Mr Ellis:- £8million out. Nothing In.
From 1968 until August 1972 Doug Ellis was chairman of Aston Villa. He was
part of a consortium set up by Pat Matthews and including Harry Kartz,
Harry Parkes and Bob Mackay. Each of these people invested £25,000 for
5,000 shares and each took an equal part in the revival over the following
few years. He joined this consortium from Birmingham City's board. He also provided an interest free loan to the club in the region of £100 000.
He returned to the chairman's position in September 1972 and stayed until
being ousted (again) in 1979.
In 1982 he became Chairman for a third time, having paid approximately £465,000 to the Bendall family for a controlling interest.
In 1996 Doug Ellis owned 47% of Aston Villa. In May 1997 Aston Villa
floated at a valuation of £126m. Ellis sold a number of his shares at
flotation, raising around 4 million pounds for himself and reducing his
shareholding to around 33% of the total shares in the club.
His remuneration as reported in the shareholders reports has been:
Additional monies received:
Share sale at flotation approx £4,000,000
plus Doug's own building company, Ellmanton, built the Bodymoor Heath training
ground and was paid for this and other work as detailed in the 1972 annual
'In accordance with section 16(c)(i) of the companies act 1967, the board
discloses contracts between the company and Ellmanton Construction Company
Ltd for the construction of buildings and other work at the Bodymoor Heath
training ground and Villa Park. Mr H.D. Ellis is a director and shareholder
of Ellmanton Construction Company Ltd.'
Capital expenditure (for the above work) is said to have been paid to
Ellmanton for work carried out as follows:
1971 - £65,000
1972 - £56,000
In 1997 and 1998 Doug Ellis sat on the Directors Remuneration Committee, an
act which goes against accepted stock market best practice, due to obvious
potential conflict of interest.
Doug Ellis was reported to be the very first football club director to pay
himself a salary when it was made legal by the FA in the early eighties.
Running total so far £8,167,892
Ellis is/was also:-
All these things whilst claiming to be giving his full effort and attention and to Aston Villa and receiving a salary.
- chairman of Aston Manor Brewery;
- A member of the FA's
- served on various other FA committees;
- was heavily
involved in the Birmingham national Stadium bid; and
- was on the board of
Good Hope hospital.;