{"id":131385,"date":"2023-10-01T11:00:45","date_gmt":"2023-10-01T11:00:45","guid":{"rendered":"https:\/\/bluemull.com\/?p=131385"},"modified":"2023-10-01T11:00:45","modified_gmt":"2023-10-01T11:00:45","slug":"i-went-from-working-in-a-greengrocers-and-selling-electronics-out-of-a-van-before-buying-premier-league-club-for-8m-the-sun","status":"publish","type":"post","link":"https:\/\/bluemull.com\/lifestyle\/i-went-from-working-in-a-greengrocers-and-selling-electronics-out-of-a-van-before-buying-premier-league-club-for-8m-the-sun\/","title":{"rendered":"I went from working in a greengrocers and selling electronics out of a van before buying Premier League club for \u00a38m | The Sun"},"content":{"rendered":"

LORD SUGAR went from working in a greengrocers to buying a Premier League club for \u00a38million.<\/p>\n

The Apprentice star spent a decade as chairman of Tottenham between 1991 and 2001.<\/p>\n


\n<\/p>\n

However, his career started in different surroundings after he left school.<\/p>\n

The Hackney-born businessman worked at a greengrocers and had a job within the civil service before setting up his first company.<\/p>\n

He would get his start after using his savings to buy a van, selling electricals out of the back of it.<\/p>\n

By the time he was 21, Sugar had set up his own firm, Amstrad, and was selling turntable covers, car radios and other electrical items.<\/p>\n

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Amstrad's launch of their PC in 1984 boosted their net worth to a staggering \u00a31.2billion.<\/p>\n

The 1987 stock market crash and a rise in competitors impacted the firm, though, and they were ultimately sold to BSkyB in 2007 for \u00a3125million.<\/p>\n

Before then, though, Sugar spent a decade as Spurs' chairman and owner.<\/p>\n

Alongside Terry Venables, he initially invested \u00a33.25million each in 1991 before increasing his stake to \u00a38million to become the majority shareholder.<\/p>\n

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Sugar would remain at the helm at White Hart Lane until he sold his stake to current owners ENIC International for \u00a347million in 2001.<\/p>\n

During his ownership, Spurs secured a string of top-half finishes, with their highest coming in 1996 as they finished seventh in the Premier League.<\/p>\n

He also oversaw a League Cup triumph in 1999, ending an eight-year wait for silverware.<\/p>\n

<\/p>\n

Spurs also played in Europe on three separate occasions with Sugar as owner.<\/p>\n

Their best performance came during the first campaign after his takeover in 1991\/92.<\/p>\n

Managed by Peter Shreeves, Spurs reached the quarter-finals of the Cup Winners' Cup before losing on aggregate to Feyenoord.<\/p>\n

Nowadays, Sugar is best known for his role on hit BBC show The Apprentice.<\/p>\n

The 76-year-old has been the central figure on the show since its inception in 2005, with candidates competing to become his latest business partner.<\/p>\n

On the show, Sugar is joined on "The Board" by West Ham vice-chairperson Karren Brady and former winner Tim Campbell.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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