European Football League Secures Major Funding from New Investors

LONDON, UK – The European League of Football (ELF) has secured over $10 million in funding from new investors to expand American football’s presence in Europe. Among the investors is David Gandler, the new owner of Leyton Orient Football Club, who is expected to announce his plans soon.

Sky News has learned that Gandler’s investment firm, Goal Line Sports, is one of three backers supporting ELF’s expansion. The league, now in its fifth season, features 16 teams, including the Madrid Bravos, Paris Musketeers, and Frankfurt Galaxy.

Joining Gandler in this investment round are 885 Capital and Oakvale Ventures, which is the investment arm of sports advisory group Oakvale. Reports indicate that Gandler is looking to acquire a new ELF franchise in London.

The ELF has gained significant traction, with media rights sold across North America, South America, Africa, and Europe. More than 101 games are broadcasted each season, and last year’s total attendance exceeded 470,000.

This year’s Championship game is set for September 7 at Stuttgart‘s MHP Arena. With a market of 500 million people in Europe, the interest in American football is on the rise, attracting new investors.

The ELF declined to comment on the funding deal.