How To Call A Top On Market Valuation: Roger Mitchell Explains
The Meb Faber Show The Meb Faber Show
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 Published On Aug 16, 2024

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Today’s guest is Roger Mitchell, founder of Albachiara, which offers consultancy services and does early stage venture investing, mostly around sports and entertainment. Roger began his career in finance and later became the inaugural Chief Executive of the Scottish Premier League in 1998.

In today’s episode, Roger walks through topics from his new book, Sport’s Perfect Storm: An Industry Now Totally Adrift. Roger explains how the rise of new media platforms, changing demographics, and the increasing importance of gambling and fantasy sports are reshaping the sports industry landscape. He discusses the different origins and business models of American and European sports, and why sport franchises and businesses are such unique assets.

To see links or read the transcript of the episode, visit us at https://www.themebfabershow.com/episo...

(0:56) Roger's background
(2:25) Overview of sports as an asset class
(13:53) The impact of media rights
(25:02) The perfect storm in sports media, consumption shifts, and gambling
(30:27) Trophy assets & CAPM
(37:08) Ownership of sports teams
(41:10) Investment opportunities in sports
(49:18) Demographic trends
(51:07) Differences between American & European sports
(58:12) Children's changing consumption habits
(1:03:32) Comparing live sports experience to TV viewing

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