The takeover of Salford Red Devils has officially been completed with the club revealing their new owners this week.
Confirming a full change of ownership on Friday, 7 February, the Greater Manchester rugby league side has handed over 100% control to an investment bank.
Pending full ratification from the Rugby Football League (RFL), news of the buyout couldn’t have come at a better time as the Red Devils prepare to get their season underway in just a week’s time.
Sharing a lengthy statement on the club site, they informed supporters of the decision “that secures the future of the club.”
The update explains that following extensive talks with stakeholders, the Community Benefit Society (CBS) and Salford City Council, the purchase of the Super League rugby club has been approved.
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It has now been revealed that Salford has been taken over by a group of investors led by businessman Dario Berta, a Swiss banking insider, former director of the global UBS financial group and now CEO of Matanel, which specialises in real estate.
The update goes on to detail that Chris Irwin, the former Chief Commercial Officer at Salford Red Devils and more recently Exeter City Football Club, has rejoined the club as the new Chief Executive Officer.
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Most importantly for Salford Red Devils, Berta and co.’s first act following the takeover was to clear all of the club’s debts and put forward “additional significant investment for future growth.”
This will be music to fans’ ears, no doubt, especially given the less-than-ideal order handed down by the RFL given the state of Salford’s books and recently enacted financial regulations.
The process of recruiting a new internal management structure is already said to be underway ahead of the final green light to the new owners, though it is understood to be merely a formality at this stage.
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CEO Irwin is said to have met with Paul Rowley, Kurt Haggerty and the current men’s first-team squad at the Salford Community Stadium in Eccles on Friday morning ahead of training.
Although squad reinforcement is inevitable as part of the investment, the statement goes on to clarify that “there will be a selection restriction for this weekend’s Challenge Cup Third Round fixture against the Midlands Hurricanes” but will be lifted ahead of their 2025 season opener.
Significant funds will also be allocated towards stadium redevelopment and the wider club infrastructure. New owner Berta went on to state: “This is the start of a very bright and successful future for Salford…
“I’m very proud to be involved, and with Chris at the helm, I feel like we have the perfect opportunity to build something special. Our focus and dedication now is to work together with stakeholders and fans to build sustainable success on and off the pitch for the long term.”
Salford City Mayor, Paul Dennett, added: “I’m very happy to welcome Dario Berta to Salford and look forward to working closely together to see an exciting future for Salford Red Devils, building on the successes of the last five years.”
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The Red Devils are set to get their new domestic campaign underway against St Helens in their Super League opener on Saturday, 15 February.
Meanwhile, international rugby has returned to our screens and Manchester city centre has plenty of places to watch every second of the action.
Details released of Andy Burnham’s meetings with Manchester City owners while Mayor
Emily Sergeant
Details of Andy Burnham’s meetings with Manchester City owners during his tenure as Mayor of Greater Manchester have been released.
In case you need bringing up to speed on the situation a little first, Manchester City was found guilty back in September all of its charges related to the Premier League’s financial rules over a nine-season period, and on top of that, was also found guilty of the majority of charges in relation to its failure to co-operate with the League’s investigation.
According to the Premier League, the independent Commission found that Manchester City had arranged so-called ‘sham’ commercial deals with a number of its sponsors.
These were part of a disguised funding scheme – with those sponsors only required to pay a portion of the relevant sponsorship fees.
The remainder was then funded by Abu Dhabi United Group Investment & Development Ltd (ADUG), which owned the club.
The Commission also concluded, as quoted by the Premier League, that the club had ‘made concerted efforts to stop and frustrate the Premier League investigation’.
Within the past week or so, it has since come to light that now-Prime Minister Andy Burnham had dealings with Manchester City during his tenure as Greater Manchester Mayor, and Greater Manchester Combined Authority (GMCA) has now issued a public statement, giving details on the matter and what these ‘dealings’ entailed.
A spokesperson for GMCA confirmed that Burnham had a ‘formal meeting’ with Man City Chairman, Khaldoon Al Mubarak, back in October 2021.
The statement reads in full: “In October 2021, Andy Burnham, in his role as Mayor of Greater Manchester, had a formal meeting with Khaldoon Al Mubarak at the UK Government’s Global Investment Summit arranged by the Department for International Trade.
“In his capacity as Mayor, he was a guest of Manchester City FC at home matches on a small number of occasions, including attending Vincent Kompany’s testimonial match in September 2019, where he met the Chairman informally in the stands. These have been declared in the usual way.
“Also during his time as Mayor, representatives of Greater Manchester sporting clubs would routinely join business delegations as part of Mayoral international visits.
“This included representatives from Manchester United travelling to Austin and Dublin, Lancashire Cricket Club joining a delegation to India, and Manchester City FC staff supporting visits to China and Japan.”
Featured Image – Lauren Hurley / Number 10 Downing Street (Press Image via Flickr)
Sport
Multiple arrests made for ‘tragedy chanting’ and police officer assault as Man City defeated Liverpool
Emily Sergeant
Multiple people were arrested over the weekend as Manchester City defeated Liverpool in a Premier League clash.
Merseyside Police have confirmed that a total of 10 people were arrested during the policing operation at Liverpool’s home ground of Anfield as they hosted Manchester City on Sunday 11 October.
One man was arrested on suspicion of assaulting a police constable, five were on suspicion of tragedy chanting, one on suspicion of being drunk and disorderly, two for affray, and one on suspicion of throwing items onto the pitch.
Police are now appealing to the public, and are particularly looking to speak to witnesses of the assault of the officer.
At around 6:35pm, as fans left the stadium, a police officer sustained a ‘serious facial injury’ during the arrest of a man on Anfield Road, and was subsequently taken to hospital for treatment but is now recovering at home.
Investigating officers are now conducting enquiries, speaking to witnesses, and analysing CCTV and camera phone footage.
Chief Inspector Leanne Hobin said it’s ‘extremely disappointing’ that an officer has sustained a serious injury while carrying out their duty.
“I hope the arrests send a clear message and act as a deterrent to others,” Chief Inspector Hobin continued. “Anyone who engages in this abhorrent behaviour risks ending up in custody and getting a criminal record.
“Despite the actions of a few, the overwhelming majority of the 60,000 fans in attendance behaved well and I want to thank them for their co-operation.”
Manchester City ended up defeated Liverpool 3-0 during the Premier League clash at Anfield.