One of life’s charmed entrepreneurs, Barry Hearn is the all-conquering Essex boy done good. Born in Dagenham and
educated at the Buckhurst Hill County High School, he qualified as a chartered accountant in 1974 and quickly put to
use a natural flair for taking risks and brokering deals, his first business interest in a chain of snooker halls timed to perfection
as the UK went snooker loopy in the late 1970s. Hearn's reputation was secured with the nurturing of Steve Davis
into a six-times major champion and the snooker world’s answer to the pioneering McCormack/Palmer model transformed
the fortunes of all involved in the game worldwide.
Recognising the audience potential for what he describes as
the ‘blue collar sports’, Hearn’s Matchroom Sport promotion and TV production company has capitalised spectacularly
on the arrival of pay TV and today he delivers over 2,000 hours of live action to Sky Sports.
With boxing one of his lifelong
passions, a move in that direction was inevitable, his first promotion being the Frank Bruno vs. Joe Bugner bout at
White Hart Lane in 1987. He has since promoted many of the leading British and Irish boxers, including Chris Eubank,
Nigel Benn and Lennox Lewis while the current Prizefighter series on Sky Sports provides the perfect example of
Hearn’s ability to deliver creative entertainment in a way that maximises TV interest.
Darts is another niche sport that has
been lifted beyond recognition in recent years, while other Matchroom interests include pool, tenpin bowling, fishing (Fish
O’Mania) and – latterly – golf.
In 2002, Hearn forged a partnership with the Professional Golfers Association to create the
PGA EuroPro Tour, with the aim to provide a circuit for up-and-coming stars of the game. This year's schedule will comprise
16 tournaments culminating in a Tour Championship in September. Graduates include Graeme Storm, Richard
Finch and Ross Fisher, while Loius Oosthuizen went on to claim the biggest prize in the sport with victory in last year's
Open at St Andrews.
But it is in his capacity as chairman of Leyton Orient Football Club that Hearn has recently been in
the headlines in the much-publicised legal saga with West Ham United over the decision to award his East London
neighbours tenancy of the £530 million Olympic Stadium after the 2012 Games.
Just a single tube stop from Leyton’s
Brisbane Road ground, such a move has the potential, argues Hearn, to threaten the very future of a club with a 135-
year history. It’s a case likely to run and run; Jonathan Tehoue’s 88th minute equaliser against Arsenal in the fifth round of
the FA Cup secured Leyton a £1 million replay at the Emirates – a windfall the chairman is more than willing to spend on
legal fees. Richard Simmons caught up with one of sport's most enigmatic characters.
Gi. How much do you owe Steve Davis and vice versa?.
BH: Well, I probably owe God more because as you get older, and
closer to Heaven, you become more of a fatalist, and you realise
things happen in life for a purpose. My life has been blessed with
some incredible pieces of luck – it’s better to be born lucky than
good-looking! And timing, as we all know, is everything in life. When
Steve Davis walked into that snooker hall in Romford in 1976, well, I
knew straight away he was something special. But you have to go
back a little before that to appreciate that, actually, I created that bit
of good luck with the acquisition of a chain of snooker halls.
Gi: The Lucania Temperance Billiard Halls London Ltd.
BH: Exactly. I was from a working-class background, had no money
at all. After training as a chartered accountant I did a stint with a
good firm but I always knew I wanted to work for myself. I had the
opportunity to take over this chain of snooker halls – no one else
could cope with the aggravation that you got with halls in those days
(when I was younger I could cope with aggravation; in fact, on a good day, I would rather have it than not!). Anyway, this kid comes in, long
ginger hair, arse hanging out the back of his trousers, holes in his
jumper. No personality at all and he was from Plumstead, which I
didn’t like – South London. I’m an East Londoner. Then I watched
him play and what I saw was someone on a different level. A young
kid totally dedicated to being the best he could be. I was always dedicated
to making money. So that was the start of a great partnership.
Gi. Did you always want to be rich?
BH. Oh yeah, I always wanted to be rich when I was poor, absolutely.
But when you are rich you don’t think of it like that. Now I want to
create the best events, get the best ratings and –most of all – have
the most fun. And if all of that can make you money as well then I
think you’ve cracked it. And over 35 years I think I’ve totally cracked
it because I’ve had an unbelievable life and made an unbelievable
amount of money. And I’ve reached the age now where I can sit here
and tell it the way it is. What was it someone said to me the other
day...oh yeah, Bernie Ecclestone. He said, ‘you acquire the ability to
tell the truth with age’. In other words, when you’re young and just
starting out you tend to say what you think you have to say; as you
get older you acquire integrity and principles you didn’t have before.
So, what do I owe Davis? I could make an argument to say nothing I
have achieved would have been possible without Steve. Without me I
still think he would have been the best snooker player in the world,
so I owe him more than he owes me. Would he have made as much
money and been as famous without me is questionable, in all honesty.
But he would still have been a huge success. The two of us have
been best friends for 35 years, so we must be doing something right.
Gi: Was Steve single-handedly responsible for the explosion in snooker
in the 1980s?
BH: No, not really. The snooker explosion was a result of the number
of characters out there playing the game. I bought the snooker halls
in 1974, and although Pot Black had been on the BBC from 1969 (in
black and white!), they didn’t start televising the World Snooker
Championships until 1976, by which time I owned the biggest chain
of snooker halls in the UK. Which I bought at a price which didn’t
justify that. Again, timing was everything. The BBC going crazy over
snooker, coupled with the number of characters out there who were
all different led to the explosion. Steve was part of the cast and developed
into the leading role but there were a lot of other players –
Alex Higgins, Denis Taylor, Terry Griffiths, Ray Reardon – who
brought into households a sort of soap opera of sports people.
Snooker is obviously a game that sits well on TV, it’s almost hypnotic,
difficult to turn over when there’s a good game going on.
Played by characters. It’s the reason why the darts has become such
huge business now. It’s not rocket science. These guys are entertainers.
They came from a background of playing working men’s clubs,
exhibitions, hitting trick shots and telling jokes – they could all play.
None of them missed, that goes with the turf, but they were more
than that. The new generation are just players.
Gi: You could easily draw the same parallels in golf.
BH: Yes, totally. In the old days you would walk around the course
with a Lee Trevino or a Seve Ballesteros and you knew you were in
for a day out. They had real depth of character and stories to tell
you. They had grafted their way to the top. I love the stories you hear
and read about these guys and others
of their generation. Today, as in so
many sports, the kids are cloned so
early they really don’t have that character
– the emphasis on winning and
being technically perfect creates robots.
Which is a minus.
Gi: How important is it in any sport to
have a stand-out player like a Steve
Davis or a Tiger Woods or a Phil ‘the
Power’ Taylor?
BH: I think it’s the best you can hope
for. With the knowledge that everyone’s
career comes to an end at some
stage, the demand by the public and
TV companies and sponsors to raise
the bar in terms of technical quality is
enormous. You constantly want to see
the best player being challenged. To
do that you need the flag-bearer. Tiger Woods was that player for
years and he still maintains that level of interest, albeit now more for
the fact that his life has become a bit of a soap opera. In terms of titles
and stats 15-time world champion Phil Taylor has a better
record than Tiger and Federer. Only last weekend he produced the
highest ever three-dart average in a televised tournament – 113.6.
That’s unreal. It’s yet another example of the way sport demands excellence.
As long as the rewards are there, the best players will push
the boundaries and standards across the board will continues to
rise. On the back of it everyone benefits. Tiger has inflated everyone’s
pay-cheque in golf, Phil has done the same thing in darts. Ten
years ago a decent darts pro would be happy with £100 for an
evening’s exhibition; today it’s £1,000.
Gi: What would you say has been your single
greatest sporting moment going back to that
golden era of the 1980s?
BH: Steve winning the world championships
in 1981. Bear in mind that up to that moment
our main bread and butter was driving up
and down motorways looking for challenge
matches. We had no money. I used to gamble,
Steve would play. I would stake the games. I
used to give him 25 quid to play and we
would go looking for the best players at halls
everywhere. And we used to clean up. I would
give him bonuses for winning. Some nights
we had seven or eight grand on a game. You
could buy a house for that in those days. I
think we set up around 33 of those matches
and he lost two. Although I’m 10 years older
than he is, we became as close as brothers.
For practice, Steve would give me a 70-point start and we would play
the best of 101 games. The loser had to wash the winner’s car. I
never beat him once. From the moment he turned pro in 1978 I told
everyone he was going to be the best in the world. People thought it
was just Barry shouting his mouth off. Well, the when it all came together
with Steve winning that final, it was just an unbelievable experience
for the two of us.
Gi: Was the snooker model one you then looked to replicated with the
other sports that caught your attention?
BH: There are a lot of influences that make up my perception of how
a sport should be represented. I don’t get involved in any sport unless
I like it. I’ve never played anything in my life up to a quality standard.
I’ve always been a gold medal for enthusiasm and bronze for
ability. So the first question is do I like it? Would I want to watch it?
Second, I look for the characters who play the sport and the standard
they play at. It’s important they play at the very highest level.
Then I put my TV hat on and ask myself ‘Is this going to get a rating?’.
Can I build this in such a way that it gets a TV rating that will
expand the game and bring in more money, because I’m only interested
in going forward. Most of the things I’ve touched have been
successful. Some have been spectacularly successful, and, please
God, will continue to be so.
Gi: When did you first get involved with the PGA EuroPro Tour?
BH: Back in early 2002 there were two developmental tours operating
[below the European Tour-backed Challenge Tour], the Mastercard
Tour and the EuroPro Tour. I like golf. I’m an 18-handicapper
who on a good day can play to 10 (on a bad day you’d think I’ve
never held a club in my life). I was invited to help with the EuroPro
Tour, and I thought why not? The tour was running but not making
any money. So I took it over and the first thing I did was bring
in television on all events. This was key. I have a great relationship
with Sky Sports – in fact Matchroom Sport provides Sky Sports
with 8% of its annual production. As you can imagine, putting the
EuroPro on TV created a few ripples within the PGA who were running
the Mastercard Tour. Players were asking why their rivals on
the EuroPro Tour were playing on better golf courses and enjoying
all this TV coverage. So I sat down with Sandy Jones, chief executive
of the PGA, who I’d rate as one of the nicest and most honourable
people I have met in sport, not just golf. He recognised
that the EuroPro Tour had the potential to put the Mastercard
Tour out of business, so we agreed to merge the two and leverage
our respective strengths. As a result we have the significant credibility
of the PGA on one side while we take care of staging and all
the commercial deals on the other. I retain 100% of the action and
pay the PGA a sanction fee. We struck a great deal, basically. My involvement
in golf is the smallest division in Matchroom Sport but
a huge source of enjoyment and my relationship with the PGA has
never been anything but exemplary. As opposed to the European
Tour, which has given us no help whatsoever.
Gi: If you were given the choice to run either the European Tour or
the PGA Tour in America which would you choose?
BH: I don’t think I’m really qualified – and I wouldn’t actually want –
to run either. But if I had to pick one it would be the PGA Tour in
America. It’s a much better business model in my eyes. The European
Tour has a great brand, though the name, of course, is a total
misnomer. I think they do a lot of things very well, but you only have
to look at the prize funds and the TV audiences, with the odd exceptions,
to see they are a long way apart.
Gi: A number of stars have graduated from the PGA EuroPro Tour to
become winners on the main tour – has that helped you in negotiations
to get more recognition for the PGA EuroPro Tour?
BH: In a word, no. My big grouse with the European Tour – and they
won’t agree with this at all but I don’t care – is their scant regard for
what the PGA EuroPro Tour has achieved in its 10-year history, i.e.
provided a professionally run developmental circuit for up and coming
young professionals. Perhaps the fact it’s not under their control
is the problem. Our leading five players on the Order of Merit get
dispensation to Stage 2 of Q School and they also get a decent category
on the Challenge Tour. Big deal. The way things are going most
of our events are as big as Challenge Tour events. And just look at
the list of players to have come through recently – Graeme Storm,
Richard Finch, Ross Fisher. Louis Oosthuizen played on our tour for
two years and never did better than fifth. Now I tell all of the young
kids who come through that if they can finish better than fifth on
the PGA EuroPro Tour they could win the Open!
Gi: What would you like the European Tour to offer you?
BH: I just wish they [the European Tour] would embrace it a little
more. They need to get off their high horse and actually reward us
with dispensation to the final stages of Q School, and maybe even
look at rewarding the winner of our Order of Merit with the occasional
invite to a full European Tour event. Well, trying to talk to them... I would have a better conversation talking to that brick wall.
George O’Grady? What a waste of time talking to him. Quote me.
Where’s his vision? And he’s supposed to be in charge.
Gi: Does the Barry Hearn mindset make you determined to make the
PGA EuroPro Tour bigger than the Challenge Tour?
BH: No, no. I could make the PGA EuroPro Tour bigger than the Challenge
Tour in a heartbeat if I wanted to. But I’m 63. I’ve had a lifetime
of wars with various organisations and sporting bodies. Most of
which I’ve won. Not all. But there comes a time when you sit back
and ask yourself do I really need that aggravation? Right now I’m
very happy with the progression of the PGA EuroPro Tour and on a
personal level I’m enjoying the development of darts into a global
sport. We’ve taken the prize money from half a million to six million
pounds. The players love it. It’s such a pleasure to work with them. It
will change over time, of course it will. The players will all get their
managers and agents and all sorts of demands will come along –
that’s the nature of the beast. As Micky Duff once said to me, ‘If you
want loyalty, buy a dog’.
Gi: In terms of events how does the PGA EuroPro Tour shape us this
year and what are your ambitions going forward?
BH: The tour shapes up really well this year with some great venues
such as Fota Island, Galgorm Castle and Burhill. We are just about to
sign a contract for the Tour Championship which will be staged at
the end of September and once that is done we are set for what
should be another extremely successful year. The way the tour is set
up it costs each player £275 to enter an event and the prize fund is
£40,000 with £10,000 of this going to the winner. So there are significant
rewards on offer. Going forward the important thing is that we
continue to find the best possible courses to play on and continue to
improve the TV production so that the viewing figures continue to
rise. And if we do that I think we will continues to see great young
talent emerge following the likes of Ross Fisher, Richard Finch,
Graeme Storm and Gary Wolstenholme, who prepared for the European
Senior Tour with a number of outings at our events last year.
Gi: How tough is it raising investment in the current climate?
BH: It is tough out there but we believe in the tour as a product and
once we have a sponsor on board they realise what a great marketing
and hospitality tool it is, not just using the exposure their company
receives but by utilising the Pro-Ams for their clients to play in.
Danny Nickless does a great job for the tour in helping sponsors to
maximise the opportunity, and it really is a great way for any company
to entertain and in which sport do you actually get to play with
the participating professionals the day before they compete?
Gi: The schedule seems quite concentrated in the UK – any plans to expand
more into Europe?
BH: The majority of events are actually in England, although we are
fortunate to be travelling to two great venues in Galgorm Castle and
Fota Island this year in Northern and Southern Ireland. It is frustrating
that the Welsh and Scottish Golf organisations don’t seem to
want to support the Tour where the majority of their countrymen
ply their trade. Things seem to be very different in Ireland and
Northern Ireland where we have been welcomed with open arms.
Perhaps this attitude explains why those countries have been so
successful in churning out world-class golfers in recent years. They
support golf at every level. The one PGA EuroPro event that is always
staged abroad is the season-ending finale, the Tour Championship,
the contract for this year's event we are just about to sign. In recent
years this has been staged at
Vilamoura Victoria, The
Azores, Aphrodite Hills and
Les Bordes, which for me is
easily the best course in Europe.
Last year Aphrodite
Hills were fantastic – what a
world-class venue that is.
Gi: I read in the Guardian a
piece in which you said you
are always looking for new
formats in snooker. Does golf
need to do likewise, in your
opinion?
BH: I’ve talked about this with
Chubby [Chandler]. There are
loads of different ways in
which you could spice things
up. Your readers could probably
suggest a few ideas that
would work. For a start, why
does tournament golf have to
be over four rounds? Why
can’t they be 18 or 26 holes?
Imagine a big money 18-hole
sprint where you get only one
round to shoot the low number.
Now we’re talking entertainment.
Attention spans are
shorter. We all know that. The viewing public want to be entertained
and you have to ask if that is happening at the moment. I was watching
golf on Sky Sports just last week, the Sicilian Open. There were
no spectators on the course. Well my question is this: it’s great to put
on these events and keep the players busy out there playing golf, but
what good is it doing the game and where does it leave you when the
next round of TV negotiations is due? I think where the PGA Tour
has been very clever is in the FedEx series, because they talk about it
all year. They talk about it on air during someone else’s event. Brilliant
commercial idea and it holds interest.
Gi: The multi-faceted platforms that are available these days will
surely feature in the future success of all sports?
BH: Without a doubt. These days we are living in a different audience
and the levels of technology and innovation we are seeing will impact
hugely on sports. The basic golf model is a great model and I’ve
copied it religiously in almost all of my own events – darts and
snooker – from the Q School element to first-round losers getting
nothing because they haven’t made ‘the cut’. But there is a much bigger
article here, one that we should perhaps explore at a later date,
as it gets technical with all the new platforms and the social networking
opportunities etc., a brave new world of integrated formats
and different broadcasting deals.
Gi: Former European Tour boss Ken Schofield has just been announced
as the chairman of PowerPlay Golf, an interesting 9-hole 2-
flag format basically aimed at injecting excitement the same way
20 Twenty format has in cricket. What do you think of that initiative?
BH: See, the difference with Ken Schofield is he’s straight. You know
exactly where he’s coming from. He’s in your face at a meeting over
a glass of red wine and you leave knowing exactly where you stand. No bullshit. He doesn’t fob you off, or not answer letters for three
months, or ignore phone calls. I know exactly where I stand.
Schofield would have a row with you. I love people like that. I don’t
mind being straightened out and Schofield was brilliant at it. So I
would expect Ken to do well with PowerPlay Golf. It sounds like a
good idea. It’s innovative. We have looked at a lot of new formats –
Power Snooker, 6-Red Snooker, 10 minute shoot-outs... most won’t
work. But the day you stop looking is the day you may as well give
up looking for the next one that does.
Gi: Here's a question for you: what would happen if a snooker player
spat on the table after missing a pot?
BH: He’s straight in front of the disciplinary board and hit with a
huge fine.
Gi: That was a facetious question, but as much a golfer as a sports
promoter, what do you make of Tiger Woods’ behaviour lately?
BH: He has always been like it – we’ve just ignored his behaviour because
he was always winning. Like all geniuses, Tiger is flawed and
now he’s losing it seems to me everyone’s taking the moral high
ground. If anything I feel sympathy for Tiger because it should have
been clamped down on 10 years ago. I’m not excusing his conduct,
because at times it’s disgraceful. But you have to put it into perspective.
He talks a good game with this line on how he’s changing, but
he hasn’t. What did Tiger get fined for that incident in Dubai? Two
grand. Why not fine him £100,000? The thing I believe is that you educate
the players, you make them aware of the rules, and then you
punish them. So, let’s say it’s £2,000 for the first offence. Next time
it’s £20,000, and then £100,000. I think you’d then see a response.
Gi: Out of all the snooker players, who is the best golfer?
BH: Stephen Hendry, I’d say. And Stuart Bingham is close to scratch.
There are quite a few good golfers among the snooker boys. But
then, they used to get a lot of time off. They don’t anymore.
Gi: What’s your favourite golf course?
BH: Shadow Creek in Las Vegas. Without a doubt. I play it five or six
times a year, so you could say it’s my home course. It’s not difficult
for a good player, but it is truly spectacular, a Tom Fazio design
carved out of the Nevada Desert. It was built by the casino boss Steve
Wynn who built Shadow Creek when he built the Bellagio. It’s a living
example of what silly money can buy. There are over 200 species of
trees on the property and every creek, lake and waterfall was created
by man. There is extraordinary wildlife running round the place. As
they say in the literature, if you have one round of golf left in your
bag make it Shadow Creek [although to do so you will need to be a
high-rolling guest at the MGM Grand to be eligible to play]. Tiger set
a new course record there a couple of years ago – a 61 with a double bogey
at the 2nd. His card is in the clubhouse along with a full description
of the clubs he hit. I remember one day hitting my best ever
drive at a par-five, I had 246 yards left. Tiger hit it with a 7-iron.
It’s humbling.
Gi: Who do you most admire in your field?
BH: I came from the Mark McCormack mould I suppose. In the early
days. I knew him well enough. A smart bloke in some ways, not so
nice in others. The same could be said of me I suppose. But a good
pro. There are one or two people I look at in administration. Few people
in the smaller sports have the intelligence or the commercial ability
to do their job properly but they have a lot of passion. The smart
people are those who recognise when they need help and don’t let
their ego stand in their way of asking. You know when you play golf
with someone who is a far better player than you – and the same is
true in business. You have to be big enough to recognise that there
are people out there better placed to make what you have a success.
If I had to nominate an individual I admire it would be Richard Scudamore,
chief executive of the FA Premier League. He’s done a fantastic
job – although I’m suing them for millions at the moment. Obviously
my friend at the European Tour is not on that list.
Gi: Who do you most admire in sport generally?
BH:
I’m in awe of any sports person with a special ability. And that special
ability extends to what a great fisherman can do – I love to fish
but I will stand next to a top angler and think ‘this is just another
world’. It’s like golf. I hit my best drive and a pro stands up there and
tanks it 80 yards by me. I’m in awe of that. I used to fight a bit as a
kid and I wasn’t really any good. But I love to sit ringside and watch
the top boys and I’m in awe of them. I’m very competitive. I used to
run marathons all over the world. I’m a good plodder.
Gi: Have you ever seen Ian Woosnam or Sam Torrance play snooker?
BH: I have spent a bit of time with Sam, and he’s very good. Really
likes his poker, too. I play poker with Sam. He is one of my favourite
lifestyle people. I can’t ever remember having anything but a great
laugh with him. Woosie I don’t know so much but I’m aware he’s a
useful snooker player.
Gi: Have you seen much sports coverage in 3D
BH: I don’t have 3D at home, but I have seen some sports in 3D and
quite like it. For darts it’s phenomenal. The darts look like they are
coming straight at you. The thing I love about Sky Sports is that they
are prepared to invest in technical innovation. I’m biased. I owe Rupert
Murdoch and Sky a huge thank you for supporting me. There’s
no question that when it comes to innovation they lead the way. I
think at the moment they have 50,000 3D customers out of a base of
10 million, and so to make that type of investment takes balls. But
Murdoch’s always had balls. Sky Sports has been great for so many
niche sports and it’s been great for golf. All of the events on the PGA
EuroPro circuit this season will be screened.
Gi: What for you is the greatest sporting event to be at?
BH: That’s such a tough call. Augusta would be up there, and the Grand
National, too. They are all different. People often ask me what are my
favourite sporting moments and right now I could give you five: Steve
Davis winning the World Championship in 1981, Chris Eubank beating
Nigel Benn in 1990, Leyton Orient scoring 20 seconds from the end of
the season to get a promotion, Jonathan Tehoue’s goal the other night
against Arsenal (I still see the ball going into the net when I shut my
eyes at night), the London marathon, first marlin I ever caught. Internationally,
I would put the Open up there with Augusta, the FA Cup final
alongside the World Cup and then the Olympics.
Gi: Are you pleased golf is in the Olympics?
BH: I’m ambivalent to it, to tell you the truth. Because I live in a world
where I’m surrounded by sports snobbery. People tell me darts is
not a sport but a fat guy laying on the floor shooting at a target is a
sport. And synchronised swimming is a sport. But a guy who spends
365 days a year perfecting his arrows, that’s not a sport?
Gi: Finally, given the on-going headlines it's tough to avoid the football.
For anyone who hasn't followed the saga, briefly explain the situation
that exists re West Ham and the Olympic Stadium.
BH: Unfortunately for everybody, the Olympic Stadium is fundamentally
flawed in its design and is not capable of hosting anything. The
people who have been involved and made the decisions have wasted
£600 million of taxpayer’s money, mainly down to the previous government
but condoned by the existing one. No one has been held accountable
and they are all now running around looking for
face-saving measures that will give the stadium some sort of legacy.
Along come West Ham, who are clearly desperate and prepared to
play in an open field – which is effectively what the pitch is with the
track around it. They have been welcomed by the government as the
end of the problem but really it’s only the start of the solution. The
whole process is flawed under European law, under the Competition
Laws and Premier League rules. The worst thing that could happen
for these people, their worst nightmare, was Jonathan Tehoue scoring
that 88th minute equaliser against Arsenal the other night because
God decided that the little man must have his day. And he
decided to give me a £1 million for the replay and his instructions
were quite clear: spend it on legal fees! So we are going to have a lot
of fun. All of those involved hope we will go away. And it won’t. We
go to judicial review in a few weeks and it could all go on for years.
Gi: Leyton Orient – explain
the passion. Or is it strictly
business?
BH: My passion has always
been a business interest, but
I’m afraid football has defeated
even me. I’ve had it 16
years, I paid say £2.40 for it,
plus a couple of million quid
they owed. I’ve lived it now
for 16 years and there are
times when I’ve thought this
is the worst thing I’ve ever
done in my life, and then I get
those moments when I’m just
so happy I bought the club.
My wife reads in the papers
how much money we have
spent on the club – but she
forgets what we have made in property. For the last playoff final
against Scunthorpe, I had my whole family in the Royal Box, my
team walks out at Wembley and we had sold 27,000 tickets. I said to
my wife, you know, ‘where we have come from, don’t you think we
have had all our money back in one day?’ When you are lying there
about to pass into another world, you need a few memories. And
that is one I’ll take with me. I still try and run the club like a proper
business, still try and limit the losses, but football is a flawed industry.
Gi: As in golf, are the margins between a League 1 side and the top of
the Premiership measured in the the tiniest of margins?
BH: Watching that Arsenal game the other night I’m thinking our wage
bill is £1.7 million a year and we have a 25-man squad. There wasn’t
an Arsenal player on the pitch who wasn’t earning more than £35,000
a week. We drew that game on merit. When you watch a golfer shoot
62 on any circuit, any tour, you know that if he can do that on the big
stage he can win. And they can all do it. They are all capable. The consistency
is the factor. That extra bit of magic is a factor. They all have
their moments.
Gi: What next for Barry Hearn?
BH: I’m just enjoying it all. I’m working harder than I’ve ever worked.
The one favour successive governments have done to me is that
shares in private companies are not subject to inheritance tax. It’s a
legacy. Matchroom Sport is not for sale at any price. I’m pleased my
kids are in the business – Katie runs the programming after six
years at Sky Sports, Eddie is doing the boxing. I am much more involved
in the planning and creative side of events, always looking
forward. In fact I’ve just come back from a trip to Thailand where I
met with the prime minister to discuss taking the World Cup of
Snooker there. I can open the doors. Over the next few years I’ll gradually
hand over control and take more of a presidential role. But I
still love it. And I’ll tell you something. I have a heart monitor and I
take my heart rate as soon as I arrive at work. It goes up eight beats a
minute as soon as I reach the office. I love it so much. If the beat
goes down, I’m dead.
Reproduced with kind permission of Golf International Magazine
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