THE ARCHIVE
Sharp end
Hull City, Hastings Town | Hull City, Hastings Town |
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When clubs get rid of an unpopular owner, fans are naturally tempted to greet his successors with a relatively uncritical eye. Few at Hull City were sorry to see the back of David Lloyd and the new regime of chairman Nick Buchanan appears to have restored a measure of stability. However, there may still be trouble ahead. The FA’s compliance officer Graham Bean has been investigating the role in the club of vice-president and major shareholder Stephen Hinchliffe, much to Buchanan’s disgust. “I want to stress that we have absolutely nothing to hide and the FA are wasting their time and money in what I can only describe as a persecution of this football club,” he said. “Why is Bean hounding us?” Hinchliffe’s past suggests some possible reasons. In 1994 his Facia group of companies took over several well-known high street retailers such as Sock Shop, Freeman Hardy Willis and Salisburys. Two years later the enterprise collapsed with debts of more than £30 million under circumstances which led to fraud charges against Hinchliffe (which he denies). In November 1998 Hinchliffe was banned from being a director of any British company for seven years after being found guilty in the High Court of unfit conduct as a director of a separate company, Boxgrey. From WSC 155 January 2000. What was happening this month On the subject...
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