# EQT majority stake acquisition of Melbourne Storm

> Live situation record from CLSTR: https://clstr.news/situations/eqt-majority-stake-acquisition-of-melbourne-storm
> Updated: 2026-08-19T18:15:53.000Z. Sources: 3. Developments: 2.

The Melbourne Storm NRL club has announced that the Swedish investment firm EQT will acquire a majority stake in the organization. The deal, valued at approximately $150 million, is currently subject to approval from the Australian Rugby League Commission.

As part of the transition, EQT will join the club’s Board of Directors. To maintain leadership continuity, current chairman Matt Tripp will remain in his position, while chief executive Justin Rodski, head coach Craig Bellamy, and football director Frank Ponissi are expected to continue in their current roles. EQT intends to use its international sporting expertise to drive commercial growth for the club.

## Timeline

### 2026-08-19: Australian sports entities secure new strategic partnerships

La Trobe Financial, EQT, and Banner Asset Management have announced new partnerships with the NFL, Melbourne Storm, and Table Tennis Australia to support various sporting initiatives.

2 sources. https://clstr.news/cluster/australian-sports-entities-secure-new-strategic-partnerships

### 2026-08-19: Melbourne Storm sells majority stake to EQT

The Melbourne Storm has sold a majority stake to Swedish investment firm EQT for a reported $150 million, pending ARLC approval, to drive commercial growth.

2 sources. https://clstr.news/cluster/melbourne-storm-sells-majority-stake-to-eqt

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Cite as: EQT majority stake acquisition of Melbourne Storm. CLSTR, https://clstr.news/situations/eqt-majority-stake-acquisition-of-melbourne-storm