Three of our departments teamed up to score a winner for Stockport County Football Cub.
The club has been bought from administrators – for an undisclosed sum – by the 2015 Group, a consortium of Cheshire businesses, entrepreneurs and County fans, with SAS Daniels’ corporate, employment and property teams handling the deal on behalf of the buyers.
Our team included Jeremy Orrell, Corporate; and Karen Barker, Employment.
“It was complicated, as any deal would be in the circumstances, not just because of the issue of administration, but also because the 2015 Group is buying the club but not the ground,” said Head of Corporate.
“But while every deal is unique, there was actually little in this one that we hadn’t seen before. The crucial aspect was ensuring nothing was missed: commercial matters, movement of shares, employment issues and, of course, the issue of agreements with the owners of the ground itself.
“Nevertheless, it has been very exciting to be involved in the revival of a very visible local icon, and getting the deal right in the eyes of the community and fan base was a key priority for all those involved.”
Sean Connolly of the 2015 Group said: “It’s no secret that Stockport County has battled through a challenging sporting and financial end to the season, but this deal provides the club, the players, the fans and the owners with a clean sheet and new start.”