Stop Being Silly

And so to the surprise of absolutely no-one the news arrives that Steal Holdings, sorry Peel Holdings have pulled out of the pipedream that was Wirral Waters International Trade Centre scheme.
We think Peel do protest too much when they claim that the split with investors Sam Wa is “amicable” and that the Chinese company is “squeaky clean” and that Stella Shiu is a “proper business person”.
Apparently Sam Wa are “going through due diligence to move the construction finance into the UK” which obviously means that if there is a failure of “due diligence” everyone involved in this debacle can turn around and blame the dead hand of bureaucracy

However Council leader Power Boy Pipsqueak Davies and degeneration, sorry regeneration maestro Kevin Addled seem determine to plough this fallow land.
Apparently by the sounds of it Stella the bankrupt from Sam Wa is going to fund it all by herself – probably from the profits made from selling giant marrows – who knows? Certainly Pipsqueak and Addled don’t seem to know as their far from convincing statements to the press prove. Check out  Pip doing his usual Pollyanna routine : HERE

“As I understand it, the way forward now is that Sam Wa who were going to be partnered with Peel, are going to be sole partner who are going to invest all of the money themselves……I’m still pretty confident it’s going to happen but now it will just be that Sam Wa will be landlord as whole on its own…….I think everybody always knew it was going to be a difficult deal to put together but I have spoken to Peel and I think they are confident in Sam Wa having got the financial muscle and Stella Shiu has the absolute determination and wants to make the Trade Centre happen……..”

Meanwhile Utterly Addled added: (see HERE)

“We have not been told by either Peel or Sam Wa that the ITC is not going to happen and on the contrary we have been told there is still the determination by Sam Wa for it to go ahead in Wirral.”

Well, that’s alright then!!  Determination will win the day!………or should that be the delusion?

Makes us want to get Eldritch to drive the Bentley down to Wallasey Town Hall to approach Pip and Addled and like the Sergeant Major in the Monty Python sketches halt proceedings by saying:
“Right stop that! stop that!.It’s gotten very silly , very silly indeed“.

It’s not loss of credibility that appears to be the most prominent issue here for Pipsqueak and co – there wasn’t any to begin with – but loss of marbles……