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Kenneth William Bates (born 4 December 1931) is a British businessman, football executive and hotelier. He was involved in the development of Wembley Stadium and is a former owner and chairman of football clubs Chelsea and Leeds United. Bates spent five years as chairman of Oldham Athletic during the 1960s and also had a spell at Wigan Athletic.
Chelsea Pitch Owners plc is a nonprofit organisation which is part of Chelsea Football Club, tasked with the upkeep of the stadium. It owns both the freehold of the Stamford Bridge stadium and the naming rights of Chelsea Football Club .
This is a list of the largest sports contracts. These figures include signing bonuses but exclude options, buyouts , and the endorsement deals. This list does not reflect the highest annual salaries or career earnings, only the top 100 largest contracts and thus is largely limited to athletes in team sports and auto racing .
Leeds United Football Club Limited, founded 4 May 2007, is a limited company, the directors of which are Ken Bates, Shaun Harvey and Mark Taylor. The company purchased Leeds United A.F.C. via a creditors vote after the club entered administration, but this ownership was challenged by HM Revenue & Customs and the club was subsequently put up for sale by the administrators KPMG.
A year later, Chelsea Football & Athletic Company, heavily in debt and unable to pay its players, was acquired from the Mears family interests by businessman and one-time chairman of Oldham Athletic, Ken Bates, for the sum of £1, though for reasons which remain disputed, he did not buy SB Properties, the company which now owned the Stamford ...
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In July 2003, long-time chairman Ken Bates sold the club to Russian billionaire Roman Abramovich. Chelsea finished the season as runners-up in the Premier League. In the Champions League Chelsea reached the semi-finals against AS Monaco, but failed to reach the final, losing 5–3 on aggregate to the French side.