I dont think they are talking about the County Ground I think it means Shaw Developments have it in their contract that any development of any site will be done/owned by them and thats the sticking point.
That's what the board have always claimed - ie that they somehow have the "rights" to do any ground redevelopment although we can't verify if it's actually true. As they don't actually own any property, the council own the ground so they can't sell it/redevelop it without council partnership, it's difficult to see what they think they have.
So is it that the Holding company is claiming to have bought these "rights"?
No, the claim is that the Jt Venture has the rights, but the Holding co is 50-50 on the Jt Venture with St Modwen. To clarify, there probably is a piece of paper somewhere that claims to assign such rights to the Jt Venture, what we're rather dubious about is how enforcable such a claim is.
Perhaps it's a bit like intellectual property rights. At a guess SPD now own the right to develop any site (as per Oevil above) specifically
for STFC. If this can't be sorted in whatever time is available instead of throwing in the towel perhaps an alternative solution can be found that circumvents SPD and allows completion very soon.
For instance, I suggested on another thread that e.g. Hungerford FC could build a new stadium
for themselves and offer STFC a groundshare or lease for say 999 years or whatever. The point is the development was not for STFC. If the owner of the development also happened to be the owner or a close relative of the owner of STFC perhaps he would be happy to invest some of the profits from his development in STFC.
