Sunday, May 27, 2007

Sir John Hall pockets £93million

Sir John Hall and his family have pocketed a staggering £93million from their 17-year involvement with Newcastle United.

The Halls walked away from the club on Wednesday with their cash bonanza that came from an initial investment of less than £10m.

Hall's £55,342,223 cash payment from Mike Ashley for his 41.6 per cent stake is just part of the vast fortune he, son Douglas and daughter Allison accrued from their time at St James' Park.

The Halls have taken another £20.35m from share sales, £13.7m from dividends and another £2.4m from salaries.


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