Year of Flogging A Dead Horse

Under the table

Peel Director Lindsey Ashworth (left)  fondly remembers the table that he claims  Hong Kong bankrupt Stella Shiu could drink him under. Power Boy Pip (allegedly left) looks on gormlessly.

We’d like to thank the perplexed readers who contacted us about a couple of stories that have been published on consecutive days this past week in the Liverpool Echo. They’ve asked us if we could throw some light on the stories.  The first thing we’d like to say is that the Echo is certainly living up to its name. These  two stories appear to us as being not so much published as regurgitated – and much like vomit – equally sickening.

http://www.urbandictionary.com/define.php?term=Echo

So let us do this chronologically  – firstly on 14th March we get this previously reported story about Peel Empires Inc – having quite reasonably given up on the Stella Shiu  No-Show – moving on to Plan B ( B for bullshit)  and now want to throw up ( there’s a theme here) residential units on the site previously earmarked for businesses ,offices and the International Trade Centre.

http://www.liverpoolecho.co.uk/news/business/peel-seeks-investors-partners-build-11039885

Yes ! –  23,500 more buy-to-lets! –  just what we need in the Liverpool Economic Partnership area (which includes Wirral) and which the English Indices of Deprivation indicates is the worst in England and bottom of the league when it comes to employment, income, health deprivation and disability.

Wirral – deprived and with a declining population that is becoming increasingly elderly and dependent .What an attractive proposition to investors!

Then on 15th March we get this follow up desperate “news”story :

http://www.liverpoolecho.co.uk/news/liverpool-news/wirral-trying-make-international-trade-11034120

Talk about late to the party !. It was 5 months ago we covered this bogus story about desperate Wirral Council leader Power Boy Pip Davies maintaining his blind faith in Hong Kong bankrupt Stella Shiu by flogging off some land miles away from the Wirral Waters site when it was first reported in the Financial Times :

https://wirralleaks.wordpress.com/2015/11/20/chinese-takeaway-1st-dibs-2nd-course/

Presciently we commented :

  • The  FT report appears to us to have been a “controlled leak” via a national newspaper with a niche market . Who authorised this leak and what was the motivation to leak the jubilant news of the Sam Wa / Stella Shiu hook-up rather than being heralded as a “good news” story in the likes of the Liverpool Echo ?

Clearly in hindsight this was an early example of Wirral Council’s PR amateur Martin Liptrot’s early work  which he followed up months later with the  lazy / compliant local mouthpiece that is the  Liverpool Echo.

As Her Ladyship commented : ” Wasn’t it a Chinese New Year recently – what was it?  – The Year  of Flogging A Dead Horse ?”

Wirral Waters - Artists Impression

Wirral Waters – the latest artist’s impression.

Stop Being Silly

monty_python_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……