Symphony Ventures, which he founded.
Front Sports Office shared a post on X captioning “Rory McIlroy’s Symphony Ventures has
partnered with Brighton Park Capital to infuse $250M into TickPick for a majority ownership stake of the company.”
TickPick is a ticketing marketplace that competes with StubHub, SeatGeek, Vivid Seats Inc., and others.
In light of the recent developments, Brighton Park now holds majority ownership in the company based in New York. Although they didn’t point out anything specific to TGL, McIlroy can use his Symphony Ventures, partnered with Brighton Park, to help TGL too. Meanwhile, a day before this news, Tiger Woods received a first look at the TGL’s holes, as per the TGL Golf website. Considering this news is coming just 24 hours after the latest pictures from the SoFi center Woods now might be hoping for a good start.
The firm now manages $4 billion as per reports from BNN Bloomberg. Besides, Kevin Magan, a partner in the investment firm, articulated more about it in an interview. He said Tickpick is owned by GreyLion and after this update, Brighton Park now owns a minority stake in the company. They even posted the prices that are free of service and other charges. Magan will represent this firm alongside his colleague, Tina Yuan. While this update is significant, it does not mark the end of McIlroy’s investments.
Exploring Other Rory McIlroy Investments
It happened in 2023 when the four-time major champion announced he was investing in team Alpine, which is a Formula 1 team. The Irishman joined the likes of NFL players Patrick Mahomes and Travis Kelce and champion boxer Anthony Joshua after this investment. Surprisingly, he was already interested in F1 and said, “I’ve always had an interest in F1. I’ve always been a fan,” as revealed on the Sports Illustrated Website.
McIlroy, including the aforementioned stars, invested $218 million through private investment firm Otro Capital. Surprisingly, the amount was 24% of the whole Alpine team. The golfer was excited and stated, “I thought it was a really cool opportunity,” while explaining his investment reasons.
Now that he carried out another move with the latest updates of Symphony Ventures, it will be interesting to see how things turn out from here. What do you think of Rory McIlroy’s investments? Feel free to share your thoughts in the comments below!
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Source: Tampa Bay Times