Stamford Bridge Thread

[Fulham Broadway 16,851]

Gourlay mentioned all this after the NO vote. Its almost like a spite thimg because they didnt get their way, but hey ho.

The Samsung Stamford Bridge or something probably. Also the 'Ron Gourlay Stand' would be good

[xPetrCechx 13,563]

"Chelsea are set to announce a naming rights sponsor for their Stamford Bridge stadium in the new year".

What it's mean?

[clistar 0]

Singha beer Stamford bridge ,lol

[xPetrCechx 13,563]

"Having lost one CPO vote, Gourlay refused to say whether the next month's AGM, which requires only a 50% majority, would prompt another ballot".

SO we wull neet only 50% now?

[mrparkersdogbite 15]

"Having lost one CPO vote, Gourlay refused to say whether the next month's AGM, which requires only a 50% majority, would prompt another ballot".

SO we would need only 50% now?

No. This is yet another piece of misinformation which, because it has been repeated often enough by 'credible' sources has become accepted as fact. But in order to change the CPO's Articles of Association (which would be required in this case) they need a Special Resolution to be passed by shareholders which, by law, requires a 75% majority. It doesn't matter whether the resolution is voted on at an EGM or an AGM. So whenever you see this statement written in a story about the CPO it confirms (a) that the journalist has failed to do any fact checking and (b ) that the rest of what he/she has written needs to be treated with some scepticism as well.

[xPetrCechx 13,563]

http://translate.goo...00.html&act=url

"The team is looking for a stadium name sponsor from 2009 and it is estimated, the new name will be a minimum of 7 years.(so we will stay at SB for aminimum of 7 years).

Gorlii also revealed that Chelsea has 253 million fans worldwide - 44% of them in Asia, Europe 29%, 21% in Africa and 3% in North and South America. :thinking:

[LDN Blue 7,903]

Singha beer Stamford bridge ,lol

Worst beer in the world..

[LDN Blue 7,903]

The Chelsea supporters who revolted against the club's attempts to buy the freehold of Stamford Bridge have snubbed an offer to join the board of the company that owns the ground.

Blues owner Roman Abramovich was keen to acquire the rights to the stadium from the New Chelsea Pitch Owners (CPO) amid talk of a possible relocation.

He was unsuccessful in his efforts, with the 'Say No CPO' (SNCPO) campaign able to prevent the Russian billionaire from assuming even more control over the club and its assets.

CPO chairman Steve Frankham has since invited a representative of SNCPO to become a fourth director of the supporter-led organisation.

SNCPO have declined the offer, though, and are expected to purse their agenda of changing the make-up of the current board at CPO's annual general meeting in December.

SNCPO said in a statement: "The 'Say No' campaign group has today declined an offer from CPO chairman Steve Frankham to put one director on the board of CPO.

"The group felt that having just one token director on a board of four exposed that director to excessive risk in the light of recent and current activities of CPO, and did not address the issue that the board had not acted in the best interests of CPO, and did not reflect the views of long-standing shareholders."

SNCPO confirmed on Monday that solicitors working for them had written to the Takeover Panel expressing concern at the volume of shares issued by CPO after the club went public with its offer to buy back the Stamford Bridge freehold.

Around £200,000 worth of new shares were purchased after Chelsea announced their plans on 3rd October, three-and-a-half weeks before CPO voted on their proposal at an extraordinary general meeting.

The club needed to secure support of those holding 75 per cent of the shares who voted either in person or by proxy but managed only 61.6 per cent.

SNCPO have claimed that figure would have been even less had trading been suspended on 3rd October.

There is no suggestion of any wrongdoing by the club, who have consistently distanced themselves from suggestions they were aware of the identity of those who purchased the shares in bulk.

Chelsea sold the freehold of Stamford Bridge to CPO in the 1990s to prevent property developers making them homeless.

They want to buy it back in order to ensure they can sell the land beneath the stadium should they decide to move to a new 60,000-seater arena.

Frankham last week returned as CPO chairman following the resignation of Richard King, who was blamed by some shareholders for not acting to prevent the bulk buying of shares.

[CHOULO19 24,332]

Worst beer in the world..

lol You obviously haven't tasted alcohol-free beer..in which case, consider yourself lucky.

[xPetrCechx 13,563]

The Chelsea supporters who revolted against the club's attempts to buy the freehold of Stamford Bridge have snubbed an offer to join the board of the company that owns the ground.

Always no,no,no.......

We NEED a new stadium to Increase the revenues....

[LDN Blue 7,903]

lol You obviously haven't tasted alcohol-free beer..in which case, consider yourself lucky.

Bitburger

[LDN Blue 7,903]

Reasons for declining board offer

To expand on yesterdays statement further – SAYNO are still in informal discussions with Steve Frankham but due to a Tuesday 7th deadline requirement set by CPO, we felt obligated to decline what was on offer at that time.

This was largely based on legal advice that a token minority of directors – by definition, could not be certain to definitively change the course of the CPO board, and therefore may be held liable for past and future transgressions that we believe may be likely to result in legal rebuke from regulatory authorities.

SAYNO are determined to ensure all sitting directors are democratically re-elected by shareholders at the AGM. We also see any legal argument as to what any perceived monetary value of a CPO share might be as largely irrelevant, it’s true value being – as always, it’s fundamental guardianship of Stamford Bridge and thereby Chelsea FC, via it’s voting rights.

http://www.saynocpo.org/2011/11/reasons-for-declining-directorship-offer/

[mrparkersdogbite 15]

We also see any legal argument as to what any perceived monetary value of a CPO share might be as largely irrelevant, it’s true value being – as always, it’s fundamental guardianship of Stamford Bridge and thereby Chelsea FC, via it’s voting rights.

I'm not sure that statement really clarifies anything apart from the fact that discussions are ongoing - which is good in itself.

But I really don't like that odd reference to the 'perceived monetary value of a CPO share'. Is that saying that SNCPO are going to try and argue legally that the club and the CPO board have undervalued the shares by pricing them at £100? I'm really uncomfortable with SNCPO going down that line because it opens up the possibility that some people might just be in this for what cash they think they might get back. As everyone knows, this has nothing at all to do with money for the vast majority of us.

[LDN Blue 7,903]

I'm not sure that statement really clarifies anything apart from the fact that discussions are ongoing - which is good in itself.

But I really don't like that odd reference to the 'perceived monetary value of a CPO share'. Is that saying that SNCPO are going to try and argue legally that the club and the CPO board have undervalued the shares by pricing them at £100? I'm really uncomfortable with SNCPO going down that line because it opens up the possibility that some people might just be in this for what cash they think they might get back. As everyone knows, this has nothing at all to do with money for the vast majority of us.

Indeed, it's quite a disappointing response to be honest.

I thought CPO's offer for a SNCPO director on the board would've been a positive move all-round.

[steve5221 91]

How about Ashley just changing St James Park to the Sports direct Stadium for no extra revenue for the club, in the "hope" of attracting bidders in the future....

Talk about totally shitting on your fans....he really knows how to piss those Geordie's off, does Hertfordshire born Newcastle fan Ashley....

[LDN Blue 7,903]

How about Ashley just changing St James Park to the Sports direct Stadium for no extra revenue for the club, in the "hope" of attracting bidders in the future....

Talk about totally shitting on your fans....he really knows how to piss those Geordie's off, does Hertfordshire born Newcastle fan Ashley....

LMAO indeed.

Thankfully Buck said the name "Stamford Bridge" will be maintained, even when a sponsor acquires naming rights.

[oman43 45]

I hate sponsored stadium name: Sports Direct Arena is just appalling, however i understand Chelsea wouldn't mind 10 million a year I just hope they keep the name Stamford Bridge in the title and don't ruined the history of the bridge.

[xPetrCechx 13,563]

it's not 100 mil for 7 years?