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Former owner and chairman of Chelsea FC who bought the club for a pound and helped restore it to the top rank of English footballFor more than 20 years, Ken Bates, who has died aged 94, was synonymous with Chelsea Football Club, which he bought in 1982 from the Mears family, who had lost control after rebuilding the west stand.Haemorrhaging money, hugely in debt and about to sink into what was then Division Three, the London club cost him £1. Two feuding, financially hectic decades lat

The supermarket’s central Europe stores may be sold as it doubles down on domestic dominance A couple of decades ago, Tesco was going to bestride the globe. Little ol’ UK, plus Ireland, didn’t offer enough room for the country’s biggest supermarket chain to expand, ran a theory that was encouraged from outside by complaints about a “Tescopoly”.“We are on the threshold of becoming one of the few successful international retailers,” declared Sir Terry Leahy, then the chief executive, in