The modern ‘Battle of Stamford Bridge’ was gloriously won in October, 2011 – with the CPO chairman Richard King’s head placed on a spike (metaphorically at least), when he was forced to resign the next day amid great swathes of shareholder anger. It was widely felt that he and his board had willingly facilitated the [...]
So the battle is won – and now for the peace? As you know, the frantic and fractious 4 hour meeting at Stamford Bridge to vote on CFC’s proposal to buy back the freehold of the pitch was eventually rejected by shareholders. The joy was limitless! One man and his dog actually did turn out [...]
Continue reading …The deed is done and Stamford Bridge is resigned to history – surely the 20 plus purchasers of 100 voting shares in the last few days are no friends of Stamford Bridge? That’s right. 20 or so wealthy individuals have each paid £10,000 to buy 100 shares in recent days according to the CPO share [...]
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A real blue letter day yesterday as I had two invitations – one from Chelsea Football Club, and one from CFCnet. Chelsea FC invited me by telephone to attend a meeting of CPO multiple shareholders (supporters with 5 or more shares), hosted at Stamford Bridge by Bruce Buck & Ron Gourlay, with JT present in [...]
Continue reading …Love or hate Ken Bates, he did save Chelsea FC and safeguard Stamford Bridge from the developers – fact. Albeit at a cost to the supporters of £10.5 million, in the form of an interest free loan from the football club, to be paid for primarily by the sale of shares in ‘Chelsea Pitch Owners’ [...]
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