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Molde

Strategic Concepts & Mechanics

Risk DoctrineRisk-Taker’s Necessary Callousness
Relationship LeverageRelational Business as Expansion Engine
Cornerstone MoveBuy the Debt, Control the Board
Signature MoveOperational Squeeze for Max Resale
Signature MoveHands-On Cash Control
Signature MoveOpportunistic Asset Swapping
Operating PrincipleDeal Before Respect
Risk DoctrineSecrecy as Power Shield
Identity & CultureAct Like You Belong Already
Identity & CultureOutwork and Outwait
Capital StrategyCash Up Before the Crash
Signature MoveMajority Means Mandate
Cornerstone MoveTempt Key People, Extract Companies
Cornerstone MoveCross-Table Value Pump

Primary Evidence

"In the early 90s, Røkke was still unknown to the general public in this country. He had indeed been on the cover of the magazine Kapital, but with a blurred color photo. Locally, however, he was starting to be branded as something of a Croesus. And that suited Kjell Inge well. Not because he ran around boasting, he has never been a braggart, but he is a hound for recognition and nothing warmed him more than a pat on the shoulder from people close to him in Molde. He thought it was well deserved too."

Source:Kjell Inge Røkke (translated)

"Only a few months later, the last piece showed what puzzle Kjell Inge Røkke had laid. It then became known that Orkla Finans had been hired to turn the football madness into shiny kroner. It smelled of a future stock listing from a mile away. First, Røkke founded the investment company Wyndmore N.V. in the Dutch Antilles. He then transferred his 80 percent of Wimbledon and 88 percent of Molde there. And who else but real estate director Jan Petter Storetvedt emerged from the great nothing and occupied the director position. "It's my job to try to make the best out of those investments," he stated to the press. At the next step was stock market listing, most observers immediately thought. And that was exactly what the court broker Orkla Finans was commissioned to evaluate. The idea was to get other investors to inject money into a project that valued Wimbledon at over 300 million kroner and Molde at 100 million. Sam Hammam certainly knows what he is thinking, and it is to lead Wimbledon into the future European League and possible major revenues from pay television. Gjelsten shares the visions: "We have ambitions for a fruitful collaboration between Molde and Wimbledon to turn Wimbledon into one of the big clubs – not just in England, but in Europe.""

Source:Kjell Inge Røkke (translated)

Appears In Volumes