75% takeover of Reading FC by Renhe Sports Management Co Ltd
28 June 2017
BDO advised Renhe Sports Management Co Ltd on their acquisition of a 75% stake in the Club and their debt restructuring.
“BDO not only displayed excellent understanding of the club and industry, they showed genuine interest and thought for our specific needs. It was clear throughout the process that the BDO CF and tax teams had extensive experience in the sector, having worked on numerous football deals. This became even more evident as they provided helpful and pragmatic advice on key financial and commercial areas early on in the process, that had a positive impact on our final decision making. We would recommend BDO and also hope to work again with the team in the future.”
Majid Hasan, Financial Advisor to Renhe Sports Management Co Limited