Showing posts with label Lond Star. Show all posts
Showing posts with label Lond Star. Show all posts

Tuesday 16 October 2018

UPDATE: WEMBLEY STADIUM SALE OFF Big players sideline locals and Brent Council as they tussle over Quintain and Wembley Stadium

The Financial Times reported yesterday that the sale of Quintain by its owner Lone Star is at a stand-off over the price with the area of contention between £2bn and £2.3bn. The Delaney led consortium according to the article has not yet moved into formal talks with Lone Star as discussions over the price continue.

The Delaney Consortium includes Canadian, Quatari and Dutch firms as well as Delaney itself while rival bidders are based in the US and Germany, along with LRC founded by a London-based Israeli investor.

With both Quintain and Wembley Stadium up for sale to big players it feels as if it is not only Brent residents but Brent Council that have been sidelined.

UPDATE: THE FA HAS CALLED OFF THE WEMBLEY STADIUM SALE FOR NOW