[SCHEDULE 13G/A] Sportradar Group AG SEC Filing

Rhea-AI Filing Summary

Sportradar Group AG reporting persons Radcliff SR I LLC, Radcliff SPV Manager LLC and managing members Eli Goldstein and Evan Morgan jointly disclose beneficial ownership of 13,135,000 Class A Ordinary Shares, representing 6.0% of the Class A shares outstanding as stated in the issuer's April 24, 2025 prospectus. The shares are held by Radcliff SR I LLC, with the Manager (Radcliff SPV Manager LLC) and its managing members sharing voting and dispositive power, and none of the reporting persons claim sole voting or sole dispositive power. The filing states the shares were not acquired to change or influence control and includes a joint filing statement and certifications signed on 08/14/2025.

Positive

• Disclosure of a material passive stake: Reporting persons clearly disclose ownership of 13,135,000 shares (6.0%), providing transparency to the market.
• Clear ownership chain: The filing explains that Radcliff SR I LLC holds the shares and Radcliff SPV Manager LLC and its managing members share voting and dispositive power, clarifying who exercises control.

Negative

• None.

Insights

Financial Analyst

TL;DR: A single group holds 6.0% of SRAD's Class A shares, disclosed as shared voting and dispositive power; this is a material but routine ownership filing.

The Schedule 13G/A identifies a 6.0% stake (13,135,000 shares) held by Radcliff SR I LLC with shared control via its manager and two managing members. For investors, a 6% position is sizeable enough to merit attention but the filing asserts no intent to influence control, consistent with passive investor reporting. The structure—shares held by an LLC with a manager and managing members—creates shared voting/dispositive power rather than sole control. This is a transparent, standard disclosure under Section 13; it does not, by itself, signal activist intent or a change in corporate control.

Corporate Governance Expert

TL;DR: Ownership is concentrated in an affiliated LLC and manager, disclosed appropriately; governance impact appears limited absent further actions.

The filing clearly discloses the chain of control: Radcliff SR I LLC holds the shares, Radcliff SPV Manager LLC manages the LLC, and two individuals are managing members. Shared voting and dispositive power is reported and no sole powers are claimed. The certification that the stake is not held to change control aligns with Schedule 13G/A treatment. From a governance perspective, ongoing monitoring is prudent, but the filing alone indicates routine passive ownership rather than an active governance campaign.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Sportradar Group AG

(Name of Issuer)

Class A Ordinary Shares

(Title of Class of Securities)

H8088L103

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. H8088L103

1

Names of Reporting Persons

Radcliff SR I LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 13,135,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 13,135,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

13,135,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.0 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. H8088L103

1

Names of Reporting Persons

Radcliff SPV Manager LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 13,135,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 13,135,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

13,135,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.0 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. H8088L103

1

Names of Reporting Persons

Eli Goldstein

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 13,135,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 13,135,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

13,135,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.0 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

CUSIP No. H8088L103

1

Names of Reporting Persons

Evan Morgan

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 13,135,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 13,135,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

13,135,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.0 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Sportradar Group AG
(b)	Address of issuer's principal executive offices: FELDLISTRASSE 2, ST. GALLEN, V8 CH-9000
Item 2.
(a)	Name of person filing: Radcliff SR I LLC Radcliff SPV Manager LLC Eli Goldstein Evan Morgan
(b)	Address or principal business office or, if none, residence: 408 Greenwich Street, 2nd Floor New York, NY 10013
(c)	Citizenship: Radcliff SR I LLC - Delaware Radcliff SPV Manager LLC - Delaware Eli Goldstein - United States Evan Morgan - United States
(d)	Title of class of securities: Class A Ordinary Shares
(e)	CUSIP No.: H8088L103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Radcliff SR I LLC - 13,135,000* Radcliff SPV Manager LLC - 13,135,000* Eli Goldstein - 13,135,000* Evan Morgan - 13,135,000* *The Class A Ordinary Shares (the "Shares") of Sportradar Group AG (the "Issuer") reported herein are held by Radcliff SR I LLC. Radcliff SPV Manager LLC (the "Manager") is the managing member of Radcliff SR I LLC, and Eli Goldstein and Evan Morgan are the managing members of the Manager (the "Managing Members," and collectively with the Manager and Radcliff SR I LLC, the "Reporting Persons"). By virtue of these relationships, the Reporting Persons may be deemed to have shared voting and dispositive power with respect to the Shares reported herein. The percentages used throughout this Schedule 13G are based upon the Shares outstanding (excluding the Shares held in treasury) as reported in the Issuer's Prospectus filed on April 24, 2025. This report shall not be deemed an admission that the Reporting Persons are beneficial owners of the Shares for purposes of Section 13 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each of the Reporting Persons disclaims beneficial ownership of the Shares reported herein except to the extent of the Reporting Person's pecuniary interest therein.
(b)	Percent of class: Radcliff SR I LLC - 6.0%* Radcliff SPV Manager LLC - 6.0%* Eli Goldstein - 6.0%* Evan Morgan - 6.0%*
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Radcliff SR I LLC - 0 Radcliff SPV Manager LLC - 0 Eli Goldstein - 0 Evan Morgan - 0
	(ii) Shared power to vote or to direct the vote: Radcliff SR I LLC - 13,135,000* Radcliff SPV Manager LLC - 13,135,000* Eli Goldstein - 13,135,000* Evan Morgan - 13,135,000*
	(iii) Sole power to dispose or to direct the disposition of: Radcliff SR I LLC - 0 Radcliff SPV Manager LLC - 0 Eli Goldstein - 0 Evan Morgan - 0
	(iv) Shared power to dispose or to direct the disposition of: Radcliff SR I LLC - 13,135,000* Radcliff SPV Manager LLC - 13,135,000* Eli Goldstein - 13,135,000* Evan Morgan - 13,135,000*
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Radcliff SR I LLC

Signature:	/s/ Eli Goldstein
Name/Title:	Eli Goldstein, a Managing Member of the Managing Member, Radcliff SPV Manager LLC
Date:	08/14/2025

Radcliff SPV Manager LLC

Signature:	/s/ Eli Goldstein
Name/Title:	Eli Goldstein, a Managing Member
Date:	08/14/2025

Eli Goldstein

Signature:	/s/ Eli Goldstein
Name/Title:	Eli Goldstein, Individually
Date:	08/14/2025

Evan Morgan

Signature:	/s/ Evan Morgan
Name/Title:	Evan Morgan, Individually
Date:	08/14/2025

Exhibit Information

Exhibit I - JOINT FILING STATEMENT

FAQ

What stake in Sportradar Group AG (SRAD) do the reporting persons hold?

The reporting persons collectively report beneficial ownership of 13,135,000 Class A Ordinary Shares, representing 6.0% of the Class A shares outstanding.

Who holds the shares and who controls them?

The shares are held by Radcliff SR I LLC; Radcliff SPV Manager LLC is the managing member and Eli Goldstein and Evan Morgan are the managing members sharing voting and dispositive power.

Does the filing indicate an intent to change or influence control of SRAD?

No. The certification states the securities were not acquired and are not held to change or influence the issuer's control.

Did any reporting person claim sole voting or dispositive power?

No. Each reporting person reports 0 shares with sole voting or sole dispositive power and 13,135,000 shares with shared voting and dispositive power.

When were the signatures dated on this Schedule 13G/A?

The signatures for the reporting persons are dated 08/14/2025.