Walker Morris advises on purchase of Bolton Wanderers FCPrint news article
Sports lawyers at Walker Morris advise on second football club investment in three months
Bolton Wanderers Football Club has announced that the deal to transfer ownership of the club has officially been completed.
The Walker Morris Sports Group, led by David Hinchliffe, advised on the acquisition of Bolton Wanderers in a deal that will help to secure the future of the football club
Ken Anderson will become Chairman of the club and Dean Holdsworth will become CEO. In acknowledgement of his contribution to the club, Eddie Davies, who initially joined the board of directors at Bolton Wanderers in 1999 before then becoming majority shareholder in 2003, will become Honorary President of the club.
The deal is the second of its nature in three months for the Walker Morris team, having completed on the investment by US businessmen Josh Harris and David Blitzer in Crystal Palace in December 2015.
Walker Morris advised Ken Anderson’s purchasing vehicle and fielded a multidisciplinary team of lawyers including David Hinchliffe and Katie Reed.
Ken Anderson commented:
“The announcement is fantastic news for everyone involved with the club. It brings the last few months of uncertainty to a close and allows us to focus on bringing stability to the club and building for the future.
“I’d particularly like to thank everyone involved in driving the deal through to a successful completion, particularly David Hinchliffe, Katie Reed and the whole sports team at law firm Walker Morris whose stellar advice and unrivalled expertise has been invaluable throughout the process. The deal was extremely complex and was completed within an incredibly demanding timeframe. I am absolutely certain that no other law firm could have surpassed Walker Morris’ commitment, dedication and sheer expertise in this area.”
David Hinchliffe, Head of the Sports team at Walker Morris commented:
“We’re delighted for everyone involved with the club both on and off the pitch. The investment from the purchasers will provide a solid financial platform on which to build their future growth plans and to fulfil their aspirations to return to the Premier League. Today’s news will be a relief to the thousands of loyal fans whose commitment to the club throughout this period has been exemplary.”