Russell Bartlett
Encyclopedia
Russell Bartlett is a businessman and property investor and the former chairman and majority shareholder of Hull City
football
club.
He purchased Hull City from Adam Pearson
in June 2007 as part of a consortium with Paul Duffen
and (reportedly at the time) Martin Walker
. They had made unsuccessful attempts to take over West Ham United
and Cardiff City
. Bartlett and Walker jointly own the Fortis
property company. Duffen later stated, however, that Walker is not a shareholder in Hull City.
On 29 October 2009, with the club reportedly in financial difficulty, Duffen left his position at Hull City following disagreements with Bartlett over the direction of the club. Bartlett re-appointed Adam Pearson
s Chairman on 2 November, with one of his objectives being to attract outside investment - Bartlett is reportedly willing to sell up to 20% of his stake in the club.
Following Hull City's relegation from the Premier League in May 2010, a boardroom reshuffle took place at the club, seeing Adam Pearson
step down as club chairman, a position which Bartlett himself then took up.
On 10 November 2010, it was reported that the owner of East Yorkshire based Allam Marine, Assam Allam along with his son Ehab Allam had agreed to purchase a controlling interest in Hull City from Russell Bartlett. It was announced that Bartlett would remain involved in the club, although no information regarding his position as chairman was released.
On 17 December 2010, following a protracted period of due diligence, it was confirmed that Bartlett had sold his entire shareholding in Hull City to the Allam
family for the nominal fee of £1, severing all links with the club and its liabilities. He was succeeded as chairman by Assem Allam.
Hull City A.F.C.
Hull City Association Football Club is an English association football club based in Kingston upon Hull, East Riding of Yorkshire, founded in 1904. The club participates in the Football League Championship, the second tier of English football...
football
Football (soccer)
Association football, more commonly known as football or soccer, is a sport played between two teams of eleven players with a spherical ball...
club.
He purchased Hull City from Adam Pearson
Adam Pearson
Adam Pearson is Head of Football Operations of Hull City and owner of Hull F.C. rugby league club. He is the former chairman of English association football club Derby County.-Career:...
in June 2007 as part of a consortium with Paul Duffen
Paul Duffen
Paul Jeremy Duffen is the ex-chairman of Hull City A.F.C. and was formerly Chief Executive Officer of Catalyst Media Group plc , where other board members included Sir David Frost and Steven Smith...
and (reportedly at the time) Martin Walker
Martin Walker
Martin Walker is a former Director of Hull City football club.He joined Hull City in June 2007 as part of a consortium with Paul Duffen and Russell Bartlett...
. They had made unsuccessful attempts to take over West Ham United
West Ham United F.C.
West Ham United Football Club is an English professional football club based in Upton Park, Newham, East London. They play in The Football League Championship. The club was founded in 1895 as Thames Ironworks FC and reformed in 1900 as West Ham United. In 1904 the club relocated to their current...
and Cardiff City
Cardiff City F.C.
Cardiff City Football Club are a Welsh professional football club based in Cardiff, Wales. The club competes in the English football pyramid and is currently playing in the Football League Championship. Cardiff City is the best supported football club in Wales, averaging approximately 22,500 for...
. Bartlett and Walker jointly own the Fortis
Fortis (finance)
Fortis N.V./S.A. was a company active in insurance, banking and investment management. In 2007 it was the 20th largest business in the world by revenue but after encountering severe problems in the financial crisis of 2008, most of the company was sold in parts, with only insurance activities...
property company. Duffen later stated, however, that Walker is not a shareholder in Hull City.
On 29 October 2009, with the club reportedly in financial difficulty, Duffen left his position at Hull City following disagreements with Bartlett over the direction of the club. Bartlett re-appointed Adam Pearson
Adam Pearson
Adam Pearson is Head of Football Operations of Hull City and owner of Hull F.C. rugby league club. He is the former chairman of English association football club Derby County.-Career:...
s Chairman on 2 November, with one of his objectives being to attract outside investment - Bartlett is reportedly willing to sell up to 20% of his stake in the club.
Following Hull City's relegation from the Premier League in May 2010, a boardroom reshuffle took place at the club, seeing Adam Pearson
Adam Pearson
Adam Pearson is Head of Football Operations of Hull City and owner of Hull F.C. rugby league club. He is the former chairman of English association football club Derby County.-Career:...
step down as club chairman, a position which Bartlett himself then took up.
On 10 November 2010, it was reported that the owner of East Yorkshire based Allam Marine, Assam Allam along with his son Ehab Allam had agreed to purchase a controlling interest in Hull City from Russell Bartlett. It was announced that Bartlett would remain involved in the club, although no information regarding his position as chairman was released.
On 17 December 2010, following a protracted period of due diligence, it was confirmed that Bartlett had sold his entire shareholding in Hull City to the Allam
Assem Allam
Dr.Assem Allam is an East Riding of Yorkshire-based, Egyptian-born businessman, owner of Allam Marine, an industrial generator manufacturer, and owner of Football League Championship side, Hull City.-Background:...
family for the nominal fee of £1, severing all links with the club and its liabilities. He was succeeded as chairman by Assem Allam.