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DJ Sport Capital Group Plc Update re. Directorate at Subsidiaries

 
TIDMSCG 
 
SPORT CAPITAL GROUP PLC 
 
                   ("Sport Capital Group" or the "Company") 
 
                 Update; Change of Directorate at Subsidiaries 
 
Sport Capital Group wishes to advise the market that Mr. John Treacy, a 
Director of the Company, has resigned from the boards of the Company's 
indirectly-held subsidiaries, Sport Capital Group Investments Limited, Palermo 
Football Club S.p.A. and US Città di Palermo S.p.A. Mr. Clive Richardson has 
also resigned from the Boards of Sports Capital Group Investments Limited, 
Palermo Football Club S.p.A. and US Città di Palermo S.p.A. 
 
 Mr. Treacy and Mr. Richardson joined the board of US Città di Palermo S.p.A. 
in late December 2018 and Palermo Football Club S.p.A. in January of this year. 
 
Disclosures 
 
This announcement includes inside information as defined in Article 7 of the 
Market Abuse Regulation No. 596/2014 ("MAR"). 
 
Sport Capital Group plc, 
 
Simon Grant-Rennick, Chairman 
 
6th February 2019 
 
This announcement has been made after due and careful enquiry. The Directors of 
Sport Capital Group plc accept responsibility for its content. 
 
REGULATORY ANNOUNCEMENT ENDS 
 
Enquiries 
 
Sport Capital Group plc: Simon Grant-Rennick 
 
E-mail:                 sgrelk@aol.com 
 
Mob:                   +44 797 325 3124 
 
Keith, Bayley, Rogers & Co. Limited (NEX Exchange Corporate Adviser and 
Broker): 
 
Graham Atthill-Beck 
 
E-mail:                 Graham.Atthill-Beck@kbrl.co.uk 
 
Tel:                      +44 20 7464 4091 
 
Mob:                    +971 50 856 9408;+44 750 643 4107; 
 
Brinsley Holman 
 
E-mail:                 Brinsley.Holman@kbrl.co.uk 
 
Tel:                      +44 20 7464 4098 
 
Mob:                    +44 777 630 2228 
 
Financial PR: 
 
Damson Communications: 
 
Abigail Stuart-Menteth 
 
Tel:                     +44 (0)207 812 0645 
 
E-mail:                abigail@damsonpr.com 
 
                               Notes for Editors 
 
About Sport Capital Group plc 
 
Sport Capital Group invests in companies in the global sports and leisure 
sectors. In particular the focus is on football, associated real estate, 
stadium assets, merchandising and IP. 
 
SCG's strategy is to invest in a portfolio of at least six football clubs, 
their IP and real estate, focusing on opportunities in Europe including the 
United Kingdom. The Company will bring professional on- and off-pitch football 
management, business and corporate finance capabilities to bear on 
under-managed clubs, of which there are many. The team will consist of 
professionals from football, business and the capital markets. 
 
The Company's business model is to acquire lower league and non-league clubs, 
apply capital, business expertise, high-level football management and coaching, 
to create positive momentum and team psychology resulting in promotions to 
higher leagues. It will innovate and develop new revenue streams in its 
portfolio clubs. Promotion usually adds greatly to revenue streams and results 
in significantly higher asset values. 
 
 
 
END 
 

(END) Dow Jones Newswires

February 06, 2019 02:00 ET (07:00 GMT)