Related News

How DeepSeek can be as good as US AI rivals at fraction of cost

How DeepSeek can be as good as US AI rivals at fraction of cost

January 29, 2025
Legal Aid Agency hit by cyber security incident

Legal Aid Agency hit by cyber security incident

May 6, 2025
Double stabbing suspect in hospital after being shot by police

Double stabbing suspect in hospital after being shot by police

May 14, 2025

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World

Related News

How DeepSeek can be as good as US AI rivals at fraction of cost

How DeepSeek can be as good as US AI rivals at fraction of cost

January 29, 2025
Legal Aid Agency hit by cyber security incident

Legal Aid Agency hit by cyber security incident

May 6, 2025
Double stabbing suspect in hospital after being shot by police

Double stabbing suspect in hospital after being shot by police

May 14, 2025

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World
IIHS NEWS - AI Curated content
  • Home
  • UK News
  • Business
  • Entertainment
  • US News
  • World
  • Technology
  • Politics
  • Health Care
  • Crypto
No Result
View All Result
CONTRIBUTE
IIHS NEWS - AI Curated content
  • Home
  • UK News
  • Business
  • Entertainment
  • US News
  • World
  • Technology
  • Politics
  • Health Care
  • Crypto
No Result
View All Result
IIHS NEWS - AI Curated content
No Result
View All Result
Home Business

Ex-Manchester United chief Woodward pitched Eagle Football role

Sarah Taylor by Sarah Taylor
February 27, 2025
in Business
0
Ex-Manchester United chief Woodward pitched Eagle Football role
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Ed Woodward, the former Manchester United chief, has been approached about joining the vehicle which owns stakes in clubs including Crystal Palace and Olympique Lyonnais.

You might also like

Government backs Khan’s plans to pedestrianise Oxford Street

Poundland to stop paying rent at hundreds of stores in rescue deal

‘I don’t feel safe living here’: UK residents raise alarm about freehold estates

Sky News has learnt that Mr Woodward, who left Old Trafford in 2022, a year after United’s involvement in the ill-fated European Super League project, is being lined up as an independent director of Eagle Football Holdings as it prepares to list in the US.

Sources said on Thursday that it was not certain that Mr Woodward’s appointment would go ahead, but confirmed that he had been approached about his first mainstream football directorship since ending his long stint at the former Premier League champions.

Mr Woodward spent 17 years at Old Trafford, having played a key role in the Glazer family’s debt-fuelled takeover of the club in 2005.

Money latest: UK’s favourite DIY shops ranked

Eagle Football, which is controlled by the American businessman John Textor, is expected to file confidentially with US regulators for an initial public offering in the next fortnight.

The vehicle owns a 45% stake in Crystal Palace, which it has been trying to sell for months but may now retain as a result of the club’s improved performance in English football’s top flight.

Gatwick second runway decision deadline is extended on green concerns

Nvidia signals strong AI chip demand despite DeepSeek threat

Money blog: UK’s favourite DIY shops ranked – with B&Q and Wickes thrashed by rival

Last summer, Sky News revealed that Eagle Football had hired investment banks including Stifel and TD Cowen to advise on the IPO, with Bloomberg News adding this week that UBS is also working on the deal.

The Eagle Football board is understood to have added Mr Textor’s former FuboTV colleague Alex Bafer, the Trilith Studios president and chief executive Frank Patterson and finance executive Sam Lynn as directors in recent weeks.

Its lenders are currently represented on the board, although these directors are expected to step down in the event of the company becoming publicly traded.

If the IPO proceeds, Eagle Football is expected to try to raise several hundred million dollars at a valuation of more than $2bn.

The vehicle also owns the Brazilian champions Botafogo, RW Molenbeek in Belgium and FC Florida.

Last year, Mr Textor held talks about buying Everton FC, but was eventually outbid by the AS Roma owner, Dan Friedkin.

Had he been successful, Mr Textor would have had to complete the sale of his Palace stake under Premier League ownership rules.

Raine Group, which handled the sale of Chelsea in 2022 and a minority stake in Manchester United to Sir Jim Ratcliffe the following year, has been overseeing the potential disposal of Eagle Football’s Crystal Palace stake.

A number of parties have expressed serious interest, including a group advised by the football financier Keith Harris.

However, a transaction is not thought to be imminent.

Be the first to get Breaking News

Install the Sky News app for free

In the past, Mr Textor has spoken about his belief that public ownership of football teams provides fans with greater transparency about the running of their clubs.

He has described this as the democratisation of ownership – an issue likely to be at the heart of a bill on football regulation when it is reintroduced to parliament by the new Labour government.

If Eagle Football’s filing with the US Securities and Exchange Commission proceeds in the coming weeks, its stock would be expected to commence trading several months later.

Mr Textor could not be reached for comment, while Mr Woodward did not respond to a request for comment on Thursday.

Read Entire Article
Tags: BusinessSkynews
Share30Tweet19
Sarah Taylor

Sarah Taylor

Recommended For You

Government backs Khan’s plans to pedestrianise Oxford Street

by Sarah Taylor
June 17, 2025
0
Government backs Khan’s plans to pedestrianise Oxford Street

Angela Rayner is backing plans put forward by Sir Sadiq Khan to pedestrianise Oxford Street "as quickly as possible".

Read more

Poundland to stop paying rent at hundreds of stores in rescue deal

by Sarah Taylor
June 16, 2025
0
Poundland to stop paying rent at hundreds of stores in rescue deal

Poundland will halt rent payments at hundreds of its shops if a restructuring of the ailing discount retailer is approved by creditors later this summer.

Read more

‘I don’t feel safe living here’: UK residents raise alarm about freehold estates

by Sarah Taylor
June 16, 2025
0
‘I don’t feel safe living here’: UK residents raise alarm about freehold estates

Imagine owning your own home only to find yourself subject to regular costs, strict rules and extra fees when you try to sell. Welcome to the world of...

Read more

Israel-Iran conflict poses new cost of living threat – here’s why

by Sarah Taylor
June 16, 2025
0
Israel-Iran conflict poses new cost of living threat – here’s why

The UK's cost of living crisis hangover is facing fresh pressure from the Israel-Iran conflict and growing tensions across the Middle East.

Read more

‘An icon and pioneer’: Estee Lauder’s son, who built make-up company into global brand, dies

by Sarah Taylor
June 16, 2025
0
‘An icon and pioneer’: Estee Lauder’s son, who built make-up company into global brand, dies

Estee Lauder's son - a "cosmetics industry icon" who built the make-up brand into a global powerhouse - has died aged 92.

Read more
Next Post
Authorities failed to investigate original claims of British woman accused of lying about being gang-raped on holiday

Authorities failed to investigate original claims of British woman accused of lying about being gang-raped on holiday

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

How DeepSeek can be as good as US AI rivals at fraction of cost

How DeepSeek can be as good as US AI rivals at fraction of cost

January 29, 2025
Legal Aid Agency hit by cyber security incident

Legal Aid Agency hit by cyber security incident

May 6, 2025
Double stabbing suspect in hospital after being shot by police

Double stabbing suspect in hospital after being shot by police

May 14, 2025

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World
IIHS NEWS – AI Curated content

IIHS.NEWS will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World

BROWSE BY TAG

Blockchain Breaking News Business Entertainment Health Care Insidebitcoins newsbtc Politico Skynews Techcrunch Technology UK US USMagazine Variety World

© 2025 iihs.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • UK News
  • Business
  • Entertainment
  • US News
  • World
  • Technology
  • Politics
  • Health Care
  • Crypto

© 2025 iihs.news - all rights reserved. YYC TECH CONSULTING.