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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Base Grp. | LSE:BS. | London | Ordinary Share | GB0000566389 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.04 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:5088E Base Group PLC 02 December 2002 For release 2 December 2002 Base Group plc: Joint Collaboration with GEA World S.p.A For Italian Footballers transferring to the UK Base Group plc, ("Basegroup": formerly Digital Sport plc) a leading sports management and representation company whose shares are traded on AIM, announces a 50:50 revenue sharing agreement with GEA World S.p.A ("GEA"), the Italian Sports representation company. The deal gives Basegroup exclusive commercial and transfer rights to 160 Italian footballing clients in Seria A and Serie B leagues (equivalent to the UK's Premiership and 1st Division). GEA clients include: * Alessandro Nesta (AC Milan and Italy) * Marco Di Vaio (Juventus and Italy) * Marco Materazzi (Inter Milan and Italy) * Mark Iuliano (Juventus and Italy). As part of the agreement, Basegroup will provide a full range of services to professional football players who transfer from Italy to England. The Company will share agency fees equally with GEA, who will provide a reciprocal service in Italy. Services will include the financial structuring of deals for GEA players coming to the UK, relocation assistance, purchase and insurance of cars. In addition, Basegroup's extensive commercial knowledge, contacts and experience, generate a numerous commercial opportunities for GEA's clients. These include: kit-sponsorship, soft drink deals and lifestyle magazine articles. Basegroup will take a percentage of all such fees. Commenting, Leon Angel, Director, Basegroup, said: "GEA represents an excellent portfolio of clients, offering great potential to the UK Premiership, Nationwide League and Scottish Premier League. At the Interim results our stated strategy was to grow organically by acquisition and via joint ventures. This joint venture underlines that strategy, to build an organisation which can compete successfully in the global sports management industry." Commenting, Alessandro Moggi, Chairman, GEA World, said: "As Chairman of GEA World, I am very pleased to have entered into this Joint Venture arrangement with Base Group. Base is GEA World's first formal international partner. Base is a young and exciting company which has a proven capability and expertise in the UK football market. I look forward to working with Base and establishing an important footballing link between Italy and the United Kingdom." ENDS For further information please contact: Paul Vann, Emma McCaffrey, Paul McCaughey, Chief Operating Officer Sam Allen Leon Angel, Director (020 7437 7666) Binns & Co PR Ltd Tel: 020 7786 9600 Base Group plc Tel: 020 7580 0705 Notes to editors: Digital Sport plc ("the Company") became Base Group plc, as a result of AGM approval in June 2002. A sports management company, whose shares are traded on AIM, it has players, managers, and celebrities under management. They include: Harry Kewell; Darren Anderton; Gilberto da Silva; Magnus Hedman; and cricketer, Brian Lara. The Company, was formed in November 1999. In April 2000 it launched onefootball.com, a European football website. In November 2000, it gained admission to AIM, reversing into Ferrum Holdings plc: a cash shell, raising #4m in equity capital. In June 2001, Digital Sport plc completed its first acquisition, a sports management company, Icon Management. This comprised Base Soccer Agency: a licensed FIFA agent, which represented Mr. Terry Venables. The acquisition followed the disposal of the web-based business, onefootball.com to focus on football player/manager representation. Their strategy, via a three-year plan, will involve management restructuring and organic growth. A second acquisition was announced in June 2002: Time Management Global Limited ("TMG"), another sports representation business, for a maximum consideration in cash and shares of #1.8m. This added 65 sports clients to Basegroups' portfolio. This information is provided by RNS The company news service from the London Stock Exchange END AGRMGMZMRLZGZZM
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