Allan K. Pedersen
Encyclopedia
Allan Kim Pedersen is an Danish
Denmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...

 businessman and sports team owner. He holds a controlling stake in Danish Superliga
Danish Superliga
The Danish Superliga is the current Danish football championship tournament, and administered by the Danish Football Association. It is the highest association football league in Denmark and is currently contested by 12 teams each year, with 2 teams to be relegated, which proves to be one of the...

 team F.C. Nordsjælland
FC Nordsjælland
Football Club Nordsjælland is a professional Danish football team from the North Zealand town of Farum, Denmark. Founded as Farum Boldklub from the merger of the town's two football clubs Farum IK and Stavnsholt BK in 1991, the club changed its name to F.C...

.

Biography

Allan K. Pedersen grew up on a small farm in Veflinge, a small parish
Parish
A parish is a territorial unit historically under the pastoral care and clerical jurisdiction of one parish priest, who might be assisted in his pastoral duties by a curate or curates - also priests but not the parish priest - from a more or less central parish church with its associated organization...

 in the Søndersø municipality
Søndersø municipality
Until January 1, 2007 Søndersø municipality was a municipality in the former Funen County on the island of Funen in central Denmark. The municipality covered an area of 181 km², and had a total population of 11,234 . Its last mayor was Erik Hansen, a member of the Social Democrats political party...

, with his two younger brothers. His mother died while he was of a young age. Pedersen went to high school in Middelfart
Middelfart
Middelfart is a town in central Denmark, with a population of 14,781 . The town is the municipal seat of Middelfart municipality on the island of Funen .-Overview:The Middelfart municipality has a population of 37,701 people as of 2011...

, before leaving for military service. He would later leave to pursue a career in insurance
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...

 and investment
Investment
Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time...

.

Currently lives in Farum
Farum
Farum is a town in the northeast of the island of Zealand in eastern Denmark, 20 km northwest of Copenhagen. The town has a population of 18,521 .The town is part of Furesø municipality. Until 2006, it constituted Farum municipality....

 with his family. Where his son played for F.C. Nordsjælland
FC Nordsjælland
Football Club Nordsjælland is a professional Danish football team from the North Zealand town of Farum, Denmark. Founded as Farum Boldklub from the merger of the town's two football clubs Farum IK and Stavnsholt BK in 1991, the club changed its name to F.C...

.

Business history

A one time chairman of Københavns Fondsbørs
Copenhagen Stock Exchange
The Copenhagen Stock Exchange or CSE is an international marketplace for Danish securities, including shares, bonds, treasury bills and notes, and financial futures and options...

 (English
English language
English is a West Germanic language that arose in the Anglo-Saxon kingdoms of England and spread into what was to become south-east Scotland under the influence of the Anglian medieval kingdom of Northumbria...

: Copenhagen Stock Exchange), Pedersen was also involved with Akademisk Boldklub
Akademisk Boldklub
Akademisk Boldklub or AB is a Danish professional football club from Copenhagen,currently playing at the second highest level in Danish domestic football, the 1st Division.-History:...

, a football club based in Gladsaxe
Gladsaxe
Gladsaxe Kommune is a municipality near Copenhagen in Region Hovedstaden on the island of Zealand in eastern Denmark. The municipality covers an area of 25 km², and has a total population of 62,562...

, Copenhagen
Copenhagen
Copenhagen is the capital and largest city of Denmark, with an urban population of 1,199,224 and a metropolitan population of 1,930,260 . With the completion of the transnational Øresund Bridge in 2000, Copenhagen has become the centre of the increasingly integrating Øresund Region...

, as vice-chairman. He was one of three major shareholders, before taking up the role in 2000. His involvement included, but not limited to, sponsorship agreements and contract negotiations.

Pedersen is involved with a diverse selection of Danish investments which include hotel services, industry, travel, sports, food and medicine, of which 10 or more he is chairman or a board member of. He is also vice-chairman of the Divisionsforeningen (English
English language
English is a West Germanic language that arose in the Anglo-Saxon kingdoms of England and spread into what was to become south-east Scotland under the influence of the Anglian medieval kingdom of Northumbria...

: The Danish League), where he was on the board before taking over the role in 2008, replacing Niels-Christian Holmstrøm
Niels-Christian Holmstrøm
Niels-Christian Holmstrøm is a Danish former football player, manager, chief consultant in Team Danmark and sports director of Danish football club F.C. Copenhagen. Currently he is the chairman of Kjøbenhavns Boldklub and a "special consultant" for F.C...

.

F.C. Nordsjælland

Allan K. Pedersen started investing in FCN when the club was in financial difficulty, before buying further shares to gain ownership in the club with holding company AKP Holding with himself as director and his wife Bente Pedersen, as chairman. During his initial time as chairman of FCN, he would control many aspects of the club, including player purchases and sales, as well as scouting and talent development. Gradually delegating these responsibilities to then head coach Morten Wieghorst
Morten Wieghorst
Morten Wieghorst is a Danish association football manager and former player. He is the manager of the Denmark national under-21 football team and the former manager of FC Nordsjælland in the Danish Superliga whom he guided to the 2010 and 2011 Danish Cup trophy.During his active career, Wieghorst...

 and sports director Jan Laursen.

In October 2008, Allan K. Pedersen sold F.C. Nordsjælland from AKP Holding to himself for a reported 500,000 Danish kroner, shortly before his holding company went bankrupt. A price Pedersen denies. Following an investigation from his creditors, it was found the sale was forced through without the bank's consent, and that the value for which the club was sold was too low, which ultimate reduced the finances the creators received for the sale. FCN was reevaluated to be worth 35 million kroner at the time of sale. The case has gone to supreme court
Supreme court
A supreme court is the highest court within the hierarchy of many legal jurisdictions. Other descriptions for such courts include court of last resort, instance court, judgment court, high court, or apex court...

, but it could still take 1-4 years to resolve.

External links

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