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We’ve had the owners of Rangers, Sunderland and Blackburn Rovers here in the past, but apparently West Bromwich Albion Chairman Jeremy Peace is the latest to up sticks to Jersey.
The Mirror has reported that Mr Peace (59) – who made his fortune in stockbroking and investment banking – has purchased a home in the Island.
He has had a majority shareholding in WBA since 2005, but put the club up for sale last year.
Locate Jersey, the States-owned agency that works to attract new businesses and high net-worth individuals, has refused to confirm or deny whether Mr Peace is moving to the Island.
In a statement, they said: “The work Locate Jersey undertakes with high net worth individuals or businesses is confidential at all times, unless otherwise directed by the client.”
Yesterday, Locate Jersey reported that 20 new super-rich immigrants had come to the Island last year.
Under current tax rules, those 20 people will be paying a minimum of £2.5 million in tax per year between them. Locate Jersey say that the 2015 intake of super-rich immigrants spent £86.5 million on property between them, netting £4.7 million in stamp duty for the taxman.
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