An epitome of respect to his business folks and fellow
football fans, Jon Woods is a prominent
figure in the world of football. But as it is rightly said, everything that
glitters is certainly not gold. They Kenny family warns the world telling how
this perfectionist is actually a deceiver and has repudiated them millions of
pounds in highly lucrative business deals.
Everton FC boss Jon Woods exposed
Monday, 31 March 2014
Sunday, 9 March 2014
Wednesday, 26 February 2014
Tuesday, 25 February 2014
The truth must come out and the record put straight
At one point, there was meant to be an
adjournment debate speech in the House of Commons which would have given the
details in full – under legal protection – of Mr Woods’ extraordinary behaviour
but there was not enough time for the debate to be heard.
Bullying businessman protected by the law
Another interesting aspect to the whole
shady deal is that it appears that Mr Woods had already drawn up the legal
agreement for Mrs Kenny to sign and thus leading her to relinquish any claim
against the properties.
This move led to Nicholas Kenny’s own
solicitor to remark that a substantial claim must have already existed
Jon Woods of Everton FC and his ‘ruthless business practices
However, the Powerhouse deal is not all
that it seems. While Mr Woods is the owner, his friend Mike McComb has an
option to re-develop the site for 75 houses
That is going to be a lot of houses for
sale and likely to be hugely profitable for Mr McComb, a man who made his
fortune in mobile phones.
Football Association ‘Fit and proper’ rules
Mr Kenny is also highlighting whether the
Football Association’s rules on who should own and run football clubs in England are as tough as they ought to be.
He explains: “Are we really saying that
this is a man to be trusted with a football club that has been in existence for
so long? This man has no integrity and the FA is trying to ‘clean up’ the game
and protect its integrity by not letting such businessmen exploit their
positions in clubs.
“I am calling for the FA to look more
closely into Mr Woods and his business activities.”
Jon Woods uses lawyers to silence critics and protect his reputation
The Kenny family tried to reason with Mr
Woods and when that relationship broke down they reverted to the law but there
wasn’t a lot the family – now in straightened circumstances - could do.
Nicholas took up the fight to seek justice
for his late father and instructed his own solicitors.
Having spent £0000s the legal professionals
concluded that he had been ‘royally screwed over’ and trying to overturn the
legal agreement that Mrs Kenny had signed was virtually impossible and in any event
would be very costly to pursue.
Jon Woods of Everton FC bullied a widow into submission
Mr Woods demanded, and got, Mrs Kenny to
sign away her rights to any future profit for a fraction of what could be
expected. In the face of legal action and poisonous threats, Mrs Kenny’s health
severely suffered. He had warned the widow that she could face having to pay
out millions of pounds if the properties made a loss.
Jon Woods and his offshore businesses to conceal taxable profits
To help maintain the secrecy, Mr Woods set
up Ovenden lnvestments which is registered in the British Virgin lslands and is
administered through Guernsey. By doing this
he has managed to keep his involvement in what is a controversial development,
secret.
Over the years, Mr Kenny worked very hard
for Mr Woods finding and buying land sites for him but the two men never signed
a formal agreement to share future profits on their big buys – particularly the
Powerhouse venture.
Unfortunately, Mr Kenny, a hugely popular
man and great raconteur, died suddenly in 2001.
At the time he was in the process of
formalising the verbal agreement with Mr Woods ensuring his 50% spilt of future
profits, but he died before this was actioned – although deeds of trust were set-up
for other properties worth £1.5m.
Most lucrative partnerships would go under
at this point with Mr Kenny’s drive and experience having disappeared, but all
was not lost, however, as Mr Kenny’s son Nicholas stepped into the breach and
carried on where his father left off. In the next four years, he did so well he
made £450,000 profit for Mr Woods
Nicholas willingly undertook this work on
the strict understanding that the previous agreements still stood. The Yew Tree Farm venture which is in a
fantastic 104 acre location for a housing development in Burscough, West
Lancashire, was sold by Mr Woods later
for a £1million loss (even though surveyors valued it at much more). It is now
earmarked for 1,000 new homes!
So why would such an astute businessman
such as Mr Woods do something as incredible as that?
The answer, it seems, is a business tactic
that would deny his deceased partner’s family a share in future profits of
their partnership when it was already carrying such a big loss.
Confused? So were the Kenny family and in
the coming months – despite Mr Wood’s repeated assurances that everything about
the deal with Mr Kenny would be respected – he then went for Mrs Kenny, a widow who couldn’t stand up to Mr Wood’s
endless bullying tactics.
The Powerhouse development in Formby, Merseyside
One of their first big buys was to splash
out £756,000 on a former power station called The Powerhouse in Formby,
Merseyside. This 17 acre site housed electricity generators but is now derelict
and home to vandals, travellers and local youngsters who use the buildings for
drink and drugs dens.
Bullying businessman protected by the law
Bullying businessman protected by the law
Another interesting aspect to the whole
shady deal is that it appears that Mr Woods had already drawn up the legal
agreement for Mrs Kenny to sign and thus leading her to relinquish any claim
against the properties.
This move led to Nicholas Kenny’s own
solicitor to remark that a substantial claim must have already existed against
Mr Woods which is why he pursued so ruthlessly his own aim of getting Mr
Kenny’s widow to sign a deal on his
terms. Nicholas Kenny has doggedly pursued justice for his family in the face
of injunctions and legal threats and has tried to enlist the help of MPs to
help his case.
At one point, there was meant to be an
adjournment debate speech in the House of Commons which would have given the
details in full – under legal protection – of Mr Woods’ extraordinary behaviour
but there was not enough time for the debate to be heard.
Nicholas Kenny says: “Mr Woods believes he
is untouchable and comfortable in a win-win situation. My family has
effectively been defrauded out of millions of pounds and
there is, seemingly, little I can do about it.
“There is no way to legal redress because
Mr Woods has everything legally tied up but his practices and behaviour are
nothing short of deplorable and the more that people know about him and his
business ways, the better.”
He added: “The truth must come out and the
record put straight.”
The Powerhouse is likely to be sold to
Bellway Homes to build 75 houses.
The site is worth around £1m per acre which
gives a sale price of between £7-8m and that doesn’t include the another 10
acres on the site. The deal means that Mr Woods stands to make a cool £6m in
profit which is £3m more than he is morally entitled to.
Monday, 24 February 2014
The Powerhouse, Formby, Hoggs Hill Lane, Formby Draft Heads Of Terms – Subject to contract
THE POWERHOUSE, FORMBY, HOGGS HILL IANE, FORMBY
DRAFT HEADS OF TERMS
SUBJESf TO CONTRACT
1. Ovenden lnvestments Ltd/Mr N J Kenny-TBC
2. Vendo/s Agent Mr N J Kenny
3. The Purchaser The Miller Group Ltd
Miller House
18 South Groathill Avenue
Edinburgh
EH4 2LW
clo Miller Homes {North West) Ltd
Spencer House
93/95B Dewhurst Road
Birchwood
Warrington
WA3 7PG
4. Vendor's Solicitor Lawson Coppock and Hart
18 Tibb Lane
Cross Street
Manchester
M2 4JA
5. Purchaser's Solicitor Addleshaw Booth & Co
100 Barbirollo Square
Manchester
M3 2AB
Contact:MrMGaffney
DRAFT HEADS OF TERMS
SUBJESf TO CONTRACT
1. Ovenden lnvestments Ltd/Mr N J Kenny-TBC
2. Vendo/s Agent Mr N J Kenny
3. The Purchaser The Miller Group Ltd
Miller House
18 South Groathill Avenue
Edinburgh
EH4 2LW
clo Miller Homes {North West) Ltd
Spencer House
93/95B Dewhurst Road
Birchwood
Warrington
WA3 7PG
4. Vendor's Solicitor Lawson Coppock and Hart
18 Tibb Lane
Cross Street
Manchester
M2 4JA
5. Purchaser's Solicitor Addleshaw Booth & Co
100 Barbirollo Square
Manchester
M3 2AB
Contact:MrMGaffney
Sunday, 23 February 2014
Jon Woods of Everton FC accused of shady business deals
To his fellow football fans and business folk, Jon Woods is a figure of respect in the English football game but one family is warning that the man is untrustworthy and has effectively denied them millions of pounds in lucrative business deals.
The sorry saga begins in 1997 when Mr Woods entered a business partnership with James Kenny, an extraordinary businessman and keen property developer.
Exposed In this PresentationThis partnership would profit from Mr Kenny’s vast experience of developing property and create the opportunities for investment while Mr Woods, who made his fortune from computer games, would put up the money.
In the beginning everything worked as it should – Mr Kenny found the properties, while Mr Woods paid for them.
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