The company's purpose is to organize, market and conduct sports events, as well as to acquire, broker, license and sell usage rights of all kinds in connection with sports events. The company may also conduct all commercial, financial and other business that is directly or indirectly related to the company's purpose. The company may establish subsidiaries and branches in Switzerland and abroad, and participate in other companies in Switzerland and abroad. The company may also acquire, encumber, manage and sell real estate in Switzerland and abroad. The company may also acquire, develop, manage, exploit and sell intellectual property rights and licenses of all kinds. Furthermore, the company may provide financing for its own account or for the account of third parties, as well as grant guarantees and warranties of all kinds for third parties and affiliated companies.