Did anyone else realise bates is worth

£150 million!!!!!

Kenneth William Bates (born 4 December 1931) is a British businessman and football executive. The current chairman and now owner of Leeds United AFC, Bates was previously chairman and majority shareholder of Chelsea FC from 1982 until 2003.

After a short stint as chairman of Oldham Athletic, Bates bought struggling, debt-ridden Second Division side Chelsea for £1 in 1982. During his tenure he helped the club win a long-running battle with property developers who were attempting to evict them from their Stamford Bridge home. By the end of his reign Chelsea were regularly finishing in the top six of the Premier League, and had won their first major trophies since the 1970s, although had a debt burden of around £80m.In July 2003, he sold the club to Russian billionaire Roman Abramovich from whom he received £140 million, leading to a £17 million (net) profit.

In January 2005, Bates bought a 50% stake in Leeds United, another club struggling under a heavy debt burden. In May 2007, Bates' tenure saw Leeds go into administration (with unpaid debts of some £35 million) and suffer relegation to the third tier of English football. The following month, a consortium led by him bought the Club back from the Administrators, via offshore companies, for £1.5 million. After the Administration, the Club was considered to be "debt free".The Club regained Championship status in 2010 and, on 3 May 2011, in anticipation of promotion to the British football Premier League (not subsequently realised) Bates confirmed, according to the BBC, that he had become the sole owner of Leeds United.

Bates was born in Ealing in 1931. His mother died shortly afterwards and his father absconded.so he was raised by his grandparents in a council flat. He grew up supporting Queens Park Rangers but was unsuccessful in pursuing a playing career in football.(because he was sh 1t) He made his personal fortune in the haulage industry and later moved into quarrying, ready-mix concrete and dairy farming. He was involved with various other enterprises during the 1960s and 1970s, including a project on the British Virgin Islands and setting up the Irish Trust Bank, which was completed in 1976, leaving thousands of investors out-of-pocket. Twice married (present wife, Suzannah), he has five children. He spent five years as chairman of Oldham Athletic during the 1970s and also had a spell at Wigan Athletic.

He is estimated to be worth in the region of £150 million.

He currently resides in Monaco as a tax exile. He is however, under UK law, allowed to visit Britain for a maximum of 90 days in a calendar year.

Please someone tell me why he is such a tight fisted Bas *ard with all his cash,Is he going to be cremated when he dies taking all his millions with him.What a tight C nt he is....