Kick off: Sports agency Kentaro looks to sell £30m stake

Kentaro, the sports rights agency that has 1998 World Cup winner Emmanuel Petit in its senior management team, is looking to sell a stake that could value the company at £300m.

Minority shareholders are keen to offload their investment for a hefty profit. The size of the stake is to be decided, but a sale of 10 per cent could be worth £30m. Kentaro distributes the international media rights for England, who opened their World Cup campaign against the US last night.