Advertisement
UK markets closed
  • NIKKEI 225

    40,580.76
    +506.06 (+1.26%)
     
  • HANG SENG

    17,978.57
    +209.47 (+1.18%)
     
  • CRUDE OIL

    83.88
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,369.40
    0.00 (0.00%)
     
  • DOW

    39,308.00
    -23.90 (-0.06%)
     
  • Bitcoin GBP

    47,301.82
    -1,299.46 (-2.67%)
     
  • CMC Crypto 200

    1,260.67
    -74.25 (-5.56%)
     
  • NASDAQ Composite

    18,188.30
    +159.54 (+0.88%)
     
  • UK FTSE All Share

    4,463.09
    +33.43 (+0.75%)
     

Brentford confirm that owner Matthew Benham is exploring a sale

BRENTFORD, ENGLAND - DECEMBER 2: Brentford's Ben Mee celebrates scoring his side's second goal during the Premier League match between Brentford FC and Luton Town at Gtech Community Stadium on December 2, 2023 in Brentford, England. (Photo by Rob Newell - CameraSport via Getty Images)
BRENTFORD, ENGLAND - DECEMBER 2: Brentford's Ben Mee celebrates scoring his side's second goal during the Premier League match between Brentford FC and Luton Town at Gtech Community Stadium on December 2, 2023 in Brentford, England. (Photo by Rob Newell - CameraSport via Getty Images)
Brentford FC owner Matthew Benham is exploring a minority sale of the club, they have confirmed
Brentford FC owner Matthew Benham is exploring a minority sale of the club, they have confirmed

Brentford have confirmed that owner Matthew Benham is exploring the sale of a minority stake in the west London Premier League club.

Former City financier Benham, who made his fortune in the gambling industry, has owned his boyhood club since saving them from bankruptcy in 2012 and has helped take them from the third tier to the division.

Brentford have earned praise for consistently punching above their weight through smart business practice but recognise that they would benefit from further investment.

“It’s no surprise that there has been interest in investment opportunities at Brentford FC,” the club said.

ADVERTISEMENT

“While Matthew Benham’s commitment to the club remains as strong as ever, it is only natural, and perhaps even essential, for us to carefully explore what new investment could potentially mean for the future.

“We must not stand still and we remain absolutely determined to safeguard the long-term future and to remain competitive in the world’s most challenging and successful league.”

It is not known how much Benham is seeking but a deal, first reported by Bloomberg, would value the Bees at hundreds of millions of pounds.

US sport business Sportico put their valuation at £160m earlier this year, but recent Premier League investments suggest that figure could be far higher.

Everton are said to have fetched more than £500m in their pending takeover by US group 777 Partners, while Crystal Palace were valued at around £260m when multi-club owner John Textor took a 40 per cent stake in 2021.

Brentford are currently mid-table in their third consecutive season back in the top flight, having finished 15th last year and 13th the season before.

They secured a return to the division in 2021 after an absence of more than 70 years, thanks in large part to their canny player trading and data-driven approach.

A year earlier they opened their new 17,000-capacity ground, the Gtech Community Stadium, which Benham’s investment helped to secure. He is said to have ploughed more than £100m into the club in total.

Interest is likely to come from the US, where private investment companies have piled into European football properties in recent years.