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Saturday, November 23, 2024

London Calling: Another Premier League Club Weighs a Stake Sale

  • Brentford FC is reportedly exploring selling a team stake.
  • The club was promoted to the Premier League last season.
Brentford FC/X

The Premier League has seven London-based clubs this season — and yet another one is reportedly exploring adding a new investor.

Brentford FC owner Matthew Benham is said to be considering potential offers for a stake in the team, according to Bloomberg. The report also notes that Brentford could be worth more than $600 million.

With the development, Brentford joins many of its fellow London EPL rivals in considering more capital funding, with recent deals reported to include: 

  • Ares Management investing $500 million in Chelsea
  • Tottenham considering selling a minority club stake
  • West Ham United putting a minority stake on the market
  • Crystal Palace’s parent company exploring a $200 million raise to go public

Arsenal (which is owned by multi-sport club mogul Stan Kroenke) and Fulham (owned by the Jacksonville Jaguars’ Shad Khan) are the lone London-based soccer teams in England’s top flight that haven’t made recent headlines regarding funding.

New-Found Fortune

After a 13th place finish last year, Brentford currently sits in 11th in the EPL standings through 14 matches of its sophomore season after promotion from the second division.

If that moderate success on the pitch continues, Brentford will continue enjoying healthy revenue from the EPL’s new $8.5 billion domestic media rights deals.

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