Has been definitely known for quite a while in Oz construction circles (I was first told about 3 months ago) that despite what Multiplex were saying in press, they were never really going to achieve the completion date. They have been delaying the announcement for as long as possible prior to some Stock Exchange announcements that they have to make this week. They have been getting a smacking in both countries from the sounds of it. Behind the scenes in Australia they are looking to consolidate operations back to Sydney (and probably Perth given that is their home city) while from everything that friends have told me - the losses that they are looking at on the White City project in London will make Wembley look like a successful job. To top this off, class actions on behalf of a certain section of their shareholders against the company are due to commence shortly so with all this going on it is no wonder that the FA has concerns regarding the long term financial viability of the company.
