Career
He was found guilty of tax evasion in 2005. Reynolds became the chairman of Darlington Club in 1999 and built the team a new stadium costing £20 million, which he named after himself. Reynolds was originally very popular with fans but he then took the club into administration and left the club in January 2004, just months after the new 25,000-seat stadium (one of the largest stadiums outside the Premier League) was opened.
The stadium was renamed shortly afterwards.
Darlington goalkeeper David Preece said shortly after he was transferred to Aberdeen F.C., the day before his debut against Celtic F.C., Reynolds called him threatening to cancel the transfer unless Preece signed a waiver of his £45,000 signing-on fee. He famously declared his ambition to take Darlington into the Premier League, and when he took the club over they had been in the League"s basement division since 1992.
The new stadium did nothing to improve their on-field fortunes, and they did not move out of the basement division of the League until 2010 - when they were relegated to the Conference. The club was later relegated four divisions to the Northern League Division One and forced to reform as a new club, Darlington 1883, owned by the fans.
He later pleaded guilty to charges of tax evasion and was sentenced to three years imprisonment in October 2005.
Other charges which he denied, including money laundering, were left on file. Reynolds was released on 6 December 2006 but was electronically tagged and subject to a curfew. He was returned to prison for 2 weeks in April 2007 breaching the terms of his curfew.
He currently operates a vending machine company, and is involved in retail.
