volvopaul
Well-Known Member
The covenant was an assumption by myself based on how I think the Broom family would have liked to have safeguarding the loyal employers for a few years. The downturn in sales of this type of boat along with the distinct lack of investment to build with the times would have been a major contributor to the final outcome.
Or was this deliberate knowing that one day they would be sat on land with a massive investment income , watch this space as they say. The Harbour yachts thing didn’t get anywhere , the hire fleet will continue to make money but to run that you don’t need a site that size and boats can be built virtually anywhere these days up to a certain size .
I’m sure all will be revealed , whatever we think the boating industry has a big gap in it for the Broom type of owner .
Or was this deliberate knowing that one day they would be sat on land with a massive investment income , watch this space as they say. The Harbour yachts thing didn’t get anywhere , the hire fleet will continue to make money but to run that you don’t need a site that size and boats can be built virtually anywhere these days up to a certain size .
I’m sure all will be revealed , whatever we think the boating industry has a big gap in it for the Broom type of owner .