Wakefield Trinity • Food for thought
Noting what FIL said about YC still being able to pull the rug by not developing Plot 8 got me thinking.
Although I think they will this time it is an interesting story to say the least where WMCD are concerned.
WMDC are one of the largest MDC's in the UK, yet for 10+ years a relatively small developer has run rings around them!
Even without Plot 8 NM has made them a fortune, just consider the rise in land prices over the last few years alone.
However, Plot 8 was the jewel and they hung on for ten years. Now I suspect the value of it is at such a high that they can no longer wait. I suspect they already have a blue-chip client ready and waiting. That's why they will let the 8 million go because it's worth it to them.
People keep attacking YC but they have done nothing wrong in a legal sense, it's the Council who have failed totally to protect the interests of the ratepayers, it's a total scandal and I don't think it's over yet for some involved individuals.
Anyway, that's by the by and I posted it more to reassure as much as it's possible for a novice like me to do so. We are getting 11 million roughly in total, it's not enough but it's a start.
What really tragic is that had the council forced this only 5 years ago, that 11 million at the time would probably have been enough to do all four sides of the ground.
As I say I'm not being a misery and in many ways, I'm happy enough with what we have got, and I support it all the way. Just felt it needed one more airing for the doubters. I can assure you, those like me have not forgotten but we need to be pragmatic as there may be more cash yet to be squeezed out of this if we play it cool.
Although I think they will this time it is an interesting story to say the least where WMCD are concerned.
WMDC are one of the largest MDC's in the UK, yet for 10+ years a relatively small developer has run rings around them!
Even without Plot 8 NM has made them a fortune, just consider the rise in land prices over the last few years alone.
However, Plot 8 was the jewel and they hung on for ten years. Now I suspect the value of it is at such a high that they can no longer wait. I suspect they already have a blue-chip client ready and waiting. That's why they will let the 8 million go because it's worth it to them.
People keep attacking YC but they have done nothing wrong in a legal sense, it's the Council who have failed totally to protect the interests of the ratepayers, it's a total scandal and I don't think it's over yet for some involved individuals.
Anyway, that's by the by and I posted it more to reassure as much as it's possible for a novice like me to do so. We are getting 11 million roughly in total, it's not enough but it's a start.
What really tragic is that had the council forced this only 5 years ago, that 11 million at the time would probably have been enough to do all four sides of the ground.
As I say I'm not being a misery and in many ways, I'm happy enough with what we have got, and I support it all the way. Just felt it needed one more airing for the doubters. I can assure you, those like me have not forgotten but we need to be pragmatic as there may be more cash yet to be squeezed out of this if we play it cool.
Statistics: Posted by vastman — Fri Dec 17, 2021 8:46 am — Replies 0 — Views 316