NationMaster - Encyclopedia: Randy Lerner

Randolph D. Lerner (born 1962) is an American entrepreneur and sports team owner. Year 1962 (MCMLXII) was a common year starting on Monday (the link is to a full 1962 calendar) of the Gregorian calendar. ... Image File history File links This is a lossless scalable vector image. ... This article is about the borough of New York City. ... â€œNYâ€ redirects here. ... â€œBrownsâ€ redirects here. ... A chairperson is the political correct term for the presiding officer of a meeting, organization, committee, or other deliberative body. ... Aston Villa Football Club (also known as The Villa and The Villans)[3] is an English professional football club based in Aston, Birmingham, who currently play in the Premier League. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Caicos Islands, and the insular areas of the United States Inflation 2. ... Year 1962 (MCMLXII) was a common year starting on Monday (the link is to a full 1962 calendar) of the Gregorian calendar. ... For the sequel to the computer game Entrepreneur, which has no article of its own, see The Corporate Machine. ...

Lerner has been the owner of the American football team, the Cleveland Browns, of the National Football League (NFL) since October 2002, and the Chairman of Aston Villa Football Club since 2006. His personal fortune is estimated at USD 1.6 billion. United States simply as football, is a competitive team sport that is both fast-paced and strategic. ... â€œBrownsâ€ redirects here. ... The National Football League (NFL) is the largest and most prestigious professional American football league, consisting of thirty-two teams from American cities and regions. ... Aston Villa Football Club (also known as The Villa and The Villans)[3] is an English professional football club based in Aston, Birmingham, who currently play in the Premier League. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Caicos Islands, and the insular areas of the United States Inflation 2. ...

Lerner graduated from Columbia University in 1984, spending 1983 at Clare College in Cambridge, England. During his time at Cambridge Lerner followed English football (soccer), taking an interest in three teams: Arsenal, Fulham and Aston Villa. He graduated from Columbia Law School and is a member of the New York and District of Columbia Bar Associations. Prior to entering the business world, he worked as a lawyer in New York City. Columbia University is a private research university in the United States and a member of the prestigious Ivy League. ... Year 1984 (MCMLXXXIV) was a leap year starting on Sunday (link displays the 1984 Gregorian calendar). ... Year 1983 (MCMLXXXIII) was a common year starting on Saturday (link displays the 1983 Gregorian calendar). ... Full name Clare College Motto _ Named after Elizabeth de Clare Previous names University Hall (1326), Clare Hall (1338), Clare College (1856) Established 1326 Sister College Oriel College St Hughs College Master Prof. ... This article is about Cambridge, England; see also other places called Cambridge. ... A player (wearing the red kit) has penetrated the defence (in the white kit) and is taking a shot at goal. ... Arsenal Football Club (also known as Arsenal, The Arsenal or The Gunners) are an English professional football club based in Holloway, north London. ... Fulham Football Club are an English football team based in Fulham, in the London Borough of Hammersmith and Fulham. ... Aston Villa Football Club (also known as The Villa and The Villans)[3] is an English professional football club based in Aston, Birmingham, who currently play in the Premier League. ... Columbia Law School, located in the New York City borough of Manhattan, is one of the professional schools of Columbia University, a member of the Ivy League, and one of the leading law schools in the United States. ... â€œNYâ€ redirects here. ... ... This article does not cite any references or sources. ...

Although he had grown up in the United States, with a father who had been involved with the original Cleveland Browns franchise under Art Modell, Lerner's interest in England's top flight endured long after he had returned to the States. He eventually added Aston Villa to his list of investments, becoming the second American owner of a Premiership club in 2006 - the first being Malcolm Glazer, who purchased the majority share of Manchester United in 2005. Since then Liverpool FC has also had American investment in the shape of George Gillett and Tom Hicks. Arthur B. Modell (born June 23, 1925, Brooklyn, New York) was a National Football League team owner with the Cleveland Browns from 1961-1995 and the Baltimore Ravens from 1996-2004. ... Aston Villa Football Club play at Villa Park in Birmingham, England. ... For the Scottish equivalent see Scottish Premier League The FA Premier League (often referred to as the Barclays Premiership in England and the Barclays English Premier League or just simply The EPL internationally) is a league competition for football clubs located at the top of the English football league system... Year 2006 (MMVI) was a common year starting on Sunday (link displays full 2006 calendar) of the Gregorian calendar. ... Image:Malcom Glazer. ... Manchester Uniteds emblem Manchester United F.C. (often abbreviated to Man United or just Man U, pronounced man-yoo) is an English football club based at Old Trafford in Greater Manchester. ... {{Football club infobox | clubname = Liverpool FC | image = fullname = Liverpool FC | nickname = The Reds | founded = 1892 | ground = Anfield | capacity = 45,000 | chairman = D.R.Moores | Chief Executive Officer = R.N.Parry | manager = Rafael Benitez | league = FA Premiership | season = 2005-06 | position = FA premiership, 5th | pattern_la1=|pattern_b1=|pattern_ra1=| leftarm1=FFFFFF|body1=FF0000... George N. Gillett Jr. ... Thomas O. Hicks (born 1946), nicknamed Cheddar Tom, is a Dallas businessman. ...

Business history

Lerner's business career began at the Progressive Corporation as an investment analyst. In 1991, he started an independent investment firm with Progressive capital called Securities Advisors, Inc. (SAI), which he owned and managed until 2001. SAI initially specialized in arbitrage before shifting its focus to equity investing. The Progressive Corporation (PGR), Progressive Casualty Insurance Company, through its subsidiaries, provides personal automobile insurance, and other specialty property-casualty insurance and related services in the United States. ... Year 1991 (MCMXCI) was a common year starting on Tuesday (link will display the 1991 Gregorian calendar). ... Year 2001 (MMI) was a common year starting on Monday (link displays the 2001 Gregorian calendar). ...

In 1993, Lerner became a director at MBNA, a company in which his father had been a powerful figure. Upon his father's death, he became company chairman. Year 1993 (MCMXCIII) was a common year starting on Friday (link will display full 1993 Gregorian calendar). ... MBNA logo, 2004-2006 MBNA Corporation was a bank holding company headquartered in Wilmington, Delaware, prior to being acquired by Bank of America in 2005. ...

Sports team ownership

Cleveland Browns

Control of the Browns was given to Lerner, when his father, Al Lerner died in October 2002 - four years to the day after he was awarded the new Browns franchise. He also serves as a member of the National Football League's Business Ventures Committee. Lerner has generally been a low key owner since assuming control of the franchise. Alfred Al Lerner (May 8, 1933â€”October 23, 2002) was an American billionaire. ... This article does not cite any references or sources. ... Also see: 2002 (number). ... The National Football League (NFL) is the largest and most prestigious professional American football league, consisting of thirty-two teams from American cities and regions. ...

Aston Villa

On 24 July 2006 it was reported that Randy Lerner intended to purchase English Premiership association football club Aston Villa F.C. following a statement from Cleveland Browns management indicating Lerner was pursuing business interests in the United Kingdom. Lerner pulled out of the bid to buy Aston Villa two days later after talks with the club chairman Doug Ellis broke down but the following day reports emerged that Lerner might still make a formal £64 million bid for the club. // The slow decline continued throughout the 1960s due to a deep seated malaise; the club had failed to adapt to the new football reality, they had a non-existent scouting network, coaching was conducted in the same way as it had been 40 years earlier and the 5 man board... is the 205th day of the year (206th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday (link displays full 2006 calendar) of the Gregorian calendar. ... The FA Premier League (often referred to as the Barclays English Premier League for sponsorship reasons) comprises the top 20 football clubs in the league system of English football. ... â€œSoccerâ€ redirects here. ... Aston Villa Football Club (also known as The Villa and The Villans)[3] is an English professional football club based in Aston, Birmingham, who currently play in the Premier League. ... Herbert Douglas Ellis, OBE (born January 3, 1924 in Chester, Cheshire) is an entrepreneur, best known as the former chairman of Aston Villa Football Club. ...

On 14 August 2006 it was confirmed that Lerner had reached an agreement of £62.6 million with Aston Villa for a takeover of the club. The statement to the London Stock Exchange confirmed that 60% of the clubs shares, including the 39% stake of Doug Ellis had been sold to Lerner, beating competition from consortia led by Michael Neville, Nicholas Padfield QC, and Athole Still. At this stage, the sale still awaited the approval of the shareholders of Aston Villa, although it was expected to be approved without a hitch. is the 226th day of the year (227th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday (link displays full 2006 calendar) of the Gregorian calendar. ... The Source by Greyworld, in the new LSE building Paternoster Square. ... Herbert Douglas Ellis, OBE (born January 3, 1924 in Chester, Cheshire) is an entrepreneur, best known as the former chairman of Aston Villa Football Club. ... Nicholas Padfield is a British lawyer, QC, and is currently deputy High Court judge. ...

On 25 August, the LSE announced that Lerner had secured 59.69% of Villa shares, making him the majority shareholder. He also appointed himself Chairman of the club. is the 237th day of the year (238th in leap years) in the Gregorian calendar. ... The Source by Greyworld, in the new LSE building Paternoster Square. ...

The BBC reported on 5 September 2006 that Lerner had now moved closer to taking full control of the club, after increasing his share to 85.5%.^[2] The British Broadcasting Corporation, which is usually known as the BBC, is the largest broadcasting corporation in the world in terms of audience numbers, employing 26,000 staff in the United Kingdom alone and with a budget of more than GBÂ£4 billion. ... is the 248th day of the year (249th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday (link displays full 2006 calendar) of the Gregorian calendar. ...

However on 5 September 2006 the Aston Villa F.C. official website announced the following: is the 248th day of the year (249th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday (link displays full 2006 calendar) of the Gregorian calendar. ... Aston Villa Football Club (also known as The Villa and The Villans)[3] is an English professional football club based in Aston, Birmingham, who currently play in the Premier League. ...

By the time that the September 18th 1pm deadline had been reached RAL had acceptance of 89.69% of the share. Due to the acceptance only being 0.31% below the conditional limit, RAL accepted it and made the bid Unconditional. On September 19th 2006 Aston Villa PLC executive Chairman Doug Ellis and his board Resigned, to be replaced by Randy Lerner as Chairman and General Charles C.Krulak, Bob Kain and Michael Martin as non-executive directors. The takeover was met with delight by Villa fans, who had grown tired and fed up of the previous chairman, who seemed to only want to keep Aston Villa financially safe, rather than spending money on players capable of bringing success to the club. The Villa fans are noted to chant "U.S.A!" during matches as well as "There's Only One Randy Lerner!" Lerner thus far has spent over twenty million pounds since his takeover on transfers. is the 261st day of the year (262nd in leap years) in the Gregorian calendar. ... is the 262nd day of the year (263rd in leap years) in the Gregorian calendar. ... Herbert Douglas Ellis, OBE (born January 3, 1924 in Chester, Cheshire) is an entrepreneur, best known as the former chairman of Aston Villa Football Club. ... General Charles Chandler Krulak (born March 4, 1942) served as the 31st Commandant of the Marine Corps from July 1, 1995 to June 30, 1999. ... Bob Kain is CEO of IMG, which is known the worlds premier sports and lifestyle management and marketing firm. ... Michael Martin can refer to: Michael Martin (Agent), owner and chief agent of the MM Agency - MTV Real World booking agency Michael Martin (politician), the Speaker of the House of Commons in the United Kingdom Michael Martin (philosopher), professor emeritus of philosophy at Boston University Michael Martin (musician), American musician...

References

is the 248th day of the year (249th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday (link displays full 2006 calendar) of the Gregorian calendar. ...

External links

Categories: 1962 births | American Jews | Living people | American bankers | American investors | Aston Villa F.C. | Cleveland Browns | Columbia Law School alumni | English football chairmen and investors | American businesspeople | National Football League owners | People from Brooklyn | People from Cleveland | Jewish businesspeople Wikipedia does not have an article with this exact name. ... Image File history File links Wikibooks-logo. ... Image File history File links Wikiquote-logo. ... Image File history File links Wikisource-logo. ... Image File history File links Commons-logo. ... Image File history File links WikiNews-Logo. ... Image File history File links Wikiversity-logo-Snorky. ...

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