Southampton Leisure Holdings PLC
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Southampton Leisure Holdings PLC
Southampton Leisure Holdings Public Limited Company, PLC was the parent company of Southampton F.C., Southampton Football Club Ltd and was listed on the Alternative Investment Market of the London Stock Exchange. The company was placed into administration on 2 April 2009. Subsidiaries The wholly owned subsidiary companies of Southampton Leisure Holdings PLC were: * Southampton Football Club Ltd * St. Mary's Stadium Ltd * St. Mary's SPV Ltd * Southampton Insurance Services Ltd * Southampton Mortgage & Financial Centre Ltd * Saints Supporters Club Ltd * Southampton Swaylife Ltd * Secure Retirement Ltd * Dell Estates Ltd * St Michael's Street Homes (No. 1) Ltd * Stadium 2000 Ltd * Felix Broadcasting Ltd * South City FM Ltd * Forest FM Ltd History On 30 June 2006, Rupert Lowe resigned as Chairman of Southampton Leisure Holdings, along with other directors Andrew Cowen, Guy Askham, Mike Richards and David Windsor-Clive. On 26 February 2007, Michael Wilde offered his resignation a ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ...
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Southampton F
Southampton () is a port city in the ceremonial county of Hampshire in southern England. It is located approximately south-west of London and west of Portsmouth. The city forms part of the South Hampshire built-up area, which also covers Portsmouth and the towns of Havant, Waterlooville, Eastleigh, Fareham and Gosport. A major port, and close to the New Forest, it lies at the northernmost point of Southampton Water, at the confluence of the River Test and Itchen, with the River Hamble joining to the south. Southampton is classified as a Medium-Port City . Southampton was the departure point for the and home to 500 of the people who perished on board. The Spitfire was built in the city and Southampton has a strong association with the ''Mayflower'', being the departure point before the vessel was forced to return to Plymouth. In the past century, the city was one of Europe's main ports for ocean liners and more recently, Southampton is known as the home port of some of th ...
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Alternative Investment Market
AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows companies that are smaller, less-developed, or want/need a more flexible approach to governance to float shares with a more flexible regulatory system than is applicable on the main market. At launch, AIM comprised only 10 companies valued collectively at £82.2 million. As at May 2021, 821 companies comprise the sub-market, with an average market cap of £80 million per listing. AIM has also started to become an international exchange, often due to its low regulatory burden, especially in relation to the US Sarbanes–Oxley Act (though only a quarter of AIM-listed companies would qualify to be listed on a US stock exchange even prior to passage of the Sarbanes–Oxley Act). By December 2005, over 270 foreign companies had been admitted ...
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London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ...
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Rupert Lowe
Rupert James Graham Lowe (born 31 October 1957) is a British politician, farmer and businessman, who served as a the Brexit Party Member of the European Parliament (MEP) in the West Midlands constituency from 2019 to 2020. Lowe was chairman of Southampton Football Club from 1996 to 2006 and then again from 2008 to 2009, when the company was placed into administration. Early life and career Born in Oxford, Oxfordshire, England Rupert Lowe was educated at Radley College and the University of Reading before gaining a reputation working in the City of London for companies such as Morgan Grenfell and Deutsche Bank. He was also a board member of the London International Financial Futures Exchange. He founded Secure Retirements, a quoted care home provider, with Andrew Cowen, later the Southampton F.C. Vice-Chairman. Football career Southampton Football Club In the mid-1990s, the Saints board were looking to float the club on the London Stock Exchange, a long and costly ...
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Michael Wilde
Michael Wilde, born on the Wirral, Cheshire in 1952, is a businessman who became Chairman of Southampton Football Club for two periods after the club's relegation from the Premiership, resigning on 2 April 2009, the day after the club's holding company, Southampton Leisure Holdings Plc, went into administration. Education and early career Wilde attended Wirral Grammar School before going to the University of Westminster in 1973 where he obtained a first degree in Urban Estate Management before going on to do his master's degree in Town and Regional Planning at Sheffield University. He later went on to work in estate agency, planning consultancy and in local government with Sheffield City Council, before going to Singapore in 1978. He is a Fellow of the Royal Institution of Chartered Surveyors and became a Member of the Royal Town Planning Institute in 1981. He has authored many papers on housing issues and was a Senior Lecturer in Real Estate Economics and Town Planning at the N ...
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Paul Allen
Paul Gardner Allen (January 21, 1953 – October 15, 2018) was an American business magnate, computer programmer, researcher, investor, and philanthropist. He co-founded Microsoft Corporation with childhood friend Bill Gates in 1975, which helped spark the microcomputer revolution of the 1970s and 1980s. Microsoft became the world's largest personal computer software company. Allen was ranked as the 44th-wealthiest person in the world by ''Forbes'' in 2018, with an estimated net worth of $20.3 billion at the time of his death. Allen left regular work at Microsoft in early 1983 after a Hodgkin lymphoma diagnosis, remaining on its board as vice-chairman. He and his sister, Jody Allen, founded Vulcan Inc. in 1986, a privately held company that managed his business and philanthropic efforts. He had a multi-billion dollar investment portfolio, including technology and media companies, scientific research, real estate holdings, private space flight ventures, and stakes in other se ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Microsoft
Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washington, United States. Its best-known software products are the Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2019. It is one of the Big Five American information technology companies, alongside Alphabet, Amazon, Apple, and Meta. Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It rose to do ...
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Bill Gates
William Henry Gates III (born October 28, 1955) is an American business magnate and philanthropist. He is a co-founder of Microsoft, along with his late childhood friend Paul Allen. During his career at Microsoft, Gates held the positions of chairman, chief executive officer (CEO), President (corporate title), president and software architect, chief software architect, while also being the largest individual shareholder until May 2014. He was a major entrepreneur of the Home computer, microcomputer revolution of the 1970s and 1980s. Gates was born and raised in Seattle. In 1975, he and Allen founded Microsoft in Albuquerque, New Mexico. It became the world's largest personal computer software company. Gates led the company as chairman and CEO until stepping down as CEO in January 2000, succeeded by Steve Ballmer, but he remained chairman of the board of directors and became chief software architect. During the late 1990s, he was Criticism of Microsoft, criticized for his bu ...
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Soccer
Association football, more commonly known as football or soccer, is a team sport played between two teams of 11 players who primarily use their feet to propel the ball around a rectangular field called a pitch. The objective of the game is to score more goals than the opposition by moving the ball beyond the goal line into a rectangular framed goal defended by the opposing side. Traditionally, the game has been played over two 45 minute halves, for a total match time of 90 minutes. With an estimated 250 million players active in over 200 countries, it is considered the world's most popular sport. The game of association football is played in accordance with the Laws of the Game, a set of rules that has been in effect since 1863 with the International Football Association Board (IFAB) maintaining them since 1886. The game is played with a football that is in circumference. The two teams compete to get the ball into the other team's goal (between the posts and under t ...
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Administration (law)
As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – in the United Kingdom colloquially called being "under administration" – is an alternative to liquidation or may be a precursor to it. Administration is commenced by an administration order. A company in administrative receivership is operated by an administrator (as interim chief executive with custodial responsibility for the company's assets and obligations) on behalf of its creditors. The administrator may recapitalize the business, sell the business to new owners, or demerge it into elements that can be sold and close the remainder. Most countries distinguish between voluntary (board-decided) and involuntary (court-decided) receivership. In voluntary administrative receivership, the administ ...
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