Re: Manni Hussain : Wed Jan 15, 2020 2:38 pm  

Dunkirk Spirit wrote:

We’ve had no news on the ground redevelopment since the London last game of season. Could this criminal investigation be part of the reason for no news. I also wonder where this unexplained wealth came from, possible land developers, some of those people make millions from land deals.

As others have said I doubt it'll have any effect on us, I don't know though. Just glad there's one less (imo) dodgy money grabber out of the equation, shame it came at an over inflated cost for the ground - but silver linings and all that.

Re: Manni Hussain : Wed Jan 15, 2020 3:34 pm  

You couldn't write it. We are all set to buy the ground at a decent price and then after being advised not to by a stadium guru, who then sets up his own community trust and then its snapped up and relisted at a huge profit by what seems to be a frontman for a crime syndicate?

Why always us!

Re: Manni Hussain : Wed Jan 15, 2020 4:01 pm  

88M paid a reported 600K in 2016 for it, in 2019 The club took out a loan for 3 million to buy it hopefully the NCA will look at the purchase by and the sale of it. if it was purchased for the reported amount and with unexplained wealth then sold to the Council for a higher sum then that could possibly be seen as the proceeds of crime the Council and the club may be perceived as victims from an organisational sense.

Re: Manni Hussain : Wed Jan 15, 2020 4:16 pm  

If you purchase a stolen car that has had the plates changed the car is normally returned to the original owner leaving the new purchaser without an asset and a loss of the price paid, are we to loose ownership of the stadium good gawd it couldn't get any worse.

Re: Manni Hussain : Wed Jan 15, 2020 5:06 pm  

snowie wrote:

If you purchase a stolen car that has had the plates changed the car is normally returned to the original owner leaving the new purchaser without an asset and a loss of the price paid, are we to loose ownership of the stadium good gawd it couldn't get any worse.

He didn't nick the stadium, he bought that legitimately as far as I can see.

They are investigating where his money comes from not how he spends it. I'm fairly sure the woman who spent 3 million at Harrods hasn't had to hand it back. If guilty I assume the Crown seizes the goods as part of the assets as a way of a fine. They don't seize the assets that someone else has bought from them in the meantime, the economy would collapse if that were the case. So long as 88M paid the Auction house and we paid 88M then as far as I can see we are in the clear.

However, this stadium saga has more twists than an episode of Dynasty so anything is possible and if there is ever going to be a fall guy for this it's bound to be us

Re: Manni Hussain : Wed Jan 15, 2020 5:57 pm  

Fishermanscap wrote:

He didn't nick the stadium, he bought that legitimately as far as I can see.

They are investigating where his money comes from not how he spends it. I'm fairly sure the woman who spent 3 million at Harrods hasn't had to hand it back. If guilty I assume the Crown seizes the goods as part of the assets as a way of a fine. They don't seize the assets that someone else has bought from them in the meantime, the economy would collapse if that were the case. So long as 88M paid the Auction house and we paid 88M then as far as I can see we are in the clear.

However, this stadium saga has more twists than an episode of Dynasty so anything is possible and if there is ever going to be a fall guy for this it's bound to be us

he may of bought it with illegal gains of does dirty money become clean money over night

Re: Manni Hussain : Wed Jan 15, 2020 6:02 pm  

snowie wrote:

he may of bought it with illegal gains

Yeah, I get that but unlike the car example, he didn't actually steal it ie all those involved had no reason to believe BV was stolen because technically it wasn't.

That said I'm no lawyer so I can't say for certain you're wrong, I wish I could, just doesn't sound likely to me.

Any GENUINE legal eagles on here, I think Slugger comes from that background?

Re: Manni Hussain : Wed Jan 15, 2020 6:04 pm  

snowie wrote:

he may of bought it with illegal gains of does dirty money become clean money over night

So £3m goes back to Trinity/WMDC. Asset gets returned to the BOI, Trinity purchase the site from the BOI for £600k plus whatever was paid for superbowl. Job done.







If only.....

Re: Manni Hussain : Wed Jan 15, 2020 6:30 pm  

Fishermanscap wrote:

Yeah, I get that but unlike the car example, he didn't actually steal it ie all those involved had no reason to believe BV was stolen because technically it wasn't.

That said I'm no lawyer so I can't say for certain you're wrong, I wish I could, just doesn't sound likely to me.

Any GENUINE legal eagles on here, I think Slugger comes from that background?

I actually think it was a steal at that price they paid for it, I'm still waiting for oil to spurt out of the middle of the pitch

Re: Manni Hussain : Wed Jan 15, 2020 6:47 pm  

Nobody in his business makes that much money without shafting someone along the way, they ought to strip him and his parasite mates of everything.