February 9th, 2012
A YORK lawyer is investigating the lost fortune of millionnaire Brooks Mileson, who once contemplated taking control of York City FC
Stephen Baylis, of Langleys, said the intriguing case was positive for the legal community in York, showing the capability of the city’s lawyers in high-profile cases
Mr Mileson, was once the 37th richest man in Britain, making his money through construction and insurance, before investing in Scottish village football club Gretna FC and in 1999 the now defunct Scarborough FC
In 2003, when York City were in danger of going bust under the ownership of former motor racing boss John Batchelor, Mr Mileson also contemplated taking over at Bootham Crescent
Although Mr Mileson never spoke publicly of his interest in acquiring the Minstermen, The Press exclusively reported his associates were in talks to buy the club and he attended at least one match at Bootham Crescent until ownership of the club was eventually transferred to the York City Supporters’ Trust
When he died of a heart attack in 2008, Mr Mileson is believed to have left a £32 million fortune, which his creditors have been unable to find
Mr Baylis said: “Brooks Mileson had a colourful history when he was alive and certainly following his death, we have been trying to unravel where he put his assets and what he’s done with his money It might simply be that he has thrown all his money into football, as some business people have done, but I still feel there must be some more of the money out there”
Mr Baylis, who joined Langleys to work in York where he lived after working in Leeds-based Hammonds, was referred the case by a contact who is an insolvency practitioner
He said the case was good for the legal industry in York “When I came here seven to eight years ago, you wouldn’t have seen York mentioned in Chambers of the Legal 500 and now a smattering of York firms, including Langleys, have got a profile there
“We are able to compete with the firms in the middle tier and can certainly compete with national firms We have all the legal competence and offer good value to clients,” he said
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