Walker Morris advises on sale of Bradford City Football ClubPrint news article
Law firm advises on third football club investment in five months
Walker Morris has advised the owners of Bradford City Football Club on its sale to ER Sports Group GmbH, marking the third football club investment deal in five months that the law firm has advised on.
The German sports group has acquired the entire share capital from Julian Rhodes and Mark Lawn, who have been joint chairmen of the Club since 2007.
Simon Concannon from Walker Morris advised the existing owners on the sale, which will provide future investment for the Club
Walker Morris partner Simon Concannon said:
“Julian Rhodes has been a driving force at Bradford City for 19 years and Chairman for 12 years, being joint chairman with Mark Lawn for 9 years and together they have been great custodians of the Club leading Bradford City to Wembley on two occasions and bringing pride to the City. Julian, Mark and the Club have been long-standing clients of Walker Morris and we have been delighted to advise them on the deal which marks the end of an era in the Club’s history.”
“Julian Rhodes commented that “I would like to thank the team at Walker Morris for guiding us through this process which I trust will bring further investment in the Club that I have been so proud to have been involved with for the last 19 years.”
Earlier this year the Walker Morris Sports Group advised on the purchase of Bolton Wanderers FC and in December 2015 the team advised on the investment in Crystal Palace FC by US businessmen Josh Harris and David Blitzer.