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Wednesday, January 14, 1998 Published at 18:58 GMT Sport From Corned Beef City to Champagne Charlie ![]() Happier days for Terry: signing up as coach for the Australian national team
Ballroom crooner, boardgame designer, raconteur and businessman, Terry Venables
has always seen himself as a versatile character.
The latest saga in his life, a 7-year legal ban on assuming company directorships, will come as no surprise to many pundits who have charted his adventures both on and off the football pitch.
Although applauded widely as a football visionary and a talented coach,
he has always sought to extend his activities into the world of business.
Those pursuits have sometimes led him far from the football field; he has been a restaurateur, a nightclub owner, even dipping his toe into the waters of boardgame design.
His most spectacular move came in 1991 when he joined computer tycoon Alan
Sugar to buy the London club Tottenham Hotspur.
Two years later, despite an FA Cup triumph, the Venables-Sugar partnership ended in bitter acrimony and
court battles.
The claims and counter claims are still being thrashed out.
Later, when Venables was being touted for another top job in football, Mr
Sugar was asked if his former partner was the right man for the job.
Tellingly, he replied: "Yes, if he sticks to the football," indicating perhaps that his coaching abilities were more finely honed than his business skills.
Spotlight on business dealings
Venables' business career had a relatively low profile until he was appointed
England coach in 1994.
His activities soon came under the media spotlight in particular two BBC1 Panorama
investigations into his business affairs. Legal actions followed, which have still not been concluded.
And at the Football Association there was unease about the increasing public
discussion of his complicated business affairs and the amount of
litigation in which he was involved.
When he asked for an extension to his contract of employment, a number of
influential members of the FA Council refused to back him. Venables responded by announcing he
would quit after the Euro 96 tournament.
England performed well as host nation of the competition, losing to Germany on penalties in the semi-finals.
His next appointment came with a move to Portsmouth, where he was seen as a saviour when he joined as Director of Football.
In November 1996 he took control of the club also replacing Scotsman Eddie
Thomson as coach of the Australian national side.
But Venables was rarely seen at Portsmouth games after the Antipodean
appointment.
Pompey sank to the bottom of the First Division and Iran strangled Australia's
World Cup dreams.
Now Venables has left Fratton Park, reportedly with a pay-off in the region of
£250,000 after paying himself a "one-off performance related bonus" last year
of £300,000.
Son of Fred
Venables, the "Son of Fred" to quote the title of his autobiography, grew up
on a housing estate he and his street-corner pals called Corned Beef City.
But he ended up in the caviar and champagne class.
As a manager he coaxed the London clubs QPR and Palace into forces to be reckoned with.
He also raised the stock of English coaching abroad to new levels by guiding
Barcelona to the Spanish League title in his first year at the club - and
getting a nickname that stuck, El Tel.
It is the story of Venables' life. He never quite achieved all that others expected of him in football and he has never achieved what he expected of himself in the boardroom .
The ban imposed by the High Court will mean he will have to wait at least seven years to realise those non-footballing dreams.
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