TerracingTomas wrote:This has the potential to go 2 ways. One it turns into an outstanding success generating a lot of cash for the club over the next few years or it is going to be another Dome fiasco. A quick check of the main company supposedly behind this, WSA Holdings Ltd, which was only set up in 2018 leads me to me to think this is more likely to a Dome scenario. One of the sponsors mentioned in the article David Watson is a also a director of wait for it 'Spanish Mortgage and Loan Compensation Ltd. Which is about as a big a leap in the opposite direction from stem cell treatments as its possible to get. In addition a quick ckeck of the South Lanarkshire Council planning site shows no signs of any planning applications for either a new TV gantry or a research and wellness centre as yet. As for a £750,00 over 5 years there is nothing to indicate WSA Holdings has that kind of funds available. I await with bated breathe the turf cutting ceremony.
In my experience from another life, there were few companies, other than multi-nationals, that could afford to shell out £150K a year sponsorship, for five years, even though they had been trading (& at profit) for many, many years. Are we seriously expected to believe that a start-up company, just from August last year, has the financial wherewithall to support such a contract, when there are no accounts available to substantiate this?
In the same way that HopeCBD's five figure sponsorship income each year for five years seemed to many being more "in Hope" than "Expectation", this latest sponsorship income source remains a mystery. Good to know however, that the cutting edge of stem cell R & D will soon be available to Hamiltonians.
Posted: Wed Feb 27, 2019 8:40 pm
