I'm disappointed that the club has stooped to this level to be honest.
Believe me I'd never play a game of poker with RM.
There is a vast difference between Ron Martin offering to buy the flats and businesses and actually coming up with the money to buy them. I am privy to information that I can't reveal on here as I would probably be sued but there seems to some problem with completing the purchase of one of the small flats so don't hold your breath about pizza shops being purchased just yet ---- owner willing or not.
didn't have the cash to buy a flat up the road on his proposed completion date last December.
This wouldn't have been around the time of the 11th of December when SUFC got a loan from the Trust would it ???
for goodness sake why is everyone being so naive. Sainsbury's will only buy the land when it is all available. They don't want the hassle RM is going through of dealing with the bits and pieces. Too messy and not their core business. When it's sorted which it will be he will sell it to them. Do you think it won't be for the market rate and for a profit?
But what is the timescale involved here ???
How quick do Sainsburys want the vacant (with no toppings) site ???
Allegedly about the 14th December but the lady further up the chain was still living out of packed boxes at her old home that she couldn't leave owing to non-completion at the end of the year.
for goodness sake why is everyone being so naive. Sainsbury's will only buy the land when it is all available. They don't want the hassle RM is going through of dealing with the bits and pieces. Too messy and not their core business. When it's sorted which it will be he will sell it to them. Do you think it won't be for the market rate and for a profit?
no-one said Capitalism wasn't a dirty game at times.
Exactly. It's all or nothing, and as far as I'm aware we haven't bought anything yet, just got agreements in place to buy everything. When the final agreement is in place the deals will be completed, presumably paid for using the funds from Sainsburys which would then kick in.
When we have bought the full shebang, we can sell on to Sainsburys at a profit.
It sounds like RM has bought a fair bit - nearly everything. What with the flats completing (or not) as McNasty says etc. When you exchange contracts you set a completion date for very soon after when you pay up in full. If we are exchanging with Prospects next week, we may well be short of cash for a while yet.
When we have bought the full shebang, we can sell on to Sainsburys at a profit.