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Tag: Pacific media Group

KV Oostende heads for bankruptcy as PMG refuses to co-operate in hunt for new owner

May 20 – In a damning indictment of Pacific Media Group’s (PMG) football club ownership model, Belgium’s KV Oostende is facing bankruptcy after the club failed to find a new owner. 

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Europe

Pacific Media Group adds Kaiserslautern taking portfolio to seven European clubs

March 30 – Pacific Media Group (PMG) have acquired a stake of just under 10% in FC Kaiserslautern, the German club have announced.

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Finance

Pacific Media completes 7th club deal with Den Bosch acquisition

September 4 – The Pacific Media Group (PMG) has completed the takeover of Dutch club FC Den Bosch following the green light from the local licensing committee. 

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Europe

French clubs protest against Nancy and owner PMG’s flouting of transfer ban

August 3 – Eleven Ligue 2 clubs in France have denounced what they claim is unfair competition in terms of multi-ownership by the Pacific Media Group.

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Finance

PMG adds fourth club to portfolio with AS Nancy buy

January 4 – Pacific Media Group have acquired AS Nancy, the French Ligue 2 outfit who will become the fourth club in Chinese-American consortium’s portfolio.

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Europe

US investors Pacific Media Group add to club holdings with completion of KV Oostende buy

April 29 – After prolongated negotiations, American investment group Pacific Media Group (PMG) has become the new owner of struggling KV Oostende.

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Finance

PMG pulls out of KV Oostende acquisition

March 20 – American investment company Pacific Media Group (PMG) has pulled out of a deal to acquire a majority stake in struggling Belgian top-flight club KV Oostende.

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Finance

‘Money-ball’ investors Pacific Media Group take control of Belgium’s KV Oostende

February 17 – American investment company Pacific Media Group (PMG) has acquired a majority stake in struggling Belgian top-flight club KV Oostende.

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