{"id":567940,"date":"2020-12-13T03:57:35","date_gmt":"2020-12-13T03:57:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/nassef-wants-a-bigger-piece-of-the-knicks-rangers\/"},"modified":"2020-12-13T03:57:35","modified_gmt":"2020-12-13T03:57:35","slug":"nassef-wants-a-bigger-piece-of-the-knicks-rangers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/nassef-wants-a-bigger-piece-of-the-knicks-rangers\/","title":{"rendered":"Nassef wants a bigger piece of the Knicks + Rangers"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Nassef Sawiris plans to up his stake in owner of New York Knicks, Rangers: <\/strong>Sawiris\u2019 family office NNS Holding is aiming to increase their stake in Madison Square Garden Sports (MSGS) to 6.3% from a current 5%, NNS Holding revealed in a <a href=\"https:\/\/sec.report\/Document\/0001315863-20-000985\/sc_13g_madison.htm\">regulatory filing<\/a>. In addition to the famed sports arena of the same name, MSGS owns the basketball team New York Knicks as well as hockey\u2019s New York Rangers. The move will make Sawiris one of the three largest shareholders in the company, reports <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-12-11\/billionaire-sawiris-builds-stake-in-owner-of-knicks-rangers?sref=mmeFTDW1\">Bloomberg<\/a>. This comes as MSGS saw their shares fall 15% this year as the pandemic forced the NBA and NHL to end their seasons with empty stadiums. Sawiris also has investments in sporting-goods maker Adidas and English football club Aston Villa.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nassef Sawiris plans to up his stake in owner of New York Knicks, Rangers: Sawiris\u2019 family office NNS Holding is aiming to increase their stake in Madison Square Garden Sports (MSGS) to 6.3% from a current 5%, NNS Holding revealed in a regulatory filing. In addition to the famed sports arena of the same name, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":567941,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7363],"tags":[72,7128,3388,709,162],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch","tag-enterpriseam","tag-ma-watch","tag-nassef-sawiris","tag-new-york","tag-sports","wpautop","entry"],"acf":{"mongo_id":"deef226b-d8a7-494c-8a32-be23e34400e6","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/12\/217.jpg","photo_position":"above","related_issue":[567930],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nassef wants a bigger piece of the Knicks + Rangers - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/nassef-wants-a-bigger-piece-of-the-knicks-rangers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nassef wants a bigger piece of the Knicks + Rangers\" \/>\n<meta property=\"og:description\" content=\"Nassef Sawiris plans to up his stake in owner of New York Knicks, Rangers: Sawiris\u2019 family office NNS Holding is aiming to increase their stake in Madison Square Garden Sports (MSGS) to 6.3% from a current 5%, NNS Holding revealed in a regulatory filing. In addition to the famed sports arena of the same name, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/nassef-wants-a-bigger-piece-of-the-knicks-rangers\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-13T03:57:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/217.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/nassef-wants-a-bigger-piece-of-the-knicks-rangers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/nassef-wants-a-bigger-piece-of-the-knicks-rangers\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Nassef wants a bigger piece of the Knicks + Rangers\",\"datePublished\":\"2020-12-13T03:57:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/nassef-wants-a-bigger-piece-of-the-knicks-rangers\/\"},\"wordCount\":133,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/nassef-wants-a-bigger-piece-of-the-knicks-rangers\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/217.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"M&amp;A Watch\",\"Nassef Sawiris\",\"New York\",\"sports\"],\"articleSection\":[\"M&amp;A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/nassef-wants-a-bigger-piece-of-the-knicks-rangers\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/nassef-wants-a-bigger-piece-of-the-knicks-rangers\/\",\"name\":\"Nassef wants a bigger piece of the Knicks + Rangers - 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The blank-check company will sell 60\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/30.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":564707,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/sawiris-getting-closer-to-a-real-good-roi\/","url_meta":{"origin":567940,"position":4},"title":"Sawiris getting closer to a real good ROI","author":"enterpriseam admin","date":"22 February 2021","format":false,"excerpt":"Nassef Sawiris is on board with a USD 4.7 bn takeover offer for Signature Aviation, the private jet operator in which he holds a 7.41% stake, Bloomberg reports, citing a statement from Sawiris\u2019 investment arm NNS Holding. 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