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 Black Friday?

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Grafter



Number of posts : 2079
Registration date : 2007-12-07

PostSubject: Black Friday?   Fri Nov 25, 2016 7:42 am

https://m.facebook.com/groups/782314215165389 . Answers please.
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Grafter



Number of posts : 2079
Registration date : 2007-12-07

PostSubject: Re: Black Friday?   Tue Dec 13, 2016 11:43 pm

Well the silence and total lack of facts continues. Personally I believe its time for the sport to consolidate all its efforts behind the the stadia which are owned outright and stop throwing money at rented stadia full stop!
More money going back into these stadia would see more security for them and more investment.
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Grafter



Number of posts : 2079
Registration date : 2007-12-07

PostSubject: Re: Black Friday?   Mon Dec 19, 2016 9:35 am

Who are the people behind Brandon estates Jersey Ltd?
Lets take a look at what information is currently freely available....
https://www.jerseyfsc.org/registry/documentsearch/NameDetail.aspx?id=300208 (registered 29th August 2014 and previously called Investin Brandon Jersey Ltd until 9th October 2015) . Unlike companies house beta documents have to be paid for.
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Grafter



Number of posts : 2079
Registration date : 2007-12-07

PostSubject: Re: Black Friday?   Sat Jan 07, 2017 12:32 am

Well we have still to hear the promised announcement from JH and co.
But here is an interesting list of payments made to Midland sports stadiums directors back kn 1982.
Certainly at this time the company showed no signs of financial difficulties....
Posted 19 November 2010 - 09:10 AM
Incorporated as Coventry Stadium Ltd in 1936 and principally owned by the Saunderson family

Changed name to Midland Sports Stadiums in 1950 (which probably co-incides with acquisition of Leicester)

Ownership @ 30/6/82:

Saunderson family 47.3%
Ochiltree family 20.6%
W P Gilmour 12% (who was he?)
Others 20%

I think it highly likely the Saunderson's stillhad effective control in 1982

Directors remuneration was interesting:

1982 total: 82,000 (226k in current prices)
of which:

Charles Ochiltree 28,000 (77k in current prices)
B Saunderson 17,000 (47k in current prices)

nb in 1974 Ochiltree received 14,181 (108k in current prices) [In comparison at Leicester Reg Fearman and Ron Wilson each took 3,400 (or 26k each at current prices)]

MSS Ltd's 1972 Profit before tax (but after Directors remuneration of 22k) was 49k (or 490k in today's prices)
Also of minor interest is that Charles Ochiltree's son Martin was also a director https://www.companysearchesmadesimple.com/company/uk/00320157/midland-sports-stadiums-limited/#people
Now though Martin Ochiltree has moved on a fair bit and is owner of MSO properties, in Coventry (real estate development) https://www.companysearchesmadesimple.com/company/uk/00320157/midland-sports-stadiums-limited/#people
Now this is pure speculation on my part but I wonder if the Ochiltree's had a caveat in the sale of Coventry Stadium to Sandhu? Also councillor Stokes is said to have mentioned that Brandon Estates are not the owners but are only acting on the behalf of a single owner of the stadium.
It would be interesting to hear what the likes of Buildbase or Tengtools make of the proceedings.
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Grafter



Number of posts : 2079
Registration date : 2007-12-07

PostSubject: Re: Black Friday?   Sat Jan 14, 2017 1:35 pm

A nice review of the events so far http://forum.historiccoventry.co.uk/main/forum-posts.php?s=0&id=59288&q=&member=&cat_id=4&show_cats=all&var1=
And what looks to be the official take over date here http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=344129111
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PostSubject: Re: Black Friday?   Today at 8:49 am

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