How did we get here!!
The Foundation have written to Lord Fink asking for an explanation as to how this land ended up getting sold to an international criminal.
After many years of hard work to achieve community ownership of the playing fields at Udney Park, the sanctions imposed on owner Mr Wu have created hurdles that seem impossible to overcome.
In summary
Unfortunately, the obstacles to a CPO appear insurmountable. LBRUT have confirmed that the CPO process could take many years and cost a substantial six-figure sum which the Foundation would be expected to underwrite.
At the end of this process, the price of the land would be determined by a RICS valuer who could decide that the fields were worth what they were acquired for (£3.5m). The Foundation would have to underwrite this purchase price. This is a ludicrously high valuation given the planning restrictions in place and not one that the Foundation can afford.
Faced with these financial challenges, the Trustees of the Foundation are unable to pursue a CPO, so for now at least, all efforts are on hold.
Many people have tried to unravel this situation to whom the Foundation owe thanks - not least our MP, Munira Wilson, and the late councillor, Robin Brown.
The local Trust headed by Mark Jopling, Philip Barnes, David Hogden, and Neil Sinclair, has worked tirelessly to protect the fields and provided support in the background.
We now face the ludicrous proposition that these playing fields will remain in the ownership of Mr Wu indefinitely - a sanctioned criminal with four different identities currently incarcerated in Japan.
Send ideas on a postcard
The Foundation have written to Lord Fink asking for an explanation as to how this land ended up getting sold to an international criminal.
The Times confirmed on 24th August that Mr Wu (the owner Of Udney Park playing fields) has been arrested in a Japan. The same article reported on his multiple identities and involvement in international crime.
The Udney Park Community Fields Foundation have taken a keen interest in the status of Mr Wu due to his ownership of important community playing fields in the London Borough of Richmond on Thames. He purchased these fields via a company registered in the British Virgin Islands called Leisure Focus.