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One free scan finds every outdated or missing driver and matches the right update for your exact hardware.Free scan · exact hardware matchThe often-cited £1.1bn figure is a historical estimate for Trevor Hemmings, not a verified current net worth for the Hemmings family. Available reporting establishes the family’s connection to Preston North End, but does not provide a reliable account of the businesses or transactions that created the fortune. That distinction matters: the club’s finances and the family’s personal wealth are not the same thing.
What does the £1.1bn figure refer to?
A tertiary reference page attributes a £1.115bn estimate to Trevor Hemmings in the 2021 Sunday Times Rich List. The original Rich List entry was not directly verified, so this should be treated as a reported historical estimate—not as an audited valuation or a current figure for either Trevor Hemmings or the wider family. Source: tertiary reference page on Trevor Hemmings.
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A rich-list estimate is not the same as a published set of accounts. The available information does not establish the estimate’s valuation date, its components, or how wealth was divided among family members. It therefore cannot substantiate a present-day claim that “the Hemmings family” is worth £1.1bn.
How did the Hemmings family make its money?
The available reporting does not trace Trevor Hemmings’s wealth to specific businesses, asset sales, or inheritance in enough detail to answer that question reliably. It would be misleading to present a detailed origin story—or to assign the fortune to property, horses, racecourses, or another sector—without evidence establishing those connections.
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Companies House records filings for Hemmings Coaches Limited, including accounts for the year ended 31 December 2025 filed on 7 April 2026. A filing record establishes that the company has accounts on file; by itself, it does not show that the company created the reported fortune or explain the scale of Hemmings’s wealth. Companies House filing history for Hemmings Coaches Limited.
When did the family acquire Preston North End?
Trevor Hemmings bought Preston North End in 2010 after the club faced an HMRC winding-up petition, according to BBC Sport. BBC Sport, 12 May 2025. The club’s ownership is part of the family’s public profile, but buying or financing a football club does not establish the amount or source of a person’s wider wealth.
Who owned the club in 2025, and what changed?
In May 2025, chief executive Peter Ridsdale said he had met several potential buyers during the previous year but that none was then “at the table.” That was a description of the position at the time, not a statement about the club’s status today. BBC Sport, 12 May 2025.
BBC Sport reported on 7 October 2025 that Craig Hemmings remained the owner while stepping down as chairman, as the club sought new investment and potential new ownership. Craig Hemmings said the change reflected growing responsibilities across other family businesses and a wish to find a successor. BBC Sport, 7 October 2025. Ownership and chairmanship are distinct: a change in who chairs the club does not, on its own, mean the owner has changed.
What do Preston North End’s loans say about family wealth?
In a statement dated 5 September 2025, Preston North End said £30m of existing shareholder debt was being converted to equity and that £33.8m of shareholder loans would remain at year end. Preston North End statement, reproduced by PNE Online. Those figures describe club financing. A loan owed by the club and a conversion of debt into equity are not a measure of the shareholders’ personal net worth, nor do they show how the family originally accumulated its wealth.
Quick Recap
What can be stated with confidence?
- The £1.115bn figure is attributed in a tertiary reference to Trevor Hemmings in the 2021 Sunday Times Rich List; it is historical and not a verified current family valuation.
- The family’s ownership connection to Preston North End dates to Trevor Hemmings’s 2010 purchase.
- BBC Sport reported Craig Hemmings remained owner when he stepped down as chairman in October 2025, while the club sought investment and possible new ownership.
- The available evidence does not establish a detailed, reliable explanation of how the family’s fortune was accumulated or divided.
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