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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.

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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.

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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....

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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.

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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.

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Also, can someone explain it to us non english members is Battersea good, how far is it from SB and similar?

Battersea is approx 2 miles away from the bridge south of the river, It would be wandsworth council and not fulham and hammersmith so less swanky but it would provide us with a big enough site to do something special with and is in the heart of our traditional fan base area.

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''Club sources believe the exterior of the power station could be used to develop an iconic stadium and in addition it could build a range of leisure facilities.''

NO THANKS!

What next using the 4 chimneys as floodlight pylons?

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from cfcnet:

CPO: FIFA advisor bought £10k shares on 18th October

It has been disclosed that an advisor to Sepp Blatter (and FIFA) bought 100 shares in Chelsea Pitch Owners just eight days before the EGM vote.

The person concerned, who cannot be named for legal reasons, bought the maximum number of shares along with his son, who also purchased a £10,000 block.

The information was passed on to CFCnet via an anonymous email account, yet on deeper analysis it would appear that the information is readily available in the public domain by anyone wishing to view the CPO share register. All one needs to do is look at purchases of blocks of £10,000 worth of shares on 18th October 2011. There’s not a lot else on the list for that particular day, particularly from Geneva.

We are, unfortunately, not allowed to disclose much further information about the individual concerned yet one look at his role ‘assisting’ in the PR aftermath of Union Carbide’s Bhopal disaster (3787 deaths, 558,000 injuries) would make any sane person shudder, although his acquittal in 1995 for cocaine trafficking is a cause for relief.

We would also like it put on record that this man did a wonderful job advising Bruce Buck and Chelsea over the Gael Kakuta affair which threatened to have us banned from any transfers for two consecutive transfer windows.

Indeed, when a man has advised Sepp Blatter until 2008, who better to go to when negotiating with FIFA than the very same man? For that Sir, take a bow. You are a good egg. A top man. A credit to any Chelsea fan alive and you will always be welcome at the Chelsea Ram pub in Burnaby Street. I’ll buy you a Swiss schnapps topped with a Hungarian lemon.

We will leave it to our readers to make up their own mind whether a man and his son who purchased two blocks of £10k worth of shares from Geneva, eight days before the vote, were operating merely for the good of Chelsea FC or to assist Bruce Buck and Chelsea in rigging the CPO EGM vote. We believe it is clearly the former and anyone insinuating otherwise will be banned from the CFCnet Forum and reported to the Information Commissioner.

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