Award winning development finance specialists Magnet Capital has announced that Paul Faulkner (pictured) has joined their Board as a non-executive director.
Faulkner is chief of staff and operations for RCL Partners and the Richardson family business, who have invested and supported Magnet Capital from their beginning in 2018.
His previous experience includes being CEO of Aston Villa and Nottingham Forest between 2008-2015, a member of the FA Council and main Board Director and also six years as CEO of the Greater Birmingham Chambers of Commerce from 2015-21. He is predominantly based in the Midlands, which is a growing market for Magnet Capital.
Faulkner said: “I’m delighted to have joined the Board of Magnet Capital. It’s a great business, which takes a personal and relationship focused approach to deliver the best service and results for clients seeking development finance. I’m looking forward to working with the team and supporting their efforts to continue to grow and develop the business further.”
Paul Israel, Magnet Capital chief finance officer, added: “We are really lucky to have Paul join our board and I have no doubt he will be a superb asset to Magnet Capital. Paul brings a great deal of experience, particularly from an operational perspective, and he will be assisting us in our next phase of growth in the business”.