Disney-Led Hedge Fund In Talks For Last-Place Soccer Team

Jan 14 2008 | 4:08pm ET

Another hedge fund is set to buy a piece of the beautiful game, as Burbank, Calif.-based Shamrock Holdings is reportedly close to a deal with troubled British team Derby County Football Club.

Derby Chairman Adam Pearson, who bought a majority stake in the Rams in September, has said he would seek a cash infusion for the club, which is facing relegation from Britain’s top-flight Premier League at the end of the season. The team is firmly in last place, with just one win against 17 losses and four draws.

Shamrock Holdings is led by Roy Disney—Walt Disney’s nephew.

Should a deal go through, it would be the second in a month involving a hedge fund. Last month, London-based Sisu Capital reached an agreement to buy Coventry City Football Club, after the hedge fund’s talks with Southampton Football Club stalled.

RELATED STORIES

Hedge Fund Scores Deal For Soccer Team
Hedge Fund Set To Take Over British Soccer Club
Hedge Fund's Goal: Buy English Soccer Team


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...