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Daily Mail - Tottenham man is soccer's Mr Fixit
22:41pm 1st February 2007
The precarious business of running a football club outside the money-laden Premiership is proving lucrative for Tottenham vice-chairman and property multi-millionaire Paul Kemsley.
Kemsley, who runs Rock Investments, also owns Crystal Palace’s Selhurst Park ground, which he bought from Ron Noades for £12million as a favour for Palace owner Simon Jordan, who feared Noades might have wanted more money if he had done the deal himself.
Although he will soon sell on to Jordan, he has also received a number of requests for help from other clubs, despite Premier League regulations preventing directors from having the power to "determine or influence the management or administration of another Premiership or Football League club".
One of those pleas has been from QPR, although Kemsley emphatically denies the rumours sweeping the west London club that he has already taken over their Panama-based ABC Corp £10m loan, which is mortgaged through the club’s Loftus Road ground. Kemsley, also masterminding property regeneration around White Hart Lane, has made rather less progress with his horse racing venture with great mate Harry Redknapp. Their horse flopped and Kemsley, despite his great wealth, turned down a second partnership.
Kemsley’s friendship with Redknapp has led to him being linked to the Betfair £16m gamble on Harry returning to Portsmouth that has been the subject of an FA investigation.
But the combined profit of all the bets staked was only around £800,000 — small change to Kemsley, who hasn’t been interviewed during the probe.
Sport Five, the company marketing Euro 2008 TV rights on behalf of UEFA, are adopting a high-risk policy in the UK market of splitting matches into unequal packages. This could lead to the end of BBC and ITV combining for major tournaments. Also causing tension is the asking price of near £100m, more than double paid for Euro 2004, especially as England’s qualification is by no means certain.
FA chairman Geoff Thompson will have to relinquish his UEFA executive committee seat if he wants to become the Home Nations FIFA representative, replacing Scotsman David Will, who retires in May. Wales, Scotland and Northern Ireland, who have all put forward FIFA candidates, are united on this issue even if they can’t agree ahead of their meeting on Monday what the voting procedure will be to avoid a stalemate.
Internet ticket exchange site Viagogo, which has official sponsorship status with Manchester United and Chelsea, was described as an "absolute disgrace" by leading sports lawyer Nick Bitel after hundreds of black market Twickenham autumn international tickets were openly traded by the company. So what have Leicester and Wasps done? Signed up with Viagogo as official partners to trade unwanted seats from season ticket holders.
. Daily Mail
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Thursday, February 01, 2007
Reported Rumour re QPR & Spurs Vice Chairman & Property Millionaire, Paul Kemsley - Daily Mail
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