STATEMENT: TDL Media in advanced talks to acquire Glasgow Clan
Glasgow Clan, the leading Scottish ice hockey team today confirm that the club is nearing the end of a sale process which will see the Clan sold to TDL Media.
Glasgow Clan finished eighth in the Viaplay Elite League and just missed out on the playoff semi-finals in Nottingham this past weekend following a narrow 7-6 aggregate defeat to the Belfast Giants.
Michael O’Rourke principal of TDL Media said: “We look forward to completing the takeover of the Glasgow Clan and the lease of its home venue, the Braehead Arena.
“We have tremendous respect and admiration for the passion and support that exists around this great club. Over the coming years our objective is to put the Glasgow Clan in the best possible position to achieve success on and off the ice.
“We must thank the owner Neil Black. If it were not for his vision in founding the Clan some thirteen years ago, along with his passion and commitment to the club, the Clan would almost certainly not exist and for that we will always be grateful.”
Neil Black the owner and founder of the Glasgow Clan commented: “The time is right to pass on the custodianship of the Clan. When I decided to explore the possibility of selling the club, there were many excellent interested parties.
“My main priority was to engage with someone I could pass this great club along to, who had the necessary resources and experience of the Sports & Entertainment market in the UK, who could grow the Clan Organisation and ensure its continuation for future generations.
“With this in mind, I believe that TDL Media who via their previous ownership of Premier Sports were great supporters of the Elite League and top flight Scottish Football & Rugby, are the right people to grow the Clan Organisation and I believe that they will not only be great custodians of the Clan but also a great addition to the Elite League as a whole.”
No further announcements will be made until the transaction to sell the club is completed.
About TDL Media
Founded in 2010, TDL Media is the investment vehicle of the family office of Michael O’Rourke. It invests predominately across the media, entertainment and tech industries either on a majority or minority basis. Its current portfolio of investments includes majority ownership of sports broadcasters Premier Sports Ireland, Premier Sports Asia and W Sport (the world’s first dedicated women’s sports channel). Other investments include Zero Latency (a Virtual reality gaming experience) and Circulator (email communications specialist). Its notable minority positions include Future Ticketing (Ticketing Software Provider), Cage Warriors (the UK’s leading MMA operator), and Joe Media (Digital publisher).
