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Peter Gadsby is a wealthy property developer who is also lifelong Derby County fan with a net worth of $160 million. He led a consortium for the purchase of Derby County football club in the year 2006.
Gadsby secured the takeover of the club and allowed his consortium to get a hiring manager who will be in charge of rebuilding the Derby squad. At the end of a disappointing season, they only had one recognized striker who was Paul Peschisolido. After a long decision-making process, Billy Davis, the previous manager of Preston North End became the new manager. The consortium was able to cut a significant portion of the club's debts that rose to around 68.66 million dollars. They were also able to restore the club's ownership of Pride Park Stadium. Because of this Davies got a decent transfer budget and signed Steve Howard for £1 million.
The CV of Peter Gadsby includes the chairmanship of Cedar House Investments and Miller Birch. As of the moment, he leads a project for Cedar House for the development of Nottingham Colwick district's Sunlight laundry site. That will kick-start the development of the 'Waterside Regeneration Zone' in Nottingham. It may include a new super-stadium for the rugby, hockey and football clubs of Nottingham.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2010 |
Asset |
Purchase value of the Derby County Football Club including the Pride Park Stadium and the Moor Farm training complex |
$48,850,000 |
|
2006 |
Others |
Payment to ABC Corporation loan and negotiated a deal over the remaining debt with the Co-operative Bank, as well as returning Pride Park to club ownership |
$27,000,000 |
|
2001 |
Sale of Asset |
Estimated selling price of his 77% stake in Birch, the Derby-based property and construction group |
$39,610,000 |
|
1999 |
Project Earnings |
Estimated total sales from Birch, the Derby-based property and construction group |
$85,290,000 |