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.

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

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

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?

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.....

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

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.

Nice opportunity for someone to start a negative thread on TotalRL Forum though?

Agreed, BLM!!!!



Pity it had to be us.

So just to be clear, he is being investigate.
He hasn't been charged with anything.
There is nothing in the article about the issue relating to us and I can't see he has done anything wrong there.

You can't post accusations or imply he has done anything guilty on here until its proved and in the public domain.

He is subject of an unexplained wealth order he now has to prove that his money is was ligitimate in building up his property portfolio. Unlike normal criminal cases the onus is not on the authorities to prove the finances are light but on the subject of the order. Like the Proceeds of Crime Act this can be seen as Draconian legislation as it reverses the burden of proof. All assets identified assets I believe will be frozen until proof that they were funded ligitimately if not they will be retained by the authorities I presume.