Bury Football Club Parking Space Investment

Earlybird29

Are you interested in joining me on a new WhatsApp group for investors who have potentially lost money with this investment now that Mederco Ltd is in administration?

It is called MEDERCO/Bury FC Car Park

Maybe we can force the new owner of the football club to buy them back if we can prevent people using the spaces (by putting a skip or something on them?)

schmo

Hi, very keen to join the WhatsApp group. How can you add me without telling the world my number on here Is it possible to pm on this site?

TonyMMM

This may be relevant to those with investments in this "scheme"

https://www.lancashiretelegraph.co.uk/news/17560401.blackburn-property-kings-empire-goes-under-owing-27million/

Aretnap

TonyMMM wrote: »

This may be relevant to those with investments in this "scheme"

https://www.lancashiretelegraph.co.uk/news/17560401.blackburn-property-kings-empire-goes-under-owing-27million/

He sounds like quite the Renaissance man of dubious investments - dabbling in parking spaces AND student bedsits. Wonder if he also has sidelines in carbon credits and rare earth metals.

stephen42

I have been looking for investors who are in the same position. Initially I did contact a solicitor but it is an expensive process for an individual. While I continue to get updates from the solicitor the prognosis ois not good. This looks like a ponzi scheme that has finally come crashing down. There was a glimmer of hope that perhaps Bury Fc might wish to repurchase the spaces, but since the new owner is already trying to sell out that seems unlikely now. Everything appears to be on hold until the administrators complete their role. I think our only hope is for some developer to come along who wants to develop the whole site.

stephen42

Have you had any feedback regarding forming a group of investors in the same predicament?
For reasons of confidentiality the solicitor I contacted would not elaborate on whether he was acting for anyone else all the while charging signficant sums for correspondence.

Wheres_My_Cashback

Old post resurrected by a 'new' poster, there's a surprise. Follows a very familiar pattern !

AnotherJoe

IMHO too many people here are willing to jump on new posters and accuse them, directly or indirectly of nefarious purposes.



How are, for example other people in the same predicament who discover this forum meant to make posts here? Should they spend six months talking about savings accounts or mortgages before they are allowed to ask a question about this mess?

ManAtHome

AnotherJoe wrote: »

IMHO too many people here are willing to jump on new posters and accuse them, directly or indirectly of nefarious purposes.

Yes - if you google Bury FC Car Park Investment this thread is in the first few results

stephen42

That is easy to say. I have done many searches and failed to find any sites like this. That is the reason I contacted a solicitor. However, as has been mentioned going down the legal route is akin to throwing good money after bad.