RegTheDonk
Well-Known Member
I'm a bit confused as to what part of the Ricoh could actually be sold to the club (presumably PH4 as the council won't sell to SISU). I keep hearing about a "half share" which I assume is the stake the Higgs has got in the stadium.
Am I right in thinking that the club would own 50% (ie. the Higgs share) but ACL would still own 50% (ACL in reality being cov council)?
I don't want to sound naive, but seems to me the council would be holding us back if they didn’t sell up. Would just 50% of the stadium be enough to sustain us, under fair play rules, income streams etc.
Much as I do not want SISU involved, their idea of building a new ground which would ultimately be 100% owned by the club makes sense from a business point of view, because of the fair play rules as above. So, would ACL/Council be willing to sell the whole of the Ricoh to the club (PH4) and forego any money coming in - for the benefit of the club?
Am I right in thinking that the club would own 50% (ie. the Higgs share) but ACL would still own 50% (ACL in reality being cov council)?
I don't want to sound naive, but seems to me the council would be holding us back if they didn’t sell up. Would just 50% of the stadium be enough to sustain us, under fair play rules, income streams etc.
Much as I do not want SISU involved, their idea of building a new ground which would ultimately be 100% owned by the club makes sense from a business point of view, because of the fair play rules as above. So, would ACL/Council be willing to sell the whole of the Ricoh to the club (PH4) and forego any money coming in - for the benefit of the club?