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India’s only para cyclist at CWG 2026 seeks coach’s accreditation, fears missing Games  Sixteen-year-old Lisha Das, India’s lone para cyclist for the upcoming Commonwealth Games, is fearing the possibility of missing the multi-sport event after her coach was not accredited while a Cycling Federation of India (CFI) official was instead designated to accompany her in Glasgow.Lisha, who qualified for the Glasgow CWG through continental rankings in the women’s C5 category, has written multiple e-mails to the Indian Olympic Association (IOA), Paralympic Committee of India (PCI), CFI, the Sports Secretary and the Union Sports Ministry seeking accreditation for her personal coach, Aditya Mehta.The teenager, who has a deformity in her right hand, alleged that she was repeatedly asked to obtain a parental consent letter with CFI Executive Member K Dattatraya as her coach for the Games.“Neither my parents, my coach nor I were ever informed that Mr K Dattatraya had been appointed as my accompanying official,” she wrote in an e-mail in possession of PTI.“I am a minor female para athlete. Mr K Dattatraya should not be designated as my accompanying official. I require a female escort and a medical support professional.“Initially, I was repeatedly asked to sign a consent letter stating that Mr K Dattatraya would accompany me as my coach for the Commonwealth Games.” She said she declined to do so as Dattatraya was never his coach.“The coach who has trained me throughout my journey and guided me to qualify for the Commonwealth Games is Mr. Aditya Mehta.ALSO READ | Initially named in Indian CWG contingent, para swimmer Nandakumar now declared ineligible by organisers“However, without my knowledge or consent, his name was never recommended,” Lisha wrote in one of her e-mails.She said that, being a minor athlete, she should be allowed to travel with the coach who understands both her sporting and medical requirements.“Being a minor athlete, I have repeatedly requested to be accompanied by the coach who has trained me, understands my sporting and medical requirements, and has prepared me throughout this journey.“Unfortunately, despite several representations, my genuine concerns have not been addressed,” she wrote.However, personal coaches have not been included by the Sports Ministry in the Indian contingent for the Glasgow CWG.As reported by        PTI in March this year, the ministry had made it clear that “demonstrable contribution” and “regular association” to an athlete’s growth would be assessed in case of request for personal coaches but they would not be allowed over an above the sanctioned contingent even at no cost to government.Lisha said Mehta was willing to bear his own expenses and was seeking only the accreditation required to accompany her in an official capacity.“My coach is ready to travel entirely at his own expense. I am only requesting that he be granted accreditation so that he can accompany me in an official capacity,” she said.ALSO READ | India’s 126-strong squad for Glasgow-2026 CWGShe alleged that the CFI recommended Dattatraya’s name.“The Cycling Federation of India recommended the name of Mr. Dattatraya to the Paralympic Committee of India as my coach, despite the fact that he was not the coach who trained me or prepared me for qualification.“This decision caused me immense distress and left me feeling unheard as an athlete,” she wrote.“If I am unable to participate with the coach who has prepared me, it will be extremely difficult for me and my family to proceed with confidence.” CFI Secretary General Maninder Singh denied that the federation had recommended any coach’s name.“We have not given any name. The long list for the Commonwealth Games was sent by PCI and CFI doesn’t have a role in that,” he told PTI.However, in an e-mail on Monday, CFI wrote that it had recommended a panel of three support staff members, including Mehta and Dattatraya.“This is with reference to the trailing mail and our communication dated July 10, 2026, wherein it was submitted that Mr K Dattatraya was not recommended by the Cycling Federation of India (CFI) as the personal coach for Ms Lisha Das, a para-cyclist,” the CFI wrote in an e-mail on Monday evening.“However, we wish to clarify that in the long list of team support staff submitted by your esteemed office to the Indian Olympic Association (IOA), the following officials were recommended as team support staff: Mr Ramesh Pandi, Mr Aditya Jitendra Kumar Mehta and Mr Katkam Dattatraya,” the CFI said in its response to the PCI in the e-mail which was also marked to the IOA.The PCI, meanwhile, maintained that it merely forwarded the names received from the concerned National Sports Federation.“CFI governs para cycling and IOA is leading the Commonwealth Games, so it’s between them and the federation,” PCI Secretary General Jayawant Gundu Hamanawar told        PTI.Published on Jul 14, 2026  #Indias #para #cyclist #CWG #seeks #coachs #accreditation #fears #missing #Games

India’s only para cyclist at CWG 2026 seeks coach’s accreditation, fears missing Games

Sixteen-year-old Lisha Das, India’s lone para cyclist for the upcoming Commonwealth Games, is fearing the possibility of missing the multi-sport event after her coach was not accredited while a Cycling Federation of India (CFI) official was instead designated to accompany her in Glasgow.

Lisha, who qualified for the Glasgow CWG through continental rankings in the women’s C5 category, has written multiple e-mails to the Indian Olympic Association (IOA), Paralympic Committee of India (PCI), CFI, the Sports Secretary and the Union Sports Ministry seeking accreditation for her personal coach, Aditya Mehta.

The teenager, who has a deformity in her right hand, alleged that she was repeatedly asked to obtain a parental consent letter with CFI Executive Member K Dattatraya as her coach for the Games.

“Neither my parents, my coach nor I were ever informed that Mr K Dattatraya had been appointed as my accompanying official,” she wrote in an e-mail in possession of PTI.

“I am a minor female para athlete. Mr K Dattatraya should not be designated as my accompanying official. I require a female escort and a medical support professional.

“Initially, I was repeatedly asked to sign a consent letter stating that Mr K Dattatraya would accompany me as my coach for the Commonwealth Games.” She said she declined to do so as Dattatraya was never his coach.

“The coach who has trained me throughout my journey and guided me to qualify for the Commonwealth Games is Mr. Aditya Mehta.

ALSO READ | Initially named in Indian CWG contingent, para swimmer Nandakumar now declared ineligible by organisers

“However, without my knowledge or consent, his name was never recommended,” Lisha wrote in one of her e-mails.

She said that, being a minor athlete, she should be allowed to travel with the coach who understands both her sporting and medical requirements.

“Being a minor athlete, I have repeatedly requested to be accompanied by the coach who has trained me, understands my sporting and medical requirements, and has prepared me throughout this journey.

“Unfortunately, despite several representations, my genuine concerns have not been addressed,” she wrote.

However, personal coaches have not been included by the Sports Ministry in the Indian contingent for the Glasgow CWG.

As reported by PTI in March this year, the ministry had made it clear that “demonstrable contribution” and “regular association” to an athlete’s growth would be assessed in case of request for personal coaches but they would not be allowed over an above the sanctioned contingent even at no cost to government.

Lisha said Mehta was willing to bear his own expenses and was seeking only the accreditation required to accompany her in an official capacity.

“My coach is ready to travel entirely at his own expense. I am only requesting that he be granted accreditation so that he can accompany me in an official capacity,” she said.

ALSO READ | India’s 126-strong squad for Glasgow-2026 CWG

She alleged that the CFI recommended Dattatraya’s name.

“The Cycling Federation of India recommended the name of Mr. Dattatraya to the Paralympic Committee of India as my coach, despite the fact that he was not the coach who trained me or prepared me for qualification.

“This decision caused me immense distress and left me feeling unheard as an athlete,” she wrote.

“If I am unable to participate with the coach who has prepared me, it will be extremely difficult for me and my family to proceed with confidence.” CFI Secretary General Maninder Singh denied that the federation had recommended any coach’s name.

“We have not given any name. The long list for the Commonwealth Games was sent by PCI and CFI doesn’t have a role in that,” he told PTI.

However, in an e-mail on Monday, CFI wrote that it had recommended a panel of three support staff members, including Mehta and Dattatraya.

“This is with reference to the trailing mail and our communication dated July 10, 2026, wherein it was submitted that Mr K Dattatraya was not recommended by the Cycling Federation of India (CFI) as the personal coach for Ms Lisha Das, a para-cyclist,” the CFI wrote in an e-mail on Monday evening.

“However, we wish to clarify that in the long list of team support staff submitted by your esteemed office to the Indian Olympic Association (IOA), the following officials were recommended as team support staff: Mr Ramesh Pandi, Mr Aditya Jitendra Kumar Mehta and Mr Katkam Dattatraya,” the CFI said in its response to the PCI in the e-mail which was also marked to the IOA.

The PCI, meanwhile, maintained that it merely forwarded the names received from the concerned National Sports Federation.

“CFI governs para cycling and IOA is leading the Commonwealth Games, so it’s between them and the federation,” PCI Secretary General Jayawant Gundu Hamanawar told PTI.

Published on Jul 14, 2026

#Indias #para #cyclist #CWG #seeks #coachs #accreditation #fears #missing #Games

Sixteen-year-old Lisha Das, India’s lone para cyclist for the upcoming Commonwealth Games, is fearing the possibility of missing the multi-sport event after her coach was not accredited while a Cycling Federation of India (CFI) official was instead designated to accompany her in Glasgow.

Lisha, who qualified for the Glasgow CWG through continental rankings in the women’s C5 category, has written multiple e-mails to the Indian Olympic Association (IOA), Paralympic Committee of India (PCI), CFI, the Sports Secretary and the Union Sports Ministry seeking accreditation for her personal coach, Aditya Mehta.

The teenager, who has a deformity in her right hand, alleged that she was repeatedly asked to obtain a parental consent letter with CFI Executive Member K Dattatraya as her coach for the Games.

“Neither my parents, my coach nor I were ever informed that Mr K Dattatraya had been appointed as my accompanying official,” she wrote in an e-mail in possession of PTI.

“I am a minor female para athlete. Mr K Dattatraya should not be designated as my accompanying official. I require a female escort and a medical support professional.

“Initially, I was repeatedly asked to sign a consent letter stating that Mr K Dattatraya would accompany me as my coach for the Commonwealth Games.” She said she declined to do so as Dattatraya was never his coach.

“The coach who has trained me throughout my journey and guided me to qualify for the Commonwealth Games is Mr. Aditya Mehta.

ALSO READ | Initially named in Indian CWG contingent, para swimmer Nandakumar now declared ineligible by organisers

“However, without my knowledge or consent, his name was never recommended,” Lisha wrote in one of her e-mails.

She said that, being a minor athlete, she should be allowed to travel with the coach who understands both her sporting and medical requirements.

“Being a minor athlete, I have repeatedly requested to be accompanied by the coach who has trained me, understands my sporting and medical requirements, and has prepared me throughout this journey.

“Unfortunately, despite several representations, my genuine concerns have not been addressed,” she wrote.

However, personal coaches have not been included by the Sports Ministry in the Indian contingent for the Glasgow CWG.

As reported by PTI in March this year, the ministry had made it clear that “demonstrable contribution” and “regular association” to an athlete’s growth would be assessed in case of request for personal coaches but they would not be allowed over an above the sanctioned contingent even at no cost to government.

Lisha said Mehta was willing to bear his own expenses and was seeking only the accreditation required to accompany her in an official capacity.

“My coach is ready to travel entirely at his own expense. I am only requesting that he be granted accreditation so that he can accompany me in an official capacity,” she said.

ALSO READ | India’s 126-strong squad for Glasgow-2026 CWG

She alleged that the CFI recommended Dattatraya’s name.

“The Cycling Federation of India recommended the name of Mr. Dattatraya to the Paralympic Committee of India as my coach, despite the fact that he was not the coach who trained me or prepared me for qualification.

“This decision caused me immense distress and left me feeling unheard as an athlete,” she wrote.

“If I am unable to participate with the coach who has prepared me, it will be extremely difficult for me and my family to proceed with confidence.” CFI Secretary General Maninder Singh denied that the federation had recommended any coach’s name.

“We have not given any name. The long list for the Commonwealth Games was sent by PCI and CFI doesn’t have a role in that,” he told PTI.

However, in an e-mail on Monday, CFI wrote that it had recommended a panel of three support staff members, including Mehta and Dattatraya.

“This is with reference to the trailing mail and our communication dated July 10, 2026, wherein it was submitted that Mr K Dattatraya was not recommended by the Cycling Federation of India (CFI) as the personal coach for Ms Lisha Das, a para-cyclist,” the CFI wrote in an e-mail on Monday evening.

“However, we wish to clarify that in the long list of team support staff submitted by your esteemed office to the Indian Olympic Association (IOA), the following officials were recommended as team support staff: Mr Ramesh Pandi, Mr Aditya Jitendra Kumar Mehta and Mr Katkam Dattatraya,” the CFI said in its response to the PCI in the e-mail which was also marked to the IOA.

The PCI, meanwhile, maintained that it merely forwarded the names received from the concerned National Sports Federation.

“CFI governs para cycling and IOA is leading the Commonwealth Games, so it’s between them and the federation,” PCI Secretary General Jayawant Gundu Hamanawar told PTI.

Published on Jul 14, 2026

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Expanding technology and resale options were supposed to make obtaining tickets to sporting events easier than ever, but instead it’s become a hellscape. Scalpers dominate online platforms, ensuring that desirable events sell out immediately, causing local sports fans to miss out unless they’re willing to pay exorbitant prices for fear of missing out.

It’s now been revealed that one of the biggest stakeholders in online ticket sales is helping fund the very people ruining ticket sales for sports fans. An investigative report by the CBC uncovered information inside StubHub’s IPO filing from last November, which revealed that CEO Eric Baker also runs a hedge fund which scalps tickets, and provides funding to scalpers.

When asked for comment, StubHub reiterated its public-facing comment that the company doesn’t own or hold any tickets itself.

“StubHub does not own, possess, or sell tickets. We are a technology platform that connects independent buyers and sellers. (Think: eBay).”

This comment conveniently ignores that some of these “independent buyers” are being directly aided by the CEO of the company. Of course, the devil is in the details. Nobody is accusing StubHub of owning the tickets for their own sale, but it’s now clear that the top of the company is heavily invested in inflating its own marketplace. We discussed this fundamental issue late in the NBA and NHL playoffs, with how reselling sites like StubHub have a vested interest in scalpers, because their percentage-based resale fees are better for the company when event tickets soar — while also giving them multiple bites of the apple if the tickets are sold multiple times on the platform.

Baker, the StubHub CEO, reportedly is a large stakeholder in “Andro Capital,” a hedge fund based out of Los Angeles, which offers loan funding to large scale ticket purchasing operates which have the express purpose of buying tickets and reselling them for profit on platforms like StubHub.

Filing documents for Andro Capital show the hedge fund was formed in March of 2024, 18 months before StubHub announced it was going public in an IPO filing. In that filing to the SEC StubHub revealed its deep relationship with Andro, including this key detail from 2024:

On April 15, 2024, as part of our ongoing relationship with Andro, we entered into an agreement with the Andro Fund under which we agreed to cover certain costs incurred by Andro in connection with ticket management services.

StubHub was not required to divulge the totality of this agreement with Andro Fund, but having the company “cover certain costs incurred” raises mammoth red flags. That theoretically means that the hedge fund could have waived reselling feels on the seller side of the transaction, thereby incentivizing the fund to scalping operations. In short, the business flow could look like this:

  1. A scalping group has capital to buy massive amounts of tickets
  2. Rather than invest themselves, it’s better to invest their money in Andro to do the buying, because they have an agreement with StubHub to cover some of their expenses
  3. Andro profits off the inflated ticket sales
  4. StubHub benefits through massively inflated prices, which they profit off through buyer fees

That’s not all. The filing also lists “Colloquy LLC,” a subsidiary of Andro Capital, which serves as a loan servicing arm for tickets sellers — offering financing to mass buy tickets, which they resell on StubHub directly.

Under the terms of the Program Agreement, we refer certain of our sellers to Colloquy for the opportunity to enter into separate financing arrangements with Colloquy. Under such arrangements, it is anticipated that Colloquy may provide short-term financing to sellers based on those sellers’ existing and/or future expected proceeds generated through ticket sales on our platform.

Not only is Andro Capital its own ticket buyer, but it also runs an arm of the company that gives funding to sellers, based on referrals from StubHub itself. Essentially, the entire scalping business is fully intertwined with StubHub, from the CEO being involved in a large-scale seller AND offering funding to sellers.

The only person who loses out in this whole transaction are sports fans. The consumers who use the platform are being held hostage by ticket prices, which fundamentally wouldn’t be inflated to the same level without the input of StubHub. This is all legal from the SEC’s perspective due to a lack of oversight when it comes to hedge funds. There are few other industries in which a publicly traded company could be legally allowed to price fix to the level that is happening on StubHub, while trying to pretend with its public face that it’s just a platform for fans to sell to other fans.

There should be an immediate investigation into ticket pricing, as well as outlawing the kinds of predatory practices designed to inflate the wealth of StubHub and Andro Capital at the expense of consumers.

#StubHubs #CEO #helping #fund #biggest #ticket #scalpers">StubHub’s CEO is helping fund the biggest ticket scalpers  Expanding technology and resale options were supposed to make obtaining tickets to sporting events easier than ever, but instead it’s become a hellscape. Scalpers dominate online platforms, ensuring that desirable events sell out immediately, causing local sports fans to miss out unless they’re willing to pay exorbitant prices for fear of missing out.It’s now been revealed that one of the biggest stakeholders in online ticket sales is helping fund the very people ruining ticket sales for sports fans. An investigative report by the CBC uncovered information inside StubHub’s IPO filing from last November, which revealed that CEO Eric Baker also runs a hedge fund which scalps tickets, and provides funding to scalpers.When asked for comment, StubHub reiterated its public-facing comment that the company doesn’t own or hold any tickets itself.“StubHub does not own, possess, or sell tickets. We are a technology platform that connects independent buyers and sellers. (Think: eBay).”This comment conveniently ignores that some of these “independent buyers” are being directly aided by the CEO of the company. Of course, the devil is in the details. Nobody is accusing StubHub of owning the tickets for their own sale, but it’s now clear that the top of the company is heavily invested in inflating its own marketplace. We discussed this fundamental issue late in the NBA and NHL playoffs, with how reselling sites like StubHub have a vested interest in scalpers, because their percentage-based resale fees are better for the company when event tickets soar — while also giving them multiple bites of the apple if the tickets are sold multiple times on the platform.Baker, the StubHub CEO, reportedly is a large stakeholder in “Andro Capital,” a hedge fund based out of Los Angeles, which offers loan funding to large scale ticket purchasing operates which have the express purpose of buying tickets and reselling them for profit on platforms like StubHub.Filing documents for Andro Capital show the hedge fund was formed in March of 2024, 18 months before StubHub announced it was going public in an IPO filing. In that filing to the SEC StubHub revealed its deep relationship with Andro, including this key detail from 2024:On April 15, 2024, as part of our ongoing relationship with Andro, we entered into an agreement with the Andro Fund under which we agreed to cover certain costs incurred by Andro in connection with ticket management services.StubHub was not required to divulge the totality of this agreement with Andro Fund, but having the company “cover certain costs incurred” raises mammoth red flags. That theoretically means that the hedge fund could have waived reselling feels on the seller side of the transaction, thereby incentivizing the fund to scalping operations. In short, the business flow could look like this:A scalping group has capital to buy massive amounts of ticketsRather than invest themselves, it’s better to invest their money in Andro to do the buying, because they have an agreement with StubHub to cover some of their expensesAndro profits off the inflated ticket salesStubHub benefits through massively inflated prices, which they profit off through buyer feesThat’s not all. The filing also lists “Colloquy LLC,” a subsidiary of Andro Capital, which serves as a loan servicing arm for tickets sellers — offering financing to mass buy tickets, which they resell on StubHub directly.Under the terms of the Program Agreement, we refer certain of our sellers to Colloquy for the opportunity to enter into separate financing arrangements with Colloquy. Under such arrangements, it is anticipated that Colloquy may provide short-term financing to sellers based on those sellers’ existing and/or future expected proceeds generated through ticket sales on our platform.Not only is Andro Capital its own ticket buyer, but it also runs an arm of the company that gives funding to sellers, based on referrals from StubHub itself. Essentially, the entire scalping business is fully intertwined with StubHub, from the CEO being involved in a large-scale seller AND offering funding to sellers.The only person who loses out in this whole transaction are sports fans. The consumers who use the platform are being held hostage by ticket prices, which fundamentally wouldn’t be inflated to the same level without the input of StubHub. This is all legal from the SEC’s perspective due to a lack of oversight when it comes to hedge funds. There are few other industries in which a publicly traded company could be legally allowed to price fix to the level that is happening on StubHub, while trying to pretend with its public face that it’s just a platform for fans to sell to other fans.There should be an immediate investigation into ticket pricing, as well as outlawing the kinds of predatory practices designed to inflate the wealth of StubHub and Andro Capital at the expense of consumers.  #StubHubs #CEO #helping #fund #biggest #ticket #scalpers

instead it’s become a hellscape. Scalpers dominate online platforms, ensuring that desirable events sell out immediately, causing local sports fans to miss out unless they’re willing to pay exorbitant prices for fear of missing out.

It’s now been revealed that one of the biggest stakeholders in online ticket sales is helping fund the very people ruining ticket sales for sports fans. An investigative report by the CBC uncovered information inside StubHub’s IPO filing from last November, which revealed that CEO Eric Baker also runs a hedge fund which scalps tickets, and provides funding to scalpers.

When asked for comment, StubHub reiterated its public-facing comment that the company doesn’t own or hold any tickets itself.

“StubHub does not own, possess, or sell tickets. We are a technology platform that connects independent buyers and sellers. (Think: eBay).”

This comment conveniently ignores that some of these “independent buyers” are being directly aided by the CEO of the company. Of course, the devil is in the details. Nobody is accusing StubHub of owning the tickets for their own sale, but it’s now clear that the top of the company is heavily invested in inflating its own marketplace. We discussed this fundamental issue late in the NBA and NHL playoffs, with how reselling sites like StubHub have a vested interest in scalpers, because their percentage-based resale fees are better for the company when event tickets soar — while also giving them multiple bites of the apple if the tickets are sold multiple times on the platform.

Baker, the StubHub CEO, reportedly is a large stakeholder in “Andro Capital,” a hedge fund based out of Los Angeles, which offers loan funding to large scale ticket purchasing operates which have the express purpose of buying tickets and reselling them for profit on platforms like StubHub.

Filing documents for Andro Capital show the hedge fund was formed in March of 2024, 18 months before StubHub announced it was going public in an IPO filing. In that filing to the SEC StubHub revealed its deep relationship with Andro, including this key detail from 2024:

On April 15, 2024, as part of our ongoing relationship with Andro, we entered into an agreement with the Andro Fund under which we agreed to cover certain costs incurred by Andro in connection with ticket management services.

StubHub was not required to divulge the totality of this agreement with Andro Fund, but having the company “cover certain costs incurred” raises mammoth red flags. That theoretically means that the hedge fund could have waived reselling feels on the seller side of the transaction, thereby incentivizing the fund to scalping operations. In short, the business flow could look like this:

  1. A scalping group has capital to buy massive amounts of tickets
  2. Rather than invest themselves, it’s better to invest their money in Andro to do the buying, because they have an agreement with StubHub to cover some of their expenses
  3. Andro profits off the inflated ticket sales
  4. StubHub benefits through massively inflated prices, which they profit off through buyer fees

That’s not all. The filing also lists “Colloquy LLC,” a subsidiary of Andro Capital, which serves as a loan servicing arm for tickets sellers — offering financing to mass buy tickets, which they resell on StubHub directly.

Under the terms of the Program Agreement, we refer certain of our sellers to Colloquy for the opportunity to enter into separate financing arrangements with Colloquy. Under such arrangements, it is anticipated that Colloquy may provide short-term financing to sellers based on those sellers’ existing and/or future expected proceeds generated through ticket sales on our platform.

Not only is Andro Capital its own ticket buyer, but it also runs an arm of the company that gives funding to sellers, based on referrals from StubHub itself. Essentially, the entire scalping business is fully intertwined with StubHub, from the CEO being involved in a large-scale seller AND offering funding to sellers.

The only person who loses out in this whole transaction are sports fans. The consumers who use the platform are being held hostage by ticket prices, which fundamentally wouldn’t be inflated to the same level without the input of StubHub. This is all legal from the SEC’s perspective due to a lack of oversight when it comes to hedge funds. There are few other industries in which a publicly traded company could be legally allowed to price fix to the level that is happening on StubHub, while trying to pretend with its public face that it’s just a platform for fans to sell to other fans.

There should be an immediate investigation into ticket pricing, as well as outlawing the kinds of predatory practices designed to inflate the wealth of StubHub and Andro Capital at the expense of consumers.

#StubHubs #CEO #helping #fund #biggest #ticket #scalpers">StubHub’s CEO is helping fund the biggest ticket scalpers

Expanding technology and resale options were supposed to make obtaining tickets to sporting events easier than ever, but instead it’s become a hellscape. Scalpers dominate online platforms, ensuring that desirable events sell out immediately, causing local sports fans to miss out unless they’re willing to pay exorbitant prices for fear of missing out.

It’s now been revealed that one of the biggest stakeholders in online ticket sales is helping fund the very people ruining ticket sales for sports fans. An investigative report by the CBC uncovered information inside StubHub’s IPO filing from last November, which revealed that CEO Eric Baker also runs a hedge fund which scalps tickets, and provides funding to scalpers.

When asked for comment, StubHub reiterated its public-facing comment that the company doesn’t own or hold any tickets itself.

“StubHub does not own, possess, or sell tickets. We are a technology platform that connects independent buyers and sellers. (Think: eBay).”

This comment conveniently ignores that some of these “independent buyers” are being directly aided by the CEO of the company. Of course, the devil is in the details. Nobody is accusing StubHub of owning the tickets for their own sale, but it’s now clear that the top of the company is heavily invested in inflating its own marketplace. We discussed this fundamental issue late in the NBA and NHL playoffs, with how reselling sites like StubHub have a vested interest in scalpers, because their percentage-based resale fees are better for the company when event tickets soar — while also giving them multiple bites of the apple if the tickets are sold multiple times on the platform.

Baker, the StubHub CEO, reportedly is a large stakeholder in “Andro Capital,” a hedge fund based out of Los Angeles, which offers loan funding to large scale ticket purchasing operates which have the express purpose of buying tickets and reselling them for profit on platforms like StubHub.

Filing documents for Andro Capital show the hedge fund was formed in March of 2024, 18 months before StubHub announced it was going public in an IPO filing. In that filing to the SEC StubHub revealed its deep relationship with Andro, including this key detail from 2024:

On April 15, 2024, as part of our ongoing relationship with Andro, we entered into an agreement with the Andro Fund under which we agreed to cover certain costs incurred by Andro in connection with ticket management services.

StubHub was not required to divulge the totality of this agreement with Andro Fund, but having the company “cover certain costs incurred” raises mammoth red flags. That theoretically means that the hedge fund could have waived reselling feels on the seller side of the transaction, thereby incentivizing the fund to scalping operations. In short, the business flow could look like this:

  1. A scalping group has capital to buy massive amounts of tickets
  2. Rather than invest themselves, it’s better to invest their money in Andro to do the buying, because they have an agreement with StubHub to cover some of their expenses
  3. Andro profits off the inflated ticket sales
  4. StubHub benefits through massively inflated prices, which they profit off through buyer fees

That’s not all. The filing also lists “Colloquy LLC,” a subsidiary of Andro Capital, which serves as a loan servicing arm for tickets sellers — offering financing to mass buy tickets, which they resell on StubHub directly.

Under the terms of the Program Agreement, we refer certain of our sellers to Colloquy for the opportunity to enter into separate financing arrangements with Colloquy. Under such arrangements, it is anticipated that Colloquy may provide short-term financing to sellers based on those sellers’ existing and/or future expected proceeds generated through ticket sales on our platform.

Not only is Andro Capital its own ticket buyer, but it also runs an arm of the company that gives funding to sellers, based on referrals from StubHub itself. Essentially, the entire scalping business is fully intertwined with StubHub, from the CEO being involved in a large-scale seller AND offering funding to sellers.

The only person who loses out in this whole transaction are sports fans. The consumers who use the platform are being held hostage by ticket prices, which fundamentally wouldn’t be inflated to the same level without the input of StubHub. This is all legal from the SEC’s perspective due to a lack of oversight when it comes to hedge funds. There are few other industries in which a publicly traded company could be legally allowed to price fix to the level that is happening on StubHub, while trying to pretend with its public face that it’s just a platform for fans to sell to other fans.

There should be an immediate investigation into ticket pricing, as well as outlawing the kinds of predatory practices designed to inflate the wealth of StubHub and Andro Capital at the expense of consumers.

#StubHubs #CEO #helping #fund #biggest #ticket #scalpers

France’s march to the World Cup semifinals has been ‌powered by the goals from Kylian Mbappe and Ousmane Dembele, but the players believe ​an equally important part of their success has been forged away from the ⁠cameras, in private conversations without the coaching staff.

Didier Deschamps’ side faces Spain on Tuesday, seeking to reach a third successive World Cup final, having developed a unity that midfielder Adrien Rabiot and defender Jules Kounde say ‌extends well beyond tactical meetings and training sessions.

The players analyse matches together in small groups, challenging each other and taking responsibility for finding solutions beyond those provided by ‌Deschamps and his assistants.

“We communicate a lot and talk among ourselves regularly,” Rabiot told reporters on ‌Monday.

“At ⁠the hotel, during our downtime, we try to analyse matches together in small groups. ⁠That is important, beyond everything the coach and his staff provide. We all speak the same language, we all have the same objective and everyone is directing their energy towards it. What the staff bring us is essential, but the dialogue between ​the players, without the staff being involved, is ‌important as well.”

That sense of ownership has helped France combine one of the tournament’s most potent attacks with a collective defensive effort that begins with the forwards.

Mbappe has scored eight goals and Dembele five, but Kounde said France’s work without the ball had been as important as their ‌individual quality in possession.

“We have done a good job defensively, but it goes well beyond ​the defenders,” Kounde said.

“It is a collective effort, starting with the way we press from the opposition’s very first pass. When the work is done properly higher ⁠up the pitch and in midfield, it makes our job at the back much easier.”

France’s cohesion has been visible in the willingness of their attacking players to track back and in the discipline with which ‌the team have defended difficult moments.

STRONG RELATIONSHIPS

The players insist that what happens on the pitch is an extension of relationships built elsewhere.

“We get on very well,” Rabiot said. “There is a real sense of harmony and genuine cohesion. It is difficult to explain, but things work extremely well away from the pitch, and that energy carries over onto it.”

Kounde described a group that enjoyed playing together and making sacrifices for one another.

“There has been a strong sense of cohesion since the very beginning — even going back to 2022,” ‌he said.

“There is continuity within this group. It has been built over time, and everyone is focused on the same ​objective. That is one of our strengths, and you can feel it on the pitch. We enjoy playing together and we also enjoy making the effort for one another.”

France’s ⁠run has also taken place against the backdrop of Deschamps’ decision to step down after the tournament, ending ⁠a reign that began in 2012 and included victory at the 2018 World Cup and another final four years later. The 57-year-old had to deal with a personal loss too during this World Cup after his mother died during the group stage.

Rabiot said the ‌knowledge that this was Deschamps’ final competition had given the players an additional emotional drive.

“The difficulties the coach has gone through have brought us even closer together,” he said. “You want to give ​everything, especially knowing that this is his last competition in charge of the France team. This is the moment.”

Published on Jul 14, 2026

#FIFA #World #Cup #Frances #secret #weapon #Communication #analysis #field">FIFA World Cup 2026 — France’s secret weapon: Communication and analysis beyond the field  France’s march to the World Cup semifinals has been ‌powered by the goals from Kylian Mbappe and Ousmane Dembele, but the players believe ​an equally important part of their success has been forged away from the ⁠cameras, in private conversations without the coaching staff.Didier Deschamps’ side faces Spain on Tuesday, seeking to reach a third successive World Cup final, having developed a unity that midfielder Adrien Rabiot and defender Jules Kounde say ‌extends well beyond tactical meetings and training sessions.The players analyse matches together in small groups, challenging each other and taking responsibility for finding solutions beyond those provided by ‌Deschamps and his assistants.“We communicate a lot and talk among ourselves regularly,” Rabiot told reporters on ‌Monday.“At ⁠the hotel, during our downtime, we try to analyse matches together in small groups. ⁠That is important, beyond everything the coach and his staff provide. We all speak the same language, we all have the same objective and everyone is directing their energy towards it. What the staff bring us is essential, but the dialogue between ​the players, without the staff being involved, is ‌important as well.”That sense of ownership has helped France combine one of the tournament’s most potent attacks with a collective defensive effort that begins with the forwards.Mbappe has scored eight goals and Dembele five, but Kounde said France’s work without the ball had been as important as their ‌individual quality in possession.“We have done a good job defensively, but it goes well beyond ​the defenders,” Kounde said.“It is a collective effort, starting with the way we press from the opposition’s very first pass. When the work is done properly higher ⁠up the pitch and in midfield, it makes our job at the back much easier.”France’s cohesion has been visible in the willingness of their attacking players to track back and in the discipline with which ‌the team have defended difficult moments.STRONG RELATIONSHIPSThe players insist that what happens on the pitch is an extension of relationships built elsewhere.“We get on very well,” Rabiot said. “There is a real sense of harmony and genuine cohesion. It is difficult to explain, but things work extremely well away from the pitch, and that energy carries over onto it.”Kounde described a group that enjoyed playing together and making sacrifices for one another.“There has been a strong sense of cohesion since the very beginning — even going back to 2022,” ‌he said.“There is continuity within this group. It has been built over time, and everyone is focused on the same ​objective. That is one of our strengths, and you can feel it on the pitch. We enjoy playing together and we also enjoy making the effort for one another.”France’s ⁠run has also taken place against the backdrop of Deschamps’ decision to step down after the tournament, ending ⁠a reign that began in 2012 and included victory at the 2018 World Cup and another final four years later. The 57-year-old had to deal with a personal loss too during this World Cup after his mother died during the group stage.Rabiot said the ‌knowledge that this was Deschamps’ final competition had given the players an additional emotional drive.“The difficulties the coach has gone through have brought us even closer together,” he said. “You want to give ​everything, especially knowing that this is his last competition in charge of the France team. This is the moment.”Published on Jul 14, 2026  #FIFA #World #Cup #Frances #secret #weapon #Communication #analysis #field

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