STRADA Investments Pty Limited has increased its shareholding in Sydney FC by acquiring all the remaining interests (10%) of LFG (Lowy Family Group) Investments Pty Limited.
The completion of the transaction sees STRADA Investments Pty Ltd increase its shareholding in Sydney FC to 98 percent.
The transaction is further evidence of the continued commitment of owners David Traktovenko and Scott Barlow to Sydney FC.
Sydney FC Chairman and STRADA Investments Managing Director Scott Barlow said: “Our family remains as committed as ever to Sydney FC and excited about the club’s future.
“This additional investment provides Sydney FC with further stability as we continue to implement our strategy and build on the outstanding growth and success of recent years.
“Today our club is financially stronger than ever before. We’re excited to be moving into our new world class football stadium and we look forward to the development of our Centre of Excellence. Both will position the club for its next phase of growth.”
- Was one of the founding shareholders in Sydney FC at the club’s inception in 2005 with a 15% shareholding.
- Became the majority shareholder in 2012.
- Increased its shareholding to 88% in 2015.
- Today holds 98% of the club’s shares.