Stoke Holding

Stoke Holding SA is a company created in 1999 headed by Icelandic businessman Magnus Kristinsson and lawyers Halldór Bigirsson and Stefan Thorisson. The company is based in Luxembourg, and financed by an Icelandic bank.

The company purchased 70% of the shares in Stoke City Football Club from Peter Coates in 1999 for a fee of £3.5m. 10% of these shares were then sold to businessman Phil Rawlins.

On May 5th 2006, the company decided to sell their shares in the club back to Peter Coates for £1.7 million[1]

References

  1. ↑ http://www.bbc.co.uk/stoke/content/articles/2006/05/26/local_tv_archive_coates_back_at_stoke_city_0506_feature.shtml
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