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DROP / 52dc2cb6-1edd-4d48-857b-7f7ed0d999dd / Which two people had the most shares of the club in November 1982?

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Which two people had the most shares of the club in November 1982?
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Tottenham Hotspur F.C. became a limited company, The Tottenham Hotspur Football and Athletic Company Ltd, on 2 March 1898 so as to raise funds for the club and limit the personal liability of its members. 8,000 shares were issued at £1 each, although only 1,558 shares were taken up in the first year. Members of the Wale family, who had association with the club since the 1930s and were chairmen of Tottenham Hotspur F.C. in the 1960s and 1970s, were once the largest shareholder of the club. In the early 1980s, cost overruns in the construction of a new West Stand together with the cost of rebuilding the team in previous years led to financial difficulties for the club. In November 1982, Irving Scholar bought 25% of the club for £600,000, and together with Paul Bobroff gained control of the club. Scholar Flotation (shares) Tottenham Hotspur Public limited company, which wholly owns the football club, on the London Stock Exchange in 1983, the first European sports club to be listed in a stock market. The share issue was successful with 3.8 million shares quickly sold. Ill-judged financial decisions led to accumulating debts, and in June 1991 Terry Venables teamed up with businessman Alan Sugar to buy the club, initially as equal partner with each investing £3.25 million. Sugar increased his stake to £8 million by December 1991 and became the dominant partner with effective control of the club. In May 1993, Venables was sacked from the board after a dispute.  By 2000, Sugar began to consider selling the club, and in February 2001, he sold the major part of his shareholding to ENIC Group.

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Source and history

upstream_id / Original problem ID
52dc2cb6-1edd-4d48-857b-7f7ed0d999dd
task_id
49ac9526-5e8c-5802-86cf-93bb842a3ac4
task_key
default--validation--52dc2cb6~2d1edd~2d4d48~2d857b~2d7f7ed0d999dd
task_revision_id
1
config / split
default / validation

Official source

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