Disposing of a sports asset
Our independent advice and support can help you avoid the many pitfalls and increase the chances of a successful transaction.
The decision to sell a business is one which is not taken lightly. You only get one chance, so it is vital to get it right. While every disposal is unique, our experience shows that there are common questions to be answered, and it is fundamental to the success of the disposal to identify and address these issues as early as possible. Preparation is a key factor.
Our services will be tailored to your needs. We offer complete disposal transaction management including:
• review of options;
• valuation of the business;
• preparation of an effective and sports industry focussed information memorandum;
• identification of potential acquirers through our global network of sports industry contacts;
• tax planning;
• negotiation, on your behalf, with the potential acquirers and their advisers;
• vendor due diligence services to provide the acquirer with a complete and independent picture of your business; and
• transaction management
Vendor due diligence
Vendor initiated due diligence is at the heart of maximising value, minimising disruption and avoiding late surprises through the disposal process.
Involvement of Deloitte’s vendor due diligence specialists at the initial stage of the disposal process will assist you in achieving a fully priced and clean exit. We offer vendor assistance up to a year before a planned transaction, considering whether a business is ready for disposal, identifying key areas of required separation activity and identifying areas of vulnerability which will impact value coupled with solutions to address them.
In addition, we will support you through the auction process, working closely with your other advisors seeking to protect value and manage risk by recommending commercial and contractual remedies to challenges identified during the vendor due diligence process.
Our sell side and sports business specialists, working alongside company management and your other advisers, will provide bidders with a high quality, independent and focused due diligence report on the business to be disposed of, set within the context of the relevant part of the sports industry. We have deep insight into the differing and stringent requirements of both corporate and private equity bidders, and their financiers. This ensures that all bidders are in possession of the information necessary for them to bid with confidence, maximising the value and minimising the disruption that you get from the disposal.