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Lionel Messi’s Inter Miami Gets $75 Million Ares Investment

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Ares Management is investing an extra $75 million in Inter Miami CF, the Major League Soccer club that’s riding high following the arrival of superstar Lionel Messi.

Inter Miami will use the money from US-based Ares’s credit group to develop its proposed Miami Freedom Park stadium and fund other growth initiatives, according to a statement on Friday. Ares has now invested $225 million in Inter Miami since 2021.

Inter Miami, currently languishing at the bottom of the MLS Eastern Conference league, has been boosted by the arrival of Messi, considered by many to be the greatest footballer of all time.

Read the full story on Bloomberg here.