By Dragons' Den
July 30 2009
The London Evening Standard have picked up on the new investment at London Welsh and their City Spy column has taken particular interest!
The London Evening Standard reports:
SOME City types collect racehorses, others buy works of art or holiday homes. Not so Neil Hollinshead, CEO of Saudex Global, which he runs from a mailbox address in Pall Mall to make investments on behalf of members of the Saudi royal family. Hollinshead has apparently convinced his Saudi backers to move into the previously unheralded world of rugby union outside the premier division. So far, he's briefly backed the National League's London Scottish, offered his largesse to Barnes, and now has acquired a sizeable chunk of London Welsh. Just last week, he also promised a major investment in Rosslyn Park. Happy days all round, it seems. But does Hollinshead know what he is getting into and do his Arab friends?
