GDC
In A Checked Shirt
Have it on good authority that after seeing David Gold end his immediate interest in Brighton, former West Ham United Chairman Terry Brown is interested in investing in Brighton and Hove Albion.
Former West Ham chairman looking to invest in Brighton?
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Terence "Terry" Brown is the former chairman of English Premier League football club West Ham United F.C.
Until his departure, Brown had been a member of the club's board since 1990 and chairman since May 1992, but the club's relegation from the Premier League at the end of the 2002-03 season, and subsequent failure to return the following year resulted in a massive drop in popularity with the club's fans.[citation needed]
Little is publicly known of Brown. He has only been a public figure since accusations of mismanagement forced him to respond in public.
In the late 1990s he supported Harry Redknapp through a moderately successful run in the Premier League, however the players that Redknapp signed at this time were to prove too expensive for the club to maintain. He also sold quality players like Rio Ferdinand and Frank Lampard Jr. to rival clubs. The money from these sales was allegedly either spent by the club elsewhere (for example, on a new stand for the stadium), or on lower standard players.[citation needed] There remains some doubt as to the legitimacy of some of these transfers.[citation needed]
In 2001, he appointed coach Glenn Roeder as the club's manager despite opposition from fans,[attribution needed] who felt that an experienced manager was required. After a successful first season (finishing 7th in the Premier League), the form of West Ham dropped significantly and they were relegated the following season. Brown took no action against this drop of form except to sack Roeder as manager in the season following relegation.
Alan Pardew was the eventual replacement to Roeder, following a brief spell in charge by Trevor Brooking as caretaker manager. Now in the Football League Championship, the club was seen as a prime candidate for automatic promotion, a feat achieved by finishing in the top two in the league. Since the fans were expecting the club's automatic promotion, the fourth placing at the end of the 2003-04 season was seen as a poor result.[citation needed] This was compounded by a 1-0 loss to Crystal Palace in the playoff final. The following season, the club again qualified for a playoff place, this time by finishing sixth in the league. They defeated Preston North End in the final, easing some of the criticism levelled at Brown and Pardew.
Critics such as supporters group Whistle had claimed that Brown did not release funds for new players and had shown indecisiveness and a lack of foresight in sacking and appointing managers.[citation needed] West Ham initiated legal action towards members of Whistle and, during 2004, two of the members submitted public apologies. West Ham's official website announced during the 2003-04 season that a settlement with the group had been achieved.[citation needed]
Despite his claims after relegation that there would be no 'fire sale' of players, the club has had forced sales of very talented and valuable players to pay off financial debts. Critics[attribution needed] say that Brown oversaw the club's decline from an average but self-supporting Premiership club, to a mediocre Championship club, and the sale of a large number of quality players. For this reason, he became the subject of a 'Brown Out' campaign by the supporters, but refused to step down unless an 'Abramovich-type figure' (that is, an extremely wealthy businessman such as Roman Abramovich) makes an offer for the club.[citation needed]
The club gained promotion in 2004-05 and the minimum increase in revenue, relative to the amount it would have received in the Championship, was estimated at £30 million (£18 million from TV rights for season 2005-06 plus £6 million for the subsequest two seasons should the club not remain in the Premier League). Brown, claiming that he did not want to repeat the mistakes made in the recent past, made a £20 million budget available in May 2005 for the 2005-06 Premier League season. He was re-elected as director in October 2005, approved by a vote of 14,461,566 shares in favour and 371 against.
Brown's tenure as chairman ended in November 2006 with the sale of the club to Icelandic businessman Eggert Magnússon.
Until his departure, Brown had been a member of the club's board since 1990 and chairman since May 1992, but the club's relegation from the Premier League at the end of the 2002-03 season, and subsequent failure to return the following year resulted in a massive drop in popularity with the club's fans.[citation needed]
Little is publicly known of Brown. He has only been a public figure since accusations of mismanagement forced him to respond in public.
In the late 1990s he supported Harry Redknapp through a moderately successful run in the Premier League, however the players that Redknapp signed at this time were to prove too expensive for the club to maintain. He also sold quality players like Rio Ferdinand and Frank Lampard Jr. to rival clubs. The money from these sales was allegedly either spent by the club elsewhere (for example, on a new stand for the stadium), or on lower standard players.[citation needed] There remains some doubt as to the legitimacy of some of these transfers.[citation needed]
In 2001, he appointed coach Glenn Roeder as the club's manager despite opposition from fans,[attribution needed] who felt that an experienced manager was required. After a successful first season (finishing 7th in the Premier League), the form of West Ham dropped significantly and they were relegated the following season. Brown took no action against this drop of form except to sack Roeder as manager in the season following relegation.
Alan Pardew was the eventual replacement to Roeder, following a brief spell in charge by Trevor Brooking as caretaker manager. Now in the Football League Championship, the club was seen as a prime candidate for automatic promotion, a feat achieved by finishing in the top two in the league. Since the fans were expecting the club's automatic promotion, the fourth placing at the end of the 2003-04 season was seen as a poor result.[citation needed] This was compounded by a 1-0 loss to Crystal Palace in the playoff final. The following season, the club again qualified for a playoff place, this time by finishing sixth in the league. They defeated Preston North End in the final, easing some of the criticism levelled at Brown and Pardew.
Critics such as supporters group Whistle had claimed that Brown did not release funds for new players and had shown indecisiveness and a lack of foresight in sacking and appointing managers.[citation needed] West Ham initiated legal action towards members of Whistle and, during 2004, two of the members submitted public apologies. West Ham's official website announced during the 2003-04 season that a settlement with the group had been achieved.[citation needed]
Despite his claims after relegation that there would be no 'fire sale' of players, the club has had forced sales of very talented and valuable players to pay off financial debts. Critics[attribution needed] say that Brown oversaw the club's decline from an average but self-supporting Premiership club, to a mediocre Championship club, and the sale of a large number of quality players. For this reason, he became the subject of a 'Brown Out' campaign by the supporters, but refused to step down unless an 'Abramovich-type figure' (that is, an extremely wealthy businessman such as Roman Abramovich) makes an offer for the club.[citation needed]
The club gained promotion in 2004-05 and the minimum increase in revenue, relative to the amount it would have received in the Championship, was estimated at £30 million (£18 million from TV rights for season 2005-06 plus £6 million for the subsequest two seasons should the club not remain in the Premier League). Brown, claiming that he did not want to repeat the mistakes made in the recent past, made a £20 million budget available in May 2005 for the 2005-06 Premier League season. He was re-elected as director in October 2005, approved by a vote of 14,461,566 shares in favour and 371 against.
Brown's tenure as chairman ended in November 2006 with the sale of the club to Icelandic businessman Eggert Magnússon.
Publius Ovidius
Well-known member
eastlondonseagull
Well-known member
Brighton Breezy
New member
Is Jevs actually Terry Brown in DISGUISE?
ROSM
Well-known member
be interesting to hear people in a few weeks time criticise Knight for not taking on board the offer by Brown to buy the club for 'millions'. Just like the idiot on the argus forum who when it was announced that Gold wasn't selling his stake at Birmingham and despite never actually offering to invest in Brighton, wrote 'It's all Knight's fault. he should have had a contingency plan for Gold pulling out'
Easy 10
Brain dead MUG SHEEP
Where does it say that Terry Brown has actually got any substantial CASH of his own ?
He has.
Mendoza
NSC's Most Stalked
Ask Jevs is a great website!!
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Monsieur Leclerc
Café Rene. In disguise!
- Apr 24, 2006
- 554
"From his 14 years in possession of the West Ham shares Terry Brown goes home, as Chris Tarrant might put it, with over £30m. There goes another gilt-edged example for all those who tell us they are buying into football for love."
http://blogs.guardian.co.uk/sport/2006/11/29/the_real_power_behind_west_ham.html
Easy 10
Brain dead MUG SHEEP
Has he ?
Didn't stop him selling West Hams crown jewels to all and sundry.
Mendoza
NSC's Most Stalked
we already have one Brown on board bank rolling the club, so lets have another!!
REDLAND
Active member
""Critics such as supporters group Whistle had claimed that Brown did not release funds for new players and had shown indecisiveness and a lack of foresight in sacking and appointing managers.""
He sounds perfect
He sounds perfect
I never said how he got it!
*He actually owns holiday camps. I used to work on one of them in my yoof.
Easy 10
Brain dead MUG SHEEP
Interesting.
I don't think he quite ranks up there with Golds half a billion though, does he ?
In Germany?
mona
The Glory Game
Not really understanding the tax laws, might there be a good reason tax-wise for investing part of a recent windfall?