Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Wembley worries

  • Comment
astragal

Fees for bankers and lawyers involved with the Wembley Stadium deal have 'soared to £82 million', as the Sunday Telegraph put it. You could build a stadium for that. Even more worrying is the intelligence, conveyed by the Sunday Express, that the deal to get the show on the road owes much to the activities of one Paul 'BoomBoom' Bloomfield, a formerly disgraced finance and property man with an uncanny knack of bouncing back. He once sold the Paternoster Square site to unsuspecting Venezuelans with a sniffy reputation (if you know what I mean) by waving £50 notes featuring St Paul's in front of them, as evidence of the site's importance.They didn't notice they were buying leases, not freeholds, until it was too late.

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.