Latest news with #luxuryflat
The Sun
2 days ago
- Entertainment
- The Sun
Bumper sum Man Utd great Sir Alex Ferguson paid for plush Glasgow pad months after selling £3.25m mansion revealed
SIR ALEX FERGUSON paid £500,000 for his luxury flat in home city Glasgow, records show. The football great, 83, snapped up the apartment in leafy Hyndland months after selling his mansion down south. 4 4 4 4 The ex-Rangers player was spotted at the Ibrox club's training ground earlier this month and has been snapped at a plush restaurant in the city. And we can reveal he appears to have made moves to spend even more time in the home of his birth. Property records show he bought a flat in the city's leafy Hyndland area last September. The purchase came five months after he sold the luxury £3.25million home in Cheshire he shared with late wife Lady Cathy, who died aged 84 in October 2023. A source said: "It's good to see him back in a city he calls home. 'People in Glasgow have loved seeing him.' Earlier this week the footie icon paid a visit to Rangers' Auchenhowie training centre and caught up with some of the club's current staff and players. Rangers Women captain Nicola Docherty shared a picture of herself alongside the managerial great in the training centre as she beamed on social media: 'Met a legend today, Sir Alex!' Ferguson has also been spotted in Glasgow's West End as he headed to popular restaurant Ox and Finch in Sauchiehall Street. A description of the property hails its balcony and "wonderful, peaceful position" Eric Black on the Gothenburg Greats, Sir Alex Ferguson & remembering Neale Cooper Sir Alex was born in Govan and his father worked in the shipbuilding industry. He began his football career as an amateur with Queen's Park aged 16. He played for Rangers for two seasons from 1967 to 1969 and won the European Cup Winners Cup with Aberdeen as a manager in 1983. New Ibrox boss Russell Martin has said the support from the legend has been 'incredible'. Martin played under Sir Alex's son Darren Ferguson at Peterborough United. And the Rangers manager said Darren put him in touch with his dad. After the great's recent visit, Martin said: 'He's been great. He's been so supportive of me personally, which is incredible. It's the first time he's been here and it was just brilliant for everyone to see him,' Last month we told how his family firm boosted its value last year to almost £27million. ACF Sports Promotions, founded by the former Aberdeen and Manchester United boss had £28.1million in assets last June. Revenue is said to be derived from the Glasgow-born dad of three's 'appearances, image rights and royalties'. But Sir Alex, 83, stepped down as a director of the company last year and gave control to his oldest son Mark, 56. He called Lady Cathy his 'bedrock'.
South China Morning Post
5 days ago
- Business
- South China Morning Post
Ex-Hong Kong stock exchange CEO buys luxury Kai Tak flat for US$5.92 million
Francis Yuen Tin-fan, former CEO of Hong Kong's stock exchange operator, and his wife spent HK$46.5 million (US$5.92 million) on a luxury flat in Kai Tak, adding to a string of transactions that they have made in the city over the past decade. Yuen and Rose Lee Wai-mun bought a 1,298 sq ft four-bedroom unit at The Knightsbridge late last month at HK$35,794 per square foot, according to Land Registry records. The unit was handed over on Tuesday, records showed. Robin Zeng Yuqun, the billionaire founder of electric-car battery maker Contemporary Amperex Technology or CATL, paid HK$33.5 million or HK$33,383 per square foot for his unit in the same development a year ago. The Knightsbridge, located on 22 Shing Fung Road on the former airport runway, is a 566-unit development by a consortium including China Overseas Land and Henderson Land. There were 456 unsold units in the project at the end of 2024, according to Henderson's latest annual report. The Kai Tak purchase added to signs of confidence among homebuyers, with transactions hitting a seven-high last month, official data showed. It was the first time the city witnessed four consecutive months of 5,000-odd deals since the market slumped from late 2021, according to CBRE. Francis Yuen Tin-fan, seen at a Hang Seng University ceremony in March 2023 Photo: K. Y. Cheng Yuen, a 73-year-old native of Shanghai, was the CEO of The Stock Exchange of Hong Kong from 1988 to 1991, the predecessor to Hong Kong Exchanges and Clearing. He is the deputy chairman of Singapore-listed Pacific Century Regional Developments, and also sits on the board of Shanghai Industrial Holdings and Yixin Group, among others, according to exchange filings.
