Walker Morris advises on acquisition of Blackpool Football ClubPrint news article
Walker Morris sports lawyers have advised on the acquisition of Blackpool Football Club reinforcing their reputation as one of the leading national sports law teams.
The Walker Morris Team advised Simon Sadler, founder of Hong Kong asset management firm Segantii Capital, on his acquisition of 96.2% of the Club, Bloomfield Road Stadium, the Club’s training ground and the entity that runs the hotel situated at Bloomfield Road Stadium.
Simon Sadler said:
“It is my great honour and privilege to become the owner and custodian of Blackpool Football Club. By providing financial stability and investment over time, my intention is for the Club to achieve its full potential.
I look forward to the release of the fixture list on 20 June 2019 and to the season ahead. UTMP!
I would like to thank Walker Morris for their help in getting this transaction over the line. Special thanks must go to David Hinchliffe and Christian Slinger who did a great job throughout in guiding me through this process.”
David Hinchliffe who headed the Walker Morris Team commented:
“As a life-long Blackpool FC fan, Simon has a deep-rooted and vested interest in the success of the Club. The Club has a great heritage and strong links with the community and so the acquisition is a great outcome for everyone involved with the Club including the fans and the local community. It’s great to play a part in another deal where our team helped to secure the future of another historic football club.”
David Hinchliffe and Christian Slinger led the Walker Morris team, with assistance from Alistair McHenry and Jessica Stanley (from the Firm’s Sport Team). Additional support was provided from Owen Ormond (Finance), Jon Cherry (Real Estate), John Hamer and Verity Mulkeen (Corporate) and members from our Employment team.
The deal is the latest in a run of successful football club acquisitions/sales for the Team over the past few years including advising on the acquisitions of Dagenham & Redbridge FC, Leyton Orient FC, Royale Union Saint-Gilloise (Belgium), Reading FC and Nottingham Forest FC.