Simon Jordan Net Worth: Simon Jordan has a net worth of £50 million as of [month] [year]. Simon Jordan is a businessman from England who made his wealth in the mobile phone industry. He bought Crystal Palace Football Team in 2000 and served as chairman until the club went into administration in early 2010.
Simon Jordan Net Worth and Profile Summary
|Date of birth:||September 24, 1967|
|Age:||[get_age month=9 day=24 year=1967]|
|Place of Birth:||Thornton Heath, United Kingdom|
|Simon Jordan Net Worth:||£50 million|
Simon Jordan Net Worth [year]
Simon Jordan net worth is £50 million as of [month] [year]. He receives funds from an English businessman. His private companies are his main source of revenue. He has a lot of money and is one of the wealthiest people in the United Kingdom. Simon Jordan has worked in a variety of industries. He has worked in sports, periodicals, TV, radio, and film production. Jordan is a well-known businessman in England and a football fan (soccer).
Simon Jordan: Business Life
His friend James Wright asked him to join his company, Wright Connections, which sold cell phones through advertisements in the publication Loot and Exchange and Mart, in the late 1980s or early 1990s. Prior to altering their company name to Corporate Cellular Ltd., Jordan and Wright had rented space from a separate mobile phone provider, Delta 5, and operated a straightforward operation (CCL). Early in the 1990s, when business didn’t seem to be going well, Jordan departed the company.
Jordan and Andrew Briggs founded their own mobile phone retail business, the Pocket Phone Shop, in 1994. With just £30,000 and a 3,500 square foot (330 square meters) Slough apartment as their base, they quickly saw success thanks to a partnership with service provider Astec.
In 2000, the Pocket Phone Shop had 208 locations around the country, employed 1100 people, and anticipated a £102 million revenue for the 1999–2000 fiscal year. Before starting their own business, Jordan and Briggs both worked for The Carphone Warehouse, the industry leader, and Pocket Phone Shop was seen as one of its key competitors.
In order to promote the opening of additional stores, the Pocket Phone Shop at one point hired Ulrika Jonsson. However, the relationship soured when Jordan filed a lawsuit against Jonsson, alleging that she had not carried out her promotional duties. What resulted from this action is unknown.
After selling the business to One2One in 2000 for an estimated £80 million, Simon Jordan and Briggs departed from Pocket Phone Shop. When Crystal Palace Football Club was just hours away from extinction that year, Singaporean businessman Jerry Lim purchased the club from the administrators and instantly sold it to Jordan.
At 32 years old, Jordan became the Football League club’s youngest chairman when he appointed himself chairman on the spot. Jordan, a lifetime supporter who was born “100 yards from the ground,” said, “I have been prepared to put my money into something I truly believe in, and my first job is to turn the fortunes of this club around.”
Jordan also promised that within five years the team would be promoted to the Premiership. They actually accomplished this in four years. Jordan owned the club, but Ron Noades, who had served as chairman until 1998, was the rightful owner of the stadium.
Simon Jordan declared in July 2008 that he had “been disillusioned with football for a long time” and that he intended to sell the team and quit the sport entirely. This happened after a Football Association tribunal ruled on the transfer of John Bostock to Tottenham Hotspur, leading Jordan to remark, “It’s a panel of halfwits.” Palace only received £700k despite valuing Bostock at £5 million.
Palace fell into severe financial difficulty as no interested parties came forward to make an offer for the team. As Jordan experienced cash flow issues related to wage payments at the club in November and December 2009, rumors of personal financial struggles persisted. Jordan’s ownership of Crystal Palace ended on January 26, 2010, when the club entered administration.
Rift With Managers
Early in his ownership of Palace, Simon Jordan developed a reputation as a manager-killer, but this altered as his rule went on. Steve Coppell (August 2000), Alan Smith (April 2001), Steve Bruce (November 2001), Trevor Francis (April 2003), and Steve Kember (November 2003) were the five managers that left their positions between 2000 and 2003. Only Coppell and Bruce quit on their own, with a personality conflict causing Coppell’s departure and a High Court case resulting from Bruce’s resignation.
Jordan had promised promotion within five years, and after Iain Dowie was hired in December 2003, the team shot up the standings from the bottom of the table to earn promotion in May 2004 by defeating West Ham United at Cardiff’s Millennium Stadium.
However, the team only spent one season in the Premier League before being narrowly demoted in 2005. Dowie departed the group with Jordan’s approval in May 2006 after realizing they shared the same aim while having different perspectives. At the end of the month, Dowie became the new manager of Charlton Athletic, which prompted Jordan to file a lawsuit against him on the grounds that Dowie had lied about his reasons for leaving.
On June 13, 2006, Peter Taylor, a former Palace player, took office. However, he was fired on October 8, 2007, after a brief 16-month term. Jordan said he wished Taylor will be regarded as a successful player for Palace as opposed to a poor manager. He introduced Neil Warnock as the new manager on October 11 during a press conference, which did not come as a surprise to many since the two were said to be close friends.
The pair’s relationship broke down after Warnock left the club to join Queens Park Rangers after the Eagles went into administration. The team went on a fantastic run of success that saw them rise from the relegation spots into the 2007–08 season play-offs.
Dowie Court Case
Simon Jordan was successful in his High Court struggle with Dowie after Mr. Justice Tugendhat determined that Dowie had lied in order to get out of his Palace employment contract. Dowie successfully argued against that judgment, which allowed the Court of Appeal to hear from her. Crystal Palace F.C. and Dowie reached an out-of-court agreement in April 2008.
Jordan claimed to have paid Ron Noades £12 million for the freehold of Selhurst Park in October 2006, utilizing an anonymous investment method. He stated that the “very, very terrible” connection he had with Noades had made the obfuscation necessary. Palace was now regarded as secure going forward. It was then discovered that the business Selhurst Park Limited, which was owned by another company, had purchased the freehold.
The formal ownership was ultimately shown to be divided 60% in favor of Paul Kemsley and 40% in favor of a venture capital firm owned by HBOS. Since then, Jordan has made the freehold available for sale with the goal of regaining the property’s long lease. Although Jordan later consented to a 25-year lease for Selhurst Park, it was unclear what Simon Jordan’s true position was with the freehold.
The stadium was bought by the CPFC 2010 consortium, led by Steve Parish, at the same time as the consortium bought Crystal Palace F.C. Selhurst Park Limited later entered administration (separate from Crystal Palace Football Club’s own administration), which led to the stadium being purchased by the consortium at the same time.
Simon Jordan The Columnist
Beginning with the 2005–06 campaign, Jordan produced a twice-weekly piece for The Observer. He was accused of defaming the game by the Football Association after writing a piece in which he advocated for the neutering of football agents. On December 7, 2005, the case was heard, and the charge of improper behavior was established.
A £10k fine with a suspended period was imposed on Simon Jordan. Jordan announced his intention to appeal, saying “I didn’t start this fight, but it’s not something I’m going to walk away from.” with the support of fellow journalists and media consultant Max Clifford. The three-member court heard his appeal on April 10 and dismissed it by a vote of two to one. Jordan stated that he and his advisers were “now considering taking this through the courts. Any legal action I take won’t be about wasting time or resources on a petty point of principle – it’d be an attempt to see the whole thing unravel.”
Jordan also emphasized the flaws in the FA disciplinary panel in the column. The same tribunal opted not to discipline Paul Jewell, the manager of Wigan, who had been accused of making remarks resembling those of Jordan. The compliance procedure, according to Jordan, is “based on mood,” she said, adding that there is no framework, no consistency, and yes, it is personal. It essentially means that others can use the same words to imply that a referee is incompetent while I am unable to do so.
When The News of the World claimed on February 26, 2006, that Jordan was sick of being chairman and wanted to return to being a normal fan, it seemed as though the events were having an impact on him while he awaited the conclusion of the appeal. He later claimed that he had been misquoted and that he had only reiterated what he had said eight months earlier, that “I don’t plan to stay at Palace or in football all my life,” in a column published in the Observer on March 5, 2006. ” I’d like to return to the stands as quickly as possible, but I won’t sell until I’ve secured a sound legacy – Premiership football and a new ground”.
In the 2006–2007 editorial year, Jordan ceased contributing to The Observer. From August 2019 through November 2020, he resumed writing with his own column, “Simon Jordan’s Big Opinion,” which appeared in The Sun.
Television and Radio
Jordan’s first significant TV appearance, outside of football-related shows, occurred in the ITV series Fortune: Million Pound Giveaway in early 2007. He appeared alongside other millionaires like Ann Summers managing director Jacqueline Gold (daughter of West Ham chairman David Gold; entrepreneur Duncan Bannatyne; MOBO Awards founder Kanya King; and former Conservative Member of Parliament-turned-novelist Jeffrey Archer). Jordan made an appearance on BBC Question Time in May 2019.
After starting a partnership with the top sports broadcaster TalkSPORT, Simon Jordan began to appear on programs alongside Danny Kelly and was nominated for sports pundit of the year in 2019. He joined Jim White on one of Talk Sport’s premier programs in 2020 as a result of the success of his appearances. Jordan co-financed and executive produced the movie Sweeney Todd starring Ray Winstone and Tom Hardy in 2006.
Based on the stage production of Telstar, a movie about record producer Joe Meek was made by Jordan in 2008. The play with the same name that Jordan produced at London’s New Ambassadors Theatre served as the basis for the movie. The movie, which starred Kevin Spacey, James Corden, and JJ Feild, was entirely funded by Jordan. It opened in 45 theaters in the UK and sold releases in 32 nations, receiving a largely positive response from reviewers.
Be Careful What You Wish For, Jordan’s autobiography, was released in 2012. It is a life narrative. Although the book includes a description of his commercial success in the cell phone industry, its main focus is on his period as chairman of Crystal Palace Football Club, where he held the record for being the youngest owner of a professional football team.
It was published by Random House, won an award at the British Sports Books Awards, and made it to the finals of the William Hill Sports Awards. The book was a critical and financial success.
Simon Jordan was born in the English town of Thornton on September 24, 1967. He is now 53 years old. Peter Jordan is his father. Simon Jordan, a gifted young footballer, signed contracts with Chelsea and Crystal Palace while still in school. “I was good enough to be a pro,” he claimed of himself, “but I just wasn’t interested.”
There are many players with a lot of potential but not enough effort. I was one of them. All of this occurred while he was a student at Old Coulsdon’s Purley High School for Boys. His father, Peter Jordan, used to play for Crystal Palace F.C., but he never made the first squad.
The first child of journalist and entrepreneur Simon Jordan’s relationship, Michelle Dewberry, was born in July 2020. Jordan has lived in both Marbella and London.
Nevertheless, Meg Mathews, the ex-wife of Oasis singer Noel Gallagher, was offered a £100,000 Porsche and a custom license plate by Jordan in January 2006, according to a report on the Daily Mirror website. According to reports, the pair started dating in July 2005.
Jordan did explain the details of how this relationship ended in March 2006, even though he criticized the News of the World for reporting a week earlier that he had “ditched Mathews.” She admitted that Mathews was the one who ended the relationship.
“The post belittled someone who has been very significant to me over the prior nine months,” Jordan wrote in his Observer column.
After Tara Stout was adjudged to have harassed Jordan, a restraining order was placed against her in October 2006. Cameron, a daughter of Jordan and his ex-girlfriend Suzi Walker, was born in January 2008.
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