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

Prominent Hedgie Renee Haugerud Embroiled in Ugly Child Custody Battle

Sep 10 2014 | 2:43pm ET

A high-profile hedge fund manager is caught up in a nasty child custody battle in...

Lifestyle

Full House’s Stamos To Play TV Hedge-Fund Manager

Sep 5 2014 | 4:43am ET

The life of a Connecticut hedge-fund billionaire is coming to the small screen.

Guest Contributor

The Cult of Loss Aversion: A Call to Rethink Risk in Global Macro Investing

Sep 4 2014 | 5:45am ET

In the wake of a traumatic loss, whether it is financial or personal, it is just...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

In search of the ‘new normal’ at the Fed

The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.