Phoenix Venture Holdings
| Company type | Holding Company |
|---|---|
| Industry | Automobiles |
| Founded | 2000 |
| Fate | Dissolved in 2006 |
| Headquarters | Longbridge, Birmingham, England, United Kingdom |
Key people | John Towers Peter Beale Nick Stephenson and John Edwards |
| Subsidiaries | MG Rover Powertrain Ltd |
Phoenix Venture Holdings (PVH), also known as the Phoenix Consortium, was a British company formed by four businessmen (John Towers, Peter Beale, Nick Stephenson and John Edwards). Following BMW's break-up of the Rover Group a financially complex deal involving a £500 million "dowry payment" from BMW, resulted in PVH purchasing the Rover marque in May 2000 for the notional sum of £10, relaunching the car company as MG Rover. MG Rover and related companies placed themselves in administration on 8 April 2005.