54cm OLMO steel racer bike *NEEDS LOVE*

A few of you may recognise this bike...
I got sold a cracked frame by someone who is now banned from the forum. Long story short: I paid £200 for this bike as a complete. Originally I knew it needed some work but saw the value in the parts so was happy to buy it as a roadie project. I was told there wasn't a crack in the frame but alas there was.
I have been told this is repairable. Either a TIG welding or paying for a whole new DO on the rear. All for under £100 or who knows, you might have a mate that does it for a case of beer. EITHER WAY there are options.

I aint looking to get back what I paid for it. I am pricing this due to the main parts on the bike as well as the value in the forks and wheels. The frame is hardly taken into my calculations. I could sell these parts off individually and benefit more financially but I don't have the time.

In my opinion...This bike needs a new chain, brake cabling for the front, ditch the Shimano gear shifters, rear wheel axle needs looking at and obviously the crack in the rear DO needs repairing. But hey! I was told "The bike works fine, needs some adjustment". Lol.

Specs are as follows:
-Early 80's frame with chips and decal peels
-Campagnolo 27.2mm aero seatpost
-Campagnolo cranks amd rear derailleur (7 speed)
-Mavic Open 4CD wheelset laced to Campagnolo chorus hubs (rear axle needs some
attention)
-Campagnolo front and rear brakeset
-Campagnolo chorus aero road pedals
-1" columbus steel blue forks
-Campagnolo headset
-130mm Cinelli quill stem with Giro D'Italia drop bars

-£100

Collection in Clapton E5

12 Attachments

Ah man, I bet you were pissed when you found out this was cracked.

This looks like the perfect bike to strip down in an evening, give it a good clean, run some new cables, new bar-tape, chain etc and call it done!

Potentional dibs, gonna speak to my weldy pal and see what he says about fixing!

Oh, sorry to read about this situation.
You say the back wheel needs looking at, what is the issue, seems by the break and wheel issue this bike may have taken a hit?
Any info much appreciated.

If internet famous drops out then 2nd potential dibs on this.

sorry it ended like this :(
GLWS

Hi, I'll offer you the £100 + shipping to Ireland if you'd be happy with that?

I'm keen, pm'ing you now

Is this still available?

Pmd with offer

Change of circumstances.
I'm out .
GLWS.

Hey sorry for my late reply I’m away! You have first dibs so let me know soon? Otherwise it’ll go to the next guy :)

No worries

Could possibly work! Just waiting to hear back on the first few who called Dibs :)

Bike being picked up Monday by @josho 🤘🏼

SOLD