Josh Harris and David Blitzer acquired controlling interest in Crystal Palace FC, marking a $500M+ entry into English Premier League equity for the American investment duo. The deal positioned HBSE as a credible operator across three major sports properties—NBA (Philadelphia 76ers), NHL (New Jersey Devils), and now EPL—creating a diversified sports asset portfolio with global media rights exposure. cross-sport ownership structures unlock ancillary revenue streams: player development networks, international media packages, and sponsorship bundling across hemispheres that single-league operators cannot access. Palace's 2017-18 valuation roughly 2x the 2015 entry price, validating the PE thesis that Premier League franchises command durable premium multiples despite relegation risk.