When will the takeover go through? The Waiting Game...

[Flinty]

CBRE are massive players in the property market, not some fly by night dodge back street business

 

[kentblues]

Are the rats financial backers egging Martin along this path to the clubs destruction.
We know it’s a typical rat play in progress, but is he being encouraged by this CBRE.
What do we really know about his business partner ? Are they an ethical financier with some morals, or are they just as dodgy as .
From what I can see they could be a major hurdle to overcome.
Or am I going up a dead end road with this .

I would have thought a large charge on a dilapidated stadium that they can neither sell or develop would be sub optimal- that said the overall deal has to fly financially and very likely this is impacting what gets built and terms like lease length. No doubt, all these changes were precisely to meet those requirements, and I am sure they will have been involved in that, but I can’t see how CRBE would sign anything off until they see the final proposal post DD (so not yet?)

 

[meerkat54]

CBRE are massive players in the property market, not some fly by night dodge back street business

That’s good to hear. Wouldn’t it be in there interest to lean on Martin to hurry up, so the project can proceed?

 

[Clarky176]

It’s not my opinion, it’s from someone I trust implicitly.

Everything they have told me so far has transpired, first with Kimura and now the consortium.

We all know how bad Ron is, but trust me when I say you don’t know just how bad he and Jack really are.

If you multiply it by a hundred, that still doesn’t even come close to how bad that man and his son are and what they are doing to this football club for their own personal greed.

Hi ForeverBlue,

Does your source have a view of what Ron and Jack’s endgame is with all this?

You’ve been spot on since the get go, it would be interesting to know if the Martin’s have a plan or if they’re reacting to situations as they present themselves.

 

[defender05]

CBRE are massive players in the property market, not some fly by night dodge back street business

Has anyone contacted them about why the requested information in relation to their deal has not been received on time?

 

[wiggy]

No chance before the court date, the way the new bloke is speaking this is another 6 months job if at all….another deduction looms

 

[GIBBO]

CBRE are massive players in the property market, not some fly by night dodge back street business

This is true, I work for CBRE in residential. The part involved with the club nothing to do with me.

I have offered to hunt down the people within CBRE who are responsible.

 

[Cricko]

This is true, I work for CBRE in residential. The part involved with thr club nothing to do with me.

Well Mr Bond this is your mission.

 

[Tommy2holes]

No chance before the court date, the way the new bloke is speaking this is another 6 months job if at all….another deduction looms

That's the least of our worries. We will be wound up, consortium gone and expelled by the national league.

 

[Yorkshire Blue]

This is true, I work for CBRE in residential. The part involved with the club nothing to do with me.

I have offered to hunt down the people within CBRE who are responsible.

Find them and take them out for a beer to find out what’s going on.

 

[londonblue]

Find them and take them out for a beer to find out what’s going on.

Find them and take them out for a beer and have a few heavies with a document ready for them.

(That's a joke, before anyone gets any ideas. )

 

[hlane17]

Additionally the council need to make it clear that should this deal not go through then it's highly unlikely any further planning will be agreed at Fossetts or roots hall.

I don't think RM would be happy with SUFC fans becoming councillors and blocking his plans. Always an option should he finally kill off the club.

 

[Napster]

This is true, I work for CBRE in residential. The part involved with the club nothing to do with me.

I have offered to hunt down the people within CBRE who are responsible.

I imagine it's Herbin Duffield, who was involved with the CBRE/Merseyside Pension deal with Peel Ports

CBRE secures funding for development of heat network at Liverpool Waters

CBRE’s Investment Advisory team, part of CBRE Capital Advisors, has arranged further funding from the Merseyside Pension Fund Catalyst Fund to support the next phases of the development of a heat network at Liverpool Waters, taking the total Catalyst facility to £20 million. The heat network is...

news.cbre.co.uk

Peter Wallach is head of pensions at Merseyside Pension Fund. I've requested to connect with him

 

[Hooly]

Not immediately.

But if there's no stadium and no RH refurbishment then there's a spare £20m around

And an extra 500 units on RH as well.

Given current scenarios I can't see Jack Martin bothering about waiting a few years & Ron will be in the Heaven for Property Developers by then.

 

[Napster]

Henry Randolph as well

Merseyside Pension Fund backs Legacie Developments with £60m in largest funding deal to date | TheBusinessDesk.com

Pension fund notes housing completions are fraction of pre-financial crisis levels

www.thebusinessdesk.com

henry.randolph@cbre.com

https://www.cbre.co.uk/services/invest-finance-and-value/capital-markets/investment-banking/lending

 

[hlane17]

The only saving grace. We have exchanged on the transaction. There must be massive financially penalties if the other party don't deliver on completion of a transaction.

Sadly not as I understand it. If the contracts are not signed and dated a.k.a 'completed' the contents within are nothing but words.

Pretty sure the only remedies at this stage would be termination of the written agreements, but someone more legally versed than me may know more.

Unless the parties signed a separate agreement setting out responsibility for costs during negotiations, nobody will owe anyone money for a failure to reach a final agreement.

 

[bazzashrimper]

Heaven for Property Developers

Hell?

 

[hlane17]

Hell?

Beat me to it

 

[united we stand]

My personal opinion is that Ron is working on the assumption that he can long it out to get what he wants from the council. If the council take too long then the consortium walk away and he can blame the council.

He will then say he did what he could. Obviously we know that the hold up is in part with him and backers.

He will then, with the club out of the way try and build on roots hall and Fossetts without the need for a stadium build. No club, no stadium.

I think it needs a difinitive time by the consortium, after which they walk away ie a cut off date.

Additionally the council need to make it clear that should this deal not go through then it's highly unlikely any further planning will be agreed at Fossetts or roots hall.

It's the only way to make Ron realise it's **** or bust.

He can’t build on roots hall because of the covenant. He is ( in my opinion) very aware of this or else he would have simply let the club die years ago if he thought that he could then simply apply for planning.

As I posted earlier the covenant down just cover SUFC, it also covers a phoenix club a
So this ( as I understand it) screws Rob .

Happy ( well won’t be happy as the covenant is good for us) to be told I am wrong.

 

[GIBBO]

I imagine it's Herbin Duffield, who was involved with the CBRE/Merseyside Pension deal with Peel Ports

CBRE secures funding for development of heat network at Liverpool Waters

CBRE’s Investment Advisory team, part of CBRE Capital Advisors, has arranged further funding from the Merseyside Pension Fund Catalyst Fund to support the next phases of the development of a heat network at Liverpool Waters, taking the total Catalyst facility to £20 million. The heat network is...

news.cbre.co.uk

Peter Wallach is head of pensions at Merseyside Pension Fund. I've requested to connect with him

Henry Randolph as well

Merseyside Pension Fund backs Legacie Developments with £60m in largest funding deal to date | TheBusinessDesk.com

Pension fund notes housing completions are fraction of pre-financial crisis levels

www.thebusinessdesk.com

henry.randolph@cbre.com

https://www.cbre.co.uk/services/invest-finance-and-value/capital-markets/investment-banking/lending

Chaps. Thank you very much.

A trip to Head Office at the start of next week, it is!!
Thank you