Name Terry Brown | ||
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Occupation Honorary Life President, West Ham United | ||
Terry brown red blue army
Terence "Terry" Brown is the former chairman and Honorary Life President of English Premier League football club West Ham United.
During his time as chairman of West Ham he was often portrayed as someone unpopular with West Ham fans. There were campaigns to remove him from his chairmanship and allegations of financial incompetence, by West Ham directors, during his chairmanship. His tenure as chairman ended after 15 years in November 2006 with the sale of the club to an Icelandic consortium with businessman Eggert Magnússon as its chairman. Brown made £33.4m from the sale of his 7,392,000 shares in West Ham as part of this deal.
In his final full season as chairman he received £1,016,847 comprising salary of £490,800, bonus of £310,000, benefits in kind £13,807, and pension payments of £202,240.
On 13 August 2010, it was announced that Brown had acquired a small amount of shares from West Ham United's holding company WH Holding in conjunction with John Harris CBE and his son Daniel, known for building up the publicly listed Alba Group. Combined, their initial investment was £4,000,000. Brown is not on the West Ham board but is honorary life president.