Stamford Bridge Thread

[xPetrCechx 13,563]

How many shares there are and what buck whats to achieve from this move?

[francozola 2,040]

How many shares there are and what buck whats to achieve from this move?

It's stated right there

http://www.fulhamchr...2029-29617581/?

By Dan Levene

In total, around 15,500 CPO shares have been sold since 1993.

[xPetrCechx 13,563]

ok...so what buck will do with this 100 shares?

[francozola 2,040]

vote yes, obviously

[We Hate Scouse 10,286]

ok...so what buck will do with this 100 shares?

Eat them.

[LDN Blue 7,903]

ok...so what buck will do with this 100 shares?

They allow him more leverage in the vote. He can use them to vote yes, to add to that side.

[xPetrCechx 13,563]

ohh...ok... so he bought 100 shares from people who agreed to sell them to him....

but still 100 from 15K + is nothing.

[LDN Blue 7,903]

ohh...ok... so he bought 100 shares from people who agreed to sell them to him....

but still 100 from 15K + is nothing.

Exactly that.

And yes, that's true, but every vote will be important in this process. And at £100 each, that's £10,000 Buck's spent.

[strong centreback 157]

Actually if we assume that a little over a third of cpo members (6000) take part in the vote either in person or by proxy and two thirds own one share per person and the final third own say 3 shares each then you would have a total of 10000 votes taking part, assuming all that bruce buck has 1% of the possible votes.

[Liquidator 5,176]

lets hope Ron the Dinosaur doesn't get his hands on any

[xPetrCechx 13,563]

Exactly that.

And yes, that's true, but every vote will be important in this process. And at £100 each, that's £10,000 Buck's spent.

small change.....

[Term-X 7,891]

http://www.chelseafc...2482506,00.html

New info seems to be making its way out of the club, touches on some other issues like ticket prices and stadium design.

What was said in regards to the stadium design?

[strong centreback 157]

The chairman told viewers he was sure the name Stamford Bridge would go with the club should it move, and that the club would listen to fans' recommendations that a new ground design should have one, big, single-tier 'home end' stand as seen at some other grounds across Europe.

'If it makes sense and makes the fans happy, of course we'd consider things like that.'

[strong centreback 157]

Apparently the egm is now being held in the great hall in the west stand, the cpo have brought in the Electoral Reform Services to oversee the vote due to greater numbers now expected to turn up on the day, they are writing to all cpo shareholders and you need to email them to confirm your presence on the day.

If you are going make sure you have photo id on you ie: driving licence or passport, as no photo id means no admittance.

[xPetrCechx 13,563]

OPEN LETTER TO SHAREHOLDERS OF CPO

Recently, the club wrote to Chelsea Pitch Owners (CPO) asking the shareholders to allow the club to buy back the freehold land on which the Stamford Bridge stadium sits.

We believe there has been a lot of incorrect information spread through social media and otherwise regarding our proposal and we have tried to correct the misinformation through meetings with groups of shareholders, press briefings and information on the club website. We believe we have been transparent and all our fans should rest assured there are no hidden agendas.

Over the last few years, the club has made representations to the local authority regarding sites nearby. These representations are vital to ensure we protect our long-term position in relation to potential development sites in south-west London. It goes without saying that a move to another site in south or west London would be our first choice.

We emphasise that no decision to move has been made. But in order to give the club the option to move quickly, if the circumstances require, we need the ability to assure possible stadium development partners that we are permitted to leave Stamford Bridge and also able to use the development profits to help fund a new stadium. All development profits from Stamford Bridge would be used to partially fund a new stadium, and for no other purpose.

We also believe the protection Chelsea Pitch Owners gave the club in the 1990s is no longer necessary. CPO was formed when developers had their eye on this land, and there was a mortgage on the site.

The developers were looking for ways to push the club out against its will and redevelop the Stamford Bridge site which, at that time, was worth more than the club sitting on it.

Now the club is worth significantly more than the site. But Stamford Bridge is severely limited and we are unable to expand the stadium in a financially viable way. There is simply only so much you can fit on a site that is less than 12 acres.

We believe our proposal is a fair one. We know there is no one proposal that will please all fans. What we tried to do is meet most concerns and get the support of the CPO shareholders.

We can assure you we all want what is best for Chelsea FC and its fans. If we are not in a position to take up an option of a larger stadium sometime in the future, we will be faced with our matchday revenues continually dropping against those of our competitors.

Since Mr Abramovich bought the club in 2003, it has enjoyed the most successful period in its history. The owner and the Board want to build on that and we believe a vote in favour of the proposals is a vote for a continuation of that success.

Bruce Buck

Eugene Tenenbaum

Ron Gourlay

http://www.chelseafc.com/page/LatestNews/0,,10268~2487532,00.html

[Liquidator 5,176]

The DJ is seriously running out of ideas. Twice in a row he has played 'Poker Face' at half time and every time we play Everton he plays 'Bulletproof'

[Fulham Broadway 16,851]

.

Buck and Gourlay have apparently had a seance and managed to get Matthew Hardings view on it from Beyond the Grave

http://www.chelseafc...2489213,00.html

Absolutely shameless

[LDN Blue 7,903]

.

Buck and Gourlay have apparently had a seance and managed to get Matthew Hardings view on it from Beyond the Grave

http://www.chelseafc...2489213,00.html

Absolutely shameless

Read that, horrible ploy that was..