The unregistered strip of land.

[billpuntonsghost]

The solidarity with IronBru speaking the truth,could some of the top men explain if this problem with “ the unregistered strip of land” is true or false.Thanks.

[sufc_not_on_tour]

billpuntonsghost wrote:

The solidarity with IronBru speaking the truth,could some of the top men explain if this problem with “ the unregistered strip of land” is true or false.Thanks.

I can’t answer your question “is it true or false” but, it wasn’t an issue when Wharton sold the land to Swann, it’s never been an issue in all the time Swann has owned the club but it has become an issue when Hilton was due to pay for the land.
His reason at the fans forum was “ if one of the players trips up and injured himself whilst crossing this land then our insurers will not pay out”.
I thought then it was just an excuse as he hadn’t the funds to complete a deal he had agreed to, after the events yesterday I still think the same.

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Deereyme66

[Deereyme66]

And bear in mind, this aspect has nothing to do with what Swann has said and whether to be believed or not. It’s purely, do you trust and believe what Hilton claims about it?

[billpuntonsghost]

Agreed it wasn’t an issue all the time Swann owned the club.Due to him selling the land this issue seems to have come up with the prospective buyer. It may have been not spotted when Wharton sold to Swann,agreed,but a buyer needs total assurance this won’t come to bite him on the bum in the future? Please tell me if my thinking is not correct.

[Dawson]

Having bought the title plans for the stadium and the training pitch, I can confirm that there is in fact a section separating the two which is unregistered.

Happy to provide the references of the two plans in case anyone else is wanting to do the same.

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cassidystash

[Deereyme66]

If Hilton is the fantastic property developer he claims to be, why is this such a stumbling block that it can’t be overcome? If you accept that as the main reason he’s not completing the sale then there really is no hope in getting you to see sense. Apologies if that offends anyone, just my opinion.

[billpuntonsghost]

..”why is this such a stumbling block that it can’t be overcome?”
Surely it is Swann’s responsibility to register this strip of land? Is he prepared to do that? Obviously not, or else the issue would be resolved. Then this issue wouldn’t be a stumbling block for Hilton.

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Dawson

[Interested Bystander]

That’s the crux of it. Taking all of the diversionary tactics out of the equation, does Hilton have sufficient funds to purchase the freehold?

For an individual who was telling supporters on Facebook that he owns a Rolls Royce Cullinan, you have to wonder why he is so coy when it comes to his net worth! It’s easy to be flash, not so easy building and demonstrating tangible wealth.

For those who consider Hilton to be in a position to proceed financially, please share your information because I have seen nothing to suggest that is the case.

[Siderite]

A lawyer, who I think works with property, has said that registering that strip should be relatively simple and legally solvable, so shouldn’t be a stumbling block for anyone who isn’t looking for an excuse.

Questions;
1. Undisclosed unregistered land? That's evident from a legal search and obvious.
2. Undisclosed 3rd party rights? In favour of who. The title should be clear in these regards who has rights over the land. Again, evident from a legal search. https://t.co/mGPfzO72zv

— Sophie B. (@sab_89_) May 18, 2023

All in this thread.

[billpuntonsghost]

IB- “ does Hilton have sufficient funds?” If not, he’s got rid of a few million for nothing! Which fool would do that?
The topic is about the “strip of land”- has Swann registered it so the transaction with the new buyer can proceed smoothly,or not? If not,why not?

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Dawson

[Dawson]

I’m not defending Hilton saying that this is the only reason he’s not buying the land.

As I’ve mentioned, it would be easily solvable for the land to be registered but no one whose is buying the land, is going to take the risk of buying the surrounding land. Then for someone else to potentially stake a claim on the land in between the other two parcels of land.

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billpuntonsghost

[Interested Bystander]

billpuntonsghost wrote:

IB- “ does Hilton have sufficient funds?” If not, he’s got rid of a few million for nothing! Which fool would do that?
The topic is about the “strip of land”- has Swann registered it so the transaction with the new buyer can proceed smoothly,or not? If not,why not?

Who has told you he’s got rid of a few million?

[cassidystash]

If Hilton is using the unregistered land as an “excuse” not to complete the sale then surely Swann registering the land will allow the sale to complete or call his bluff.
This assumes, of course, that Swann still wants to sell and Hilton has the funds to buy. If the info above is true regarding the simplicity of registering the land then things could be sorted next week, or am I dreaming?

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Siderite

[ironfromafar]

cassidystash wrote:

If Hilton is using the unregistered land as an “excuse” not to complete the sale then surely Swann registering the land will allow the sale to complete or call his bluff.
This assumes, of course, that Swann still wants to sell and Hilton has the funds to buy. If the info above is true regarding the simplicity of registering the land then things could be sorted next week, or am I dreaming?

Absolutely 100% bang on correct ..that yer dreaming !!

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cassidystash

[MK Iron]

Quick reminder of what David Hilton said at the fans forum.

He stated Swann had promised there were no issues with the land when the price was agreed. 3 issues had then come to light on investigation by solicitors.

1. The so called ransom strip had been discovered between the stadium and the training pitch. It was thought probably just an error in the deeds joining 2 parcels of land and would be easily resolved by applying to the Land Registry. Hilton asked Swann (as owner of the land to do this). Hilton’s solicitors view was this was a fairly minor issue but would take 8 to 10 weeks due to Land Registry response times. Swann refused to do this.

2. There was an issue of access at the other side of the stadium granted to the original landowner (a farmer whose name he thought was Jackson). The access was to fields the other side of the railway line. He felt Swann would have known about this and should have told him as it could impact any potetial redevelopment.

3. Swann had told him that existing outline planning permission was still in place for the apartments. The council had told him the permission had lapsed.

Hilton said he had offered to pay Swann £20k per month rent to give Swann time to resolve the issues and that he would pay the agreed purchase price once resolved.

Hilton said Swann refused to do anything and ceased to communicate with Hilton from that point on.

Hilton also explained his plan to personally rent the stadium to the club in the meantime and predicted Swann would probably sue and try to evict the football club. Pretty much what has started to happen in the last 24 hours. I am quite surprised it has come as a shock to anyone – probably the only surprise about it is that it has taken this long.

Hilton seemed to believe Swann would have difficulty in evicting the club at least in the short term. I am sure Swann thinks differently so I guess we will soon find out who is correct.

[64]

How typical, use a claim that nobody made in a thread to connect a point to thread hat has no connection at all

[Deereyme66]

I like the use of Bru ‘top men’. Makes the two Matt’s sound like the Dushane and Sully of independent football forums.

[Anonymous]

Our unregistered players could play on the unregistered strip of land and watched only by unregistered Bru / FB / Twitt account holders. Cash only – unregistered.

[Interested Bystander]

The letter dated 07/07/23 from Mitchell Wilde LLP to Knights which has been posted on Facebook makes for an interesting read.

1) Why has Hilton reaffirmed his willingness to pay £3M for GP when the club claims to have acquired a new site for a stadium that’s going to be ready in 20 months?

2) Why would Hilton’s offer of £3M be subject to a conveyancing period? I thought conveyancing had already been completed which had highlighted the issues reported by Hilton?

3) Why would Hilton be so keen to prevent Peter Swann or anyone connected to him from opposing any planning applications during the conveyancing process?

You deserve better.

[Anonymous]

Everything is all cloak and dagger.
I feel as if we’re part of a Sherlock Holmes story.

[Iron-awe]

Anonymous wrote:

Everything is all cloak and dagger.
I feel as if we’re part of a Sherlock Holmes story.

Is IB Sherlock or the Hound of the Baskerville’s 🤔

[lesgeo]

To answer Point 1, IB – I believe that this may be interpreted as ‘covering the bases’.
If correct, the circles in which I move refer to this as ‘wisdom’.
Point 2 doesn’t look too problematic.
Point 3 – presumably DH is making plans.

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B.gray

[Deereyme66]

I’m not interested in personally insulting IB, I think this poster makes some good points (not always but mainly) and the questions raised again are relevant and pertinent. I don’t have any answers oŕ theoretical explanations but would be interested in Hilton’s reasons for those points.

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TheJuryeffsOut,

[Iron-awe]

More a hero or villian question in my light hearted remarks about IB, you have got all serious of late DM if you were responding to my previous post that is. I believe the word is chill.

[Deereyme66]

I’m very ‘chill’ thanks I-A 🤣. Not particularly aimed at you, tbh I usually skim over your daft remarks to II and IB these days, like I did your previous post. There’s been enough insults to them both without you needing to feel like posts like mine above are particularly aimed at yourself. As for getting all serious of late, I believe we all have at times, you definitely included when you choose to. Nothing wrong with that, it’s a serious situation. I won’t be suggesting you ‘chill’ though. Up to you what mood you’re in.

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Iron-awe,

[Deereyme66]

Back to IBs points though, very valid IMO.

[Anonymous]

Has anyone got a ‘map’ showing this ‘strip?’

Is it the flower beds between the players entrance and car park?

[Anonymous]

Deereyme66 wrote:

I’m very ‘chill’ thanks I-A 🤣. Not particularly aimed at you, tbh I usually skim over your daft remarks to II and IB these days, like I did your previous post. There’s been enough insults to them both without you needing to feel like posts like mine above are particularly aimed at yourself. As for getting all serious of late, I believe we all have at times, you definitely included when you choose to. Nothing wrong with that, it’s a serious situation. I won’t be suggesting you ‘chill’ though. Up to you what mood you’re in.

None of us know if we are batting, bowling or fielding.

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Noster

[Deereyme66]

More like a cross between chess and Rollerball

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[Iron-awe]

Deereyme66 wrote:

More like a cross between chess and Rollerball

That would be an interesting watch if it was physically played out 😲

[Author]

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