| Simon Sadler 17:51 - Jun 9 with 7274 views | BringBackTheRedRoom |
Think it needs its own thread now......
Simon Sadler - the Hong Kong-based businessman thought to be the frontrunner to take over Blackpool Football Club - has set up two new UK-based companies relating to sports.
Rose 123 Investments and Lily 123 Investments were both incorporated on May 29, 2019, according to Companies House.
Both are registered to an address in Altrincham, Cheshire, while a man named Brett Gerrity - thought to be a solicitor - is listed as an interested person in both companies.
Under the nature of business, Rose 123 Investments is described as “activities of sports clubs” while Lily 123 Investments is described as “operations of sports facilities and hotels”.
Sadler, who was born in Bispham and attended Warbreck High, founded Hong Kong-based hedge fund Segantii Capital. It is claimed the hedge fund’s assets are in excess of $1billion.
Sadler, who attended the home game against Peterborough United in April, is thought to be keen to keep current board members Ben Hatton and Michael Bolingbroke at the club.
Receiver Paul Cooper, of Rubin and Partners, told The Gazette on first arriving at Bloomfield Road in February that the entire sale process would likely take three to four months.
It’s understood mid-June is the target the club are working towards, meaning news could be forthcoming in the next week or two.
Sadler was featured in an old article in The Gazette on May 22, 2010 - the day the Seasiders sealed their remarkable promotion to the Premier League with a 3-2 win over Cardiff City in the Championship play-off final.
It included an interview with Sadler, then aged 40, previewing that famous day at Wembley.
The story reads: “Did you know there was a hedge fund on the stock market in Asia named after Blackpool? You do now.
“And the man who operates it is a Seasider who has flown back to the UK to watch the big game.
“Bispham-born Simon Sadler, a former Warbreck High pupil, was a regular in the old West Paddock throughout the 80s, watching the likes of Eamonn O’Keefe and Paul Stewart, as well as his all time favourite Oooh Andy Garner.
“Trips to Bloomfield Road became a bit of a problem though as his banking career flourished and he moved to Moscow and then Hong Kong.
“The 40-year-old operates a hedge fund which is the fifth largest in Asia - Segantii Capital — named after the original tribe of Blackpool and which has a tangerine and white corporate colour.”
https://www.blackpoolgazette.co.uk/sport/football/blackpool-fc/hong-kong-based-b
and here's the link to Companies House
https://beta.companieshouse.gov.uk/company/12022758 | |
| ‘Where there is harmony, may we bring discord. Where there is truth, may we bring error. Where there is faith, may we bring doubt. And where there is hope, may we bring despair’ |
| |  |
| Simon Sadler on 20:59 - Jun 10 with 665 views | ROTTWEILERS |
"frontrunner"
He's either the winning bidder or not, surely?
🤔 | |
| |
| Simon Sadler on 21:01 - Jun 10 with 662 views | spell_chekker |
We'll have to wait for the official announcement yo be sure Rot.
Other than what's been posted on here, we don't know much about either Sadler or his bid. | |
| |
| Simon Sadler on 20:49 - Jun 12 with 641 views | spell_chekker |
Blackpool: League One club hope to have new owners by end of June
Blackpool hope to have new owners by the end of June as the process of moving the embattled League One club forward reaches its conclusion.
Receivers have run the club since February as former owner Owen Oyston's 31-year reign ended in the High Court.
Paul Cooper and David Rubin have almost finished going through formal bids, with an announcement due imminently.
The Tangerines went from Premier League to League Two in six seasons amid arguments between the Oystons and fans,
Fans went on to boycott matches in protest against the Oyston family, however the boycott came to an end after they were removed.
The former Manchester United and Inter Milan executive Michael Bolingbroke, who was appointed executive chairman in April as the bid process continued, feels the people of Blackpool can start feeling proud of their club again.
He told the BBC: "This club is such an important part of the community. It was vital to get it back on its feet."
Manager Terry McPhillips has recently stated he is still working on the same annual budget put in place when the Oystons were at the club.
However, that could change once the new owner is confirmed and Bolingbroke is optimistic about the future.
He said: "We can challenge towards the top end of the league with the squad as it is.
"Obviously, the more money you have to spend, provided you spend it wisely, the better you can do and, in time, we should be looking at the Championship.
"It is not just about the first team squad though. Investment is also required in the academy and on the training ground.
"I have really enjoyed it here. It is a very easy club to become emotionally invested in." | |
| |
| Simon Sadler on 20:51 - Jun 12 with 637 views | spell_chekker |
There you go.
Positive news from an authoritative source.
I put it here instead of on the bidders' thread. | |
| |
| Simon Sadler on 20:58 - Jun 12 with 635 views | Imperial |
Sadler will be a breath of fresh air if the preferred bidder
I am surprised if he is only now setting up the holding companies he has a reputation for being "on it" amongst his peers and this seems last minute.
First choice bidder dropped out? | | | |
| Simon Sadler on 21:14 - Jun 12 with 627 views | BringBackTheRedRoom |
Imp
Think it's more a case of everyone being extra careful, not a normal takeover/buyout with the Courts involved.
Last thing anyone wants is OO having grounds to challenge the sale process. [Post edited 12 Jun 2019 21:22]
| |
| ‘Where there is harmony, may we bring discord. Where there is truth, may we bring error. Where there is faith, may we bring doubt. And where there is hope, may we bring despair’ |
| |
| Simon Sadler on 15:46 - Jun 13 with 603 views | basilrobbiereborn |
Confirmed as the new owner, and I think he has a 96% holding. Just checking that. | |
| |
| Simon Sadler on 16:38 - Jun 13 with 591 views | Lala |
Excellent news thanks Robbie. Really pleased.
Here’s to a cracking future, because it can’t take much to better what we’ve had of late.
Bring it on  | |
| |
| Simon Sadler on 16:46 - Jun 13 with 590 views | spudgun |
Great news for all the Blackpool fans who have endured the penury of much of this decade. I hope the new owner is everything the previous one wasn`t, and that Blackpool have a great season.
Hopefully the start of a new and exciting era for BFC. I`m really pleased for you all... | | | |
| Simon Sadler on 16:53 - Jun 13 with 588 views | Lala |
Thanks Spud.
I have a really good feeling about this 🙠| |
| |
| Simon Sadler on 17:14 - Jun 13 with 584 views | BringBackTheRedRoom |
Simon Sadler has been announced as the new owner of Blackpool Football Club.
In a statement released on behalf of joint receivers Paul Cooper and David Rubin, it has been confirmed Sadler’s takeover has already received approval by the High Court and the EFL.
Owen Oyston, who was ousted following the receiver’s appointment in February, is no longer a shareholder in the club or the hotel.
“The joint receivers are delighted to announce the sale of Blackpool Football Club to Mr Simon Sadler,” the statement reads.
“The sale completed on June 13 following both High Court approval of the transaction as well as English Football League approval of the new owner and directors.
“Mr Sadler has purchased 96.2 per cent of the shares in Blackpool Football Club Limited (“BFCL”) as well as 100 per cent of Blackpool Football Club Hotel Limited (“BFCHL”).
“In addition to these companies he has purchased the football stadium, all stadium related property and the training ground.
“In Mr Sadler, the joint receivers are confident that they have found a purchaser who will be a custodian of the club’s proud heritage as well as a steward for its future development.”
Born and raised in Blackpool, Sadler has been a lifelong fan of the club having watched his first game at Bloomfield Road in 1977 at the age of eight.
He was also present at Wembley on May 22, 2010 to witness the club gain promotion to the Premier League.
The 49-year-old held senior roles in finance before setting up an asset management business, Segantii Capital Management, in Hong Kong in 2007, where he remains Chief Investment Officer.
“He is committed to the long term development of the club,” the receivers add.
Current interim board members Michael Bolingbroke, Ben Hatton and Ian Currie will remain on the board and will be joined by Brett Gerrity, a Poulton-based lawyer who works for the Crown Prosecution Service.
Tim Fielding, currently the fan representative on the interim board, will remain an advisor.
“The joint receivers would like to thank the management, staff, all those involved in the running of the club and the loyal fan base who continued to support the club during many challenging years,” the receivers added.
“Today is a momentous day for Blackpool, the club and the fans, who are at the very heart of this community.”
The football club was placed into receivership in February after receiving approval from the High Court.
The joint receivers were then tasked with selling the club and its related assets to settle the outstanding debt Owen Oyston still owes Valeri Belokon.
Cooper told The Gazette on first arriving at Bloomfield Road that the entire sale process would likely take three to four months.
His first job was to get a full picture of the club’s financial position before instructing independent financial services company Hilco Global to assist in the sale and marketing of the club.
He also appointed an interim board to take over the day-to-day running of the club, which spelled the end for Owen Oyston who was officially removed from his role.
This saw thousands of previously boycotting Blackpool fans flood back to Bloomfield Road for the Homecoming clash against Southend United, which drew a crowd of 15,500.
The Oystons were ordered to buy out former director Belokon for £31.27m back in November 2017 after it was found they had illegitimately stripped the club of cash following promotion to the Premier League in 2010.
https://www.blackpoolgazette.co.uk/sport/football/blackpool-fc/simon-sadler-anno | |
| ‘Where there is harmony, may we bring discord. Where there is truth, may we bring error. Where there is faith, may we bring doubt. And where there is hope, may we bring despair’ |
| |
| Simon Sadler on 17:17 - Jun 13 with 581 views | BringBackTheRedRoom |
Blackpool Football Club's new owner Simon Sadler has spoken for the first time since being unveiled as the club's new custodian.
The lifelong Blackpool fan has purchased 96.2 per cent of the shares in the club as well as 100 per cent of the hotel.
Sadler's takeover has already received approval from the High Court and EFL.
The 49-year-old held senior roles in finance before setting up an asset management business, Segantii Capital Management, in Hong Kong in 2007, where he remains Chief Investment Officer.
“It is my great honour and privilege to become the owner and custodian of Blackpool Football Club," Sadler said.
"By providing financial stability and investment over time, my intention is for the club to achieve its full potential.
"I will ensure that the club is managed with the interests of all stakeholders in mind.
“I would like to thank the joint receivers and the current board, management and staff for having chaperoned the club during this time of transition.
"I would also like to thank the fans and the wider community for re-engaging with the club after a lengthy period of turmoil.
“I look forward to the release of the fixture list on 20 June 2019 and to the season ahead. UTMP!”
https://www.blackpoolgazette.co.uk/sport/football/blackpool-fc/simon-sadler-it-i | |
| ‘Where there is harmony, may we bring discord. Where there is truth, may we bring error. Where there is faith, may we bring doubt. And where there is hope, may we bring despair’ |
| |
| Simon Sadler on 17:20 - Jun 13 with 579 views | janegallagher |
I am so happy ðŸ˜
  | |
| |
| Simon Sadler on 17:21 - Jun 13 with 579 views | Lala |
Well done receivers 👠It reads very much like long term investment has been on the list of priorities.
Really do think we are very very lucky to find a local man, also a lifelong fan,very rich and obviously very astute at the helm of our club.
All boxes ticked I would say.
Really pleased for Sadler himself too. Fantastic achievement for a local lad done good and only 49, ( still older than me though  ). | |
| |
| Simon Sadler on 17:23 - Jun 13 with 577 views | janegallagher |
Oh is he married LaLa  | |
| |
| Simon Sadler on 17:27 - Jun 13 with 576 views | Lala |
🤔 🤠| |
| |
| Simon Sadler on 17:45 - Jun 13 with 568 views | BringBackTheRedRoom |
Executive chairman Michael Bolingbroke has welcomed Blackpool's new owner Simon Sadler to the club.
The lifelong Blackpool fan has purchased 96.2 per cent of the shares in the club as well as 100 per cent of the hotel.
Sadler's takeover has already received approval from the High Court and EFL.
The 49-year-old held senior roles in finance before setting up an asset management business, Segantii Capital Management, in Hong Kong in 2007, where he remains Chief Investment Officer.
Bolingbroke, along with Ben Hatton and Ian Currie, will continue in their roles for the next few months while Sadler familiarises himself with the operations of the club.
Tim Fielding will remain as an advisor while his close friend Brett Gerrity, a Poulton-based lawyer, will also join the board.
“We are very pleased to welcome Mr Sadler as our new owner and Mr Gerrity as a board member," Bolingbroke said.
"Mr Sadler is investing in a club with undoubted potential and his investment will benefit not just the first team squad, but also help improve the club’s training facilities and academy programme and will actively assist in the club’s re-engagement with the Blackpool community.
"Exciting times are ahead!”
https://www.blackpoolgazette.co.uk/sport/football/blackpool-fc/exciting-times-ah | |
| ‘Where there is harmony, may we bring discord. Where there is truth, may we bring error. Where there is faith, may we bring doubt. And where there is hope, may we bring despair’ |
| |
| Simon Sadler on 17:48 - Jun 13 with 564 views | BringBackTheRedRoom |
| |
| ‘Where there is harmony, may we bring discord. Where there is truth, may we bring error. Where there is faith, may we bring doubt. And where there is hope, may we bring despair’ |
| |
| Simon Sadler on 17:52 - Jun 13 with 559 views | Lala |
Nice skin, eyes and hair.
Looks like he’s slurped half a bottle of Benylin just before that pic was taken 💤 sleep 😴 | |
| |
| Simon Sadler on 18:06 - Jun 13 with 554 views | BringBackTheRedRoom |
Official Site
Blackpool Football Club is delighted to announce that Mr. Simon Sadler has acquired 96.2% of the Club. In addition, Mr. Sadler has purchased the Stadium, the training ground and Blackpool Football Club Hotel Limited. The transaction was completed on 13 June 2019, following the English Football League’s approval of the purchase.
Born and raised in Blackpool, Mr. Sadler held senior roles in finance before setting up an asset management business, Segantii Capital Management, in Hong Kong in 2007, where he remains Chief Investment Officer. Mr. Sadler is acting in an individual and personal capacity as the new owner of the Club.
Mr. Sadler is a lifelong fan of the Club, attending his first game at Bloomfield Road in 1977 with his father. Since 2014, he has been the proud owner of Sir Stanley Matthew’s 1953 FA Cup winner’s medal, currently on loan to the National Football Museum in Manchester.
The Club can confirm that Mr. Michael Bolingbroke (Executive Chairman), Mr. Ben Hatton (Managing Director) and Mr. Ian Currie (Non-Executive Director) will continue in their roles for the next few months whilst Mr. Sadler familiarises himself with the operations of the Club.
Mr. Sadler and Mr. Brett Gerrity will join the Board as Directors. Mr. Gerrity is a solicitor, a long-term Fylde Coast resident and a close and trusted friend to Mr. Sadler. They have attended many Blackpool matches together since the 1980s when they were both West Paddock members. Mr. Gerrity is a proponent of constructive engagement between the Club and its supporters. Mr. Tim Fielding will continue to assist the Club by assuming a role as an advisor to the Board.
Mr. Sadler said:
“It is my great honour and privilege to become the owner and custodian of Blackpool Football Club. By providing financial stability and investment over time, my intention is for the Club to achieve its full potential. I will ensure that the Club is managed with the interests of all stakeholders in mind.
“I would like to thank the Joint Receivers and the current board, management and staff for having chaperoned the Club during this time of transition. I would also like to thank the fans and the wider community for re-engaging with the Club after a lengthy period of turmoil.
“I look forward to the release of the fixture list on 20 June 2019 and to the season ahead. UTMP!”
Mr. Bolingbroke said:
“We are very pleased to welcome Mr. Sadler as our new owner, and Mr. Gerrity as a Board member. Mr. Sadler is investing in a Club with undoubted potential, and his investment will benefit not just the first team squad, but also help improve the Club’s training facilities and Academy programme and will actively assist in the Club’s re-engagement with the Blackpool community. Exciting times are ahead!”
https://www.blackpoolfc.co.uk/news/2019/june/club-statement-new-owner/ | |
| ‘Where there is harmony, may we bring discord. Where there is truth, may we bring error. Where there is faith, may we bring doubt. And where there is hope, may we bring despair’ |
| |
| Simon Sadler on 18:10 - Jun 13 with 549 views | BringBackTheRedRoom |
Staff Directory already updated...
BOARDROOM
Owner: Simon Sadler
Director: Brett Gerrity
Executive Chairman: Michael Bolingbroke
Managing Director: Ben Hatton
Non-Executive Director: Ian Currie
Advisor to the Board: Tim Fielding
https://www.blackpoolfc.co.uk/club/staff-directory/ | |
| ‘Where there is harmony, may we bring discord. Where there is truth, may we bring error. Where there is faith, may we bring doubt. And where there is hope, may we bring despair’ |
| |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
