Martin Broughton

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Broughton joined British American Tobacco in 1971, becoming finance director in 1988, group chief executive and deputy chairman in 1993 and, ultimately, chairman and chief executive in 1998. In 1999, he also became an independent director of the British Horseracing Board, eventually succeeding Peter Savill as chairman in July 2004, at which point he retired from his roles at BAT.

Other directorships which Broughton has held include Wiggins Teape Group 1989–90 (as chairman), Eagle Star 1992–93 (as chairman) and

Whitbread 1993–2000 (as non-executive director).{{cite web | url=http://www.britishhorseracing.com/resources/about/press/view.asp?item=001581 | title=Martin Broughton Elected as next Chairman of BHB | publisher=British Horseracing Board | date=24 March 2004 | access-date=15 October 2010 | archive-date=25 December 2010 | archive-url=https://web.archive.org/web/20101225075143/http://britishhorseracing.com/resources/about/press/view.asp?item=001581 | url-status=dead }}

Broughton was knighted in the 2011 New Year Honours for services to business.{{London Gazette |issue=59647 |date=31 December 2010 |page=1 |supp=y }}[https://www.bbc.co.uk/news/business-12093737 New Year Honours: Broughton and Carr business knights], bbc.co.uk. Accessed 29 January 2023.

Sir Martin joined the British Airways board as a non-executive director in May 2000 became the deputy chairman in November 2003,[http://www.thefastertrack.ba.com/issue-2/meet-the-director-sir-martin-broughton/ Profile] thefastertrack.ba.com. Accessed 29 January 2023. and became chairman in July 2004, serving until 2013.

On 16 April 2010, Liverpool F.C. appointed Martin Broughton to be their new chairman, despite the fact that he is a lifelong Chelsea supporter.{{cite news |url=https://www.telegraph.co.uk/finance/financetopics/profiles/8232137/Profile-Sir-Martin-Broughton.html |title=Profile: Sir Martin Broughton |work=The Daily Telegraph|location=London |date=31 December 2010 |access-date=5 September 2013}}{{cite news |url=http://www.liverpoolecho.co.uk/sport/football/football-news/martin-broughton-liverpool-fc-one-3391108 |title=Martin Broughton: Liverpool F.C. was "one of the most memorable experiences of my working life" |first=James |last=Pearce |work=Liverpool Echo |date=22 November 2010 |access-date=5 September 2013}} Broughton was tasked with expediting the sale of the club to new owners.{{cite web |url=http://news.bbc.co.uk/sport1/hi/football/teams/l/liverpool/8624597.stm |title=Liverpool put up for sale by American owners |publisher=BBC Sport |date=16 April 2010 |access-date=5 September 2013}}

On 6 October 2010, it was announced that Liverpool F.C. was to be sold to New England Sports Ventures (NESV) for £300 million; significantly lower than the amount being requested by the club's then owners, Tom Hicks and George Gillett. Broughton and the rest of the Liverpool F.C. board won the right to sell the club in a High Court case against Hicks and Gillett on 13 October 2010.{{cite news |url=https://www.independent.co.uk/news/people/profiles/martin-broughton-lastminute-winner-2108243.html |title=Martin Broughton: Last-minute winner |first=David |last=Prosser |work=The Independent |date=16 October 2010 |access-date=5 September 2013}} The ruling was described by the fans' group Kop Faithful as "It's like a huge cloud has been lifted off us.....Hicks and Gillett leave with no legacy, apart from one of chaos". Broughton was succeeded as Liverpool F.C. chairman by Tom Werner after the takeover was completed by NESV.

In 2009, he spearheaded a private equity bid to buy The Tote as part of the government's privatisation process. The bid was made through an investment vehicle called Sports Investment Partners, with which his son Michael is also involved. The bid was one of five that successfully passed the first round of the process in January 2011.{{Cite news | last = Scutts| first = Andrew| title = Reuben brothers confirmed as still in running for Tote| newspaper = Racing Post| location = London | page = 5| date = 2 February 2011}}

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In 2022, he, along with Lewis Hamilton and Serena Williams, was involved in a bid to purchase Chelsea F.C. with global investment firm Centricus.

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Category:1947 births

Category:Living people

Category:British airline chief executives

Category:British Airways people

Category:Businesspeople awarded knighthoods

Category:Businesspeople from London

Category:Knights Bachelor

Category:Liverpool F.C. chairmen and investors

Category:People educated at Westminster City School

Category:English football chairmen and investors