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Street Talk

Melbourne Storm’s owners tap Jefferies to sell partial stake

The owners of rugby league club Melbourne Storm have drafted investment bank Jefferies to run a capital-raising effort as they seek to upgrade the team’s headquarters and training base and finalise a new centre of excellence.

Street Talk understands a partial stake in the 27-year-old NRL club, chaired by wagering entrepreneur and executive chairman of Betr Entertainment Matthew Tripp, is up for sale.

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