chunky Posted May 29 Report Share Posted May 29 2 hours ago, midlandred said: Or the Liquorice Allsorts? Wouldn't that be racist? Quote Link to comment Share on other sites More sharing options...
*JJ Posted May 30 Report Share Posted May 30 19 hours ago, chunky said: Wouldn't that be racist? What isn't, these days? 4 Quote Link to comment Share on other sites More sharing options...
frigbo Posted June 1 Report Share Posted June 1 https://find-and-update.company-information.service.gov.uk/company/00263234/charges/P_gD41Jt_s0RM8sP4xXn706AlFU Mmm..... Quote Link to comment Share on other sites More sharing options...
ch958 Posted June 1 Report Share Posted June 1 what does the above mean/ suggest? Quote Link to comment Share on other sites More sharing options...
frigbo Posted June 1 Report Share Posted June 1 10 minutes ago, ch958 said: what does the above mean/ suggest? L&G Affordable Homes have paid GI a deposit for a charge over the Abbey Stadium plot with an intention to buy and develop it. 1 Quote Link to comment Share on other sites More sharing options...
Toady Posted June 1 Report Share Posted June 1 1 hour ago, frigbo said: L&G Affordable Homes have paid GI a deposit for a charge over the Abbey Stadium plot with an intention to buy and develop it. So they become the mortgage/asset holder if Osbourne defaults or sells in the future along with Lloyds ? Quote Link to comment Share on other sites More sharing options...
frigbo Posted June 1 Report Share Posted June 1 22 minutes ago, Toady said: So they become the mortgage/asset holder if Osbourne defaults or sells in the future along with Lloyds ? It could be interpreted that Osborne is looking to move the stadium land on. I wonder if his recent planning change for that land has been pushed back? Quote Link to comment Share on other sites More sharing options...
frigbo Posted June 1 Report Share Posted June 1 https://thefinalwhistle.uk/2024/06/01/swindons-abbey-stadium-sold-for-housing-development/ 1 Quote Link to comment Share on other sites More sharing options...
Toady Posted June 1 Report Share Posted June 1 (edited) 1 hour ago, frigbo said: It could be interpreted that Osborne is looking to move the stadium land on. I wonder if his recent planning change for that land has been pushed back? You could be right, reading through to charge docs ( heavy reading) it looks like a sort of remortgage with LG so either way osbourne gets more cash and is able to continue activities at the stadium going forward until he’s finished with it and then they will redevelop it subject to planning (there’s a laugh not) I had this post ready before your latest I will read article Edited June 1 by Toady Quote Link to comment Share on other sites More sharing options...
Toady Posted June 1 Report Share Posted June 1 (edited) 13 minutes ago, frigbo said: https://thefinalwhistle.uk/2024/06/01/swindons-abbey-stadium-sold-for-housing-development/ Yes they show the header page of the docs I’ve just read as I say it looks as though he can carry on using it before cashing in his chips Edited June 1 by Toady 2 Quote Link to comment Share on other sites More sharing options...
M.D Posted June 2 Report Share Posted June 2 12 hours ago, Toady said: Yes they show the header page of the docs I’ve just read as I say it looks as though he can carry on using it before cashing in his chips Legal & General do a lot of construction work, they own CALA homes and do developments such as the one I'm involved in which is a retirement complex with a nursing home, village core and cottages, if they get their hands on it they will build on it in some form. They do a lot more than insurance and finance. 1 Quote Link to comment Share on other sites More sharing options...
Toady Posted June 2 Report Share Posted June 2 3 hours ago, M.D said: Legal & General do a lot of construction work, they own CALA homes and do developments such as the one I'm involved in which is a retirement complex with a nursing home, village core and cottages, if they get their hands on it they will build on it in some form. They do a lot more than insurance and finance. Thanks, I was aware of That, I think we know that the idea was to build on it all along this is just another step along the way.Osbourne has spread his risk by offloading bits and pieces to anyone who will give him cash up front. Swindon Council should stand firm against any future planning requests for the actual stadium, but somehow I do not believe they will especially with the prospect of a labour gov who have said they will allow more building more or less anywhere. Quote Link to comment Share on other sites More sharing options...
frigbo Posted June 2 Report Share Posted June 2 25 minutes ago, Toady said: Thanks, I was aware of That, I think we know that the idea was to build on it all along this is just another step along the way.Osbourne has spread his risk by offloading bits and pieces to anyone who will give him cash up front. Swindon Council should stand firm against any future planning requests for the actual stadium, but somehow I do not believe they will especially with the prospect of a labour gov who have said they will allow more building more or less anywhere. Building on the plot was obviously GI's plan from day one back in the mid-noughties, as many realised. I'm sure the original plan was for Osborne to develop the whole plot himself, but as you say, he's now offset some risk and potential planning pain by selling the stadium footprint. I'm sure L&G wouldn't be in the business of buying this if they didn't have some assurance that the planning change of use is likely to get pushed through. Quote Link to comment Share on other sites More sharing options...
Toady Posted June 2 Report Share Posted June 2 21 minutes ago, frigbo said: Building on the plot was obviously GI's plan from day one back in the mid-noughties, as many realised. I'm sure the original plan was for Osborne to develop the whole plot himself, but as you say, he's now offset some risk and potential planning pain by selling the stadium footprint. I'm sure L&G wouldn't be in the business of buying this if they didn't have some assurance that the planning change of use is likely to get pushed through. Sadly this is probably the case L&G would see this as a good investment as the likely hood of getting planning permission some time in the future is as you say is almost assured and of course Osbourne gets his money without all of the hassle before retirement. l notice that George Edwards is no longer a director of Gaming maybe he’s the start of the wind down ? 1 Quote Link to comment Share on other sites More sharing options...
orion Posted June 2 Report Share Posted June 2 The normal suspects .. Tomlinson , Robbins and Adam making the normal noises about having meetings and stopping this and taking action etc Of course then nothing any happens and the work just carries on . When this idiot and Taylor Wimpey puppet Oli Stone get's in it should make it easy for Osborne and co 1 Quote Link to comment Share on other sites More sharing options...
Popular Post THE DEAN MACHINE Posted June 2 Popular Post Report Share Posted June 2 I said this before, as much as Osbourne is what he is he isn’t breaking the law and all his decisions are business decisions, if speedway was a cash cow he would be working in our favour, the council will do whatever the cash dictates,, council support for a track closed or otherwise means nothing but on the other foot speedway needs the council to run, it all boils down to money unfortunately and it rarely falls in speedways favour, even in oxford’s case if it wasn’t for the greyhound guy buying the rights to the stadium would speedway even be back ? Unfortunately moral people don’t run the world 13 Quote Link to comment Share on other sites More sharing options...
Toady Posted June 2 Report Share Posted June 2 7 hours ago, orion said: The normal suspects .. Tomlinson , Robbins and Adam making the normal noises about having meetings and stopping this and taking action etc Of course then nothing any happens and the work just carries on . When this idiot and Taylor Wimpey puppet Oli Stone get's in it should make it easy for Osborne and co Yeh so much for all of them and still no mention of the planning infringements that are taking as long to investigate as the whole sorry saga since 2008. 1 Quote Link to comment Share on other sites More sharing options...
Ovalman Posted June 4 Report Share Posted June 4 Was talking to one of the ex-sponsors yesterday, he said the club ran out of money Quote Link to comment Share on other sites More sharing options...
Daniel Smith Posted June 4 Report Share Posted June 4 10 hours ago, auntie doris said: Was talking to one of the ex-sponsors yesterday, he said the club ran out of money Nearly every single club is broke, sponsorship is the only thing keeping this sport alive 1 Quote Link to comment Share on other sites More sharing options...
Toady Posted June 10 Report Share Posted June 10 The council have spoken (it must be election time)https://www.swindonadvertiser.co.uk/news/24375749.swindon-council-leader-says-abbey-stadium-will-not-used-housing/ 1 Quote Link to comment Share on other sites More sharing options...
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