New Stadium Details And Discussions

[CoopsieDeadpool]

Make sure you don't get dragged into a slagging match, coopsie. It's not worth the repercussions.

Absolutely, Stoof. I've never got involved with anything other than plain old discussion & I've not once risen to his attempts to get me to respond to his goading. I even took photos of his admission on twitter (that he is just holding up the project for as long as possible) and added those pics to the emails I sent to Pickles & Levy, before the CPO was granted.

For once in my life, I've got no interest whatsoever in getting involved in a slagging match with them. They're just being stubborn and, in my opinion, are allowing their stubbornness to dictate their actions. I think they're perfectly aware that their appeal will be dismissed, just as I'm certain that their solicitors are far from acting in the best interests of their clients, and are simply ensuring they earn as much as possible from all of this.

It seems extremely likely that Pickles made sure the decision was watertight (hence the massive delay), so the only thing Archway are likely to come away with, is a monumentally huge legal bill. I believe they'll not only have their own legal costs to cough up, but also the costs of the THFC/Council legal team?

 

[CoopsieDeadpool]

I would agree with Stoof's reply, there's just no way of knowing what Peter is thinking. By 'following' you it could be that he is 'monitoring' you and maybe others who have contacted him on Twitter looking for anything he can use as 'evidence' and even an innocent joke comment could be taken out of context.

He has no need to 'monitor' me, though. As I said before, I've had perfectly reasonable chats with him (before the CPO decision) and it's always ended with him being hostile to me. Believe me, he (or any member of his family) will get no malice whatsoever from me.

Heck it's only a couple of months ago (after discovering he is monitoring the site) that I openly requested he stepped out of the shadows & join the site so he can put his point across personally. Sadly he paid no attention & we've never had a post from him on here. I stand by that invitation, it would be excellent if he'd actually let us know what the real reasons for everything are.

So, PETER JOSIF, if you're still monitoring the site, please join the site and put your point across. Maybe supporters would understand you better if you made that one simple step

 

[BehindEnemyLines]

I can't remember if I read it on their site, or whether Peter Josif told me on twitter, but I definitely remember reading that significant amount of their business (40% I think) is actually from customers overseas.

Yes, the notion of the local community being their main customerbase just because there's a few kebab shops about is somewhat daft - afterall, how often do they need to replace a kebab grill????? Once it's installed then that's the last they'll see of them for a good 10+years.

 

[muppetman]

My real concern is why did Pickles take so long to approve the CPO? Could it be that the Josif's have a point and Pickles said yes to the CPO on political grounds rather than legal ones? I really fucking hope not after all this time - but this is Spurs.

 

[shelfmonkey]

Same happened at the Emirates. The companies that held out for the big windfall lost out big time.

If Archway don't know this they are either much more stupid than we think or they are backed by a party or parties with some kind of vested interest of which I know nothing!!!!

 

[shelfmonkey]

@robMDK @Katspur71 @nicktheyid61 @THSTOfficial I was just reading this. They have got to be funded by someone they can't afford legal costs
Expand[/quote]

I think someone with excellent skills should get on the case regarding this. This has been my suspition since the appeal!!

 

[shelfmonkey]

Absolutely, Stoof. I've never got involved with anything other than plain old discussion & I've not once risen to his attempts to get me to respond to his goading. I even took photos of his admission on twitter (that he is just holding up the project for as long as possible) and added those pics to the emails I sent to Pickles & Levy, before the CPO was granted.

For once in my life, I've got no interest whatsoever in getting involved in a slagging match with them. They're just being stubborn and, in my opinion, are allowing their stubbornness to dictate their actions. I think they're perfectly aware that their appeal will be dismissed, just as I'm certain that their solicitors are far from acting in the best interests of their clients, and are simply ensuring they earn as much as possible from all of this.

It seems extremely likely that Pickles made sure the decision was watertight (hence the massive delay), so the only thing Archway are likely to come away with, is a monumentally huge legal bill. I believe they'll not only have their own legal costs to cough up, but also the costs of the THFC/Council legal team?

I'm really struggling to understand Archway's motive for holding up the development, if as it seems, knowing it's going to possibly ruin them financially!

They must be being bankrolled or have spent the last 7 or so yesrs stashing cash in kowledge that they would be stringing this out till the very end!!

 

[Flashspur]

I can quote Peter Josef on this one, mate. "The area can still be redeveloped without you getting a new stadium, it (the area) doesn't need Tottenham or a new stadium".. When I pointed out that the stadium development is central to the full £1billion project that the council and Government stated was to happen to N17, Peter simply repeated his belief that the area doesn't need the stadium or the club.

i'd wager that THFC has been there longer than Archway. Perhaps 'the area does not need Archway' would be a more accurate appraisal of the issue?

 

[matthew.absurdum]

The josif family must be sad that almost none of the spurs fans give a shit about them anymore after the cain hoy news

Attention seeking failure

 

[cliff jones]

The josif family must be sad that almost none of the spurs fans give a shit about them anymore after the cain hoy news

Attention seeking failure

What do you mean mate? Sorry, unless I've missed some key news, why would you assert that archway is suddenly irrelevant? They are the biggest single barrier to the evolution of our club.

 

[worcestersauce]

What do you mean mate? Sorry, unless I've missed some key news, why would you assert that archway is suddenly irrelevant? They are the biggest single barrier to the evolution of our club.

Not sure that the Cain Hoy news affects how we feel about them but I din't think Archway are so much a barrier just a hurdle to get over, we will get over it but it will slow down our run, they can't stop us they are just being a bloody nuisance.

 

[Lilbaz]

I'm really struggling to understand Archway's motive for holding up the development, if as it seems, knowing it's going to possibly ruin them financially!

They must be being bankrolled or have spent the last 7 or so yesrs stashing cash in kowledge that they would be stringing this out till the very end!!

They're probably over the moon. Hoping CH will come in and offer them a shitload of money to move out quickly.

 

[michaelden]

They're not actually being greedy. If I was in their shoes I would do exactly the same thing. Business is business.

Why shouldn't they ask for £25m, or whatever the actual amount is? They are after all a business, and not a charity. I would do exactly the same as them were I in their position. And I've a feeling I wouldn't be the only one. Anyone who doesn't is a fool imo.
The law allows them to appeal a CPO, and they are. If the builders were outside, trowels at the ready, I believe Levy would have settled with them.

I would negotiate above the value, but to push for 1250% of current retail value shows a serious lack of common sense; And quite possibly business acumen.

 

[michaelden]

They own the property, they can ask whatever they want for it. How would anybody put a price on it? The value of something is what somebody is prepared to pay for it. We haven't paid because we are not prepared yet.
If Peter Josif was socially or environmentally obsessed, then his demands would be outrageous. But he obviously isn't. And we have to deal with it.

They can ask... or a CPO can grant them a fair amount after adjudication. I highly doubt the fair amount will be closer to the wanted £25M than the realistic £4M

 

[al_pacino]

They do need to be compensated not just in the purchasing of the land but also the relocation cost. Using the example of who I work for I know it would be a nightmare(moving machinery, loss of orders due to temporary shut down etc). I don't know how you'd put aprice on it.

 

[longtimespur]

Cain Hoy haven't made an actual offer and don't need to until 10th October. Archway had already set this appeal in motion before the CH interest so I don't see it as relevant. They may well be pleased that an offer could come in from CH that Spurs may accept and then they might well rub their hands together expecting a big buy out.

 

[longtimespur]

What's the relevance of this statement ?

Tottenham Hotspur Limited (“THFC”)

Rule 2.10 Announcement

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the "Code"), THFC confirms that, as at the close of business on 12 September 2014, it had 213,102,209 ordinary shares of 5 pence each in issue. The International Securities Identification Number for THFC shares is GB0008962986.

 

[Wine Gum]

If the offer was made at the reported £1B then that equates to £4.69 per share. That would give me £7K for my 1500 shares

 

[longtimespur]

If the offer was made at the reported £1B then that equates to £4.69 per share. That would give me £7K for my 1500 shares

So is the relevant to the Cain Hoy interest or something that is normally published? I don't remember ever seeing it on the official site in this form before. IE: a separate statement as it is today.

 

[cliff jones]

They do need to be compensated not just in the purchasing of the land but also the relocation cost. Using the example of who I work for I know it would be a nightmare(moving machinery, loss of orders due to temporary shut down etc). I don't know how you'd put aprice on it.

furry muff mate but the other 70 or so firms faced the same or similar issues and reached agreement. This lot are a bit different, a bit "special".