David Gold
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- This article is about the English businessman. For the Star Trek character, see David Gold (Star Trek).
David Gold is an English businessman. In 2005, David wrote his autobiography Pure Gold with professional co-writer Bob Harris. This dwells on his early childhood poverty, ascent as a pornographer, and involvement with Birmingham City F.C..
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[edit] Businesses
David owns Gold Group International(GGI), the parent company of the retailer Ann Summers, lingerie chain Knickerbox, and owns or formerly owned pornographic magazine company Gold Star, printing and distribution businesses and until 2006, corporate air service Gold Air International. GGI used to be jointly owned by David and his brother Ralph, until David bought out Ralph's share in 2008.[1]
The brothers in 2007 sold their share in Sport Newspapers,[2] following falling sales and profits. He has also sold his charter airline, Gold Air[3]. His daughter Jacqueline Gold is chief executive of Ann Summers and Knickerbox.
[edit] Football clubs
Gold is the chairman of Birmingham City F.C., though he is not to be confused with David Sullivan, who is chairman of the club's parent company. In 2007 the Gold brothers were believed to be in the process of selling their share in Birmingham City F.C.,[4] which followed Birmingham's return from relegation[5] and lower than expected profits.[6] After the club were relegated once again to the Championship in May 2008, Gold was quoted as saying he was considering stepping down from the joint head of the board of Birmingham City.[7]
In May 2005[8], David Gold bought the second FA Cup trophy at auction for £420,000 (£478,400 after fees), saying he wanted to prevent it being bought by overseas buyers.
[edit] Sunday Times Rich List ranking
The family dropped 51 places to 184th, with their fortune dropping £100m to £450m in the 2008 list[9]. Previously they were valued at £550m and ranked 133rd[10] in the Sunday Times Rich List 2007. Dropping from 119th[11], with a value of £525m in the Sunday Times Rich List 2006. Previous rankings were 82nd - value £370m in 2001, 72nd[12] - value £410m in 2002, 67th[13] - value £465m in 2003, 79th[14] - value £495m in 2004 and 92nd[15] - value £515m in 2005.
[edit] References
- ^ http://www.drapersonline.com/news/2008/02/ann_summers_cofounder_steps_back.html, Drapers, 28 Feb 2008
- ^ http://business.timesonline.co.uk/tol/business/industry_sectors/media/article2224869.ece, Times Online, 9 August 2007
- ^ David Gold - Daily Telegraph
- ^ http://news.bbc.co.uk/sport1/hi/football/teams/b/birmingham_city/6900404.stm ,BBC News, 16 July 2007
- ^ http://www.mirror.co.uk/sport/football/tm_objectid=16810895&method=full&siteid=94762&headline=this-is-the-most-important-battle-of-my-life-says-david-gold-name_page.html, The Mirror, 14 March 2006
- ^ http://news.bbc.co.uk/sport1/hi/football/teams/b/birmingham_city/6682979.stm, BBC News, 23 May 2007
- ^ http://www.guardian.co.uk/football/2008/may/12/premierleague.birminghamcityfc, The Guardian, 12 May 2008
- ^ http://news.bbc.co.uk/1/hi/uk/4568251.stm ,BBC News, 21 May 2005
- ^ http://business.timesonline.co.uk/tol/business/specials/rich_list/article3762222.ece, Timesonline Rich List 2008
- ^ http://www.timesonline.co.uk/richlist/person/0,,47080,00.html ,Timesonline, Richlist 2007
- ^ http://www.timesonline.co.uk/richlist/person/0,,43118,00.html ,Timesonline, Richlist 2006
- ^ http://www.timesonline.co.uk/richlist/person/0,,5357,00.html ,Timesonline, Richlist 2002
- ^ http://www.timesonline.co.uk/richlist/person/0,,21746,00.html ,Timesonline, Richlist 2003
- ^ http://www.timesonline.co.uk/richlist/person/0,,33677,00.html ,Timesonline, Richlist 2004
- ^ http://www.timesonline.co.uk/richlist/person/0,,37830,00.html ,Timesonline, Richlist 2005
