I want a proper discussion about Freehold ownership (7 Viewers)
- Thread starter Tonylinc
- Start date
Hobo
Well-Known Member
Greed?
No it's not. JS says that her only interest is in the football club. If that is indeed the case then leasehold ownership would be sufficient. The fact that she now wants the freehold leads me to believe that there are other motives involved here.
Hobo
Well-Known Member
Actually wanted....have you ever done business?
BurbageSkyBlues
New Member
Well, it's about time they moved towards the middle ground, one would have thought.?
These negotiations are hardly at a starting point...unless there is some movement, we will never progress.
Unless of course, you have no intention of reaching a negotiated and reasonable/acceptable compromise?
That is all very well and I agree on the jist of your comment but JS herself has ruled out any discussion with ACL.
Paxman II
Well-Known Member
Skybluepiglet
New Member
Greed x2 And more Greed
ccfcway
Well-Known Member
TF says its all standard business practise
Timmy is an idiot who gets paid a lot of money for.........:thinking about:
terryhallsboots
New Member
You want a proper discussion then use the term Shitzu. Try again.
Ian Coventry
New Member
leasehold would be not much good for sisu/ccfc as you are still liable for ground rent and maintenance charges, also you have to renew the lease whenever it runs out and that would cost sisu a lot of money and also as a leasehold business it is not attractive to the investors that ultimately put their money into sisu.
None of the above is true of a freehold which you own outright .
PS forgot to say that it would also not be an attractive proposition to any potential buyers that wanted to buy the club and the ricoh from Sisu , its value would be much less , which means that sisu would not be interested in selling it.
None of the above is true of a freehold which you own outright .
PS forgot to say that it would also not be an attractive proposition to any potential buyers that wanted to buy the club and the ricoh from Sisu , its value would be much less , which means that sisu would not be interested in selling it.
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Ian Coventry
New Member
Timmy's not an idiot there is a clue in your statement "GETS PAID A LOT OF MONEY" how many people on here can say the same, i know i get paid what im worth , peanuts lol.
Are you saying that he is doing a good job?
mds
Well-Known Member
Makes the City a better proposition for any future sale, ROI, there is no reason why the council/ACL have to sell them anything other than the ground, any land, the exibition halls, the casino anything else could be kept by the current owners (im assuming ACL/Higgs own these), its not hard for them to remove everything but the football ground and immediate parking from the equation, I cant see the land being high on their priorities unlike the need to own a ground. I think thats feasable, im sure someone more knowledgable in these areas can correct me if im wrong!
skybluesam66
Well-Known Member
i work with plenty of idiots who get paid a lot of money - there is probably another idiot somewhere who appointed them
Astute
Well-Known Member
The problem is that we don't know what Joy wants or how much she wants it for. Sounds like she wants it all for not a lot and won't negotiate.
bigfatronssba
Well-Known Member
bigfatronssba
Well-Known Member
Lease doesn't run out for about another 40 years so I dont think that is too much of a concern.
You state that with a lease you are liable to maintenance charges, if they owned the freehold who do you expect to pay for maintenance?
All you have mentioned in your post is about what sisu want/need.
Im only interested in ccfc, and owning the freehold gives ccfc no benefits that can't be gained from owning acl.
From One Tony to Another.
I would have thought the answer was pretty straight forward, if not glaringly obvious, Sisu, isn't, in the least, by their own admission, interested in football. Their latest comments about an "All or Nothing" return to "The Ricoh" clearly illustrate, that their Sole intention is getting ownership of a potential Gold mine, a treasure chest of opportunity, with football, not even on"The things to do" list, with their original protestations about the Rent, now hardly a whisper, and the "pints and pies"argument going the same way, it leads to the only conclusion that makes any viability, and that is the owning, and subsequent re sale of various components of the Ricoh complex.
The applications of possible uses for the arena site are plentiful, and the need for low cost ,affordable Housing must be on the list of possibilities, but with the ideal situation of the the site, being close to the Motorway links, the Ricoh site has much going for it in terms of re inventing itself for alternative uses, and I'm certain that's what sisu are all about.
In the final outcome, if my theory is off mark, I will gladly come on here and admit I got it wrong.
torchomatic
Well-Known Member
So, you think that if the Club - yes the f'ing club - get the Ricoh then SISU will knock it down and build houses on it? Jesus, you're deluded. You'll no doubt have plenty of others on here who'll agree with you though.
We obviously need someone like PH4. Now there's someone who really cares for the club. He's certainly not just interested in the Ricoh. Nor Byng and his Chinese investors. Again, all they want is a homeless L1 club.
We obviously need someone like PH4. Now there's someone who really cares for the club. He's certainly not just interested in the Ricoh. Nor Byng and his Chinese investors. Again, all they want is a homeless L1 club.
torchomatic
Well-Known Member
So what? Who said they wanted the surrounding land developed? CCC.
And yes, I did read the words. Like the re-sale of various bits of the arena. Again, so what? Isn't that what CCC did anyway?
People moan that they don't want to be in Northampton and don't want a new stadium yet don't want the club to own the stadium. It's all a smokescreen for the paranoid and deluded.
And yes, I did read the words. Like the re-sale of various bits of the arena. Again, so what? Isn't that what CCC did anyway?
People moan that they don't want to be in Northampton and don't want a new stadium yet don't want the club to own the stadium. It's all a smokescreen for the paranoid and deluded.
bigfatronssba
Well-Known Member
Personally I dont mind sisu via ccfc buying the stadium, provided safeguards are put in place and they pay market value.
What this thread is about though is the benefit of owning the freehold to ccfc. In terms of the football club there is no need to own the freehold.
Astute
Well-Known Member
Good post.
You see Torch some people get the idea. Try thinking about a few years time and not the present.
torchomatic
Well-Known Member
I agree, put safeguards in place.
As for the freehold, I guess if SISU owned the stadium and we started going up the leagues again and getting good crowds then the whole worth of CCFC (including Arena) would be pretty substantial. I guess, that is how they want to make their money. And, as I mention constantly, those others interested in buying CCFC will think exactly the same.
As for the freehold, I guess if SISU owned the stadium and we started going up the leagues again and getting good crowds then the whole worth of CCFC (including Arena) would be pretty substantial. I guess, that is how they want to make their money. And, as I mention constantly, those others interested in buying CCFC will think exactly the same.