Flick Gocke Schaumburg advises ‘ROOF’ shareholders on sale and reinvestment to United Talent Agency

Flick Gocke Schaumburg has advised the shareholders of Representatives Of Outstanding Footballers (ROOF) on the sale and reinvestment to United Talent Agency (UTA)/Klutch.

Advisors to Representatives Of Outstanding Footballers: Flick Gocke Schaumburg

Dr. Christian Kahlenberg, Dr. Tim Zinowsky, and Dr. Tobias Schwan (all tax law)

The advice included tax structuring, the tax aspects of the contract negotiations and the re-investment. 

With offices in Germany, the UK and Spain, ROOF is one of the leading player agencies in European professional football. Its clients include numerous high-profile footballers from the top European leagues. The company has around 150 clients; around 130 players and 20 coaches and managers. The agency is particularly well represented in the Bundesliga, where it is regarded as the market leader in the field of player advisory services. ROOF will continue to operate under its own name and with its own management team.

UTA, headquartered in Los Angeles, was founded in 1991 and is a leading talent, sports, entertainment and consulting firm representing artists, athletes, entertainers and brands worldwide. UTA’s celebrity clients include US celebrities such as LeBron James of the Los Angeles Lakers, actors Sylvester Stallone, Arnold Schwarzenegger and Harrison Ford, as well as the singer Christina Aguilera.

The sports consulting agency Klutch, founded in 2012 and in partnership with UTA since 2019, represents some of the biggest athletes in professional sports worldwide. The agency offers strategic support in areas including branding, communication and social responsibility, as well as in other areas at the intersection of sport, entertainment and culture. <<<