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Coe cashes in

Now that he's preparing to move on to greater things in the world of sport administration Lord SebCo Ltd has decided to cash in his Complete Leisure Group Limited at a reported profit of around £12million by selling up to Chime, who also took over Alan Pascoe's Fast Track Sales Ltd, formerly vice-president of the London 2012 Bid team. Another shareholder to benefit from the sale of CLG is Foreign Secretary William Hague.

Nice work if you can get it!

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