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Wembley Wembley is planning to sell its six greyhound racing tracks to Risk Capital Partners for £50m. 28-Feb-2005 Wembley is seeking a buyer for its UK gaming division, which includes greyhound tracks in Manchester, Birmingham, Wimbledon, Oxford and Portsmouth and is valued at up to £50m. 09-Feb-2005 Wembley is considering plans to sell its GRA greyhound racing business for up to £50m, including venues in Wimbledon, Birmingham, Manchester, Portsmouth and Oxford. 07-Oct-2004 Wembley is to be acquired by MGM Mirage of the US for £270m, which could lead to the development of casinos at Wembley's five UK greyhound stadiums. 28-Jan-2004 Wembley is to close the Catford greyhound racing track in London, to make way for redevelopment of the site. 06-Nov-2003 Wembley, the gaming group valued at £168m, is in discussions with a private equity firm and its largest shareholder Active Value about the possibility of a management buy-out. 12-Sep-2003 Wembley is to acquire the Perry Barr Greyhound Racing Club in Birmingham for £4.2m, and up to £2m will be invested in new facilities. 08-May-2003 Wembley has sold its London-based property business to Quintain Estates for £48m, and the proceeds will be invested in its gambling operations. 08-Aug-2002 Wembley is to sell its ticket retailing business to The Way Ahead Group for up to £0.6m, as part of a strategy to dispose of its non-core Events Services division. 20-Jun-2002 Wembley is to sell its Keith Prowse hospitality business to management for £5.5m, in order to focus on its racetrack and gaming operations. 13-Mar-2002 Wembley is looking to sell its 50-acre Wembley Complex site in north London, which includes Wembley Arena and exhibition halls and is estimated to be worth £50m. 02-Mar-2001 Wembley is to acquire Corporate Innovations Company, the event management company, for up to £4.5m. 27-Oct-2000 Wembley is forming a joint venture with a number of music promoters to broadcast concerts from Wembley Arena on the internet and on TV. 03-May-2000 Wembley is to seek planning permission to redevelop a 43-acre site next to Wembley Stadium in London. 01-Mar-2000 Wembley has finalised a £106m deal to sell the London football stadium to the English National Stadium Development Company, thus clearing the way for the construction of a £250m sports arena. 12-Mar-1999 Wembley has agreed a deal to sell its London stadium to the English National Stadium Development Company for £103m, which clears the way for its £250m redevelopment. 13-Jan-1999 Wembley has rejected a £228m takeover approach from Enic, and intends to continue with plans to sell its London stadium to the English National Stadium Trust. 09-Jan-1999 Wembley is considering how to spend the £103m it will receive from the sale of Wembley Stadium, and options include the acquisition of a leisure business and a share buy-back. 04-Sep-1998 Wembley plc, having recently agreed to sell Wembley stadium, is undergoing a strategic review that could result in the eventual break-up of the group. 13-Apr-1998 The English National Stadium Trust has finalised plans to buy London's Wembley Stadium from Wembley plc for £103m, in order to demolish it and make way for the construction of a new £240m stadium. 03-Apr-1998 The Football Association has reached agreement with the English National Stadium and the English Sports Council to launch a joint bid for Wembley stadium, in order to build the new National Stadium at the site. 21-Mar-1998 Wembley plc is to sell Wembley stadium to the National Stadium Trust next year as compensation for its loss of earnings during the three-year redevelopment of the London site. 27-Feb-1998 More from the Leisure sector Related pages: Barracuda Hilton Paddy Power Urbium Gladstone Wembley website: www.wembley.co.uk The information on this page comes from the UK Activity Report. Click here for further details Copyright UK Business Park 1995-2008