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Sunday, 27 December 2009

Eubank's Lordship title for sale

Former world champion boxer Chris Eubank's Lordship of the Manor of Brighton is up for sale.



The title, which he bought for £45,000 in 1996, was among assets, including property, stripped from the fighter after he was made bankrupt in 2005.

Robert Smith, chairman of the Manorial Society of Great Britain, said the Lordship, now valued at £35,000, had not been a great investment. "But I guess you could say that about anything at the moment," he said.

Eubank, who lives in Brighton, was declared bankrupt owing £1.3m to the taxman, which he blamed on bad advice given to him during his career.

Domesday Book
He became the WBO middleweight champion in 1990 and successfully defended his title 14 times.
The Lordship of the Manor of Brighton dates back to the Domesday Book, which states that its holder was entitled to a tax on the number of herrings that were landed in the fishing village. At the time there were about 4,000 a year.

Mr Smith said the tax, then about £20, was still being collected in the 1860s when the title was owned by Lord Sackville.
Well into the 17th Century, the Lord of the Manor was also collecting a tax on the smoking of fish, which was used as a method of preserving the catch.

Mr Smith said that if no suitable offers were received for the title it would be auctioned.

Source: BBC

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