Global Football Holdings, L.P. (“Global Football Holdings”) has today entered into an agreement with Brøndbyernes I.F. Fodbold A/S (“Brøndby IF”) to launch a conditional voluntary public offer to buy a majority of the share capital in Brøndby IF.
The offer entails that Global Football Holdings will become the majority shareholder in Brøndby IF, with an initial ownership of just above 50% of the shares.
The board of directors of Brøndby IF is expected to unanimously conclude that the transaction is in the interests of Brøndby IF, and chairman of the board of directors and majority shareholder Jan Bech Andersen has entered into an irrevocable undertaking to tender and sell up to, but not more than, a majority of the share capital in Brøndby IF to Global Football Holdings.
Global Football Holdings is a co-owner of FC Augsburg from the German Bundesliga, and a majority owner of Estoril Praia from the Portuguese Primeira Liga and SK Beveren from the Belgian First Division B.
Accura has advised Global Football Holdings in connection with the takeover offer.