Professional Era
In 1996, the then third division club was bought by financial markets trader and Monaco tax exile Ashley Levett. Levett turned the club into the first professional team in England, and began buying in big names to push the club up the leagues, including Ben Clarke from Bath Rugby, the first £1million signing. The club outgrew the Richmond Athletic Ground and became tenants at the Madejski Stadium stadium in Reading. But the crowds and revenues from competition meant that Levett was continually financing the club, and so he placed it in administration in March 1999.
The professional Richmond club and professional London Scottish F.C. were both merged into London Irish, who continued to play at the Madejski. This period of hesitancy and uncertainty resulted in many of the professional players leaving the club pre-merger, and returning to their original home-teams. The amateur club was reformed in 2000, and the club rejoined the leagues as an amateur club at the bottom of the pyramid.
Read more about this topic: Richmond F.C.
Famous quotes containing the words professional and/or era:
“The professional celebrity, male and female, is the crowning result of the star system of a society that makes a fetish of competition. In America, this system is carried to the point where a man who can knock a small white ball into a series of holes in the ground with more efficiency than anyone else thereby gains social access to the President of the United States.”
—C. Wright Mills (1916–1962)
“It struck me that the movies had spent more than half a century saying, “They lived happily ever after” and the following quarter-century warning that they’ll be lucky to make it through the weekend. Possibly now we are now entering a third era in which the movies will be sounding a note of cautious optimism: You know it just might work.”
—Nora Ephron (b. 1941)