Mr Joseph, who was raised in Stockton, bought the rights to the name Teesside Airport in 2015 when the site was still called Durham Tees Valley Airport and owned by Peel Group.
In 2019, the TVCA bought the airport for £40m. That same year, the TCVA made Mr Joseph two offers for his intellectual property rights to Teesside Airport.
The first offer was for £20,000 in March 2019, and the second offer was for £1 in July 2019.
Mr Joseph rejected both offers.
“They didn’t even negotiate,” he said.
The businessman had been seeking £250,000 for the rights. This led to Mr Houchen publicly saying Mr Joseph was holding Teessiders “to ransom”.
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