CVC-backed Global Sports Group raids WBD as Allera reunites with Georgiou

Friday 30 October 2026 10:42 am | Updated: Friday 30 October 2026 11:33 am

Global Sport Group, the vehicle for CVC’s investments in football, rugby union and tennis, has poached Andrew Georgiou from Warner Bros Discovery to be its CEO.

The move sees Georgiou, who led TNT Sports’ entry into the UK as president of WBD Sports Europe, reunite with GSG chair Marc Allera, who was CEO of BT’s consumer division when it entered a joint venture with WBD in 2022.

“Andrew is an exceptional leader and exactly the kind of CEO appointment that reflects our ambition for GSG,” said Allera.

“He combines deep knowledge of global sport with a proven track record of building businesses, developing major partnerships and creating commercial value to reinvest for the benefit of fans, athletes and other stakeholders.

“His decision to join also speaks to the scale of the opportunity for GSG. We are building much more than a portfolio of great sports businesses: our aim is to create a group that can bring genuinely differentiated expertise and capabilities to our partner leagues to help them accelerate their revenue growth.”

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GSG’s portfolio includes CVC’s investments in LaLiga and Ligue 1, the Spanish and French football leagues, the Six Nations, Prem Rugby and the United Rugby Championship, the WTA women’s tennis tour, Volleyball World and Equine Network.

“GSG is a hugely exciting opportunity. We have a portfolio of outstanding sports businesses, the backing of CVC and an ambition to build something genuinely differentiated in global sport,” said Georgiou, who will take the role in early 2027.

“There is a significant opportunity to accelerate the value GSG can bring to its portfolio partners, combining expertise, relationships and capabilities across sport, media and technology, to help these leagues realise even more of their potential for the benefit of fans and players.

“I’ve spent much of my career at the intersection of sport, media, audiences and commercial growth, and I’m incredibly excited to bring that experience to GSG and lead the Group through its next phase.”