Liberty Global (LBTYA) Submits Bid for London-Based Basketball Franchise

Liberty Global Ltd. (NASDAQ:LBTYA) is one of the 8 Best Holding Company Stocks to Invest In Now.

On April 6, 2026, Liberty Global Ltd. (NASDAQ:LBTYA) was reported to have submitted an offer to acquire a London-based franchise that would be part of a new European basketball league being developed by the U.S. National Basketball Association. According to a Sky News report, the company made its bid ahead of a recent deadline and is exploring a potential partnership with MSP Sports Capital or Jahm Najafi, one of MSP’s founders, for the NBA Europe franchise.

Earlier in April, Bloomberg reported that Liberty Global has engaged Goldman Sachs to arrange a sale of a stake in Belgian network company Wyre. Sources said the 50% stake could be valued at around EUR 1B and may draw interest from infrastructure funds and private equity firms.

Liberty Global (LBTYA) Submits Bid for London-Based Basketball Franchise

Last month, Liberty Blume, the company’s tech-enabled back-office solutions provider, appointed Ian Larkin as CEO to lead its next phase of growth. Larkin brings over 25 years of experience across consultancy, financial services, technology, and global operations, and most recently served as CEO of TopSource Worldwide. Liberty Blume, launched at the end of 2024, provides outsourced back-office functions and is part of Liberty Growth, which focuses on investments across technology, media, sports, infrastructure, and services.

Liberty Global Ltd. (NASDAQ:LBTYA) provides broadband, video, telephony, and mobile communication services to residential and business customers in Europe.

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