Clifford Chance advises Sela on innovative boxing promotion platform with TKO Group Holdings

Clifford Chance has advised global operator of sports, entertainment and live experiences Sela on its multi-year partnership with TKO Group Holdings (TKO) to establish an innovative boxing promotion platform for leading boxers and prospects in the sport.

Clifford Chance acted as legal advisor to Sela on the transaction, with Private Equity M&A partner Neil Barlow leading the Clifford Chance team, supported by associate Eric Schaffer, with partner Brian Concklin and counsel Ulrich Pfeffer and Santiago Roca Arribas providing antitrust advice. The team drew on support of our Riyadh-based AS&H Clifford Chance team led by partner and Corporate Head Majid Al-Sheikh, partner Daniel Royle and associate Omar Alharbi. The Clifford Chance and AS&H Clifford Chance teams acted in collaboration with Sela’s General Counsel Majed Alqahtani and Head of Investment & Litigation Legal Affairs Mohammed Khattab.

Barlow said, “We’re delighted to have collaborated with colleagues from New York, Washington, DC, Dusseldorf and Riyadh to support Sela on this new platform. This is a great reflection of the global reach of our Global Entertainment & Sports Group.”

Dr. Rakan Alharthy, managing director and CEO of Sela commented, “This partnership between Sela, and TKO will turn the page on a new chapter in boxing history. Together, we will elevate the sport to new heights and redefine the fan experience for a worldwide audience. The promotion will create a sustainable future for boxing and reinforce Sela’s position as a powerhouse in global sports and entertainment.”