Michael Dell and his MSD UK Holdings group invest in Southampton
Michael Dell’s investment arm MSD UK Holdings have finalised an investment agreement with Southampton FC – a year after similar individuals engaged in talks over purchasing Sunderland AFC.
MSD UK Holdings are a newly-established investment group set-up to manage the wealth of billionaire technology tycoon Michael Dell, who last year was mentioned asapotential‘passive,minority investor’ in a deal to buy Sunderland.
That deal was led by MSD employees Glenn Fuhrmann, RobertPlatekandJohnPhelan –
And after rumours earlier this year that MSD were interestedinstrikinganinvestment deal with Derby County, they have now finalised an agreementwithPremierLeagueside Southampton. similar terms to the agreement that was struck between FPP and Madrox. Indeed, the signatory on behalf of MSD UK Holdings is a Marcello Liguori – the same individual who signed the deal between Madrox and FPP.
Interestingly, MSD UK Holdingswereonlyestablished as a company on June 29 and share one common director with FPP Sunderland – Robert Platek.
While the specifics of the deal with Southampton, includingtheamountinvestedby thegroup,remainsunclear,the chargeisregisteredagainstthe club itself, their home ground and training ground and a number of items of intellectual property.
The investment deal does not seem to break any EFL or Premier League rules regarding a conflict of interest given that no individuals or groups hold shares in both clubs – and since the respective investment deals came from separate entities.
But the news will come as a further blow to Sunderland supporters who
future –
in the near
“Their view is that they’re 3000 miles away and they invest in management teams, so theirinvestmentwasinme,”he said. “So if I’m not there it’s unlikely, I think, that they’ll want to take it on.”