Stoke Holding
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Stoke Holding SA is a company created in 1999 headed by Icelandic businessman Magnus Kristinsson. The company is based in Luxembourg, and financed by an Icelandic bank.
The company purchased 70% of the shares in Stoke City Football Club from Peter Coates in 1999 for a fee of £3.5m. 10% of these shares were then sold to businessman Phil Rawlins.
On May 5th 2006, the company decided to sell their shares in the club back to Peter Coates for £1.7 million [1].
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