A millionaire and former owner of a £321 million football has revealed that he left school at the age of 16 to paint on the floor before setting up a dating site.
After his company King, the hit game Candy Crush, went public, Mel Morris has become one of the richest men in the United Kingdom.
The businessman pocketed a fortune of around £515 million, making him the richest man in the East Midlands.
The 58-year-old, born in Littleover, Derbyshire, had set up a parquet and real estate business in Spain after leaving at just 16 years old.
Morris also launched the dating site uDate in 1998, which sold for £100 million in 2003.
For the sale they gave him £20 million, which he then invested in King.
By the time he was in his 20s, Morris was already a control representative and was looking for an internet entrepreneur.
After the good fortune of his dating site, thanks to the use of cutting-edge technology with a giant clientele, the millionaire component of a consortium took over the county of Derby.
The wealthy Brit also raised a whopping £10 million after promoting his web security company to an American company.
The businessman entered the Sunday Times rich list thanks to his fortune between JK Rowling and businessman Peter Jones.
Unlike most of Morris’ business activities, his career as a football owner ended in disaster.
The former owner revealed he had spent more than £200million to take Derby into the Premier League, before putting them into administration.
The millionaire admitted his time was a “failure” in his own eyes, but also warned that football lacks people like him willing to pay “£3m checks every month”.
Morris spoke about his surprise decision to put Derby under control, saying: “This is something we take lightly.
“There is no long-term sustainable position without buying.
“I’m going to be left without money, without all my assets. You have to decide in a moment. And we have other people interested.
“I wanted to find a client for the club and so it continues. Over the weekend we received about 15 requests. As for the serious requests, there are two or three, based on reputation, which are very serious. “
Morris believes he got promotions on several occasions, a result that would have allowed him to sell profitably before the latest decline.
He said: “I would have tried and failed rather than not tried at all. But financially I regret it. I lost over £200m. “
“I won’t be doing any repossession of the stadium, I will be working with the directors to get the right client on board.
“I have invested a lot of money in the club and we have had very good moments. But in the end I failed. “
Morris claims to have reached a deal in January 2020 before the EFL questioned the sale of the stadium and revealed that others were looking to buy it but failed to generate the money.
He warned: “It was horrible. In the time of Covid, we are very unlikely to see the effect this has. Do I have a £30m income stream or a £10m?”
“My biggest mistake was to say that I would sell the club and that I would not seek to make a profit.
“This did not leave me room for negotiation. People would come in and wait in the hope that the value would change.
“We lack football club owners who write cheques for £1 million, £2 million or £3 million every month. “
Morris also criticized the EFL for treating Derby differently when it comes to conceivable penalty issues for non-payment to their players, and the dispute over their monetary fair play issues.
It comes after a boy who left at age 16 after hating elegance and failing exams revealed that he now runs a multimillion-dollar empire.
And a young entrepreneur whose business now has a turnover of £1. 5 million a year has told how she left after being torn apart by thugs.
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