Case Study: mlplaw facilitates EOT transition for leading UK sports retailer
- Case Studies
- 30th Jan 2025
mlplaw has advised one of the UK’s leading sports retailers on a transition deal to make it an employee-owned business. We worked alongside the company’s accountants and tax advisors to develop the deal, which sees the retailer become a 95% employee-owned entity using an employee-ownership trust (EOT) model. The deal protects the future of the […]
By Rachel Owen
MLP Law
mlplaw has advised one of the UK’s leading sports retailers on a transition deal to make it an employee-owned business.
We worked alongside the company’s accountants and tax advisors to develop the deal, which sees the retailer become a 95% employee-owned entity using an employee-ownership trust (EOT) model.
The deal protects the future of the company and ensures that the ethos under which it was founded remains even after its original owners have transferred control.
The retailer’s Managing Director (and outgoing shareholder) said:
“After exploring several succession planning options, we found that the EOT model was the best way forward, offering attractive benefits for both the shareholders and employees. We are very grateful for the expertise and guidance provided by mlplaw, whose knowledge and experience provided us with clear advice and guidance throughout our EOT journey. We would highly recommend them.”
We offer our biggest congratulations to the business on this exciting new chapter!
About the expert
Rachel Owen
Partner - Corporate
Rachel is a highly experienced Corporate lawyer who joined mlplaw in 2019 from a national law firm and now leads the Corporate Team. Rachel’s main area of work is mergers and acquisitions covering share and asset acquisitions and disposals, but includes management buy-outs, investments, group re-organisations, demergers, joint ventures, shareholders agreement, articles of association, cross options, share capital arrangements, corporate governance, employee ownership schemes and share incentive schemes. She has a pragmatic approach and understands client’s priorities and objectives. She assists with the day to day needs of business clients. Rachel has gained particular experience in the Insurance and Healthcare sectors, but acts for clients from across the spectrum.
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