Steve Morgan

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Steve Morgan (born in Liverpool c.1953) is an English businessman.

[edit] Business career

Steve Morgan founded the construction company and housebuilder Redrow in 1974 and ran it until 2000 when it was floated on the London Stock Exchange. In the 1990s he invested in hotels, eventually merging his interests into De Vere Hotel Group. In the process Morgan made a fortune of several hundred million pounds from his business activities and is a regular on the Sunday Times Rich List where in 2006 he ranked 153rd with an estimated fortune of £425m.

[edit] Liverpool Football Club

A lifelong Liverpool Football Club fan he currently holds 5% of the shares and is the third largest shareholder. In 2003 and 2004, when the club was looking for new investment to help it build the proposed Stanley Park Stadium, Morgan made a number of well publicised proposals to inject tens of millions of pounds into the club, the last of them a proposed injection of £73 million, but he was unable to agree terms with chairman David Moores. The two men have a history of animosity and have clashed at Liverpool's annual general meetings.