South Bucks
Active Member
All owners own the ground .we didnt own it undr Wragg we didnt own it under Brearly .the owners own it just now it belongs to mccabe , until someone buys it off him . Its not a difficult concept to understand how so many dont get it is baffling
Yes its curious how some fans seem to think its a bad thing that McCabe owns the ground. If I understand it correctly he's wisely put what I call the fixed assets like the ground in a separate limited company so the Prince et al and anyone they might sell their shares to in the future can't asset strip it. What I call the variable assets like players etc are then in a separate limited company which the Prince and others have shares in and can invest in players or sell them for a profit as they so choose. I might be wrong but this seems eminently sensible to me.
Hence the only person that could significanly asset strip is McCabe and if he was going to do this he would have done it years ago so I don't think he will ever do this. Seems a good smart man to me.
About the only way the ground might be "returned to us" is to do what I think Chelsea did by selling lots of separate bits of the freehold of Stamford Bridge to different fans to keep it out of reach of asset strippers for ever. However I suspect this must be a nightmare to get all fans to agree to any ground changes and I doubt that enough of our fans would be able to stump up the going rate.