Kings League raises $63 mln to support global expansion

The Kings League seven-a-side soccer format announced on Tuesday it had raised $63 million from investors led by U.S.-based Alignment Growth to support global expansion projects, taking its total funding since its launch in 2023 to over $160 million, Reuters reported.  “We have proven that our model works at scale. This funding allows us to accelerate our expansion, continue innovating the format and explore strategic M&A opportunities that support our long-term vision,” Kings League CEO Djamel Agaoua said in a statement. Created by former Spain defender Gerard Pique in 2022, the league has regional hubs in European countries including Spain, Germany and France. The investment led by Alignment Growth, a media and entertainment investor, will support its launch in the U.S. following its recent start in Saudi Arabia, according to Reuters.