# DerbyWheel’s UK company now under full Korean control

*By Simon | August 22, 2025*

---

![djhyun](https://globalkeirin.com/wp-content/uploads/sites/2/2025/05/djhyun.jpg)

## 󠀁[DerbyWheel’s UK company now under full Korean control](https://globalkeirin.com/2025/08/derbywheels-uk-company-now-under-full-korean-control/)󠁿

22 August 2025

The distancing of
[former CEO James Pope](https://globalkeirin.com/2025/07/corporate-filing-confirms-popes-exit-as-director/)
from DerbyWheel’s UK corporate entity, DerbyWheel Player Ltd has continued, with
additional registration changes today.

_Global Keirin_
[reported](https://globalkeirin.com/2025/08/derbywheels-uk-business-changes-its-official-address/)
earlier this week that the company’s formal address had been moved to a City of
London office block, having previously been an address associated directly with
Pope himself.

The company has now notified the official UK government registrar that Pope’s
personal company, Koru Sports Group is no longer a ‘person with significant
control’.

And having previously held ‘more than 25% but not more than 50%’ of shares and
voting rights in DerbyWheel Player Ltd, Koru Sports Group’s holding appears to
have transferred to DerbyWheel president DJ Hyun, who is now listed as holding
‘75% or more’ of shares and voting rights.

That’s the maximum they will say on the record: even companies under the 100%
ownership and control of a single entity or individual are only listed as ‘75%
or more’.

DerbyWheel’s website still lists Pope as CEO of DerbyWheel Player Ltd. It’s very
nearly 500 days since the website’s last news article.

**Categories:** Original
**Tags:** dwnews