In the second part of the this article the author examines Articles 59-118 of the controversial Greek Sports Law, 2725/1999, and explains how these pertain to professional sport in Greece.
High profile takeovers of Premier League (PL) football clubs have become common place in recent times. Current Chelsea owner like Roman Abramovich is almost as recognisable as some of his star players. Many investors have seen the vast revenues that can be generated from broadcasting money, Champions League success, merchandising and ticket sales. Since 2005 11 current PL clubs have changed ownership as illustrated by the below table.
The legal Tactics Behind the Takeover of Liverpool Football Club By Kinji C. Bourchier, Lawson Lundel LLP
When Liverpool players take to the pitch, they are greeted by a chorus of cheers as tens of thousands of Liverpudlians sing “You’ll Never Walk Alone” - the Club’s theme. In the last 2 months, however, it was the form, tactics and results of lawyers off the pitch which had Liverpool supporters most vocal.
By Richard Baldwin. The Community Amateur Sports Club scheme which was established in 2002 has generated £82.2 million for community sports clubs according to Deloitte, the international accounting firm, since April 2002.As at 31st August 2010 the 5776 clubs that have registered with HMRC as CASC’s under the scheme have on average received a cash benefit of nearly £15,000.
By Simon Halberstam, of Kingsley Napley. Betfair today demonstrated that the renewed health of the gambling industry by announcing that its Board has approved plans to float on the London Stock Exchange and thus become a public limited company. The estimated value which is between £1.16 billion and £1.48 billion could place it in the FTSE 250 index.
Lawinsport.com and Jonathan Walters of Charles Russell LLP have put together a guide to club structures for semi-professional and amateur sports clubs. The guide provides information on the common forms of organisations for example unincorporated associations, companies limited by guarantee, and community interest companies.
The aim of the guide is to provide a point of reference in plain English for those who would like more information about the different ways of structuring a sports club and to help them identify if the current structure is adequate for the needs of the club and its members.