Danny had decided not to tell Ms. Bennett how he would be spending the rest of his afternoon, as he had no doubt that she would dismiss the very idea as frivolous. However, she did appear pleased to learn how he'd fared in the essay competition.
Molly had already served Monsieur Segat with a second cup of tea by the time Danny arrived back from his meeting with Ms. Bennett. The Swiss banker rose from his place as Danny entered the room. He apologized for being a few minutes late, without offering an explanation.
Segat gave a slight nod before sitting back down. "You are now the owner of both sites, which are in serious contention for the Olympic velodrome," he said. "Although you can no longer expect to make quite such a large profit, you should still have a more than satisfactory return on your original investment."
"Has Payne called back?" was all Danny wanted to know.
"Yes. He phoned again this morning, and made a bid of four million pounds for the site most likely to be selected. I presume you want me to turn the offer down?"
"Yes. But tell him that you would accept six million, on the understanding that the contract is signed before the minister announces her decision."
"But that site will be worth at least twelve million if everything goes to plan."
"Be assured, everything is going to plan," said Danny. "Has Payne shown any interest in the other site?"
"No. Why should he," said Segat, "when everyone seems to know which site is going to be selected?"
Having gained all the information he needed, Danny switched subjects. "Who came up with the highest offer for our site on Mile End Road?"
"The highest bidder turned out to be Fairfax Homes, a first-class company, which the council has worked with in the past. I've studied their proposal," said Segat, handing Danny a glossy brochure, "and have no doubt that subject to a few modifications from the planning
committee, the scheme should get the green light within the next few weeks."
"How much?" asked Danny, trying not to sound impatient.
"Ah, yes," said Segat, checking his figures, "remembering that your outlay was a little over a million pounds, I think you can be well satisfied that Fairfax Homes came in at £1,801,156, giving you a profit of over half a million pounds. Not a bad return on your capital, remembering that the money's been in play for less than a year."
"How do you explain the figure of £1,801,156?" asked Danny.
"I would guess that Mr. Fairfax expected that there would be several bids around the one point eight million mark and just stuck his date of birth on the end."
Danny laughed as he began to study Fairfax's plans for a magnificent new block of luxury flats on the site where he had once worked as a garage mechanic.
"Do I have your authority to call Mr. Fairfax and let him know his was the successful bid?"
"Yes, do," said Danny. "And once you've spoken to him, I'd like a word."
While Segat made the call, Danny continued to study Fairfax Homes' impressive plans for the new apartment block. He only had one query.
"I'll just pass you over to Sir Nicholas, Mr. Fairfax," said Segat. "He would like to have a word with you."
"I've just been studying your plans, Mr. Fairfax," said Danny, "and I see you have a penthouse on the top floor."
"That's right," said Fairfax. "Four beds, four baths, all ensuite, just over three thousand square feet."
"Overlooking a garage on the other side of Mile End Road."
"Less than a mile from the City," retorted Fairfax. Both of them laughed.
"And you're putting the penthouse on the market at six hundred and fifty thousand, Mr. Fairfax?"
"Yes, that's the asking price," Fairfax confirmed.
"I'll close the deal at a million three," said Danny, "if you'll throw in the penthouse."
"A million two and you've got yourself a deal," said Fairfax.
"On one condition."
"And what's that?"
Danny told Mr. Fairfax the one change he wanted, and the developer agreed without hesitation.
Danny had chosen the hour carefully: 11
A.M
. Big Al drove around Redcliffe Square twice before stopping outside number 25.
Danny walked up a path that hadn't seen a trowel recently. When he reached the front door he rang the bell and waited for some time, but there was no reply. He banged the brass knocker twice, and could hear the sound echoing inside, but still no one answered the door. He rang the bell one more time before finally giving up and deciding to try again in the afternoon. He had almost reached the gate when the door suddenly swung open and a voice demanded, "Who the hell are you?"
"Nick Moncrieff," said Danny, turning around and walking back up the path. "You asked me to give you a call, but you're ex-directory, and as I just happened to be passing . . . "
Davenport was wearing a silk dressing gown and slippers. He clearly hadn't shaved for several days and began blinking in the morning sunlight like an animal that had come out of hibernation on the first day of spring. "You told me you had an investment you thought I might be interested in," Danny reminded him.
"Oh, yes, I remember now," said Lawrence Davenport, sounding a little more receptive. "Yes, come in."
Danny entered an unlit corridor that brought back memories of what the house in The Boltons had been like before Molly had taken charge.
"Do have a seat while I get changed," said Davenport. "I'll only be a moment."
Danny didn't sit. He strolled around the room admiring the paintings and fine furniture, even if they were covered in a layer of dust. He peered through the back window to see a large but unkempt garden.
The anonymous voice had called from Geneva that morning to say that houses in the square were currently changing hands at around three million pounds. Mr. Davenport had purchased number 25 in 1995, when eight million viewers were tuning in to
The Prescription
every Saturday evening to find out which nurse Dr. Beresford would be sleeping with that week. "He has a mortgage of one million pounds with Norwich Union," said the voice, "and for the last three months he's fallen behind with his payments."
Danny turned away from the window when Davenport walked back into the room. He was wearing an open-neck shirt, jeans and sneakers. Danny had seen better-dressed men in prison.
"Can I fix you a drink?" asked Davenport.
"It's a little early for me," said Danny.
"It's never too early," said Davenport as he poured himself a large whiskey. He took a gulp and smiled. "I'll get straight to the point, because I know you're a busy chap. It's just that I'm a little strapped for cash at the moment—only temporary, you understand—just until someone signs me up for another series. In fact, my agent was on the phone this morning with one or two ideas."
"You need a loan?" said Danny.
"Yes, that's the long and the short of it."
"And what can you put up as collateral?"
"Well, my paintings for a start," said Davenport. "I paid over a million for them."
"I'll give you three hundred thousand for the entire collection," said Danny.
"But I paid over . . ." spluttered Davenport, pouring himself another whiskey.
"That's assuming you can provide evidence that the total you paid does amount to over a million." Davenport stared at him, as he tried to recall where they had last met. "I'll instruct my lawyer to draw up a contract, and you'll receive the money the day you sign it."
Davenport took another gulp of whiskey. "I'll think about it," he said.
"You do that," said Danny. "And if you repay the full amount within twelve months, I'll return the paintings at no extra charge."
"So what's the catch?" asked Davenport.
"No catch, but if you fail to pay the money back within twelve months, the paintings will be mine."
"I can't lose," said Davenport, a broad grin spread across his face.
"Let's hope not," said Danny, who stood up to join him as Davenport began walking toward the door.
"I'll send a contract round along with a check for three hundred thousand pounds," said Danny as he followed him into the hall.
"That's good of you," said Davenport.
"Let's hope your agent comes up with something that suits your particular talents," said Danny as Davenport opened the front door.
"You don't have to concern yourself about that," said Davenport. "My bet is that you'll have your money back within a few weeks."
"That's good to hear," said Danny. "Oh, and should you ever decide to sell this house . . . "
"My home?" said Davenport. "No, never. Out of the question, don't even think about it."
He closed the front door as if he'd been dealing with a tradesman.
D
ANNY READ THE
report in
The Times
as Molly poured him a black coffee.
An exchange which had taken place on the floor of the House between the Minister of Sport and Billy Cormack, the Member for Stratford South, was tucked in at the end of the paper's Parliamentary report.
Cormack (Lab., Stratford South): "Can the minister confirm that she has shortlisted two sites for the proposed Olympic velodrome?"
Minister: "Yes I can, and I'm sure my honorable friend will be delighted to learn that the site in his constituency is one of the two still under consideration."
Cormack: "I thank the minister for her reply. Is she aware that the president of the British Cycling Federation has written to me pointing out that his committee voted unanimously in favor of the site in my constituency?"
Minister: "Yes I am, partly because my honorable friend kindly sent me a copy of that letter (laughter). Let me assure him that I shall take the views of the British Cycling Federation very seriously before I make my final decision."
Andrew Crawford (Con., Stratford West): "Does the minister realize that this news will not be welcomed in my constituency, where the other shortlisted site is located, as we have plans to build a new leisure
center on that land, and never wanted the velodrome in the first place?"
Minister: "I will take the honorable member's views into consideration before I make my final decision."
Molly placed two boiled eggs in front of Danny just as his mobile phone rang. He wasn't surprised to see Payne's name flash up on the little screen, although he hadn't expected him to call quite so early. He flicked open the mobile and said, "Good morning."
"Morning, Nick. Sorry to ring at this hour, but I wondered if you'd read the Parliamentary report in the
Telegraph
?"
"I don't take the
Telegraph
," said Danny, "but I have read the ministerial exchange in
The Times
. What's your paper saying?"
"That the president of the British Cycling Federation has been invited to address the Olympic Sites Committee next week, four days before the minister makes her final decision. Apparently it's no more than a formality—an inside source has told the
Telegraph
that the minister is only waiting for the surveyor's report before she confirms her decision."