trumbullowl Posted March 8, 2018 Share Posted March 8, 2018 I watched a video on youtube about the club in the seventies, and it seemed we were owned by local steelworks directors. I've tried to find info about our owners through the years (on the internet) but can't find anything really. Could anyone give a brief summary of our ownership and company structure from say the sixties onwards? I must admit that I never thought twice about who owned us for most of the time I've been a supporter, until the fiasco with the unpaid PAYE and Dave Allen's loans and the Co-op Bank. After that I think I know the story only too well, but would be interested to know how we got from the chairman of Neepsend Steel in the seventies to Dave bloody Allen. Link to comment Share on other sites More sharing options...
jamsandwich Posted March 9, 2018 Share Posted March 9, 2018 90s Sir David Gerald Richards - came up through engineering companies 80s Bert McGee - local business man before then... 60s Andrew Stephen - Scottish Doctor. 1 Link to comment Share on other sites More sharing options...
trumbullowl Posted March 9, 2018 Author Share Posted March 9, 2018 7 hours ago, jamsandwich said: 90s Sir David Gerald Richards - came up through engineering companies 80s Bert McGee - local business man before then... 60s Andrew Stephen - Scottish Doctor. Thank you! And how could I forget about 'our' Dave Richards, who did so much towards creating the Premier League in it's current root of all evil form. The old ownership model was all about creating a well run club that cut it's cloth according to it's means. Once mid-table Championship clubs couldn't hope to compete without their owners putting in 5 or 10 million pounds a year, the old model doesn't work. Dave Allen loaned his money to the club with the expectation of a) it being a one or two time necessity and b) getting it back. The Co-op bank might have been happy to lend money to help turn the club around, but once it was obvious the money was needed every year they had to stop lending more. Obvious in hindsight. And here we are now with our foreign sugar-daddy benefactor. Link to comment Share on other sites More sharing options...
torryowl Posted March 11, 2018 Share Posted March 11, 2018 no one owned us until mandaric took over .......before he bought us we just had a chairman and board who in theory could be voted off by the shareholders 1 Link to comment Share on other sites More sharing options...
trumbullowl Posted March 12, 2018 Author Share Posted March 12, 2018 I wonder whether any Championship clubs are run with the necessity of breaking even? Link to comment Share on other sites More sharing options...
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