Boxing
Feb. 02, 1963 - Boxer - Terry Downes Gets A260, 000 Purse Sells Part Interest In Betting Shops: Former world middleweight champion - Terry Downes and his manager Sam Burns have sold a stake in their 16 betting shops for260, 000. In his office - above one of his shops in Harlesden - North London - Terry Downes said yesterday - We worked ruddy hard for this. It is no flash in the pan. And we still have a controlling interest in the shops'. The estimated turn-over of the chain is1, 000, 000 a year. The buyers are Elysian investments who took over the Hurst Park racing syndicate last year. Despite his130, 000 - Terry is to continue boxing. He was once a3 - 10 Od a week petrol pump attendant. Photos shows Terry Downes talks about the deal - at his London office yesterday
