Steve Lansdown has acknowledged that he is willing to consider selling the entire Bristol Sport portfolio, which includes Bristol Bears.
Based on Lansdown’s quotes the 70-year-old will also be selective in exactly who he chooses to pass the Robins and the rest of his sporting empire onto, wanting “the right people to take it forward,”
“I would sell yes,” Lansdown told The Bristol Magazine.
“I’ve got to an age now where I’ve got to look at succession but what I’ve done is to have a look at the overall package and if someone wants to come in and invest in all of it, or part of it, we can look at that.
"There is nothing imminent but we have talked to a number of people over the past year and we are always looking at how things can be better and how we can improve things.
“We have a Championship club, which is well respected and well run. It can be very expensive at times but effectively is debt-free.
"We have the Bears and the Ashton Gate development, the hotel and the sports and convention centre and the community aspects. There’s a significant asset there, or group of assets.”
Premiership's five richest rugby club owners
#5. Gloucester owner: Martin St Quinton net worth - £20.2 million
Ultimately owned by Martin St Quinton, who made his fortune from selling his company Azzurri Communications.
#4. Sale Sharks owner: Simon Orange net worth - £25m
Owned by Simon Orange via a holding company, CorpAcq Ltd. The combined cash at bank value for all businesses where SIMON holds a current appointment equals £20.6m, a combined total current assets value of £99m with a total current liabilities of £119.9m and a total current net worth of £-25m.
3. London Irish owner: Mick Crossan net worth - £45.5 million
2. Bath owner: Bruce Craig net worth - £249 million
The accounts state that the ultimate controlling owner is the sole shareholder, Bruce Craig.
1. Bristol Bears owner: Stephen Lansdown net worth - £1.35 billion
Bristol City majority shareholder Steve Lansdown has lost £370m over the last 12 months, likely as a result of the Covid-19 pandemic, according to the Sunday Times.
Lansdown’s wealth is valued at £1.35bn, down from £1.72bn last year, and the Bristolian billionaire has fallen 22 places in the newspaper’s annual Rich List.
The 67-year-old Guernsey-based businessman is now ranked outside Britain’s 100 wealthiest people, dropping from No83 in 2019 to No105 in 2020.
