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JMW Corporate sees turnover soar with high-profile deals
The Corporate team at law firm JMW Solicitors has scored three high-profile sports deals in a period of significant growth that has seen the completion of 33 deals since May last year. With a combined value of £200million, turnover topped £1.5million.
Led by Partner Mike Blood, JMW Corporate advised on the successful acquisition of Charlton Athletic Football Club, Yeovil Town Football Club and Stockport County Football Club; a collective deal value of £66million. Stockport County was purchased by local businessman Mark Stott last month; a life-long supporter of the club.
Mike Blood, Partner and Head of Corporate at JMW Solicitors, said: “We’re delighted to have played a role in the successful acquisition of three fantastic football clubs, all of which are now well-positioned to build upon strong foundations.
“The deals round-off a very strong period of growth for JMW’s Corporate team, with a turnover increase of 38% compared to the same period last year. With robust markets and a strong pipeline, we expect to continue 2020 on that same trajectory.”
JMW has built significant expertise in Sports Law, with these latest deals further strengthening its track-record. In conjunction with completing legal due diligence and negotiating the share purchase agreements as is usual for corporate transactions, the firm also used its expertise and contacts to deal with football regulatory requirements including liaising with the Football Association, the English Football League and the National League.
Stephen Taylor Heath, Partner and Head of Sports Law added: “JMW benefits from a huge amount of expertise across the Sports Law team, which allows us to offer clients a wide breadth of knowledge and experience, covering everything from corporate, commercial and immigration issues through to media, dispute resolution and regulatory matters.”