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Media & Entertainment Law
: Sports BizBuy a Soccer Club on Ebay
Up until last Thursday you had a chance to buy a League 1 English soccer club on Ebay if you were the highest bidder. Bidding for Tranmere Rovers, in what appears to have been a genuine listing, began at $10,000,000. Peter Johnson, the club's majority owner had engaged Domoch Capital of the US to sell his interest in the club. Unbeknownst to him, the investment bank decided that the most efficient way to sell the club was to put it on Ebay. The listing was on the site for a day before it was taken down.
Full post as published by Sports Biz on August 02, 2009 (boomark / email).
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