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Mandaric to acquire Sheffield Wednesday FC

By Pete Hayman    30 Nov 2010

Sheffield Wednesday Football Club (SWFC) has informed the London Stock Exchange that its board has agreed to sell the club to Milan Mandaric.

UK Football Investments (UKFI) - fully owned by trustees of the Milan Mandaric 2008 Revocable Club - will acquire 100 per cent of the npower League One club for £1. UKFI has also reached agreement with the Co-operative Bank to clear SWFC's residual debt, with Mandaric set to serve as chair of the club.

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Company profile: Precor
Precor provides fitness and wellness equipment to all market segments, including commercial clubs/facilities, Hospitality, Residential, Corporate, and Education. We pride ourselves on being able to offer a turnkey solution, which also includes 2D and 3D design services, marketing and aftersales support, and service contracts.
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