Monday 21 January 2013

Hosting a Meeting - the Frankham Way

by Stamford Bridge

Before Christmas Chelsea Pitch Owners' Chairman Steve Frankham hosted a meeting to discuss possible fundraising methods for CPO. To do this he hired a room from Chelsea FC. Now, on the face of it, that all seems sensible.

However here at Stamford Bridge: The Truth we are hearing tale of some of the figures behind that meeting. 

Number of attendees at the meeting: Four (yes, 4).
Cost of room hire: £500

Look at that another way: it is £125 per person attending.

Or another way: £500 represents 500 years worth of rent on Stamford Bridge which CPO rent to CFC at the peppercorn rate of £1 per year.

Given the meeting was intended to look at fundraising for CPO perhaps the Chairman might want to look more closely at the colossal waste of funds his holding of such meetings costs?

You do have to wonder whether Mr Frankham would be so generous were it his own money he was spending and not that of his members?

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