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Harry hotspur having a rant at enic about our takover of archway metal but also say's they lost their appeal against the cpo. Sorry can't link.
Correct me if im wrong but isnt harry hotspur full of shit?EXCLUSIVE: Why The New Stadium Has Stalled
Posted by: Harry Hotspur March 26, 2014 in Tottenham Hotspur 4 Comments
My thanks to a relative of family that own Archway Sheet Metal for getting in touch.
My take on this whole business is that nobody from Archway can recall the time that they placed a note on the gates of this business, saying “We’d like to relocate – tenders welcome.’
Of course, nobody can remember that happening, because I just made that scenario up.
Where we are at with this is that Archway have lost their appeal against the CPO and it has cost them a packet. The grim reality of the protracted litigation that Archway has been forced to undertake, simply in order to protect itself from ENIC, has left the business with legal costs in excess of £500,000.
My understanding is that the family are now exploring other routes in order to safeguard all that they have achieved.
Another option are the European Courts, but again, this will incur phenomenal expense.
What was offered by ENIC was manifestly inadequate. The family voted, and the vote was in favour of standing against the assault upon their business.
The head of the family is a 70 year old gentleman who, quite frankly is utterly disinterested in applying for a loan in order to relocate his business.
Wha? A loan? I here you say… but surely these Archway mob are on a Lottery Win here? Surely the only worry this lot have is what colour Ferrari to order?
Heh.
Please.
Stop.
The deal that Archway have on the table at the moment from ENIC is the relocation of the business to a block of land that ENIC own further down near the North Circular, with all costs covered plus planning expenses paid to build a new factory.
BUT.
Archway would then have to fund the cost of building a new factory and all other associated building works costs, from scratch. This is a huge amount of money.
Yes, the land being offered is significantly bigger than where Archway are, but how does that benefit them when they’re faced with a well of debt in order to just reproduce what they have currently? The offer isn’t bad, but Jesus wept, it isn’t good.
A Ferrari? With ENIC writing the cheques, this lot will go from owning a modest, happy going family concern, to scanning the local paper for deals on previously enjoyed Micras.
The family that own Archway are in actual fact, quite possibly, precisely the type of people that ENIC and THFC and Boris have all referenced in their new world order for Haringey. Hard working types who will play their part in the regeneration of the community.
So what do ENIC have planned for Archway Sheet Metal works?
Yup, you got it. A Levyesque deal that leaves them worse off than they were, before they met them.
Yes, he is full of shit.Correct me if im wrong but isnt harry hotspur full of shit?
Yes, he is full of shit.
We had ITK on Friday that had to be deleted because the ITK'r inadvertently revealed their identity that directly contradicts the tale told by Harry Horseshit.In this instance is he full of shit. Surely that's the question.
You can't appeal a verdict that hasn't been made and a mate at CBRE believes there would be a lot of "goodwill" in a bid like that for the Archway SM site.As we all know the Club are awaiting a CPO regading Steel Archway. The Club also upped their offer to them to vacate to around £3.5m.
Also in today's Standard was some talk about Crossrail 2, from Tottenham to Wimbledon. Having looked at the proposed route, if it went ahead it would stop at Tottenham Hale.
I've tweeted Boris Johnson to ask him if it could incorporate a station at Northumberland Park, under the guise that it would help regenerate an area in need of regeneration. Whilst I really mean can they incorporate a station nearer to WHL (or the new WHL) to improve transport options.
I doubt I'll get a response, I doubt even more funding for Crossrail 2 will ever happen in my lifetime, let alone any lobbying to get a station at Northumberland Park to be incorporated into any plans, but felt there's nothing to lose by tweeting.
Who knows, if enough people support it, or tweet Boris, it may gain some support.
I've tweeted David Lammy as well.
Hi coopsieyid,
Yes your right and appear to be the source for most of this!!
I hadn't realised this thread existed - I saw the article on vitalfootball and copied and referenced it as a new thread in Spurschat - to share the info.
Mod's spotted my mistake and copied into this thread.
So what's new?Harry hotspur having a rant at enic about our takover of archway metal but also say's they lost their appeal against the cpo. Sorry can't link.
So what's new?