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

Global Sports 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