Celtics co-owner Steve Pagliuca on sports teams as investments

Why would the Boston co-governor want another sports franchise in his portfolio of investments if he already has the Celtics?

When news broke that another popular European football team (that’s soccer to you barbarians) was up for sale, it was no great stretch of the imagination to wonder whether Steve Pagliuca, Boston Celtics co-owner, might be interested in buying the ball club.

That’s because Pagliuca already owns one European football club — Italy’s Atalanta — and has been connected to the sale of several other such clubs in recent years. Why would the Boston co-governor want another sports franchise in his portfolio of investments if he already has the Celtics?

The man himself recently made an appearance on Indian English language news channel WION to explain why he sees sports teams as wise investments, as well as all that goes into such a perspective.

Take a look at the clip embedded above to hear their talk in full.

Listen to the “Celtics Lab” podcast on:

Apple Podcasts: https://apple.co/3zBKQY6

Spotify: https://spoti.fi/3GfUPFi

YouTube: https://bit.ly/3F9DvjQ

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