Soccer tipster Copenhagen`s shares jumped sharply

Shareholders of FC Copenhagen have jumped sharply today after their main shareholder in Parken Sport and Entertaining Company has confirmed media publications of investment interest.

Largest investor in the Parken Sport-Pension fund, LD Fund, told Reuters that he is in talks with Redstone Advisors Partners about the possible sale of 29 percent of the company`s assets.

For the time being, we have not signed any agreement. We still do not know what will happen. The ball is in the box of the court that has to decide, LD Fund Executive Director Dorit Wanglow told Reuters. They are interested not only in our shares, but also in the purchase of all shares and other shareholders in the Parken Sport consortium, she added.




Danish online magazine Insight Business earlier today announced that foreign investors can bid for the takeover this week for the entire company and it is valued at DKK 1, 27 billion ($ 195 million). Investors, albeit English - behind the American Fund Fortress Investment Group, are currently at 105-120 kronor ($ 16, 1-18, 4) a share.

Insid Business refers to sources that are aware of the negotiations around the deal. Wes Edens, co-founder of Forrestas, bought earlier in June 2018 a part of the team of the Championship-Aston Villa, along with Egyptian billionaire Nassef Saviris. Dorothy Vegul said that from the very beginning, the LF Fund managed by him was in contact with Redstone Advisors, but not with the Americans behind them.

The penetration of many investors in English football from Asia and the United States has literally pushed wealthy businesspeople from England and now many of them turn to teams from continental Europe where they can achieve good results with less investment than the Premier League.

Created in 1992 by the merger of two smaller clubs via archive of soccer predictions from the Danish capital, FC Copenhagen has now won 12 championships and last season finished 4th. Despite the missed title, the club continues to be the most powerful in financial terms in the Scandinavian country.

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