| Morning all, Craig McGlashan on Europe Wire duty from the London newsroom. We start with a deeper look at what the European Court of Justice’s ruling on soccer transfer fees could mean for private equity investment in the sport, a subject we touched on earlier in the week. PE investment strategies could be ‘significantly’ impacted, one banker tells me. Next, we look at private equity firms using public markets as exit strategies and what the second postponement of MCH-backed Europastry’s listing means for IPOs. Finally, we feature a report from KKR on why the private equity firm is bullish on Asian investments. Game over? A European Court of Justice ruling on the soccer transfer market “has the potential to significantly impact investment strategies” for private equity firms that have been snapping up teams, Harsh Talikoti, a senior vice president in Houlihan Lokey’s corporate valuation advisory services team, told me. Read more in the premium version of the Wire. I’ll be publishing a deep dive into the ramifications of the ruling for private equity soon. If you’d like to contribute or be interviewed for the piece, get in touch with me at craig.m@pei.group Turbulence MCH Private Equity will have to wait to exit frozen bakery business Europastry after the company postponed its planned IPO for a second time. Find out more as well as our analysis of whether the IPO market is open for private equity firms in the premium version of the Wire. Asia play KKR is bullish on Asia across its strategies of private equity, infrastructure, real estate and credit, according to a ‘Thoughts From the Road’ report from Henry H McVey, head of global macro and asset allocation, and Changchun Hua, chief economist for Greater China. Read more in the premium version of the Wire. PE Hub’s Irien Joseph will be publishing a feature on Indian private equity dealmaking in the coming weeks. You can send any comments on the country’s market to her at irien.j@pei.group That’s a wrap for me. Rafael Canton will be in the US chair later today and I’ll write to you again with the Europe Wire tomorrow. Cheers, Craig Read the full Wire commentary on PE Hub ... | 