Manston is closed, it is no more, it is deceased, in fact it wouldn't go Vroom if you put 40000 volts through it. Famous words and oh so true in this case. The only knight in shining armour is an American hedge Fund who is led by Tony Freudmann , who has run Manston before and failed miserably.
So what do we know about Riveroak? Michael Child recently answered that in part as follows "The choice here isn’t between an airport and a mixed use light industrial and residential development but between RiverOak who as far as I can see have no verifiable record of creating any jobs and Discovery Park who already run the development that is the largest local employer.
As a local businessperson I am only too aware that a very large proportion of my customers, who have an income sufficient that it means they can afford to buy more than essentials, work at Sandwich Discovery Park.
I have looked long and hard to find any references to RiverOak doing anything more than operating as a residential real estate hedge fund company. By this I mean investing clients funds into housing to produce a return on the rents.
I can find no verifiable link between RiverOak and commercial property investment, in fact they don’t even own the freehold of their own office.
I can’t see how any credible company could go through years of trading without leaving a media and internet trail showing what they have achieved, this may of course be because my it skills are not up to the job." In my research I have to agree with him.
Recently a leaflet has been delivered in Ramsgate which seems to suggest a profound difference between the legal owners and the would be owners with TDC being asked to act as Robin Hood.
Some might see it one way and others another however in a recent, unscientific poll, on "We love Ramsgate" 1% voted for Riveroak and 2% voted for the legal owners, showing 97% have no idea what they want and don't get involved.
My personal opinion is everyone has a say else this view may win out:-