Friday, November 8, 2024
HomeSportsThe nearly successful English football club purchase by a $25m fraudster

The nearly successful English football club purchase by a $25m fraudster

In the first of our series about the men who want to buy English football clubs, this is the remarkable story of Chris Kirchner, who came close to taking over Derby County and was then found guilty of fraud and money laundering.

This week, we will examine five prospective investors and what their interest in English football says about their ambitions and the game itself.


Valentine’s Day 2023 and, just after dawn, Chris Kirchner’s world begins to crumble.

A group of FBI agents have arrived at the gates of his family home in Westlake, Texas, less than a mile from the exclusive Vaquero Country Club, and begin seizing the trappings of his wealth.

A Rolls-Royce Cullinan and a Mercedes-Benz G-Class are among the items confiscated, along with five luxury watches and a Cartier necklace. Close to $600,000 (£475,000 at today’s rates) is taken from personal accounts in Kirchner’s name, as well as artwork and 57 bottles of wine.

The FBI arrested Kirchner too, issuing charges of wire fraud after alleging he had sent millions of dollars from the accounts of Slync, a software start-up he founded in 2017, to his personal account. A $16million Gulfstream jet was among the many things bought with the money of others.

… (content continues)

RELATED ARTICLES

Most Popular