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Question.

Posted: Thu Jul 14, 2011 6:42 pm
by nick
Did KC own RDFC and Nene Park all as one entity before selling the football side to The Beasants?

Re: Question.

Posted: Thu Jul 14, 2011 6:45 pm
by davealbon
No. The football club and the land were split into two separate entities when they were handed over to the Supporters' Trust by the Griggs Group. The idea was that this would protect the football club, but in fact it turned out to do the opposite. :cry:

The land is still owned by the original Supporters' Trust which in turn is owned solely by KC's company Conalgen.

Re: Question.

Posted: Thu Jul 14, 2011 6:50 pm
by nick
Cheers.

Re: Question.

Posted: Thu Jul 14, 2011 7:00 pm
by coltrane
Like lambs to the slaughter! :cry:

Re: Question.

Posted: Thu Jul 14, 2011 9:27 pm
by mac
Complete stitch up not sure he set out with the plan in mind but certainly finished the club on his own, no matter what he says

Re: Question.

Posted: Thu Jul 14, 2011 10:44 pm
by rushdenrushden2
could make alot of money of land in 2013

Re: Question.

Posted: Fri Jul 15, 2011 10:51 am
by STAGMAN
Heard Rumours that poppies have signed a 4 yr lease

Re: Question.

Posted: Fri Jul 15, 2011 11:39 am
by Dazzler
Yes I guess 2015 is the year....

Re: Question.

Posted: Fri Jul 15, 2011 1:18 pm
by Trek
Dazzler wrote:Yes I guess 2015 is the year....
To be used for what? Demolition costs on the ground would be very high, housing wouldn't ever be permitted in that location and there's plenty of vacant industrial units/offices in the county and don't forget that KC already has planning consent for a hotel which he clearly can't afford to build.

So hardly the nest egg that some people think Nene Park is.

Re: Question.

Posted: Fri Jul 15, 2011 1:48 pm
by diamondphil
Still, the land/buildings can be used against mortgages and other financing deals.....