Company Interview Excerpt PETER BEWSEY - CHELSEA VILLAGE PLC (CAV.L) Full article published: 8/28/2000     For Subscribers Get this article online now! Order just this article Get Financial Filings and Annual Reports for Companies featured on TWST from EasyReports.net TWST: Can you give me an overview of Chelsea Village Plc? Mr. Bewsey: Chelsea Village Plc owns amongst other subsidiary companies, Chelsea Football Club, which is a professional football club playing in the premier league in England. It's very successful. We were fifth in our particular league last year and we were the cup winners for England. We also played in the European Champions League and got to the quarter finals, and we were within seven minutes of qualifying for the semi- finals, which was the most successful event in our 95 year history. Chelsea Village Plc was created to provide other revenue streams to the football club, to reduce our dependance on the playing results and vagaries of sport. To this end, we've built two four-star hotels. We have four restaurants, a sports bar, and a nightclub. We have our own television studio and production facility. We have a three-branch corporate Travel Agent and two shops of sports merchandise. All these businesses together generate more revenue for the group than the football club, per se. TWST: Give us background on your own involvement with Chelsea Village. Mr. Bewsey: I joined Chelsea Village as the Group Chief Executive in August of 1999. They wanted someone with business experience to come and to drive the other businesses forward in a very objective manner. I joined them not as a Chelsea Football fan but as a businessman interested in sport and sports-related businesses. My link to sport itself, I'm the Vice-Chairman of the National Executive of the Sports Aid Foundation in Great Britain which raises money for youngsters for training, equipment and travel. And my experience business-wise was based around running National Car Parks for 21 years -which I helped change from a relatively small family concern to Britain's second- largest private company before it was sold. Tickers included in this excerpt: CAV.L Have TWST notes emailed to you free: Email address: For more information call (212) 952 7400. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.

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