The Full Wiki

More info on John Hall (businessman)

John Hall (businessman): Wikis

Advertisements
  
  

Note: Many of our articles have direct quotes from sources you can cite, within the Wikipedia article! This article doesn't yet, but we're working on it! See more info or our list of citable articles.

Encyclopedia

From Wikipedia, the free encyclopedia

Sir John Hall
Born November 1933 (age 77)
Ashington, Northumberland, England
Occupation property developer and sports-team owner
Net worth £75 million (2008)[1 ]
Children Douglas Hall, Allison Antonopoulos

Sir John Hall (b. Ashington, Northumberland, 1933) is a property developer in North East England. He is also life president and former chairman of Newcastle United.

Contents

Biography

Born and brought up in Ashington, Northumberland, he worked in the mining industry as a surveyor before going into business on his own account[2].

In the 1980s his company, Cameron Hall Developments masterminded the construction of the MetroCentre shopping mall in Dunston, Gateshead. The development was not without its critics locally; reputedly, the script of the BBC drama Our Friends in the North was changed to remove a character resembling Sir John who took advantage of tax breaks to build a shopping centre.

Newcastle Sporting Club

He began by taking over the Newcastle United club in a bitter battle for control and appointing Kevin Keegan as manager in February 1992. Keegan turned the club's fortunes around, taking the team from the brink of relegation into the Third Division, to competing with Manchester United for the Premier League in 1996.

He issued bonds worth £500 to fans and charged fans 19-22% APR.

After taking over Newcastle United, he also bought the Newcastle Falcons and the Newcastle Eagles. He purchased the Durham Wasps in 1995, causing Durham ice skating rink to close down, who began to play at Sunderland's Crowtree Leisure Centre. They were renamed the Newcastle Cobras when they moved to Newcastle Arena the following season.[3].

He attempted to build a new stadium on Leazes Park for a rugby, football and ice skating but a petition from local residents with 38,000 signatures put an end to that plan.

Sir John began to rebuild the stadium, and the Leazes End of St James' Park is named the Sir John Hall Stand. Despite being an immensely popular figure amongst fans some authors have questioned whether Sir John's involvement with Newcastle United was anything more than profitable opportunism.[4] Combined with a health scare, in 1997 Hall handed over the Chairmanship to Freddy Shepherd, and his family interests in the club to his son Douglas Hall.

On 23 May 2007, Hall sold his entire 41.6% shareholding in Newcastle United to sports retail magnate, Mike Ashley, for £55 million in a deal that valued the club at £133.1 million[5].

Advertisements

Politics

Further evidence of Sir John's perceived opportunism is seen, by some, in his supporting the Labour government's proposals for a North East Assembly whilst professing to be a Conservative supporter; this led to him debating against Graham Robb in 2004[6], before supporting his unsuccessful Parliamentary candidacy in 2007[7]. Some argue that Sir John is a maverick figure who has no fixed political alignment.

References

Business positions
Preceded by
George Forbes
Newcastle United F.C. chairman
1992 – 1997
Succeeded by
Freddy Shepherd

Advertisements






Got something to say? Make a comment.
Your name
Your email address
Message