{"id":18331,"date":"2026-08-20T16:44:39","date_gmt":"2026-08-20T15:44:39","guid":{"rendered":"http:\/\/localhost:8888\/ownership-1\/"},"modified":"2026-08-20T16:44:39","modified_gmt":"2026-08-20T15:44:39","slug":"ownership-1","status":"publish","type":"post","link":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/ownership-1\/","title":{"rendered":"The offshore letterbox"},"content":{"rendered":"

A brass plate, a serviced office and eleven companies that own each other in a circle. The first chapter of a four-part investigation starts where the club's money goes when it leaves the country.<\/p>\n\n

The plate<\/h2>\n\n

The registered address is a door between a dentist and a travel agent. Behind it, according to the filings, sit the holding company of a club with a 30,000-seat ground, its two largest creditors, and the company that owns the training ground it rents.<\/p>\n\n

\"\"
The registered office. Nobody answered.<\/figcaption><\/figure>\n\n

The circle<\/h2>\n\n

Company A owns 60% of company B. Company B owns 100% of company C. Company C owns 40% of company A. Somewhere inside the loop is the club, and outside it, on paper, is nobody at all.<\/p>\n\n

Eight months of filings across six jurisdictions produced one name, once, in a document that was withdrawn nine days after it was lodged. Chapter two is about who saw it.<\/p>","protected":false},"excerpt":{"rendered":"

A brass plate, a serviced office and eleven companies that own each other in a circle.<\/p>\n","protected":false},"author":3,"featured_media":18217,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_spx_person_id":0,"_spx_fixture_id":0,"_spx_pick_id":0,"_spx_eg_facts_label":"","_spx_eg_facts":"","_spx_figure_caption":"","_spx_news_feat":"","_spx_video_url":"","_spx_duration":"","_spx_views":"","_spx_presenter":"","_spx_media_state":"","_spx_start_at":"","_spx_media_status":"","_spx_episode":"","_spx_subject":"","_spx_subject_role":"","_spx_story_year":"","_spx_duration_seconds":0,"_spx_view_count":2,"footnotes":""},"categories":[86],"tags":[],"spx_comp":[],"spx_fixture_ref":[],"spx_series":[354],"spx_format":[310],"spx_video_kind":[],"spx_show":[],"spx_sport":[],"spx_flag":[],"class_list":["post-18331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investigations","spx_series-who-really-owns-your-club","spx_format-long-read"],"_links":{"self":[{"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/posts\/18331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/comments?post=18331"}],"version-history":[{"count":0,"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/posts\/18331\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/media\/18217"}],"wp:attachment":[{"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/media?parent=18331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/categories?post=18331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/tags?post=18331"},{"taxonomy":"spx_comp","embeddable":true,"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/spx_comp?post=18331"},{"taxonomy":"spx_fixture_ref","embeddable":true,"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/spx_fixture_ref?post=18331"},{"taxonomy":"spx_series","embeddable":true,"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/spx_series?post=18331"},{"taxonomy":"spx_format","embeddable":true,"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/spx_format?post=18331"},{"taxonomy":"spx_video_kind","embeddable":true,"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/spx_video_kind?post=18331"},{"taxonomy":"spx_show","embeddable":true,"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/spx_show?post=18331"},{"taxonomy":"spx_sport","embeddable":true,"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/spx_sport?post=18331"},{"taxonomy":"spx_flag","embeddable":true,"href":"https:\/\/preview.sportpulse.anpsthemes.com\/news\/wp-json\/wp\/v2\/spx_flag?post=18331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}