Peter Swann

Last updated

Peter Swann
Born (1965-10-29) 29 October 1965 (age 58)
NationalityBritish
OccupationBusinessman
Known forFormer chairman and owner of Gainsborough Trinity (2008–2013)
Former chairman of Scunthorpe United (2013–2022)
PartnerKarin Swann

Peter Swann (born 29 October 1965) is British businessman and the former chairman of football clubs Gainsborough Trinity and Scunthorpe United, having taken over at the latter from the retiring Steve Wharton in 2013. [1] Swann's property interests include Scunthorpe United's Glanford Park stadium.

Contents

Football chairman

Gainsborough Trinity

He became chairman of Gainsborough Trinity in October 2008. [2] During his time at the Lincolnshire club, he is believed to have invested £1.5 million. [3]

In 2009, he appointed former Premier League manager Brian Little as the club's new manager, although going on to sack him in August 2011 after a poor run of form. [4]

On 14 November 2011, Swann announced he had agreed a deal in principle to move Trinity to a new stadium on the site of the former Castle Hills secondary school. Swann stated that a move away from The Northolme was necessary to allow the club to grow. [5] On 14 May 2012, he announced that the stadium would be a 4,000 seater stadium and would be a community project, not a football one. [6]

Trinity under new manager Steve Housham advance into the Conference North play-off final after beating FC Halifax Town 3-2 on aggregate, with Swann saying the club had over-achieved. [7] Nuneaton won the final 1-0 to secure promotion to the Conference Premier. [8]

On 28 August 2012, Swann announced he would leave his position as owner of the club for health reasons but had agreed to finance them until the end of the season and would leave them debt free. [9]

Swann later admitted he was walking away from the club in part because the "Blues Club" social club who owned The Northolme would not sell the ground to him, despite stating he didn't want to sell the stadium he only wanted it for the club and the fans. [10]

Scunthorpe United

He became chairman of Scunthorpe United during the 2013 pre-season, seeing off competition from Sheffield-based boxing promoter Dennis Hobson for the post. He sacked manager Brian Laws following the first-round FA Cup defeat to local rivals Grimsby Town. [11] In 2015, he said of his takeover: "We picked up a club with no systems in place, it was run as a hobby and that is what we have cleared up. There were no records in several departments, no invoices, no purchase ledger, no structure and certainly no leadership at key levels and it has been a huge job to try and achieve." [12]

Swann held an 87.5% stake in the club, as of November 2016. [13]

In December 2013, he spoke of his intent to construct a new stadium for Scunthorpe by 2015. [14] The club were later scheduled to move in to the new ground for the start of the 2016-2017 English football season. [15] After delays and complications over the new stadium's location, the club were unable to proceed with this plan and instead looked to redevelop their current home. [16]

Under his direction, Scunthorpe waived shirt sponsorship money and allowed the charity Prostate Cancer UK to have their name and logo displayed on the front of the team's shirts, to help raise awareness of the disease during the 2015-2016 season. The charity's director of fundraising said he was "incredibly grateful" to Swann and his family for their support in an "exciting project". [17] In 2021, Scunthorpe made Cancer Research UK their main shirt sponsors. [18]

In August 2020 The Scunthorpe Telegraph described Mr Swann as "having earned his justified reputation as a ‘sacker'." [19]

In May 2021, Swann revealed to fans that he had transferred Glanford Park, the training ground, car park and surrounding land to his other business Coolsilk Property and Investment Ltd, in exchange for £11 million worth of loans. [20] On 31 March 2022 with the club 10 points adrift at the bottom of League Two and his position attracting considerable public criticism, Swann announced his resignation as chairman with immediate effect. [21] His family remain majority shareholders, but on 21 July 2022 he indicated that discussions over a sale were at an advanced stage. [22] In September, it was reported that takeover talks had collapsed. [23]

Financial crisis

On 1 December 2022, the club stated that a deal had been agreed for its sale, following staff wages for November not being paid on time. [24] The deal failed to be finalised and on 11 January 2023, Scunthorpe United were served a winding-up petition by HM Revenue and Customs over an apparent unpaid tax bill, on which Swann declined to comment. [25] On 14 January 2023, United fans invaded the pitch during the second half of their 2–0 National League defeat by Woking, in a protest against Swann [26] (also involved in separate court action regarding gambling debts). [27]

On 25 January 2023, the club announced the immediate takeover of the club by former Ilkeston Town chairman David Hilton. [28] [29] The deal included the stadium and surrounding land, and provided a four-month exclusivity period for Hilton to conclude a £3m agreement to buy the property. [30]

However, Hilton’s legal team raised concerns about the valuation, the stadium's status as a community asset and issues of planning permission and access. [30] Hilton did not buy the stadium within the agreed timeframe; [31] instead he found a loophole solution: a lease agreement that let the club stay at Glanford Park for 7p a week rent - something Swann considered to be trespass and squatting. [30] Hilton claimed that Swann was demanding an unreasonable £1.5 million upfront before starting legal paperwork for the sale. [32] Swann, through a fan message board, claimed Hilton was lying about the whole thing and didn't want to buy the stadium at all. [33] In late May 2023, the gates the Glanford Park were bolted shut and a sign explained the club were legally allowed to 'squat' at Glanford Park. [34] [35] [ better source needed ]

Swann began legal proceedings to sue both Hilton and the club, with an initial court hearing being adjourned until between January 2024 and March 2024. [36] [37] In September 2023, Hilton stopped funding the club, and the club said that fixtures after 7 October 2023 would be played at Gainsborough Trinity due to the dispute. [38] However, talks about the ground's purchase continued with the club's new owners and on 16 November 2023, the club exchanged contracts with Swann to buy Glanford Park. [39]

Business

Swann is the previous managing director of the former Sands Venue in Gainsborough, Lincolnshire and the State Club nightclub. [40]

He is the owner of Cool Fun Ltd, which operates the Sands live music venue in Blackpool. His wife Karin was joint-chairman of the Wilkinson Hardware Stores chain and is the granddaughter of its founder. [41]

His family fortune was estimated by the Sunday Times at £340 million in 2013. [41]

Personal life

He is married to Karin Swann who was formerly a part owner of Wilko. In May 2012, he had a suspected brain haemorrhage. In October 2013, he said it has not "cleared up totally" but that he was "ninety-five percent". [42]

He is interested in golf and horse racing, owning a number of racehorses including the Group One winner Sands of Mali. [43]

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References

  1. ↑ Scunthorpe United: Peter Swann set to be named new chairman - BBC Sport
  2. ↑ "Swann appointed Trinity chairman". 3 October 2008.
  3. ↑ New Scunthorpe United chairman Peter Swann will always value his time at Gainsborough Trinity - Lincolnshire Echo
  4. ↑ "Gainsborough sack manager Little". BBC Sport.
  5. ↑ "Gainsborough agree stadium site". BBC Sport.
  6. ↑ "Gainsborough Trinity unveils images for planned stadium". BBC News. 10 May 2012.
  7. ↑ "Swann shocked by Trinity success". BBC Sport.
  8. ↑ "Gainsborough 0 Nuneaton Town 1 - Derek Brown's verdict (Gallery)". 14 May 2012.
  9. ↑ "Owner Swann to quit Trinity".
  10. ↑ "Swann: "I have no choice but to walk away"".
  11. ↑ Peter Swann: Why I sacked Brian Laws as Scunthorpe United boss - Scunthorpe Telegraph
  12. ↑ Chairman's statement: 'Belief' - Scunthorpe-United.co.uk. Retrieved 9 September 2015.
  13. ↑ Statement: 'PROGRESS' - Scunthorpe United. 18 November 2016. Retrieved 18 November 2016.
  14. ↑ Scunthorpe United's new £18-million ground set to open in 2015 Archived 2013-12-19 at the Wayback Machine - Scunthorpe Telegraph
  15. ↑ New Scunthorpe United stadium: Peter Swann reveals when Iron may move in - Scunthorpe Telegraph. Retrieved 28 July 2015.
  16. ↑ Significant development on Scunthorpe United stadium plan as 'agreement reached' over apartments - Scunthorpe Telegraph. Retrieved 25 August 2020.
  17. ↑ - Scunthorpe United waive shirt sponsorship fee to support Prostate Cancer UK - Scunthorpe Telegraph. Retrieved 1 August 2015.
  18. ↑ Iron link up with Cancer Research UK - Scunthorpe United. 2 July 2021. Retrieved 5 August 2021.
  19. ↑ - Swift managerial appointment a must for Scunthorpe United -Scunthorpe Telegraph. Retrieved 25 August 2020.
  20. ↑ Findlater, James (24 April 2021). "Scunthorpe United chairman defends transfer of club's stadium to his own company amid fans' concerns". Grimsby Live. Retrieved 5 September 2023.
  21. ↑ "Peter Swann: Scunthorpe United chairman resigns with club bottom of Football League". BBC Sport. 31 March 2022. Retrieved 31 March 2022.
  22. ↑ Scunthorpe United owner Peter Swann 'agrees price' for club to sold. GrimsbyLive. 21 July 2022. Retrieved 4 August 2022.
  23. ↑ Scunthorpe United owner pledged continuing support. Insider Media Limited. 20 September 2022. Retrieved 12 January 2023.
  24. ↑ Club statement. Scunthorpe United. 1 December 2022. Retrieved 12 January 2023.
  25. ↑ Scunthorpe United: National League side served with winding-up petition. BBC Sport. 11 January 2023. Retrieved 12 January 2023.
  26. ↑ "Scunthorpe United 0-2 Woking". BBC Sport. 14 January 2023. Retrieved 15 January 2023.
  27. ↑ Buckingham, Philip; Slater, Matt (13 January 2023). "Special report: Scunthorpe United, a club on the brink". The Athletic. Retrieved 15 January 2023.
  28. ↑ "Club statement". www.scunthorpe-united.co.uk. 25 January 2023. Retrieved 25 January 2023.
  29. ↑ "Scunthorpe United: David Hilton completes takeover from Peter Swann". BBC Sport. 25 January 2023. Retrieved 26 January 2023.
  30. 1 2 3 Storey, Daniel (28 September 2023). "I went to Scunthorpe to visit a town whose football club is dying. The situation is beyond grim". The i. Retrieved 1 October 2023.
  31. ↑ McCartney, Aidan (13 July 2023). "EXCLUSIVE: Inside Scunthorpe United's owner battle as 'civil war' rages over Glanford Park future". Mirror. Retrieved 17 July 2023.
  32. ↑ Mitchell, Andy (23 July 2023). "Hilton: I'll fight to the finish". The Non-League Paper. p. 4.
  33. ↑ "Statement 06/07/23". Iron Bru. 6 July 2023. Archived from the original on 5 September 2023. Retrieved 5 September 2023.
  34. ↑ Green, Luke (26 May 2023). "Scunthorpe United issue statement as 24-hour security spotted at Glanford Park". Grimsby Live. Archived from the original on 27 May 2023. Retrieved 5 September 2023.
  35. ↑ @sufcofficial (24 May 2023). "statement" (Tweet). Retrieved 5 September 2023– via Twitter.
  36. ↑ Laversuch, Chloe (29 August 2023). "Scunthorpe United: Battle for Glanford Park stadium to go to trial". BBC News. Archived from the original on 2 September 2023. Retrieved 5 September 2023.
  37. ↑ Hilton, David (29 August 2023). "Club Statement". Scunthorpe United. Retrieved 5 September 2023.
  38. ↑ "David Hilton: Scunthorpe United owner withdraws funding & club to play away from Glanford Park". BBC Sport. 28 September 2023. Retrieved 28 September 2023.
  39. ↑ "Scunthorpe United: National League North side close in on ground purchase". BBC Sport. 16 November 2023. Retrieved 16 November 2023.
  40. ↑ "Marshall's Yard Welcomes the Sands - Retail developers and leaders in urban regeneration - Dransfield Properties Limited".
  41. 1 2 New Scunthorpe United chairman: Peter Swann profile Archived 2013-12-31 at the Wayback Machine - Scunthorpe Telegraph
  42. ↑ Peter Swann Q and A (Part 2): Cheltenham Town (H) - YouTube. 1:15. Retrieved 1 August 2015.
  43. ↑ Burn, James (26 August 2020). "'A perfect stallion': Sands Of Mali retired as owner outlines stud plans". Racing Post . Retrieved 26 August 2020.


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