Early Years and Business Career
Sangster was the son of Vernon Sangster, who founded the Vernons Pools business in 1926, and his wife Peggy (Margaret) Smith. He was born in Liverpool and educated at Repton School, where he played cricket and boxed. He did National service with the Cheshire Regiment, winning a brigade heavyweight boxing championship in Berlin.
After National Service Sangster joined the Vernons organisation, becoming managing director and then serving as chairman from 1980 to 1988. In that year, aware of plans for the creation of the National Lottery, he sold the Vernons Pools business to Ladbrokes for £90 million. Ladbrokes subsequently valued their acquisition at £1.
Read more about this topic: Robert Sangster
Famous quotes containing the words early, years, business and/or career:
“Early to rise and early to bed makes a male healthy and wealthy and dead.”
—James Thurber (1894–1961)
“The years go by in single file;
But none has merited my fear,
And none has quite escaped my smile.”
—Elinor Wylie (1885–1928)
“Taxes are the chief business of a conqueror of the world.”
—George Bernard Shaw (1856–1950)
“Clearly, society has a tremendous stake in insisting on a woman’s natural fitness for the career of mother: the alternatives are all too expensive.”
—Ann Oakley (b. 1944)