Why do the rich become involved in a game like soccer when they should be quaffing gulls' eggs at Glyndebourne? In October 1989, Jack Walker sold his Blackburn-based steel firm to British Steel for £300 million, and sensibly retired to Jersey. In the succeeding 30 months, Walker has proceed to pour £8.25 million into his ex-local "club" to be rewarded by a total of 70 "goals". These work out at £117,857 each, a sum for which Walker could have taken the entire grimy burgh of Blackburn to Cosi fan tutte. Now he has offered to put a further £25 million into the same "club", hoping to remove it from something called "the Second Division". Toady is baffled.
The 'Lord of the Fries' Paul Pomroy on turnarounds, tennis courts and trading conditions.
The behavioural economics of sustainability.
The RBS chairman and Management Today columnist takes a trip to America.
The UK renewables sector is expanding at pace, but can the capitalism of enlightened self interest save the planet?
Ogilvy UK's chief Michael Frohlich is fascinated by the inner workings of power.
Only 9 per cent of employees want to be a manager. What happened?