Jeremy Roland Peace is a British businessman who is the former chairman and owner of West Bromwich Albion F.C., a professional football club based in the West Midlands. He is also renowned for being the spouse of Karen Loderick-Peace, a socialite and one of “The Real Housewives of Jersey’s” newest members.
Jeremy Peace's Net Worth
In 2022, Jeremy Peace’s net worth is estimated to be $1.5 million. His career as an owner of such big enterprises is his main source of income. According to the Birmingham Post Rich List 2019, Jeremy is the 31st richest individual in the West Midlands. He had a reputation for being a hands-on owner of his numerous enterprises who was not afraid to take a stand, such as when he fired Albion’s head coach Steve Clarke, who led the team to eighth place in 2013.
His fortune is also growing as a result of his wife, Karen Loderick-Peace, becoming a reality star after joining Bravo TV’s blockbuster reality program, “The Real Housewives of Jersey.”
Jeremy's Early Life
Jeremy Peace is 66 years old. He was born in West Bromwich, United Kingdom, on August 13, 1956. On the other hand, no information about his family or siblings is known to the general public. Even though he is well-known for his job, when it comes to his early years, he is the polar opposite. Once we learn more, we will update this page.
Jeremy Peace's Education
Shrewsbury School was where Jeremy Peace went to school. More details about his educational background is not accessible to the public, which explains why there is no information about the degree he earned. We’ll update this page when we learn more.
Jeremy Peace's Wife and Family Life
Jeremy Peace is married to Karen Loderick-Peace of Real Housewives of Jersey. His wife is a published author, socialite and one of the newest members of “The Real Housewives of Jersey.” The couple has three children: two gorgeous girls and a stunning boy named Jayvana, Jeren, and Jolan. The real housewife sure loves and appreciate her family, as she often posts images of them on social media.
Jeremy Peace's Career
Between 1974 and 1983, Jeremy Peace worked in accounting, stockbroking, and investment banking. He was a key shareholder and director of Morland Securities PLC, which was subsequently renamed Access Satellite International PLC, and Sangers Photographics PLC, which was later become Quadrant Group PLC, until 1991, according to his Wikipedia.
Later, Jeremy has served as a director and/or shareholder in a number of public limited companies since then, including South Country Homes, Thomas Potts, London Town, e-prime finance, EP&F Capital, Galahad Capital, Camelot Capital, and West Bromwich Albion F.C. The businessman also joined West Bromwich Albion’s board of directors as a non-executive director on December 8, 2000, and became chairman in June 2002, after Paul Thompson’s retirement. In 2005, the company was made private, with him having a controlling stake.
Furthermore, he moved his 59.9% stake in West Bromwich Albion Group Limited to a new business, West Bromwich Albion Holdings Limited, on May 31, 2013. West Bromwich Albion Holdings Limited was Jeremy’s only directorship, and he controlled 100% of the new firm. According to the Companies House report for West Bromwich Albion Holdings Limited dated 10 June 2015, a new class of “A” Ordinary Shares was established while he possessed 100% of the Ordinary Share Capital. Kappa Limited is the only stakeholder in this class, owning 12500 shares.
According to the Daily Express in 2013, Jeremy governs the club with a rod of iron. Any manager must take the title of “head coach” and be willing to fit within Peace’s system. In August 2016, he agreed to sell West Bromwich Albion F.C. to Chinese investor Guochuan Lai for a sum estimated to be in the range of £150 million to £200 million. Former Blackburn Rovers F.C chairman John Williams has taken over as chairman. Peace, on the other hand, opted to remain at Albion in an advising role for the 2016/17 Premier League season.
Today, Jeremy Peace is juggling his multiple businesses while also supporting his wife in her new role as a Bravo celebrity.
West Bromwich Albion's Shareholders Debating Over £3.7 Million Jeremy Peace Loan
Albion’s minority owners have discussed requesting an investigation into a loan the club made to previous owner Jeremy Peace. Owners For Albion (S4A), which represents the bulk of the club’s 12% small shareholders, has long asked for an independent probe of the loan, which was issued in 2014. The club and S4A are still in discussions over the review. However, after meeting with Albion chief executive Xu Ke – often known as Ken – the group has moved closer to its aim.
In 2014, Jeremy borrowed £3.7 million from the club to fund his own firm, WBA Holdings, however when current owner Guochuan Lai took over the club in 2016, the debt was transferred to him. The Express & Star reported in January that the loan’s interest had surpassed £1 million, putting the Baggies’ debt at almost £4.7 million. According to a statement given to S4A members, the group is in discussions with Ken with the goal of the club conducting an independent investigation into all of the details surrounding and leading up to the loan.
The resolution also aims to determine if each of the club’s directors fulfilled their separate fiduciary responsibilities in regard to the loan. David Baker and Leigh Kent were recently named chairman and vice-chairman of S4A, and it is thought that they and other S4A committee members have kept working with Ken to enhance the club’s relationship with minority shareholders, with S4A now conducting frequent conversations with him.
“The relationship has clearly improved in recent months,” S4A vice-chairman Leigh Kent remarked. “We have open and constructive dialogue with Ken on many key issues relating to Albion, as we seek to work together to achieve what is best for the club. We appreciate Ken’s efforts in this regard. An example of this is Ken agreeing to hold our General Meeting at The Hawthorns on July 8, rather than in London as had originally been arranged.”
S4A previously alleged that Jeremy may have used the club’s debt to WBA Holdings to help fund a three-month-old bid for shares in WBA Group, the club’s parent business. In 2014, Jeremy raised his holdings in WBA Group from about 65 to 88 percent. He sold the club to Lai for £200 million two years later. Jeremy has always vehemently denied using the money to expand his personal stake in the company. The loan was “competitively advantageous” to the club, according to the former chairman. The Express & Star attempted to reach out to Jeremy for comment on a possible review but got no response.
Furthermore, despite losing in their desire for a comprehensive probe into a £3.7 million loan given to previous owner, Jeremy, in July of last year, Albion’s minority owners promised to battle on. At the time, it was revealed that the club intends to repay the debt by issuing a dividend to shareholders, which would then give WBA Holdings with the required finances. S4A, on the other hand, criticized this strategy as “wholly inappropriate” in a statement the next day. The group condemned the inability to commission a comprehensive study as “disappointing” and “perplexing,” while expressing appreciation to Ken for fielding more than 90 minutes of questions during the meeting. They are still hoping that the club may rethink their decision in the future.
Jeremy Peace's Appearance (Height, Hair, Eyes & More)
|Height||X ft X in
Facts About Jeremy Peace
|Estimate Net Worth||$1.5 million|
|Birthplace||West Bromwich, UK|
|Birthday||August 13, 1956|