He held 2,722 shares (4.6%) in Arsenal till May 2008, when he sold them to Stan Kroenke.
[citation needed] His father Henry Lascelles Carr played cricket for Glamorgan, served in the RAF in the Second World War and died in 1943.
[3] His half-sister, Lady Sarah Phipps-Bagge, held 2% of the shares in the club.
His brother Clive Carr is the football club's former Life Vice-President.
[4] Richard Carr has formerly held directorships of Lee Yang Enterprise Limited, the Park Lane Hotel Ltd and Tymals Investments Ltd. Tymals Investments Ltd was dissolved in 1999, the other director was fellow former Arsenal board member Nina Bracewell-Smith.