Lord Steinberg, founder of Stanley Leisure, has died

LORD Leonard Steinberg, the founder of Stanley Leisure, has died.

The Belfast-born peer started the gambling firm in 1958 and relocated to Liverpool in 1977 after being shot by IRA terrorists.

He was named the Liverpool Daily Post’s business person of the year in 1998. At the time he said: “Over the years I have been gladdened by making so many friends in Liverpool and on Merseyside. This beautiful trophy will sit in our boardroom at the top of Tithebarn Street not half a mile away from here.”

He sold the casino business in 2006, earning £68m, in 2006, a year after he had made £42m from the sale of 600 bookmakers to William Hill for £500m. His wealth was estimated at £90m.

Lord Steinberg was made a Tory life peer in 2004 and was also chairman of Lancashire County Cricket Club.

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