It clearly states on the
http://conservativehome.blogs.com/platform/2011/02/charlie-elphicke-mp-how-dover-provides-a-safe-harbour-for-the-big-society.html below:-
"That's why a bid has been organised for the people of Dover to take over the port. The People's Port community trust is composed of serious experts living in the Dover community and eminent business figures like Sir Patrick Sheehy and Algy Cluff. A £200m bid has been submitted to the Prime Minister. Anyone living or working locally can become a member for £10, as it is organised like the co-op"
So the figure is £200m not £400m and anyone from Dover Area can become a member for a tenner but the big backers, Sir Patrick Sheehy and Algy Cluff, who are big successful business men, for a reason, do not live in Dover. What commitment will they have for Dover/Deal?