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Lionel Pickering
Lionel Victor Pickering (4 December 1931 – 2 September 2006) was an English businessman, best known as the owner of Derby County F.C. between 1991 and 2003. A self-made millionaire, he previously built up a free local newspaper business, making his fortune primarily from the advertising revenue it generated.
In 1991, Pickering purchased Derby County Football Club for just over £1 million from Robert Maxwell and invested heavily in players over the next two years, spending nearly £10 million.[citation needed]
In January 1992, with Arthur Cox's low budget team just in touch with the leading pack, Pickering embarked on a spending increase, the biggest in the club's history, with the £1million signing of Marco Gabbiadini from Crystal Palace.[citation needed] Joining him in that season were Paul Kitson, Tommy Johnson & Paul Simpson, followed by Steve Sutton, Mark Pembridge, Darren Wassall, Craig Short and Martin Kuhl a year later. Derby were relegated from the old First Division the year Pickering bought the club, and suffered two playoff defeats over the next three seasons which saw them miss out on a place in the new FA Premier League.
In 1995, Pickering appointed Jim Smith in order to change the club's fortunes. With a string of new signings and the hiring of future England and Derby County head coach, Steve McClaren as assistant manager, Smith took the club to the promotion in his first season.
Pickering put Derby at the forefront of English football by building Pride Park Stadium, which was one of the first new stadiums of the modern era to be built by a club in the top two divisions. He also presided over the development of the academy for young footballers at Moor Farm, Oakwood. Derby also finished as high as eighth in the Premier League in 1999.
As the club's fortunes levelled off and subsequently began to slump in the early 2000s, there was a moderate amount of disquiet amongst fans. He went onto Radio Derby and said: "If you can do better, where's your money - and if you don't like it, go and watch Forest.”
Derby were relegated back to Division One in 2002.
In October 2003, Derby County's parent company, Derby County Limited, briefly went into liquidation and Pickering, the majority shareholder, gave way to a new board of John Sleightholme, Jeremy Keith and Steve Harding, who bought the club for £3. [citation needed]
Lionel Pickering
Lionel Victor Pickering (4 December 1931 – 2 September 2006) was an English businessman, best known as the owner of Derby County F.C. between 1991 and 2003. A self-made millionaire, he previously built up a free local newspaper business, making his fortune primarily from the advertising revenue it generated.
In 1991, Pickering purchased Derby County Football Club for just over £1 million from Robert Maxwell and invested heavily in players over the next two years, spending nearly £10 million.[citation needed]
In January 1992, with Arthur Cox's low budget team just in touch with the leading pack, Pickering embarked on a spending increase, the biggest in the club's history, with the £1million signing of Marco Gabbiadini from Crystal Palace.[citation needed] Joining him in that season were Paul Kitson, Tommy Johnson & Paul Simpson, followed by Steve Sutton, Mark Pembridge, Darren Wassall, Craig Short and Martin Kuhl a year later. Derby were relegated from the old First Division the year Pickering bought the club, and suffered two playoff defeats over the next three seasons which saw them miss out on a place in the new FA Premier League.
In 1995, Pickering appointed Jim Smith in order to change the club's fortunes. With a string of new signings and the hiring of future England and Derby County head coach, Steve McClaren as assistant manager, Smith took the club to the promotion in his first season.
Pickering put Derby at the forefront of English football by building Pride Park Stadium, which was one of the first new stadiums of the modern era to be built by a club in the top two divisions. He also presided over the development of the academy for young footballers at Moor Farm, Oakwood. Derby also finished as high as eighth in the Premier League in 1999.
As the club's fortunes levelled off and subsequently began to slump in the early 2000s, there was a moderate amount of disquiet amongst fans. He went onto Radio Derby and said: "If you can do better, where's your money - and if you don't like it, go and watch Forest.”
Derby were relegated back to Division One in 2002.
In October 2003, Derby County's parent company, Derby County Limited, briefly went into liquidation and Pickering, the majority shareholder, gave way to a new board of John Sleightholme, Jeremy Keith and Steve Harding, who bought the club for £3. [citation needed]