Majority Shareholding of the Club Sold

Re: Majority Shareholding of the Club Sold

Postby Keith » Thu May 03, 2018 6:46 pm

J.S. wrote:But what land is it that they could do anything with? I was under the impression that all of the pitch and stands and Christie Way are covered by the J.B. Christie trust. The 3G pitches and community block are not part of the club, so what exactly can anyone do with the land?
I might be a bit thick, but just don't understand this. Either way, I can see it all going tits up.


The car parks. All the land around the sides of the ground. Possibly the concourse in front of the main stand? Quite a lot of land.

The interview on ITV made me feel a little more confident. A little, not a lot.

It's a long week. :cry: :cry: :cry:
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So how did that work out then?
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Re: Majority Shareholding of the Club Sold

Postby Keith » Thu May 03, 2018 6:57 pm

Thanks George.

So we'd still have one car park, but no road to get to it! More land belonging to the Trust then? The main stand doesn't belong to the trust though.
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Re: Majority Shareholding of the Club Sold

Postby George Dawes » Thu May 03, 2018 7:03 pm

Keith wrote:Thanks George.

So we'd still have one car park, but no road to get to it! More land belonging to the Trust then? The main stand doesn't belong to the trust though.

Image

Can't work out how to make it bigger but you can still get to the ground and car park.

Potentially you could do some sort of swap deal with the car park for the Berlin Wall stand, community block.
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Re: Majority Shareholding of the Club Sold

Postby J.S. » Thu May 03, 2018 7:06 pm

IMG_3296.JPG
IMG_3296.JPG (202.64 KiB) Viewed 1409 times

Everything inside the red line is covered by the trust.
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Re: Majority Shareholding of the Club Sold

Postby P/T Indie » Thu May 03, 2018 7:11 pm

Doesn't Graham Hodgson own the land at the front?
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Re: Majority Shareholding of the Club Sold

Postby NPL Daze » Fri May 04, 2018 8:08 am

P/T Indie wrote:Doesn't Graham Hodgson own the land at the front?


And Nigel Adams bought some too I'm sure ??
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Re: Majority Shareholding of the Club Sold

Postby marky No.1 » Fri May 04, 2018 8:24 am

They own it jointly
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Re: Majority Shareholding of the Club Sold

Postby sandgrown » Fri May 04, 2018 4:21 pm

J.S. wrote:
IMG_3296.JPG

Everything inside the red line is covered by the trust.




who stole JB Christie's legacy :evil:
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Re: Majority Shareholding of the Club Sold

Postby captain sparkle » Sat May 05, 2018 6:24 am

Has anyone noticed the roadworks that have been on the corner of Westcliffe drive/Westgate for the past 2 weeks? I presumed it was for sewage/water or similar, but it looks strange now they've gone, there's a trench from Westcliffe Drive across Westgate, across the pavement & then fizzles out in the middle of the start of the wasteland twixt Hurley Flyer & the new estate! :?:
just sayinggg
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Re: Majority Shareholding of the Club Sold

Postby Gone_Shrimping » Sat May 05, 2018 7:17 am

captain sparkle wrote:Has anyone noticed the roadworks that have been on the corner of Westcliffe drive/Westgate for the past 2 weeks? I presumed it was for sewage/water or similar, but it looks strange now they've gone, there's a trench from Westcliffe Drive across Westgate, across the pavement & then fizzles out in the middle of the start of the wasteland twixt Hurley Flyer & the new estate! :?:
just sayinggg


Yes , I thought it looked a bit strange :o :o
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Re: Majority Shareholding of the Club Sold

Postby Gone_Shrimping » Sun May 27, 2018 7:54 pm

BerlinWaller wrote:Has Burnard left the building? Is that the end of the G50 story? Did he send the SOS to Cala when he knew the gig was up?


He has not left the building yet. In the Strategic Report on the latest accounts of the club it states that "G50 Holdings Limited has agreed a sale of the majority shareholding in the company to Bond Group Investments Limited , which is awaiting ratification".

Until it is ratified Mr Burnard does have an interest in Morecambe FC and is entitled to a seat on the board.
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Re: Majority Shareholding of the Club Sold

Postby redrobo » Mon May 28, 2018 4:24 pm

Gone_Shrimping wrote:
BerlinWaller wrote:Has Burnard left the building? Is that the end of the G50 story? Did he send the SOS to Cala when he knew the gig was up?


He has not left the building yet. In the Strategic Report on the latest accounts of the club it states that "G50 Holdings Limited has agreed a sale of the majority shareholding in the company to Bond Group Investments Limited , which is awaiting ratification".

Until it is ratified Mr Burnard does have an interest in Morecambe FC and is entitled to a seat on the board.


May retain a minor number of shares and his seat on the Board just as Peter McGuigan may have done.
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