Gallagher Premiership owners are growing richer than ever before, but how much are they worth?
5. Gloucester owner: Martin St Quinton net worth - £20.2 million
In 1980, he established an office equipment company, which he later sold to Danka plc in 1993. Subsequently, he embarked on a new venture by founding Azzurri Communications, a Voice & Data Integrator based in the United Kingdom. Remarkably, within a span of six years, Azzurri experienced tremendous growth, expanding its workforce to 700 employees and achieving an impressive turnover of £150 million. In 2006, The Prudential Group acquired Azzurri for a significant sum of £180 million.
His entrepreneurial talents did not go unnoticed, and in 2003, he was bestowed with the esteemed title of Ernst & Young Entrepreneur of the Year. Displaying a diverse range of interests, he acquired a controlling interest in Gloucester Rugby in 2016, assuming the role of Chairman. Additionally, he indulges his passion for horse racing as an owner of racehorses. Recognizing his standing and expertise within the equestrian world, he was appointed Chairman of Cheltenham Racecourse in 2019.
Meanwhile, Martin & Judith St Quinton serve as Trustees of The Fold, a children's home located in the Limpopo Province of South Africa. The Fold provides a nurturing environment where young children in South Africa can seek shelter, love, and support.
The organization operates an on-site school, ensuring that the children receive a solid foundation in education. Since their appointment as Trustees in 2011, the St Quintons have been the sole fundraisers in the UK for The Fold. Their efforts have resulted in significant growth, with the number of children under the organization's care increasing from just seven in 2011 to over 40 at present.
4. Sale Sharks owner: Simon Orange net worth - £25.5 million
3. London Irish owner: Mick Crossan net worth - £45.5 million
The millionaire businessman told Mail Online last Autumn that he is ready to talk to prospective investors with the money to finance the club's future.
Crossan, 63, has achieved his goal of bringing the club back to its London roots and is now prepared to hand over the club to an ambitious successor.
However, the whole situation has turned ugly with the club being given a deadline of 30 May to complete their takeover or risk being suspended from the Premiership next season.
Player wages were paid late in April, drawing comparisons to
Worcesterand
Wasps, who both collapsed financially and entered administration last autumn.
But director of rugby Declan Kidney said on 4 May the club had been given "a lot of assurances" by its prospective new owners, and staff trusted the buyout would "come to a positive resolution for everybody involved here".
The RFU said the timescale had been set to "avoid a scenario where the club enters insolvency mid-season, with the corresponding and substantial impact that has on players, staff and fans, as well as on the remainder of the league".
2. Bath owner: Bruce Craig net worth - £249 million
The accounts state that the ultimate controlling owner is the sole shareholder, Bruce Craig.
Craig began his career as a graduate at Marken, a logistics business established in 1980. In 1997, Marken was acquired by Ocean Group for £2.5 million, which later transformed into Exel Logistics and merged with Deutsche Post.
In 1999, Craig assumed the role of CEO at the company. Under his leadership, Marken experienced a series of successful management buyouts over the course of a decade. The first significant transaction occurred in 2003 when 3I venture capital acquired a shareholding in Marken for £210 million. Two years later, 3I sold their stake for £420 million, generating a substantial profit of £100 million. In 2005, Craig orchestrated a secondary management buyout with the support of ICG, resulting in Craig and the management team holding a majority stake in the newly formed business.
During this period, Marken transformed into a specialized pharmaceutical support services company. Its primary focus was transporting pharmaceutical products between clinical trials, research firms, and biotechnology laboratories. Additionally, Marken distributed vaccines, clinical trial kits, and investigational drugs. The company experienced remarkable revenue growth, surpassing 20 percent annually.
1. Bristol Bears owner: Stephen Lansdown net worth - £1.35 billion
Bristol City majority shareholder Steve Lansdown has lost £370m over the last 12 months, likely as a result of the Covid-19 pandemic, according to the Sunday Times.
Lansdown’s wealth is valued at £1.35bn, down from £1.72bn last year, and the Bristolian billionaire has fallen 22 places in the
newspaper’s annual Rich List.
The 67-year-old Guernsey-based businessman is now ranked outside Britain’s 100 wealthiest people, dropping from No83 in 2019 to No105 in 2020.