The Directors are responsible for carrying out this objective, implementing the Company’s business strategy and conducting its overall supervision. The Directors’ intention is to create a trading business, rather than an investment entity. The Directors consider the potential vendors of target companies or businesses will be attracted by the opportunity to hold an interest in a company, that is listed on an official London exchange, with cash, access to capital markets and the know-how to develop the business.

Company Structure
As a company we have the following characteristics and when acquiring a company we will find businesses that have the similar traits.

• Are run by management with a strong track record of generating growth for shareholders and a proven experienced business record.
• Have solid commercial prospects within the sport sector.
• Have a compelling case for providing the foundation or platform for a scalable business that generates substantial and sustainable free cash flow over time.
• Are within fast developing countries, but within countries that have a strong focus on protecting investor’s interests, low sovereign risk and those that encourage and incentivise investment.
• Have the ability to grow with additional capital or be replicated in other markets.
• Have a sustainable competitive advantage or a unique selling proposition, perhaps arising from a product or service that is in high demand.
• Have the potential for near-term cash flow and development success.
• Have a balance sheet with tangible assets on it.
• Have the potential for a significant return for the Company’s shareholders
• Can be funded adequately to be able to deliver a realistic plan of achieving credible milestones and significant growth opportunities for Shareholders.