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Nina Bracewell-Smith

Indian businesswoman (born 1955)

Summary

Indian businesswoman (born 1955)

Field	Value
name	Lady Bracewell-Smith
birth_name	Nina Kakkar
birth_place	New Delhi
birth_date
years_active	1995–present
spouse

** Nina, Lady Bracewell-Smith** (née Kakkar; born 14 November 1955) is an Indian-born businesswoman who has since March 2013 been based in Monaco. She was a major shareholder and former non-executive director of the Premier League football club Arsenal.{{cite web | url=http://www.arsenal.com/the-club/corporate-info/the-arsenal-board | title=The Arsenal Board | work=Arsenal.com | date=20 July 2023 }}

Background

Born in Bonn, she is the daughter of an Indian diplomat. | archive-url=https://archive.today/20110604114837/http://www.timesonline.co.uk/tol/sport/football/premiership/arsenal/article1680369.ece | url-status=dead | archive-date=4 June 2011

Arsenal FC

Lady Bracewell-Smith's share in Arsenal comes from the estate of Sir Bracewell Smith, which was split among his grandchildren, Sir Charles Bracewell-Smith, Clive Carr, Richard Carr and Sarah Carr, now Lady Phipps-Bagge. Sir Charles Bracewell-Smith transferred ownership of his shares to his wife, Lady Bracewell-Smith, and she was made a non-executive director of Arsenal in 2005; her appointment increased the membership of Arsenal's Board of Directors to ten.

As of September 2007, Lady Bracewell-Smith owned a 15.9% stake in the club and was the third largest shareholder in the club following Danny Fiszman, with 24.11%, and Red and White Holdings, which is co-owned by Farhad Moshiri and Alisher Usmanov, which owns 24.0% of the equity. In April 2007, she joined with the other board members, her husband’s cousins, as well as Danny Fiszman and the chairman, Peter Hill-Wood, in resisting a take-over by Usmanov, which was believed to have the support of former vice-chairman David Dein. On 17 December 2008 Arsenal Holdings PLC made this announcement: "Lady Nina Bracewell-Smith will be leaving the Boards of the Company and the Club with immediate effect."

On 11 April 2011, she sold her Arsenal shares amounting to 15.9% of club's stake to Stan Kroenke.

On 1 March 2012, she was appointed but removed now Honorary Vice-President of the Club.

Other business interests

Lady Bracewell-Smith was also formerly a director of the Park Lane Sheraton Hotel. The Bracewell-Smith family has strong connections to hotels having previously owned the Ritz Hotel in London, which they sold in 1976, together with a large share of the Paris Ritz; they also held the majority of the shares in the Park Lane Hotel (built by Sir Bracewell Smith in 1920) until its £44m sale in 1996.{{cite news | archive-url=https://web.archive.org/web/20110522140421/http://www.timesonline.co.uk/richlist/person/0,,43853,00.html | url-status=dead | archive-date=22 May 2011

She and her husband were ranked 657th in the Sunday Times Rich List 2009 with an estimated family fortune of £85m. She is also 44th on The Sunday Times UK Asian rich list, 72nd on the women list and is in the European Rich List.

References

link. (June 9, 2015)
Bond, David. (19 April 2007). "Arsenal crisis as Dein is ousted from board". Daily Telegraph.
(17 December 2008). "Club announce board re-shuffle". Arsenal FC.
(11 April 2011). "Arsenal investor Lady Bracewell-Smith 'sell shares'". Plus-sx.
[https://web.archive.org/web/20110611200006/http://business.timesonline.co.uk/tol/business/specials/rich_list/rich_list_2009/article6133237.ece Lady Nina Bracewell-Smith and family] Times Online, 26 April 2009
"Britain's Richest Asians". The Sunday Times.
"Richest People in Europe". Revs.org.

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

arsenal-f.c.-directors-and-chairmen 1955-births living-people indian-emigrants-to-england wives-of-baronets businesspeople-from-delhi british-expatriates-in-monaco

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