RANGERS administrators did not get a proper valuation of the club before selling the business assets for just £5.5m to the Charles Green’s Sevco consortium, it has emerged. While some within Duff and Phelps, the company responsible for guiding the club through its financial implosion, were pushing for a brand valuation, it has emerged it was dropped in a matter of days with one manager saying it had been considered “a waste of money”. The brand, which includes the ability to use the club’s name, trademarks and logos for financial gain, and is used in all its merchandising was effectively sold for nothing.
Duff & Phelps, A Kroll Business, Hires Andy Marsden To Lead The Firmâs Business Modelling And Analytics Team In London Date
21/04/2021
Duff & Phelps, A Kroll Business, the world’s premier provider of services and digital products related to governance, risk and transparency, today announced that Andy Marsden has joined the firm as a managing director to lead its Business Modelling and Analytics team in London.
Marsden brings more than 16 years of modelling experience and will assist the firm’s clients across all sectors with a variety of requirements including developing transaction models to support buy-side and sell-side deals, and applying data analytics as part of transaction diligence and business strategy design.