Posh wrote:Knightrider wrote:Posh wrote:We need to remind ourselves that this land was bought, owned and controlled by Peter McGuigan with money from the sale of Christie Park and land that was under the control of the JB Christie Trust. If this land had been kept under trust none of this would be being discussed. He effectively took a huge parcel of land for himself outside of the football club’s ownership and put us in this mess.
The boundaries are a serious problem but only apparent when the ground was complete and it had been carved up did we know.
Yes Venture could buy the land and put some sort of road through. They, other than the football club, are the only realistic buyers. You would hope that the club, the Shrimps Trust and the City Council who put the community use order on the land would oppose it and block any sale or development. However, I think only the fans working together will be able to spur others into action.
With respect Posh, is your statement correct?
My understanding what that all the land at Westgate was sold by Lancaster City Council to MFC Ltd without any tendering process well below its market value for the absolute bargain/give away price of 1.5 million and all of it was under the conditions of the JBC Trust.
What followed was parceling off of the formerly owned public asset to create revenue to fund the unsustainable operations of a failing administration which is why so many of the Directors since 2009 have jumped ship.
Yes. I believe i’m correct. The pitches and land at the back were incorporated under PMG Leisure - sole owner PMG
https://beta.companieshouse.gov.uk/comp ... nt-control in July 2010, a month before the Globe Arena opened.
It may well be that it was separated off in order to raise additional capital but it was in his ownership. You’ve got to wonder why, a month before the ground opened, that the club needed additional capital to operate?
As for your comments about the JB Christie Trust, the land at the year and the front was always excluded from the land acquired by the club. See the plan dated May 2010 here
https://shrimpstrust.co.uk/campaigns/jb-christie-trust.
Thanks for the clarification Posh.
As regards your key question
It may well be that it was separated off in order to raise additional capital but it was in his ownership. You’ve got to wonder why, a month before the ground opened, that the club needed additional capital to operate?
I suspect that the building contractors they contracted with on a D&B contract, Globe Management Services/Globe Construction put in claims for additional costs and despite cutting the spec (viz not all terraces covered) cost control was lost and the project went over budget.
I priced tender documents for one of the trades for a sub contractor received from Michael Stainton who had been invited to tender as a principal contractor by the club. It was apparent then the project clearly had been inadequately designed due to a ridiculously short pre contract design/planning period but thats a major problem when clients decide to go down the D&B procurement route and put all their trust and faith in the contractor to deliver on time and on budget.
Also dont forget Globe did most of Sainsburys construction projects.
As you correctly stated in a previous post/thread the MFC Ltd project management team led by LCC Chief Building Control Officer Brian Fagan who became a Director of the club delivered a "dogs dinner" and were out of their depth as they did not possess the necessary expertise or have the experience to be competent Project Managers/Contract Administrators.
Did the club receive all the sponsorship money from Globe which no doubt they included in the final account before they went bust?