Re: Wheels Site - Options

Bouncingblue

Rags

Dale has no association with Knighthead beyond the proposed purchase of the club. I have my doubts he'd be going over to Wheels Park to help them acquire land for industrial purposes.

Yep .. Spot on.

Hear me out here. We all know Dale is a diligent businessman who has done very well for himself. With his level of wealth, he will have a diversified investment portfolio for himself / his family etc. Given the city he is from, and the club he supports, has a prime industrial site next to it, surely its prudent to investigate and do some diligence on it. I see no reason why he, himself couldn't purchase the site, or provide a lower cost of capital for Knighthead should they wish to acquire and develop and then sell. He could then use the completed development to raise more capital, and benefit from the incoming accordingly. Just a bit of a left field thought...