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Multi-million pound takeover at Ospreys

ASIAN-BASED sports marketing group, Y11 Sports & Media, have bought a 75.1 per cent stake in the Ospreys.
Ospreys chairman Rob Davies will remain in his role as he and pre-existing shareholders collectively retain a 24.9 per cent stake, with chief executive James Davies-Yandle and financier Donald Tang added as directors on the club’s board.
A new holding company - Ospreys International Group - has been established after the “multi-million-pound” deal, with all the financial benefits made to be put back into the club.
Ospreys had been searching for investment since a p...

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