Jordan DOES NOT own SP. It is currently owned by a development company fronted by a Spurs Director.
Jordan has the right to purchase it for £15m (Noades sold last year for £12m) - and he's been trying to raise the funds all year......... unsuccessfully.
Currently Palace have to pay over £1.1m PA to Structdene (more than they paid Noades)- the company that holds the freehold - this income is what Jordan is hoping will attract investors in SP.
If Jordan is unable to find funding, then the freehold price has a built in inflation busting annual rise (ie he'll have to pay £18m in 18 months time).
Did I not say that, albeit slightly less elegantly and without so much detail ; - )
[cite]Posted By: ltgtr[/cite]so, if i'm reading this right, for roughly the price of one darren bent we could, in theory, buy both the nou den and selhurst ?...how times change...
you'd have to take on their multi-million a year debts though.....
[cite]Posted By: ltgtr[/cite]so, if i'm reading this right, for roughly the price of one darren bent we could, in theory, buy both the nou den and selhurst ?...how times change...
you'd have to take on their multi-million a year debts though.....
[cite]Posted By: PeanutsMolloy[/cite]Well, Charmim supersize toilet roll is 21.3p per 100 sheets, therefore £0.00213 per sheet, slightly more expensive than 1 Millwall share at £0.002.
[cite]Posted By: Addickted[/cite]Henry,
Jordan DOES NOT own SP. It is currently owned by a development company fronted by a Spurs Director.
Jordan has the right to purchase it for £15m (Noades sold last year for £12m) - and he's been trying to raise the funds all year......... unsuccessfully.
Currently Palace have to pay over £1.1m PA to Structdene (more than they paid Noades)- the company that holds the freehold - this income is what Jordan is hoping will attract investors in SP.
If Jordan is unable to find funding, then the freehold price has a built in inflation busting annual rise (ie he'll have to pay £18m in 18 months time).
[cite]Posted By: Addickted[/cite]Henry,
Jordan DOES NOT own SP. It is currently owned by a development company fronted by a Spurs Director.
Jordan has the right to purchase it for £15m (Noades sold last year for £12m) - and he's been trying to raise the funds all year......... unsuccessfully.
Currently Palace have to pay over £1.1m PA to Structdene (more than they paid Noades)- the company that holds the freehold - this income is what Jordan is hoping will attract investors in SP.
If Jordan is unable to find funding, then the freehold price has a built in inflation busting annual rise (ie he'll have to pay £18m in 18 months time).
Comments
Did I not say that, albeit slightly less elegantly and without so much detail ; - )
you'd have to take on their multi-million a year debts though.....
scarborough mk II & III :-)
Ha Ha! Brilliant!
Rock Investments
Couldn't agree more !
that link should warn us *contains an image of jordan*