Quantcast
Channel: Bloomgate
Viewing all articles
Browse latest Browse all 98

Will THFC be Sold Because of the Fraud Allegations Against Daniel Levy?

$
0
0
ADDED 20/09/14 - Detailed Summary of Greystones Fraud Scheme & Cover-Up...click on text for download link to become active.

Whilst the Main Stream Media have eagerly covered: i) THFC's recent statement that it will be forced to play Home games away from Tottenham because of delays with the construction of the new stadium, ii) a US Investment Firm has recently formally stated (as is the regulatory requirement) that it is considering making a cash offer to purchase THFC, & iii) Levy has somehow failed to agree a Settlement with the last Company required to be located to allow the Stadium Project to proceed, i.e. Archway Steel, nobody seems to have asked the obvious questions of Daniel Levy:

  1. Why have you allowed the dispute with Archway Steel to carry on for so long without offering a Settlement in line with the true value of this Company moving...i.e. why are you unnecessarily and unreasonable playing hardball to the huge detriment of the entire Northumberland Road Project? 
  2. Are you hiding behind the deliberately prolonged dispute with Archway Steel because you cannot raise the c£400mn funds required for the Project?
  3. Have you disclosed to potential investors that allegations have been made against you, and EY's Alan Bloom, relating to "The Greystones Fraud" and other Insolvency Fraud Schemes relating to Alan Bloom's Administrations, that you (and Alan Bloom) have been found to have perjured yourself at the High Court, and even more damning evidence has recently been exposed against both yourself and Alan Bloom?
Having personally experienced the lies and deceit of Daniel Levy (see Blog Post of 17th July '14), and having personally alerted Joe Lewis (the majority owner of THFC) to the allegations and evidence of Insolvency Fraud against Daniel Levy & his "Partner in Crime" Paul Kemsley in late '12 (see email below) I have kept a close eye on the progress of THFC's new Stadium Project, or rather the lack of progress.

Whilst I am the first to admit bias against Daniel Levy I can't help suspecting that Joe Lewis has now wisely decided (including after reading the Blog Post of 17th July '14) to try and off-load THFC before the Stadium is built (and in so doing probably forgoing £100mn+ of profit) so he can distance himself and his business interests from Daniel Levy, given that the allegations of Fraud against Levy will not go away, and the evidence, already damning, is mounting.
  
What I also find extraordinary is that the person leading the bid for THFC, i.e. Jonathan Goldstein of Cain Hoy, is none other than the ex-CEO of the law firm Olswang, a law firm intimately implicated in both the Greystones Fraud itself and in the ensuing Cover-Up, and a firm who represents THFC.

Finally, having had a horrific insight into the way that these people operate, it would not surprise me if the purchasers we using their "inside track" on the Fraud Allegations against Daniel Levy to gain leverage, inc. negotiating the price down!!

For what it is worth I think there are so many skeletons in Levy's / THFC's closet that whilst a sale is necessary, i) it will not be at anything like the price hoped for & ii) the purchaser will not be asking Levy to stay on as Chairman!

It will be fascinating to see what happens.

Chris Coomber




Viewing all articles
Browse latest Browse all 98

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>