David Clowes Explained

David Clowes
Birth Date:April 1969
Birth Place:United Kingdom
Occupation:Construction, Development, Football Chairman

David Clowes is an English businessman who is known for being the current owner of the Championship football club Derby County, and Clowes Developments, a British Construction and real estate development company. Clowes is currently a director of 45 companies.[1]

According to the Sunday Times Rich List 2023, David Clowes and family rank 345th with a net worth of £350,000,000.[2]

Clowes trained as a pilot for British Midland International in 2000, and continued flying for British Midland until 2012.[3]

Derby County F.C.

On 26 June 2022, after Clowes had purchased Pride Park Stadium,[4] his bid to buy the club was accepted, and Quantuma granted Clowes preferred bidder status. The administrators said Clowes's offer complied with EFL insolvency policy, meaning Derby would avoid a further points deduction. The deal, and the club's exit from administration, was eventually confirmed on 1 July 2022,[5] though some constraints on transfers were agreed by the EFL and Derby's new owners. The club's transfer embargo was finally lifted in May 2023.[6]

In June 2023, Clowes said that had he not taken over the club, they might have entered liquidation a week later.[7]

According to 2023 published accounts by Clowes Developments, David Clowes purchased Derby County F.C. for £13.2m and also paid Mel Morris £1 for Pride Park.[8] Kieran Maguire, a football finance expert,[9] described David Clowes as a "Saint", following these accounts being published.[10]

Clowes has been quoted as claiming to be a lifelong Derby County F.C. fan.[11]

Clowes Developments

Clowes Developments are a nationwide real estate development company based in the UK. In 2022 they held over £300,000,000 of property assets.

David Clowes has been Director of Clowes Developments since 4 May 1991,[12] and took over as Group Chairman after his father, Charles W Clowes, died in 2015.[13] [14] David's brother Thomas Clowes has been managing director of Clowes Developments since August 2023.[15]

Notes and References

  1. Web site: David Charles CLOWES personal appointments - Find and update company information - GOV.UK . 2024-01-24 . find-and-update.company-information.service.gov.uk . en.
  2. Web site: 2024-01-24 . The Sunday Times Rich List 2023 . 2024-01-24 . www.thetimes.co.uk . en.
  3. Web site: Reid . Nick . 24 June 2022 . Who is David Clowes? Meet the Rams fan and former pilot behind the latest bid to buy Derby County . 24 January 2024.
  4. News: Clowes to make bid for Derby after buying stadium . 2024-01-24 . BBC Sport . en-GB.
  5. News: Fisher . Ben . 2022-07-01 . Derby out of administration as David Clowes seals ‘exciting’ takeover . 2024-01-24 . The Guardian . en-GB . 0261-3077.
  6. News: Derby takeover by Clowes completed . 2024-01-24 . BBC Sport . en-GB.
  7. News: 'A week later and Derby would have gone' . 2024-01-24 . BBC Sport . en-GB.
  8. Web site: CLOWES DEVELOPMENTS (UK) LIMITED filing history - Find and update company information - GOV.UK . 2024-01-26 . find-and-update.company-information.service.gov.uk . en.
  9. Web site: Kieran Maguire - Management School - University of Liverpool . 2024-01-26 . www.liverpool.ac.uk.
  10. News: 2024-01-20 . Finance expert delivers David Clowes verdict after major Derby update . 2024-01-26 . Derbyshire Live . en-GB . 0307-1235.
  11. Web site: Charlesworth . Ricky . 2022-07-01 . The lifelong Derby fan and pilot hoping to end years of turbulence at Pride Park . 2024-01-24 . The Mirror . en.
  12. Web site: CLOWES DEVELOPMENTS (UK) LIMITED people - Find and update company information - GOV.UK . 2024-01-24 . find-and-update.company-information.service.gov.uk . en.
  13. Web site: About Clowes & Our Story . 2024-01-24 . Clowes Developments . en-GB.
  14. Web site: Meet the Clowes Team . 2024-01-24 . Clowes Developments . en-GB.
  15. Web site: Clowes founder's son named MD . 2024-01-24 . www.theconstructionindex.co.uk . en.