FORUMS > Wakefield Trinity > Leading Horses to Water |
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| As a Cas fan & a reader of these forums, but until now previously not a poster. It seemed obvious to me that the Lockwood Article in the Trade Press last week was pointing Wakefield Fans towards the direction that would lead to the answers about why your club is such a financial car crash.
Lockwood asked the simple question "Who owns the ground Ted?"
I felt that some of you may of pursued this line of enquiry, as they say you can lead a horse to water but you can't force it to drink. So as a friendly neighbor I thought I would take a drink on your behalf. The information that you need is in the public domain. If you do land search on the land registry website at a cost of £4.50 you can see that Belle Vue was sold as long ago as mid 2007 for £2,800 000 to a company based in the Isle of Man called Tillion. The land registry states that Tillion is a partnership of Southwell, the Southwell trust & Jadine; all registered in the Isle of Man.
The Land registry shows that 3 companies hold a charge on Belle Vue namely The Royal Bank of Ireland, Walkers Solicitors Leeds & Wakefield Trinity RLFC.
To the trained eye this looks like the deal structured between Wakefield Trinity RLFC and Tillion went as follows:
Sales Price: £2,800 000
Tillion raise a deposit payment from Royal Bank of Ireland who in turn take a charge on the ground in order to secure their loan to Tillion. Tillion have probably not paid their solicitors so Walkers Solicitors have also taken a charge on Belle Vue, the third charge is held by Wakefield Trinity RLFC in order to secure the balance payment on the transaction from Tillion.
So the reason why you are in a financial car crash and fighting your third winding up petition is because Tillion have not made the balance payment to Wakefield Trinity RLFC and this is likely to be a substantial figure.
So the question is, why haven't you sued Tillion?
Pleased to be of help, you should look towards Tillion as all this talk of Calla Homes and York Court buying Belle Vue is a loss leader. The buyer is Tillion and you should be chasing them.
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| Googled tillion, Southwell and Southwell trust and not a thing????
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| that's a waste of £4-50
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| I get what you're trying to say though. Ted owns the ground. Ted if u read this board yes you've kept us going but you've also led us up so many garden paths. Please stop trying to safeguard your families employment and let go. If you love this club like you say you do then let go no strings attached let someone in who has no emotional commitment to employees of the club and let them make a business minded decision on who stays and who goes. Thanks ted but quite clearly your time is up.
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| Quote: bigfan1910 "As a Cas fan & a reader of these forums, but until now previously not a poster. It seemed obvious to me that the Lockwood Article in the Trade Press last week was pointing Wakefield Fans towards the direction that would lead to the answers about why your club is such a financial car crash.
Lockwood asked the simple question "Who owns the ground Ted?"
I felt that some of you may of pursued this line of enquiry, as they say you can lead a horse to water but you can't force it to drink. So as a friendly neighbor I thought I would take a drink on your behalf. The information that you need is in the public domain. If you do land search on the land registry website at a cost of £4.50 you can see that Belle Vue was sold as long ago as mid 2007 for £2,800 000 to a company based in the Isle of Man called Tillion. The land registry states that Tillion is a partnership of Southwell, the Southwell trust & Jadine; all registered in the Isle of Man.
The Land registry shows that 3 companies hold a charge on Belle Vue namely The Royal Bank of Ireland, Walkers Solicitors Leeds & Wakefield Trinity RLFC.
To the trained eye this looks like the deal structured between Wakefield Trinity RLFC and Tillion went as follows
well i mean all that is blindingly obvious, we need a million from tillion, then an axe for the taxman, and a red card for ted.
and the things you could have got for 4.50 on the net!
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| Quote: Uptoncat "Googled tillion, Southwell and Southwell trust and not a thing????'"
Found two references to Tillion in the IOM Companies Register. One was the Tillion Partnership which was disolved on 10/6/2008. The former name of this company was 'The Waterside Property Trading Partnership'. Various documents can be viewed at £1.15 a time.
The other reference is to 'Tillion Partnership' registered on 15/6/2009. One document (the Application for Registration can be viewed for £1.15)
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| Waterside equals teds appartments
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| Quote: LyndsayGill "Found two references to Tillion in the IOM Companies Register. One was the Tillion Partnership which was disolved on 10/6/2008. The former name of this company was 'The Waterside Property Trading Partnership'. Various documents can be viewed at £1.15 a time.
The other reference is to 'Tillion Partnership' registered on 15/6/2009. One document (the Application for Registration can be viewed for £1.15)
1 you lot so have not got best value from pay to view.
2 however...............................??????????????????????????????
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| Quote: LyndsayGill "Found two references to Tillion in the IOM Companies Register. One was the Tillion Partnership which was disolved on 10/6/2008. The former name of this company was 'The Waterside Property Trading Partnership'. Various documents can be viewed at £1.15 a time.
The other reference is to 'Tillion Partnership' registered on 15/6/2009. One document (the Application for Registration can be viewed for £1.15)'"
The shirt sponsors in 2006?
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| Surely one of those 'in the know' should be able to shed some light on this situation.
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| Correct khav. Teds company
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| Oh what a tangled TED we weave.
Getting warmer.
Ready the stocks
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| Our uncle ted is so honest! Nearly as honest as cas' uncle dicky! They ought to form a new club together!!
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| Jadine should be Javine a company for which there are 33 documents available
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