OK let's have some fun.

Let's suspend our disbelief and say that Ted rather than wearing a black hat is only wearing a light grey one. So the story goes....

A few years back after the Thornes fiasco Ted saw the future was bleak. He saw the credit crunch and the image rights issue coming and he reasoned that if we didn't find a plan B for the ground pronto we would go bust in 18 month. So what he did was to take the clubs only real asset out of the equation for safe keeping. Knowing that should plan B fail we go into administration the ground would be safe in his hands and would be given to the new club with a little to him for his time. I know some of you are frothing at the mouth already but bare with me.

What our Arthur Daley protector didn't bargain for was his own personal financial demise. Which is the reason I suspect the wheels have come off and it's not going as smoothly as he hoped. I could plump out this theory but I reckon you all get the gist.

Now I hear you say Vasty has finally lost it - well I never had it so your wrong.

You sse there is one thing or should I say person who's part in all this has been nagging at me.

Step forward Sir Rodney Walker. Anyone who has had dealings with Rod as I like to call him will know one thing. He is a cool and calculating business man, in fact I'd go further, he is plain ruthless! So why would a man of his calibre stump up 100k to save the club. This is a man with a major shareholding in the club I believe who has the knowledge and the apparatus to know exactly what's happening. I find it impossible to believe he was hoodwinked into paying that money 2 month before the company fell. Rod is not a paternalistic kind of guy, he simply wouldn't splash out 100k of his own based on sentiment - come on!!!! He wasn't to know the IR would demand the next batch of cash immediately and take us to court. However he would have assessed the situation and at least thought it possible nay likely with our recent history. With that knowledge it's a risk I would never expect him to take... unless.

So why did he and why isn't he jumping up and down right now. If you like a conspiracy theory chew on that one and wonder who owns what



NOTE: I really am out of the loop, in fact I now believe I was never in it which I'm glad about. So the above is just an idea based on guessing and does not involve any insider info - but I thought it worth a mention.

Theories, theories, theories to be honest I'm fast losing the will to live over this one a bit of honesty is all that is being asked and we aint seeing any.

Don't think we'll get that until we get rid of them. Hopefully soon.

Well Vasty my take on yours is;
Sir Rod was definately hoodwinked but not by the club, but by the decision to call in the planning to a PI. His statements after are testament to that. He obviously thought with his position and standing within the political arena that his money was guarenteed to return when the full planning was granted with the payment from the developers.

I know but as the theories go on here it's fun and almost plausible. I agree but the likes of TRB and Feline (think how let down they must feel) have been dealing with the club on a daily basis for years and don't get the truth or at least not straight away so what chance us.

Maybe, but I doubt it. He would have been confident but he wouldn't have taken the risk even if he perceived it as slight - not with his own cash anyway.

I do feel sorry for them and for the likes of those in WISCA who have defended Ted and the Club every step of the way. I said when the 'give a grand scheme' was first announced that the truth must be really bad now I can only imagine how bad the real truth is.

If,after the smoke as cleared,the actions of Board prove to have been in the best interest of the club,and its future.Will the lynch mob bay for a statue of Ted,at NM.

no but if help is required i would gladly put the rope round is neck before the lever is pulled. aaaaaarrrrrrrrgggghh

M,i lord, i rest my case.

Why would he deserve a statue over say Neil Fox or David Topliss?

I don't know enough about it, but your post is my suspicion, as I put on the other thread. I have never heard anyone complain that 2.8million was an undervalue, and I have never heard anyone complain that someone has bought Belle Vue, providing much needed capital, and is allowing us to play in it until we get a new ground. He should have been open about it though, because separate companies would have still kept the creditors away, even with the same directors.

Over the years, he has seemingly employed people based on kin rather than skill, and the club has seemed amateurish at times, and perhaps there has been some ineptness at times too, but I don't go with the theory that he has somehow milked the club for his own ends.

The club will be a better place when he has gone, because we will probably have someone with more dosh to help build the club, but he has kept the plates spinning for the last eleven years, and that must have been a feat in itself at times.

I don't think that the £2.8m would be too far away from a realistic value. The rule of thumb for propoerty development is that the sale value of the completed development should be around 1/3 land, 1/3 development cost, 1/3 profit.

If there are around 100 houses with an average value of £85k to £90k (IMO realistic) then £2.8m for the land is there or therabouts.

but what if luxury flats were built could you double the profit

The planning permission is for about 100 houses, not luxury flats.

And let's face it, how many owners of "luxury" flats would choose to have the panoramic views over Agbrigg???

Vasty, forgive me if I'm wrong here, but you were lording it over us plebs for daring to work out what going on only a few days ago, and now you've set yourself up as fecking Columbo!!!!
Parity if you please!!!!

When did I lord it over anyone, clearly the likes of me have POSSIBLY been duped more than most. I understand the fury and anger but I also understand it gets you know where whilst reason and diplomacy does. As for you being a pleb you said it not me I can't help the giant bag of Cheese and Onion you carry on your shoulder.

I'm not peddling it as fact or suggesting the formation of a lynch mob am I

I can't believe that people are still trying to elevate Ted & Co to Saintly proportions.
As I see it Ted tried to make a "few bob" by getting hold of Belle Vue, for future development, he probably expected land values to rise the way that most property developers have land banks.
He has resisted all other investors because he wanted the whole of the sale of Belle Vue to himself.
BUT Ted didn't foresee the recession coming, and maybe his current IVA has more to do with his failure to pay interest on the loans against Belle Vue, than his Sainsburys problems.
If the deal was to safeguard OUR ground then don't you all think that Ted Would have shouted it from the roof tops.
Ted and Co have repeatedly treated us with what can only be described as pure contempt.
GO NOW !!!

I can't believe people are so slow and blind as to think they are - who are these people - not me love.

However there are two sides to any story and that includes yours - unless your so special.

Sorry that speculation that isn't 100% the same as yours and involves burning the Richardsons on a cross insults you so much but that's life in a democracy - live with it.

Finally and I intend to ask this every time I see it it - who are these investors - name them, be the first.

god, your on one today!!
dont think it would be wise to name the investors on here.

Who could name them, we all have ideas who they may be but just who could be 100% sure, whoever they are i'm 100% sure they are watching these boards and taking notes.

Unless they are Wakey fans i doubt they'll be over happy with some views posted on here, just imagine reading this from the outside looking in.

Thank you Vastman I think that One notable name who tried to invest was Steve Feris himself an injection of cash at that time could have helped us to kick on, after a good season. But Ted wanted it all for himself, its called GREED !! One of the Seven deadly sins, a lot of folk suffer from it.

quite agree to be honest, sort of decided a week ago to keep out of any mud slinging, some of the stuff chucked at TRB is particulaly unfair, we all me included fed off his info and enjoyed it, we wernt complaining then , so we have no right to now.

well you should of fed off my info.