Cazoo to replace Sportpesa

[LouReedwalkonthewildside]

Looking forward to one of these on my seat at the game

 

[Goat]

Thats more than Sportspesa isnt it?

I dont think so.

 

[GwladysBlue]

A sponsor that has just over 1,000 followers on Twitter. Truly incredible we’d associate with such a brand.

We might as well pack it in as a club trying to do anything when these are the brands our leaders think we need at the club.

Truly pathetic.

 

[bcblue1878]

Thats more than Sportspesa isnt it?

Says in the article “similar to the previous arrangement around £9.6m per year”, this Cazoo deal though doesn’t include the women’s team or academy teams, allowing them to negotiate separate deals for those teams!

 

[Azza]

Who?

 

[blue to the bone]

Doesn't mean he's ITK with the club - just means someone who was given the info ahead of the embargo today told him. A journo, sports site or whatever.

ITK.

 

[Goat]

Who?

Company founded December 2019, the owner previously founded Zoopla.

The fella makes it rain, fair play to him.

Alexander Edward Chesterman OBE (born 9 January 1970) is a British internet entrepreneur he was named Ernst & Young Entrepreneur of the Year in 2013[1] and in 2017 named on Debrett's 500.[2] He is currently the founder and CEO of online used car platform Cazoo[3] - which is aimed at transforming the used car market in the UK.[4] In December 2018 Chesterman raised over £30m in pre-seed funding [5] and then went on to raise a further round of £50m pre launch for Cazoo[6]. He launched the business in December 2019[7]. In March 2020 he then went on to raise a further £100m for Cazoo[8][9]. He is also the founder of the property website Zoopla in 2007. Zoopla became digital media business ZPG Plc (LSE:ZPG)[10] a FTSE-250 listed company and owns brands which include Zoopla, uSwitch, PrimeLocation, Money and Hometrack and employs over 1,000 people in the UK. In July 2018 ZPG Plc was bought by US private equity business SilverLake Partners for £2.2bn and delisted from the FTSE 250.

 

[navidson]

Usmanov and Ancelotti = Unheard of used car company

Well in Everton

 

[Azza]

Hummel make some great kits and it's going to have some horrible car on the front now.

 

[Catfish Blues]

You're all going to have say nice things about the Daily Mail now that we're a Tory club

From https://www.motortrader.com/motor-t...unding-mark-latest-round-investors-02-09-2019

Cazoo has announced that it has raised a further £25m of pre-launch funding.

The company has now raised more than £55m ahead of its planned launch later this year.

The latest funding round was led by existing investors including dmg ventures (the venture arm of DMGT plc), Stride.VC, Octopus Ventures and Entrée Capital with the new funds to be used to further grow the team and invest in marketing and operations.

 

[blue to the bone]

Some things never change

 

[Goat]

I wonder where he got his seed money from.

!!!!!!!!!!!!!!!!!!!!!!!!!

 

[firefighterblue]

Similar to the SportPesa money apparently. Had been rumors that it was going to be a USM company dropping 15m per year.

Why bother dumping sportspesa then. Was it because it was a gambling firm?

 

[navidson]

Why bother dumping sportspesa then. Was it because it was a gambling firm?

Probably because they took the pish out of us every chance they got

 

[firefighterblue]

Probably because they took the pish out of us every chance they got

They did but seems the same deal money wise