Gurney bankrupt

John Gurney, Luton’s former Chairman until Trust in Luton was born to get him out, has been made bankrupt according to The Herald and Post.

As a result, he will be excluded from holding a directorship at any football club.

Gurney was reported to have bought Luton Town for £4 from Mike Watson-Challis in May 2003, when I’m positive with my marketing qualifications, I could have got Mr Watson-Challis £5.

Although Gurney made some extemely bizarre suggestions and decisions in his short time at the club, including a Manager Idol vote which saw Mike Newell named manager, and plans to build a new stadium on J10 land with a formula 1 race track, for London-Luton FC, Luton fans should be eternally grateful to him.

In order to rid the club of this man Trust in Luton was born and from those small beginnings Gary Sweet, Stephen Browne and Anthony Brown engineered the 2020 consortium to save us a second time from mismanagement this season.

Gurney was declared bankrupt in the High Court on April 7th and Trust in Luton Chairman Liam Day said:

‘It was a fraught time and briefly Luton had turned into a laughing stock with all the talk of a stadium on poles over the M1 and a racing track. If it wasn’t so serious it would have been hilarious.

‘The trust was probably largely responsible for John Gurney leaving Luton Town in 2003, shortly after he took over.

‘You never want to gloat on somebody else’s misfortune, but you can safely say that that sort of thing was coming.

‘He was always an individual who was flying close to that particular threat.

‘The relief is that any other sporting teams in the country can now breathe easy knowing that potential threat has been removed and that’s got to be a good thing.’

A Football League spokesman confirmed that Gurney would be barred from owning a football club under the ‘fit and proper person’ test, due to his bankruptcy.