Ritblat

[The Flying Scotsman]

Like I said, sharks and scum making money from the misery and hardship of others.

So if someone owed you money you wouldn't want it back?

 

[Firestorm]

For the time being it is suggested that everyone distinguish between the football club/team and the development of property, which are entirely separate businesses.

After visit to Land Registry I will publish some facts, to cut through some of the speculation. If offshore corporations are involved I will seek the further facts from elsewhere and publish across this forum.

Southend Council have the power [S 208 legal agreement conditions] to establish the security of tenure of SUFC and we must look to them to protect supporters interests.

Their independence & not for profit involvement will very likely be an important factor in ensuring fair play, once approval has been declared.

If it is anything to do with the companies who own the various slivers of Land which make up all the required site at FF, the name Ritblat may well appear . There were several companies involved IIRC (Swan Holdings ? seems to ring a bell as one of them) one of which snapped up the "last piece of the jigsaw" while RM prevaricated about the price and then held out for a larger price. I think this is what caused the major delay in the plans being put through a couple of years back

 

[Einstein]

So if someone owed you money you wouldn't want it back?

Exactly what I was thinking.

Any chance of a loan SUFC Forever?

Not sure if I'll be able to ever pay it back, but of course I'll try. :rolleyes:

 

[Mick]

So if someone owed you money you wouldn't want it back?

Spoken like a true Scotsman.

 

[The Flying Scotsman]

Spoken like a true Scotsman.

Of course, as if I would lend it in the first place.

 

[Neil_F]

For the time being it is suggested that everyone distinguish between the football club/team and the development of property, which are entirely separate businesses.

After visit to Land Registry I will publish some facts, to cut through some of the speculation. If offshore corporations are involved I will seek the further facts from elsewhere and publish across this forum.

Southend Council have the power [S 208 legal agreement conditions] to establish the security of tenure of SUFC and we must look to them to protect supporters interests.

Their independence & not for profit involvement will very likely be an important factor in ensuring fair play, once approval has been declared.

Is this socialism in action day? Perhaps you'd like to remove yourself from the dream world where saints selflessly run not-for-profit football clubs for the good of the fans. Martin Dawn acquired the club because they thought they could make money out of it; that is not incompatible with improving the state of the club, which they clearly have done on a consistent basis.

I honestly have no idea what you are going on about here. What exactly do you plan to find on the Land Register? Evidence of a massive conspiracy? Surely the Register and all due diligence work would have formed part of the planning application process?

If you have something to say then just say it. If you have evidence of something untoward then by all means publish it.

 

[Homer]

But surely thats just the Council misconduct charge....
The Criminal investigation was regard to bribes related to property developments, the RM/MD raid was linked to this. If this was to do with Money laundering that would insinuate that RM was not making the payments , more like accepting them on Connors behalf and then making "legitimate" payments to him.

Just checked the www.thisisglouctershire.co.uk website and his bail was
extended from 21.02.08 to 12.03.08 in the matter of the fraud case

 

[Homer]

Is this socialism in action day? Perhaps you'd like to remove yourself from the dream world where saints selflessly run not-for-profit football clubs for the good of the fans. Martin Dawn acquired the club because they thought they could make money out of it; that is not incompatible with improving the state of the club, which they clearly have done on a consistent basis.

I honestly have no idea what you are going on about here. What exactly do you plan to find on the Land Register? Evidence of a massive conspiracy? Surely the Register and all due diligence work would have formed part of the planning application process?

If you have something to say then just say it. If you have evidence of something untoward then by all means publish it.

intresting points raised im not sure why of the what the poster in question is trying to achieve with all this investigation work

surely if could do more harm than good for the future development of SUFC
and if we get the yes for the new stadium could be put the investors off putting there money into the development

 

[NZamba Legend]

Is this socialism in action day?

I hope so. Waiting for the great leap forwards and all that.

 

[fatshrimp]

Is this socialism in action day? Perhaps you'd like to remove yourself from the dream world where saints selflessly run not-for-profit football clubs for the good of the fans. Martin Dawn acquired the club because they thought they could make money out of it; that is not incompatible with improving the state of the club, which they clearly have done on a consistent basis.

I honestly have no idea what you are going on about here. What exactly do you plan to find on the Land Register? Evidence of a massive conspiracy? Surely the Register and all due diligence work would have formed part of the planning application process?

If you have something to say then just say it. If you have evidence of something untoward then by all means publish it.

Post de jour!

Well said.

 

[Bob Cratchitt]

Is this socialism in action day? Perhaps you'd like to remove yourself from the dream world where saints selflessly run not-for-profit football clubs for the good of the fans.

Neil, I think you will find we all realise that people who invest will expect some return. However I guess the driver for all this is to ensure that the investment is above board and also the outcome of the move is not to the detriment of SUFC's longevity .

 

[shrimpfan]

Neil, I think you will find we all realise that people who invest will expect some return. However I guess the driver for all this is to ensure that the investment is above board and also the outcome of the move is not to the detriment of SUFC's longevity .

well said longevity the name off the game.

 

[shrimpfan]

So if someone owed you money you wouldn't want it back?

better to use irate ians firm than going round kicking the **** out of some div that owes u money.

 

[Napster]

I seem to remember skoda man keeping cuttings from the echo about the FF development - do you still keep those?

 

[Homer]

I seem to remember skoda man keeping cuttings from the echo about the FF development - do you still keep those?

yes got a old briefcase full of them at home and a load of plastic file's to put the cuttings into already half filled a leaf file

 

[TrueBlue]

yes got a old briefcase full of them at home and a load of plastic file's to put the cuttings into already half filled a leaf file

Sad ****er jolly! :finger:

 

[Homer]

Sad ****er jolly! :finger:

better than collecting Action Man figrues Scott :guns:

 

[C'mon you Shrimpers]

Like Neil I do question where this is all going. We all knew Ron was intersted in the club for the land development. He never said he wasn't. It's never been a mystery. He will need money for investment, that's a given. Where it comes from who can say. I thought that was banks and the city were for. He publishes his accounts. There seems to be an innuendo here that there's somthing shady going on here without I hasten to add a shred of evidence. Having met Ron more than a few times I have to say if you think this is the man who wants to go down in history as the man who shafted SUFC then I think you're sorely mistaken. Whether he wants to own the club in the long run is another issue. However I doubt we have to worry about that until the ground and the enabling development more importantly is built. So all together now "get your finger out Blears"

 

[Neil_F]

Also, if you do believe these people are asset strippers or out to get the club then they are taking there time about it! How many years have they had a controlling interest in the club? It must be more than five years?

That's a pretty long-term commitment to ultimately shaft a football club for what is not a lot of money!

Everyone loves a good conspiracy theory, just as many think we're going to get relegated after every defeat and just as many think we'll get promoted whenever we win. This is all going a little too far though I think.

 

[Firestorm]

Also, if you do believe these people are asset strippers or out to get the club then they are taking there time about it! How many years have they had a controlling interest in the club? It must be more than five years?

That's a pretty long-term commitment to ultimately shaft a football club for what is not a lot of money!

Everyone loves a good conspiracy theory, just as many think we're going to get relegated after every defeat and just as many think we'll get promoted whenever we win. This is all going a little too far though I think.

True Neil, however 5 years ago the worth of the club was next to nothing, with RH having a covenant on it and B&L set aside for sports use only. Planning permission pending, this has changed on both sites making the value of the property significantly more than it was 5 years ago.

That said RM bought out Delancey , one of the reasons being that Delancey would not put any more money in and were getting concerned about the time they had spent in the investment with nil return.
The concern about the investors is one that, in all honesty applies to whoever Ron borrows the money for the build from, if things get tight , how quickly will they rush to get all their money back.
As for the land registry issue, surely that will currently just tell us who owns the land now. Any large property is owned by a company , whose sole existance is to own that property (This is to avoid stamp duty which at 4% for the property , is considerably more than the transfer duty (0.5% I believe)) That Company will probably not be set up yet and as things are currently , unlikely to be the owners of the land.
even if they were already in place, all land registry will do is give the comapnies name and directors, it would not have details of the other companies having shareholdings in it. That may well be at Companies house...