Rupert Lowe: Difference between revisions
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'''Rupert Lowe''' is a twat |
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'''Rupert Lowe''' is a [[United Kingdom|British]] businessman, who was the Chairman of [[Southampton F.C.|Southampton]] [[football (soccer)|Football]] Club from 1996 to 2006. |
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==Biography== |
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Rupert Lowe gained his reputation working in the city for companies such as Morgan Grenville and Deutsche Bank. He was also a board member of the London International Financial Futures Exchange. He founded Secure Retirements, a quoted care home provider, with [[Andrew Cowen]], the former Southampton F.C. Vice Chairman. |
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===Southampton Football Club=== |
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In the mid-1990s, the Saints board were looking to float the club on the [[London Stock Exchange]], a long and costly procedure. Therefore they attempted a '[[reverse takeover]]' as a way to reduce costs. They needed to find a company that had already floated and take it over while effectively being taken over themselves. Lowe's Secure Retirements, which ran [[retirement homes]], was a perfect candidate. The resultant group was renamed [[Southampton Leisure Holdings PLC]].<ref> {{cite web | url=http://news.bbc.co.uk/sport1/hi/football/teams/s/southampton/3489097.stm | title=Rupert the Rare |work=BBC }}</ref> |
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After the deal was completed, Lowe became chairman of the football club. This was despite him being an avid [[rugby union]] watcher and [[hockey]] player, who had only seen his first professional football game six months previously. |
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Fans` groups were initially undecided about Lowe. He had vast business expertise, a vital trait for any chairman of a football club, but he also knew hardly anything about the game. Soon after the takeover, [[Graeme Souness]] and [[Lawrie McMenemy]] left the club, citing 'difficulties' with the new owners. This came as a huge shock to many fans and to the local press, who regarded McMenemy as 'Mr. Southampton'. |
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Lowe, however, did much to improve his image in the eyes of Saints` fans and the media. He guided the club from their old stadium into the [[St Mary's Stadium]] and the club continued to follow a long-standing policy of selling players to clubs for high prices. [[Dean Richards]], who was sold to [[Tottenham Hotspur]] for £8 million, and [[Kevin Davies]], who was sold to [[Blackburn Rovers]] for £7 million, are good examples. Davies was subsequently bought back by Southampton for a much smaller fee. [[James Beattie (footballer)|James Beattie]] joined the club for £1 million from [[Blackburn Rovers]], enjoyed great form at Southampton, and later joined [[Everton F.C.|Everton]] for £6 million. Lowe's financial astuteness contributed greatly to the financial stability of Southampton F.C. |
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His timing of managerial decisions were somewhat alarming and inconsistent, however, as there were eight managers during his tenure, a very high turnover rate. [[Dave Jones]] was forced out when faced with a criminal investigation, even though Jones was later exonerated of all charges. Jones' replacement, [[Glenn Hoddle]], left to join [[Tottenham Hotspur]] in [[2001]]. Lowe then appointed a talented coach, [[Stuart Gray (footballer born 1960)|Stuart Gray]], but Gray was swiftly replaced by [[Gordon Strachan]] after a disastrous start to the 2001-02 season. |
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In [[2003]], Saints went on to reach the [[FA Cup]] [[Final]] and qualified for the [[UEFA Cup]] for the first time in nearly 20 years. In the following season they were lying 4th in the league at [[Christmas]], but it soon emerged that Gordon Strachan was refusing to extend his contract citing 'personal reasons'. Lowe and the board took the decision to replace him with [[Paul Sturrock]] before the end of the season. [[Sturrock]] himself left the club by "[[mutual consent]]" within six months of being appointed. |
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Lowe seemingly made the same mistake as he did with Stuart Gray by employing a good coach ([[Steve Wigley]]), who seemed to lack the steely will needed for a manager of any business. Like the appointment of Gray three years earlier, Lowe appeared to be taking a huge gamble by employing another untested coach, and allegedly exploited his own influence by indulging himself more and more in team affairs, including the much documented "[[Agustín Delgado|Delgado]] Affair". The appointment of Wigley also broke Premiership rules requiring all managers to have the relevant coaching qualifications. With the team's form deteriorating, Lowe sacked Wigley in November of the same year. |
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Wigley was replaced, to much furore, by former [[Portsmouth F.C.|Portsmouth]] manager [[Harry Redknapp]]. The appointment of an experienced manager in Redknapp led to expectations that results would improve, but they were actually worse in the second half of the season than in the first, and the club was relegated to [[the Championship]]. Lowe appointing three managers in one season was the primary reason for the club's downfall. |
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After a mediocre start to the 2005-06 season, Redknapp resigned as manager citing personal reasons and a wish for a break from football, but he quickly re-joined Southampton's rivals [[Portsmouth Football Club|Portsmouth]]. [[George Burley]] was appointed as manager in December 2005, while former [[England national rugby union team|England]] rugby union coach [[Sir Clive Woodward]], who had been brought into the club only a year beforehand, was promoted to the senior position of [[Director of Football]]. Although supporters approved of bringing in new techniques that had worked in other sports, this move was once again seen by many fans as gambling the club's status with another experiment. The club were unable to mount a push for promotion back to the Premiership. |
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On 30th June 2006, Lowe resigned under huge pressure from club supporters, including the newly formed [[Saints Trust]], following the club's failure to win promotion back to the Premiership. [[Michael Wilde]], a new investor in Southampton Leisure Holdings Plc, led a new team of directors in taking over the club. |
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===Football powerbroker=== |
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Lowe has served as a member of [[the Football Association]] Board as a [[Premier League]] representative and as a FA Councillor. He had been mooted as a potential future FA Chairman. |
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===Political career=== |
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Lowe stood for election as the [[Referendum Party]] candidate for [[Cotswold (constituency)|Cotswold]] to the [[British House of Commons|House of Commons]] in the [[United Kingdom general election, 1997|1997 general election]]. |
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==Quotes== |
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* Lowe - "Once you get into debt, the bank manager comes into the club to run the team." |
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* Souness - "You tell me if there is anyone else in football by the name of Rupert?" |
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* Lowe - "My own view is that walking away is the easy option. Staying and sorting it out is much harder." |
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* Lowe - summing up the scepticism surrounding player Delgado: "Short of putting him in a cage and dragging him to the training ground, I can't guaranteee anything." |
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* Lowe - on Hoddle's departure to Spurs: "This whole thing has been a mess from start to finish, something needs to be done about it." |
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* Mandaric: - chairman of Portsmouth has said of him "I've spent more on petty cash than Rupert Lowe has spent on players. The only time I would ask him for advice is if I want to buy a hockey club, as that is his field of expertise. We'll see which club spends more in the transfer market, with friends like him, who needs enemies?" |
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==References== |
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<references /> |
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{{DEFAULTSORT:Lowe, Rupert}} |
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[[Category:Living people]] |
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[[Category:Southampton F.C.]] |
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[[Category:English football chairmen and investors]] |
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Revision as of 21:44, 5 December 2007
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Rupert Lowe is a twat