anyone smell a rat ?

[Wullie]

To me it sounds like a pyramid scheme Do they intend to buy back your item for a profit? It's bizarre beyond belief.

[Wullie]

Obviously their 25 years of experience didn't stop them racking up debts of £175000

[Tynie Topics]

Wullie wrote:

True. But by listing the company name it'll be in the google search . Then people can make up their minds. Do people with money to invest , invest it blindly in a internt company ???

Ahh, get you now!

sportingmemorabiliainvestment.com

A company I wouldn't touch with a barge pole!
_________________
https://www.flickr.com/photos/footballprogrammes/albums

[whitenoize]

Boiler Room scam. Has anyone seen Wolf of Wall Street?

[martino]

Any other Companies been set up?

Nothing to stop anyone setting up multiple Companies in different names doing the same or similar.

[DENBIGH]

The address on his facebook site is High Street
L1 8LT Liverpool, which appears to be the car park
for Liverpool One shopping centre

For those on Facebook, you can go to the other tab
and report it as a scam

[dcfc46]

He might be sleeping there in a cardboard box

[Wullie]

Someone may wish to contact one of their portfolio managers and ask how Mr Lane can stand up at a meeting to wind up his businesse with huge debts stating that the memorabilia business has had some lean years. Six months later Mrs Lane starts a company that , I quote her web site
"" Investing in Sporting Memorabilia has a infinite life. Global demand for Sporting Memorabilia is increasing driven by traditional markets such as the UK, Europe and the US, and emerging markets such as China and South East Asia.
Sporting Memorabilia Investment in the UK accounts for one third of the Sporting Memorabilia market which has trebled in value in the last decade. With an annual turnover of £1.5 billion, and growing, Sporting Memorabilia is an increasingly attractive option for investment. Over the long term with an average annualised return of up to 35% the Sporting Memorabilia market regularly outperforms the FTSE 100 Index and other alternative asset classes.""

So please Mr Lane, appear on the forum and state what your opinion is. If Sporting memorabilia is such a dynamic investment, THEN HOW COME YOU ARE BANKRUPT ???
http://sportingmemorabiliainvestment.com/

[Wullie]

Tynie Topics wrote:

This venture is set-up to net people who want to invest their money somewhere like stamps, coins, football memorabilia, fine wine etc without actually knowing too much about what they're investing in. It's not designed for collectors like ourselves, therefore the potential investors may not know the background of those involved.

This is 100 percent correct. Even if we never heard of the Lanes , as collectors we can see from a mile off this is very dodgy. No doubt they'll be greedy / gullible people out there with more money than sense. As it will involve stupid , greedy, gullible people and not collectors then that's their problem. Just can't see how such a company can exist. It's bonkers. No doubt he'll be driving round the country seeking widows ( or Australians )with collections to get rid off. The funny thing is you get to keep and store the items. I wonder what the conditions of this are ? No smelly damp smoke filled garages i hope.
http://sportingmemorabiliainvestment.com/

[overlap]

What concerns me is that while indeed most of us on here know about the previous doings and loss-making activities of Mr Lane, the website of his wife might still lure in some unsuspecting soul who believes that there actually is an "average annualised return of up to 35%" in sporting memorabilia.
How can the partner of someone who has lost a large sum of money dealing in sports memorabilia make such a statement with a straight face.
It is the diametric opposite of what has actually happened at a certain address on Merseyside.
I wonder what the Advertising Standards Authority would say about that.
As for talk of "contact our portfolio managers", words fail me.

[Wullie]

I think the portfolio manager is the guy in the garage with all that stuff....
Does Mrs Lane have 25 years experience of memorabilia investing ? Who is the "we" in we have 25 years ? And what about that Liverpool address ?

Business Details
Parking
Parking: Street

What sort of address is that for a Dynamic company who can offer huge returns on your investment ?


http://sportingmemorabiliainvestment.com/

[galmpton]

wa-com.com/sportingmemorabilianvestment.com
wendy lane

[martino]

Contact the guys at Programme Monthly who have shown an interest in FSA's demise. They may have to choose their words carefully but it will start to alert a wider audience.

[Wullie]

I think as Tynie has stated , it doesn't concern collectors as such, but will upset many who have lost fortunes to Lane. I've wrote off reports to various authorities , mainly about the lack of detail given on the site and the dodgy address. At the end of the day , many warned me he would resurface in some form . In the past the programme business has been too lucrative for him to give up. It's all he knows. It's all he can do. He's a Walter Mitty character i'm sure. He must be able to make quite a sum to keep going. and make a living out of it. And he does have a lot of contacts in the collecting world who will help him , to help themselves. It's our duty i feel to warn people of his past , who he is , what he has done. It's all we can really do .

http://sportingmemorabiliainvestment.com/

[Footyfan]

As much as I enjoy football programmes/memorabilia I fear I will have to give this deal a miss because.........

....... I received my Readers Digest Prize Draw letter this morning where I am guaranteed to win a share of £50k.

I was 'specially' chosen - Unbelievable Jeff!

I could of course invest my Readers Digest winnings!

[ntw]

If I've understood this right, you say, 'I'm happy to invest (say) £10,000'. In return you get a load of sports memorabilia (let's say 10,000 pprgrammes from the 1980s). You get to store these yourself. At some point in the future, you can decide to cash this in, and they'll help you find a suitable way to market for this. Presumably you then get whatever the return is (minus some sort of commission I expect). Is that how this is supposed to work??

Seriously, who the frig would ever go for something like that?!?

[Wullie]

ntw wrote:

If I've understood this right, you say, 'I'm happy to invest (say) £10,000'. In return you get a load of sports memorabilia (let's say 10,000 pprgrammes from the 1980s). You get to store these yourself. At some point in the future, you can decide to cash this in, and they'll help you find a suitable way to market for this. Presumably you then get whatever the return is (minus some sort of commission I expect). Is that how this is supposed to work?? Seriously, who the frig would ever go for something like that?!?

I think the company are aiming at the Asian market. They want to ship 10,000 programmes to China . It's a up and coming market apparently. The Chinese are falling over themselves to get hold of the stuff. Depending on your risk aversion you can invest low risk, 1980s ,medium risk 1970s, high risk 1960s. It's a NEAR risk free return on your investment. Did you all notice the word NEAR ???

[Wullie]

Sporting Memorabilia Investment in the UK accounts for one third of the Sporting Memorabilia market.

Double meaning here. The buying of memorabilia is one third for investing and two thirds collecting .

But the line is very misleading. Sporting Memorabilia Investment
is the name of the company . So could be read that this company accounts for a third of all sporting memorabilia spending in the UK market.
They have portfolio managers . Again , making themselves look a large company, certainly not some bloke in a grotty garage. An annual turnover of £1.5 billion, and growing. How can anyone come up with that figure ? Now is the time to be investing in this vibrant market , says the wife of someone who has lost £175,000 on this vibrant market. The site is the work of an amateur.
http://sportingmemorabiliainvestment.com/

[Rocky]

martino wrote:

Any other Companies been set up? Nothing to stop anyone setting up multiple Companies in different names doing the same or similar.

Maybe not a company, but does anybody know what became of this venture?

http://www.clubwebsite.co.uk/fcblades/Committee/view/166593

[Wullie]

The most puzzling part of this new venture by the Lanes is the High, medium, low risk nature of the investments . I love to hear how this would work.

If I paid Lane £1000 , and asked for low risk return in five years I probably could expect a 1920 FA Cup final programme ( worth more than £1000 now and in five years )

Medium risk a 1923 Cup final (in five years maybe get my money back but not guaranteed )

High Risk a 1932 cup final (not worth half my investment now or in five years from now).

But in normal investing circumstances the higher the risk , potentially the bigger the award.

Can anyone think how this can be possible in collecting memorabilia ?