Ownership
Initially, the stadium was owned by a consortium made up of Kirklees Metropolitan Council, Huddersfield Town F.C. and Huddersfield Giants in a 40:40:20 proportion. Following the purchase of Huddersfield Town F.C. from the administrators, Ken Davy became chairman of both sports clubs, which are owned by companies he controls. The present ownership of the stadium is Ken Davy's company, Huddersfield Sporting Pride owns 60% and Kirklees Metropolitan Council 40%. The current Managing director of the stadium company is Gareth Davis who succeeded Ralph Rimmer in 2010. On 24 December 2009, Huddersfield Town announced that 40% of the shares owned by Huddersfield Sporting Pride would be transferred to the football club, owned by current chairman Dean Hoyle, but the deal has yet to be completed.
Read more about this topic: John Smith's Stadium
Famous quotes containing the word ownership:
“They had their fortunes to make, everything to gain and nothing to lose. They were schooled in and anxious for debates; forcible in argument; reckless and brilliant. For them it was but a short and natural step from swaying juries in courtroom battles over the ownership of land to swaying constituents in contests for office. For the lawyer, oratory was the escalator that could lift a political candidate to higher ground.”
—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)