In October 1946, Stanley approached fur-dealer Cyril Ross, the common acquaintance from the Manchester train, with a business proposition. Ross said that he would be interested in a multiple store such as J. Jones of Manchester. Stanley agreed to pursue the matter and also to get permission for flotation as a public company from the Capital Issues Committee. Stanley, somewhat prematurely, offered a directorship in J. Jones to Gibson who, owing to his position, turned it down. Ross had originally intended that Stanley would be remunerated by equity in the new company but he ultimately lost trust, largely because of the extortionate expenses that Stanley regularly claimed, and agreed only to a fee for the work.