As featured on NewsNow: Football news

Man Utd boss Ferguson now dot.com millionaire

Manchester United boss Sir Alex Ferguson can add dot.com millionaire to his extensive CV.

The Independent says Ferguson collected £4m from the sale of his online restaurant booking site Toptable to an American rival.

The Manchester United boss owned 11 per cent of the company after being persuaded to come on board by friend and fellow Scot Karen Hanton, 53, who founded the pioneering company at the height of the dot.com boom in 2000.

Another investor was the chef Gary Rhodes, who is due to earn £400,000 from the deal. Ms Hanton will earn £16m from her stake, following the acquisition by San Francisco-based group OpenTable for £35m. After failing to turn a profit for the first five years of operation, the company enjoyed a net income of £750,000 in 2009 and now helps seat nearly three million diners a year.

 Click here for the best Manchester United coverage on the 'net. All your United news and gossip in one spot.

Video of the day:

About the author

Tribal Football Staff

×

Subscribe and go ad-free

For only $10 a year

  1. Go Ad-Free
  2. Faster site experience
  3. Support great writing
  4. Subscribe now
Launch Offer: 2 months free
×

Subscribe and go ad-free

For only $10 a year

Subscribe now
Launch Offer: 2 months free