Selling a 66 per cent stake in a Premier League football club may seem like a divorce, but Formula 1 tycoon Bernie Ecclestone clearly sees things differently.
After all, the entrepreneur who, together with Italian businessman Flavio Briatore, owned a majority stake in Queens Park Rangers, instructed private client giant Withers for the sale of the shares (see story) – the same firm Ecclestone ditched during his split from his wife.
Ecclestone initially turned to Withers divorce and family expert Mark Harper during his separation from Slavica, only to plump for Manches partner Helen Ward instead in an amicable parting of ways (see story).
But it seems that when it comes to commercial deals and not divorces, Withers will do nicely. He and Briatore turned to big cheese Anthony Indaimo and fellow corporate partner Ben Simpson for advice on the sale of the stake in the West London club, which the firm believes “validates its focus on acting for the wealthy on M&A deals”.
QPR manager Neil Warnock was obviously commenting on Withers’ scoop when he told the media: “It’s a momentous day. Everybody connected with QPR should be excited.”
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