America’s Cup: Land Rover BAR Close to Collapse:
Portsmouth, UK (1 April 2016) – Following on from the UK Government’s £9m injection of public cash into the building of the Land Rover BAR base in Portsmouth, and high profile support from the mastermind of the Olympic Games in Britain, Sir Keith Mills, the British America’s Cup challenger is struggling for survival and reportedly has only days left as a going concern.
Investment banks, private equity, and local developers are said to be eyeing the landmark property on the famous Camber in Old Portsmouth and are hoping to jump in ahead of official receivers being called and a fire-sale of assets. “It’s a complete mess,” said an insider. “From day one the project has over…
Full Article: Scuttlebutt Sailing News – America’s Cup: Land Rover BAR Close to Collapse, Editor
Ronstan Reveals New Facts Regarding Company Name:
Melbourne, Australia (April 1, 2016) – Ronstan, a world-leading manufacturer of sailboat gear, was launched 60 years using the first names of its two founders Ron Allatt and Stan Le Nepveu. However, a recent discovery of corporate documents has revealed that the company name was in fact a merge of their middle names. Ron’s actual full name is Harold Ronald Arthur Allatt and Stan’s full name was Kenneth Stanley Leslie Le Nepveu, but the partners agreed that Harken was not a proper name for their company.
Full Article: Scuttlebutt Sailing News – Ronstan Reveals New Facts Regarding Company Name, Editor