Search

Homebase, Chelsea and Brandon Country Park – what can you buy for a pound?

PUBLISHED: 10:48 25 May 2018 | UPDATED: 10:48 25 May 2018

Homebase has been bought for £1 by a turnaround specialist Picture: DENISE BRADLEY

Homebase has been bought for £1 by a turnaround specialist Picture: DENISE BRADLEY

Archant

The Australian owner of Homebase has sold the retailer for £1 to restructuring specialists Hilco.

BHS was bought for £1 a year before it entered administration Picture: Archant.BHS was bought for £1 a year before it entered administration Picture: Archant.

But what else could you buy for a quid?

BHS British Home Stores was sold by Sir Philip Green’s Arcadia Group to a consortium led by Dominic Chappel for £1 in 2015. A year later it entered administration and was eventually liquidated.

A football club Several high profile football clubs have been bought for a quid over the years including Chelsea in 1982, Portsmouth in 1997 and Swansea City in 2001.

Brandon Country Park Brandon Country Park was bought for £1 by Forest Heath District Council from Suffolk County Council in a bid to secure the popular spot’s future.

Chelsea was bought for £1 by Ken Bates in the 1980s before being sold to Roman Abramovich in 2003 for £140m Picture: Paul Chesterton/Focus ImagesChelsea was bought for £1 by Ken Bates in the 1980s before being sold to Roman Abramovich in 2003 for £140m Picture: Paul Chesterton/Focus Images

Two newspapers The Independent and Independent on Sunday newspapers were bought by Russian billionaire Alexander Lebedev for £1 in 2010.

Become a supporter

This newspaper has been a central part of community life for many years, through good times and bad. Coronavirus is one of the greatest challenges our community has ever faced, but if we all play our part we will defeat it. We're here to serve as your advocate and trusted source of local information.

In these testing times, your support is more important than ever. Thank you.

Most Read

Digital Edition

cover

Enjoy the Evening News
digital edition

Subscribe

Most Read

Latest from the Norwich Evening News