News | October 2, 2025
Shalabh Gupta and Amran Nawaz, Associate Directors in Secretariat’s Global Sports Consulting practice, were recently quoted in an S&P Global article discussing sports team acquisition and valuation trends.
Mr. Nawaz specializes in the preparation of business valuation and economic damage quantification for commercial litigation and international arbitration. His work typically involves financial damages assignments, fraud investigations, dispute analyses, and litigation support.
Since 2018, Mr. Nawaz has provided valuation services in the context of international arbitrations, commercial litigation, tax assessments, mergers and acquisitions, and internal business purposes. He has prepared expert opinions on valuation and economic damages issues in many continents, spanning multiple industry groups.
Mr. Nawaz is an instructor for the CBV Institute course “Litigation Support in Business Valuation.” This course covers topics such as the quantification of economic damages, the role of a valuation expert in the litigation process, expropriation matters, and matrimonial and personal injury disputes. He previously taught several university courses related to accounting and finance.
Mr. Nawaz has previously acted as an external auditor, financial consultant, and tax advisor for private and public companies. He has written several articles on economic damages, business valuation, and sports finances. He has also delivered and participated in various knowledge-sharing events for law firms, educational institutions, professional associations, and at the Court of Arbitration for Sports.
Shalabh Gupta and Amran Nawaz, Associate Directors in Secretariat’s Global Sports Consulting practice, were recently quoted in an S&P Global article discussing sports team acquisition and valuation trends.
Justice for Players and Diarra Damages Claims
In this article, Amran Nawaz and Allan Ingraham along with Ben Cisneros and Sam Kasoulis of Morgan Sports Law discuss the JFP class action. They explore whether similar class actions could be brought by players, agents and/or clubs before the English courts, whether claims could be brought before the Court of Arbitration for Sport (CAS), and how such claims might be quantified.
Highlights and Takeaways from CBV CONNECT 2025
At the CBV CONNECT 2025 Conference in Toronto, we had the privilege of presenting multiple panels, engaging with fellow business valuation professionals, and exploring the latest developments shaping the future of the industry. We’ve compiled key takeaways from our time at CONNECT 2025 below, highlighting critical insights from our speaking engagements and the emerging trends we’re watching in the world of business valuation.