LONDON - Brian Epstein�s copy of his direction contract with The Beatles, a treaty that proven to be worth millions, is organism offered for sale in London following month.
The four-page document, gestural Oct. 1, 1962, by John Lennon, George Harrison, Paul McCartney and Richard Starkey � Ringo Starr�s real name � carries an estimated price of $480,000. The Fame Bureau auction house aforementioned Tuesday it had scheduled the sale for Sept. 4 at the Idea Generation Gallery.
The contract, likewise signed by Harold Hargreaves Harrison and James McCartney on behalf of their underage sons, gave Epstein a 25 percent cut of the band�s net income, provided they made more than $400 each per week.
"The discussion is that he made more money than the Beatles did during his period of time," aforementioned Ted Owen, managing conductor of The Fame Bureau.
He said the contract was offered for sale by a northern England man of affairs and Beatles collector wHO has asked to persist anonymous.
The compact marked the moment when all the pieces were in place for a global outbreak of Beatlemania.
Epstein first heard of The Beatles when a client went to his track record store in Liverpool request for "My Bonnie," in which the group backed singer Tony Sheridan.
After arranging to hear the mathematical group perform at the Cavern Club in Liverpool, Epstein was impressed.
"They were new, honest and had, what I thought, a sort of presence and headliner quality, whatsoever that is," Epstein by and by recalled.
Epstein had been directive the grouping since December 1961, and had secured a recording contract with EMI. With a prod from producer George Martin, Epstein pink-slipped drummer Pete Best in August 1962 and brought Starr into the group, and their first
