After TV's Rat Race, Dyke's Ready to Rescue Brentford

Article excerpt

GREG DYKE, the executive famous for rescuing TV-am with the aid of a rodent puppet, is putting his business recovery skills to the test again as the new chairman of his local football club.

The former BBC director general arrives as the figurehead for a supporters' trust-led consortium which is on the verge of taking majority control of Brentford.

Dyke, who has already made a significant financial contribution to the fans' "Back the Bees" campaign, will replace chairman Eddie Rogers, who remains on the board.

Even though the Bees United trust has been running Brentford for three years, ownership has remained in the hands of former manager Ron Noades.

Now, after raising more than Pounds 1million, the trust is in a position to purchase Noades's 60 per cent shareholding and with it responsibility for the League One club's Pounds 7m debt.

The deal has been made possible with the help of an interest- free Pounds 1m loan from Noades, a Pounds 500,000 loan from Hounslow Council and a new overdraft from Barclays Bank. Most crucial of all, however, have been pledges from supporters.

Club officials were last night meeting lawyers to put the final touches to the deal. …