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Molson Canadian

American group invests in Millwall

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Posted

From: http://msn.foxsports.com/soccer/story/6508220

An American investment group bought a stake in Millwall on Friday.

Lead by John G. Berylson, Chestnut Hill Ventures invested 5 million pounds (US$9.7 million; €7.3 million) into the League One club. A further 1.5 million pounds (US$2.9 million; €2.2 million) could be raised from other parties and existing directors.

Former chairman Peter de Savary will also invest 500,000 pounds (US$970,000; €740,000).

Berylson will become non-executive chairman of Millwall Holdings and a club director. Demos Kouvaris, also involved in the deal, will join both boards.

Chestnut Hill Ventures has interests in business, financial services, retail, property and sport.

Posted

This is seriously funny...dumb Americans buy (what they perceive to be) a cheap London club.

Quick, someone try to sell them a bridge...

Posted

As I understand it, they were on a tour of the London area for a club to invest in.

Upon stumbling into Bermondsey, were confronted by a delightful bunch of skinhead yobs who told them, and I quote:

"You'll invest in Millwall FC... if you know what's good for you!" :ph34r:

And thus the tale is complete. :cool:

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