Martin Cearns
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Martin Cearns
Martin William Cearns (April 1945 – May 2024) was an English football executive who was chairman of West Ham United. Life and career Cearns was born in April 1945. A bank manager with Barclays Bank, Cearns became a board member with West Ham taking over the chairmanship in 1990 from his father, Len Cearns. He held the position until 1992 when it was taken over by Terry Brown. Although no longer chairman, Cearns remained on the board until 1 December 2006 when he resigned when the club was sold to Icelandic billionaire, Björgólfur Guðmundsson for £85 million. As part of the takeover he made £7.76 million from the sale of his 1,844,000 shares in West Ham. Cearns' time at West Ham is remembered for his advocacy, with Peter Storrie, of the Hammers Bond scheme, a financial bond which West Ham fans would have been forced to buy before being allowed to purchase a season ticket. The proposal led to demonstrations both inside and outside West Ham's ground and to pitch invasi ...
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West Ham United F
West is one of the four cardinal directions or points of the compass. It is the opposite direction from east and is the direction in which the Sunset, Sun sets on the Earth. Etymology The word "west" is a Germanic languages, Germanic word passed into some Romance languages (''ouest'' in French, ''oest'' in Catalan, ''ovest'' in Italian, ''vest'' in Romanian, ''oeste'' in Spanish and Portuguese). As in other languages, the word formation stems from the fact that west is the direction of the setting sun in the evening: 'west' derives from the Indo-European root ''*wes'' reduced from ''*wes-pero'' 'evening, night', cognate with Ancient Greek ἕσπερος Hesperus, hesperos 'evening; evening star; western' and Latin vesper 'evening; west'. Examples of the same formation in other languages include Latin Occident, occidens 'west' from occidō 'to go down, to set' and Hebrew מַעֲרָב (maarav) 'west' from עֶרֶב (erev) 'evening'. West is sometimes abbreviated as W. Naviga ...
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Football (soccer)
Association football, more commonly known as football or soccer, is a team sport played between two teams of 11 Football player, players who almost exclusively use their feet to propel a Ball (association football), ball around a rectangular field called a Football pitch, pitch. The objective of the game is to Scoring in association football, score more goals than the opposing team by moving the ball beyond the goal line into a rectangular-framed Goal (sport), goal defended by the opposing team. Traditionally, the game has been played over two 45-minute halves, for a total match time of 90 minutes. With an estimated 250 million players active in over 200 countries and territories, it is the world's most popular sport. Association football is played in accordance with the Laws of the Game (association football), Laws of the Game, a set of rules that has been in effect since 1863 and maintained by the International Football Association Board, IFAB since 1886. The game is pla ...
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Barclays Bank
Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney, Peckover and Company, united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers in 2 ...
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Len Cearns
Leonard Crittenden Cearns (1 March 1914 - 28 October 1993) was a chairman of English football club West Ham United. Cearns was a member of a family which had been associated with West Ham since its 1900 foundation. J.W.Y Cearns was a founding member and director of the club until 1934. His son, W.J. Cearns, Len's father, was chairman from 1935 until 1950. Known as "''Mr. Len''" and "''the father of West Ham''", Cearns ran a construction company, joining the West Ham board in 1948 and taking the chairmanship in 1979 from Reg Pratt. During the 1980s future chairmen David Sullivan and David Gold bought shares in the club to the value of £2m. Eager to keep control of the club with the Cearns and Pratt families, their further involvement was resisted by Cearns and the pair sold-up and later bought into Birmingham City. He was chairman until 1990 when he handed the role over to his son Martin. The last years of his time as chairman in 1989 and 1990 saw him sack West Ham's long- ...
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Terry Brown (football Chairman)
Terence William Brown (born July 1942) is the former chairman and Honorary Life President of English Premier League football Football is a family of team sports that involve, to varying degrees, kick (football), kicking a football (ball), ball to score a goal (sports), goal. Unqualified, football (word), the word ''football'' generally means the form of football t ... club West Ham United F.C., 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, during his chairmanship. A group calling itself "Whistle" was created by fans of West Ham United F.C., West Ham United that were critical of Brown, following the club's relegation in 2003 and the subsequent sale of many of their top players. In April 2004, the group published a dossier accusing the board of financial incompetence, and asking questions regarding t ...
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Björgólfur Guðmundsson
Björgólfur Guðmundsson (2 January 1941 – 2 February 2025) was an Icelandic businessman and chairman and owner of West Ham United. Björgólfur was Iceland's second businessman to be worth more than a billion dollars — his son, Björgólfur Thor Björgólfsson being the first. He was at one time the majority owner and chairman of the Icelandic bank Landsbanki, the second largest company in Iceland (subsequently nationalised). He was ranked by ''Forbes'' magazine in March 2008 as the 1014th-richest person in the world, with a net worth of $1.1 billion. In December of the same year Forbes revalued his net worth to $0, and on 31 July 2009 he was declared bankrupt by the Icelandic courts with debts of almost £500 million (96 billion ISK). Björgólfur was described in an article written by Jamie Jackson of The Guardian as "a former footballer, furniture packer and law student, a recovering alcoholic of 30 years and an old-fashioned philanthropist". In the 1990s he ...
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Peter Storrie
Peter Storrie (born 7 November 1952) is a football chief executive. He was also a former director and chief executive officer of English team Portsmouth, and had formerly worked for West Ham United, Southend United and Notts County. Clubs involvement West Ham United A lifelong fan of West Ham United, Storrie joined the club as a non-executive director in 1990. He became the club's first paid Managing Director in 1991, and was instrumental in setting up a pioneering academy in Australia. Described as "avuncular and approachable" by a writer on one fan website, he managed to be popular even when his decisions weren't. With the introduction of a bond scheme in 1991, which required match goers to pay hundreds of pounds in return for a guaranteed seat at Upton Park, when fans protested on the pitch and refused to move, Storrie invited them up to the boardroom to discuss the issue. He was sacked from his position of Director of Football at the end of the 1998–99 season, when chairm ...
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Bond (finance)
In finance, a bond is a type of Security (finance), security under which the issuer (debtor) owes the holder (creditor) a debt, and is obliged – depending on the terms – to provide cash flow to the creditor (e.g. repay the principal (i.e. amount borrowed) of the bond at the Maturity (finance), maturity date and interest (called the coupon (bond), coupon) over a specified amount of time.) The timing and the amount of cash flow provided varies, depending on the economic value that is emphasized upon, thus giving rise to different types of bonds. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and Share capital, stocks are both Security (finance), securities, but the major difference between the two is that (capital) stockholders h ...
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Season Ticket
A season ticket, or season pass, is a ticket that grants privileges over a defined period of time. History The ''Oxford English Dictionary'' has illustrative quotations which show the term ''season ticket'' used in the United States in 1820 for theatre tickets; and in the United Kingdom in 1836 for boat travel and 1862 for rail transport. Sports In sports, a season ticket grants the holder access to all regular-season home games for one season without additional charges. The ticket usually offers a discounted price over purchasing a ticket for each of the home games for a season individually. In some sports, season ticket holders are usually allowed to buy tickets for other home games (such as the playoffs) earlier than other fans, and may be given priority when buying tickets for their team's allocation at an away game. Seats assigned to season tickets are generally the better ones in their seating section. Season ticket holders are frequently offered preferred sea ...
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Boleyn Ground
Boleyn Ground, often referred to as Upton Park, was a football stadium in Upton Park, London, Upton Park, east London, England. It was the home of West Ham United F.C., West Ham United from 1904 to 2016, and was briefly used by Charlton Athletic F.C., Charlton Athletic in the early 1990s during their years of financial difficulty. The seating capacity of the ground at closure was 35,016. From the 2016–17 season, West Ham United have played their home matches at Olympic Stadium (London), London Stadium in nearby Stratford, London, Stratford. The last first-class match played at the Boleyn Ground was on 10 May 2016, a 3–2 West Ham United win in the Premier League against Manchester United F.C., Manchester United. The stadium was demolished in 2016 to make way for a new development. History West Ham United took up tenancy of the Boleyn Ground from local club Old Castle Swifts in 1904, after the two clubs amalgamated. West Ham rented Green Street, London, Green Street House and ...
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Pitch Invasion
A pitch invasion (also known as field storming, rushing the field or rushing the court) occurs when a person or a crowd of people spectating a sporting event run onto the competition area, usually to celebrate or protest an incident, or sometimes as a publicity stunt. Consequences for participants can result in criminal charges, fines or prison time, and sanctions against the club involved, especially if they cause a disruption in play, although they may sometimes be more welcomed if a large portion of the spectators invades the pitch simultaneously outside of playing time. American football This is especially common in college football, college and high school football when a team pulls off a major upset, defeats a major rival, ends a long losing streak or notches a history-making win. With the widespread advent of artificial turf, some schools have become more lenient about students invading the pitch. In the last few years, goalposts are also taken down within moments ...
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1945 Births
1945 marked the end of World War II, the fall of Nazi Germany, and the Empire of Japan. It is also the year concentration camps were liberated and the only year in which atomic weapons have been used in combat. Events World War II will be abbreviated as “WWII” January * January 1 – WWII: ** Germany begins Operation Bodenplatte, an attempt by the ''Luftwaffe'' to cripple Allied air forces in the Low Countries. ** Chenogne massacre: German prisoners are allegedly killed by American forces near the village of Chenogne, Belgium. * January 6 – WWII: A German offensive recaptures Esztergom, Hungary from the Soviets. * January 9 – WWII: American and Australian troops land at Lingayen Gulf on western coast of the largest Philippine island of Luzon, occupied by Japan since 1942. * January 12 – WWII: The Soviet Union begins the Vistula–Oder Offensive in Eastern Europe, against the German Army. * January 13 – WWII: The Soviet Union begins the East Prussia ...
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