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Former Man United goalkeeper Peter Schmeichel offers to buy stake in ailing club Brondby

Former Man United goalkeeper Peter Schmeichel offers to buy stake in ailing club Brondby

Former Denmark goalkeeper Peter Schmeichel wants to buy a stake in the ailing Danish club Brondby, whose longtime chief executive resigned on Friday.
Brondby, a five-time winner of the Danish Cup and a 10-time national champion, has lost 23 away games in a row _ a streak stretching back to last season _ and is 11th in the country's 12-team first division.
Schmeichel said he and a group of Danish investors had made a 250 million kroner (euro34 million; US$47 million) offer to buy shares and infuse cash in the club, where he played between 1987-1991 before joining Manchester United. He did not specify how large of a share they wish to buy, or how much of the money would be used to buy new players. Brondby has an estimated market value of 300 million kroner (euro40.3 million; US$55 million).
"The money is going to be used to improve the squad," Schmeichel said at a news conference.
The club is still pondering the offer.
Per Bjerregaard announced he would step down as CEO of the club earlier Friday, and Schmeichel said his group of investors want to help decide who will manage the club in the future.
Bjerregaard said he had planned to resign earlier this year but stayed on because of the club's woes.
"We have been through a crisis for quite a long time," Bjerregaard said in a television interview.
The 61-year-old Bjerregaard, a former team captain who has held several positions with Brondby, was named board chairman instead while Ole Palma was named temporary CEO.
Schmeichel and the investors, who described themselves as a group of friends interested in soccer, said they began talking with Brondby six months ago.
"We have a wish to do something for this club which is an institution in itself," Aldo Petersen, one of the investors, said.
Brondby was struggling even before former Denmark international Michael Laudrup stepped down as coach in May 2006, after five years at the club. Laudrup is now coaching Getafe in the Spanish league.
Brondby replaced him with Manchester United's reserve team coach Rene Meulensteen, who quit in January. Meulensteen later told Dutch newspaper Algemeen Dagblad that Brondby "was a very sick patient and an urgent surgery was needed."
On Sunday, about 200 fans had to be kept at bay by police after gathering outside the club headquarters to protest this season's string of defeats and demand Bjerregaard's resignation.
The Copenhagen club's main sponsor, Danish insurance company Codan, said Friday it would not renew its contract with Brondby when it expires next summer.


Updated : 2021-04-21 16:17 GMT+08:00