Brondy sell €30m majority stake to US consortium Football Global Holdings

November 8 – US consortium Football Global Holdings has acquired a majority stake in Danish club Brondby IF, for about €30 million.

“Our advisers have done a due diligence on GFH and we have concluded that GFH and their ownership group are the right match for us,” said Brondby chairman Jan Bech Andersen, who will continue as chairman.

“However, I fully understand the desire for greater insight into the ownership group at GFH, and that is why we have decided to go out with further information today.”

The consortium includes among others Crystal Palace investors David Blitzer, Eric Cohen, Dave Novak, Roberto Franco, David and Eli Simon as well as Jahm Nafaji, co-owner of the Phoenix Suns in the NBA and the McLaren team Formula 1 series, and Arctos Sports Partners, a Texas-based investment firm.

Operations at the club will largely remain the same for the time being. Brondby has won the Danish league eleven times, the last time in 2021.

This is the seventh club Blitzer has become involved in following the acquisition of stakes in Crystal Palace, Estoril Praia, Beveren, Augsburg, Ado Den Haag and Alcoron.

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