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

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...