Orlando, FL – the football co., a division of Sputnik Enterprises, Inc., has engaged Iron Clad Sports, founded by former Managing Director of Citi Private Bank’s Sports Advisory Business, Brad Rangell, where he initiated coverage on the sports sector and built a multi-billion dollar business. While at Citi, Mr. Rangell executed dozens of sports-based M&A and financing transactions, representing in excess of $15 billion in transaction value in all four major professional sports leagues in the United States, NASCAR and the English Premier League.
Some of the high-profile transactions that Mr. Rangell led and executed include the sell side mandate for the Davidson family including the Detroit Pistons, buy side mandate for the Minnesota Wild, and multiple domestic league level financings. Previously, Mr. Rangell helped to form the original sports business at SG Cowen in 1997 that later moved to Lehman Brothers, where he executed a dozen agent level senior secured lending transactions including the $340 million financing for Dan Snyder’s acquisition of the Washington Redskins, the $20 million DIP financing for the Pittsburgh Penguins and five debt transactions with YankeeNets and their subsidiaries (including the Devils).
“We are pleased to have engaged Iron Clad Sports and Brad to assist us on several fronts as we pursue our global football business model. His experience speaks for itself and we look forward to working with him on market opportunities,” said Anthony Gebbia, CEO of Sputnik Enterprises, Inc.
“Peter, Anthony and Michael have a singular vision that is geared to add value to multiple clubs in a variety of football markets,” said Mr. Rangell. “I am pleased to be a part of it.”
About Iron Clad Sports
Iron Clad Sports is comprised of four seasoned financial executives, collectively representing more than 75 years of operational and leadership experience in the sports, media and entertainment space. Its team has completed transactions in virtually every phase of the sports, media and entertainment business. It has developed a best in class, global sports finance and advisory practice, with an unrivaled track record in executing complex transactions.
the football co. is a vertically integrated global football business that is investing in various business sectors of the global game. These sectors include, but are not limited to, ownership of multiple professional clubs, digital assets aligned into a single platform for fan engagement and grassroots development of young players globally. the football co. is a division of Sputnik Enterprises, Inc. which is a publicly traded company on the Over The Counter (OTC) exchange under the ticker SPNI. At the time of publication our shares are currently trading at: SPNI $0.90 and our current share price can be found at: http://www.otcmarkets.com/stock/SPNI/quote
This release contains certain forward-looking statements relating to the football co., a division of Sputnik Enterprises, Inc., and its subsidiary companies, which can be identified by the use of forward-looking terminology such as estimates, believes, anticipates, intends, expects and similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on the football co.’s current expectations and beliefs concerning future developments and their potential effects on the football co. There can be no assurance that future developments affecting the football co. will be those anticipated by the football co. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. the football co. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
and web site statements
Consistent with the SEC’s April 2013 guidance on using social media outlets like Facebook and Twitter to make corporate disclosures and announce key information in compliance with Regulation FD the company is alerting investors and other members of the general public that the football co. will provide regular updates on operations and progress of the Company through its social media accounts and its corporate web site(s). Investors, potential investors and individuals interested in the Company are encouraged to keep informed by following us on our various social media accounts.
Currently, the football co. has the following social media accounts upon which it may post information about the Company.
Twitter: https://twitter.com/thefootballco or @thefootballco
Certain major announcements will also be made through the SEC’s Edgar system and those announcements can be seen at: http://www.otcmarkets.com/stock/SPNI/quote
Sputnik Enterprises, Inc.