BallochSonsFan Posted 4 hours ago Share Posted 4 hours ago 1 hour ago, Inanimate Carbon Rod said: So on that amount of land, how are they expecting to build enough homes to make that £1.8m back? Is anyone going to buy say a £400k house beside a football pitch that will be floodlit and used every night (if thats the end game of the all weather?), or is it going to be flats? I struggle to see how that little amount of land is going to be profitable? Combination of houses and flats. 0 Quote Link to comment Share on other sites More sharing options...
Frank Quitely Posted 3 hours ago Share Posted 3 hours ago Here's a wild take. Hosie's long ban from being a company director came from the collapse of a betting service and about £7 million quid disappeared as part of that. What if there is no Pendragon 'loan' and they are being used to bring in offshore money ? 0 Quote Link to comment Share on other sites More sharing options...
BallochSonsFan Posted 3 hours ago Share Posted 3 hours ago 13 minutes ago, Frank Quitely said: Here's a wild take. Hosie's long ban from being a company director came from the collapse of a betting service and about £7 million quid disappeared as part of that. What if there is no Pendragon 'loan' and they are being used to bring in offshore money ? I'd be surprised if that wasn't a serious and realistic consideration 0 Quote Link to comment Share on other sites More sharing options...
O'Kelly Isley III Posted 3 hours ago Share Posted 3 hours ago 23 minutes ago, Frank Quitely said: Here's a wild take. Hosie's long ban from being a company director came from the collapse of a betting service and about £7 million quid disappeared as part of that. What if there is no Pendragon 'loan' and they are being used to bring in offshore money ? As BSF has already said, that has crossed a few minds, especially as Pendragon appears to have links to companies in the Isle of Man and the Far East. It would be incredible stuff for a third tier Scottish club, but proving it might be difficult. 0 Quote Link to comment Share on other sites More sharing options...
Eadie is God Posted 3 hours ago Share Posted 3 hours ago 4 hours ago, O'Kelly Isley III said: Cognitive Capital bought the majority shareholding from Brabco and there was also a residual amount owing to a third party. I think it's fair to assume that if Cognitive weren't able or willing to fund these transactions then Pendragon were engaged for that purpose. Good to see the SFA’s fit and proper person for club ownership is working fine 1 Quote Link to comment Share on other sites More sharing options...
O'Kelly Isley III Posted 3 hours ago Share Posted 3 hours ago 9 minutes ago, Eadie is God said: Good to see the SFA’s fit and proper person for club ownership is working fine Indeed. That question was raised way back in 2021 but it seems the SFA is relaxed about clubs marking their own homework. Perhaps they are still traumatised over what happened at Ibrox all those years ago.... 0 Quote Link to comment Share on other sites More sharing options...
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