Noteworthy Work, Press Release
K&L Gates Advises Aser Group on Acquisition of 50 Percent Shareholding in Leeds United
18 January 2017
London - Lawyers from the London office of global law firm K&L Gates LLP have advised Greenfield Investments (a subsidiary of Aser Group) on the acquisition of a 50 percent stake in Leeds United Football Club from companies controlled by Massimo Cellino.
Andrea Radrizzani, the President and Founder of Aser Group, stated: “I am delighted and proud to have acquired a 50 percent stake in such a prestigious football club as Leeds United. I am excited by the challenge ahead, and I will work alongside Massimo and everybody at the club to make Leeds United as successful as possible.”
The K&L Gates team advising on the transaction was led by relationship partner Warren Phelops and corporate partner John Elgar. K&L Gates advised on all of the M&A, football, and other regulatory and club-specific commercial aspects of the investment.
Phelops commented: “We were delighted to represent Andrea — who we have known for many years — and his first-class team on this important investment into Leeds United, one of the most iconic names in English football, and a club with which we are very proud to have worked on numerous occasions.”
The transaction builds on K&L Gates’ Global Sports practice’s rich history of high-end work in the football industry, including recent advice to the Bundesliga (on its international media rights tender), European Professional Football Leagues, La Liga, and PUMA.
Andrea Radrizzani, the President and Founder of Aser Group, stated: “I am delighted and proud to have acquired a 50 percent stake in such a prestigious football club as Leeds United. I am excited by the challenge ahead, and I will work alongside Massimo and everybody at the club to make Leeds United as successful as possible.”
The K&L Gates team advising on the transaction was led by relationship partner Warren Phelops and corporate partner John Elgar. K&L Gates advised on all of the M&A, football, and other regulatory and club-specific commercial aspects of the investment.
Phelops commented: “We were delighted to represent Andrea — who we have known for many years — and his first-class team on this important investment into Leeds United, one of the most iconic names in English football, and a club with which we are very proud to have worked on numerous occasions.”
The transaction builds on K&L Gates’ Global Sports practice’s rich history of high-end work in the football industry, including recent advice to the Bundesliga (on its international media rights tender), European Professional Football Leagues, La Liga, and PUMA.
K&L Gates comprises approximately 2,000 lawyers globally who practice in fully integrated offices located on five continents. The firm represents leading multinational corporations, growth and middle-market companies, capital markets participants and entrepreneurs in every major industry group as well as public sector entities, educational institutions, philanthropic organizations and individuals.
