My understanding is the the 50% stake by Higgs is being held as part of McGinity/Robinson regime when they were unable to buy the waste land. Council took 50% to fund the stadium and the other other by Alan Higgs (ex CCFC Director) to hold until CCFC could afford to pay it. There is a time limit when this option could be exercised.
That is what I thought. It has nothing to do with buying the Council stake. I always thought it was the Higgs side that would be on offer. Have the goal posts moved since the Ricoh revenues started to come in?
Telegraph needs to interview Alan Higgs in all of this. :thinking about:
The problem is that if there were just one set price for the stake and all we had to do was transfer x million pounds, we'd have done it by now if the price weren't completely extortionate. The Charity will not simply give up their share in a very profitable enterprise to a company that is run so poorly and has no proper business plan in place to take it forward afterwards-as it is, we look extremely unlikely to fund ourselves beyond the next few months, let alone be in a position to buy the Higgs stake.