Sky Blues owners to bid for Higgs' shares in ACL (19 Viewers)

The Gentleman · Oct 28, 2014

Samo said:
What facts do you really need to know about the Wasps move? Their owners have moved them 3 times further than we were moved! And permanently! Sorry Noggin but it smacks of picking and choosing what to be outraged about. And selfishness to be honest.

Genuine question Samo, were you this outraged and showed it through this forum when we were moved to Sixfields? Also, can you enjoy a hobby like CCFC and care about what happens to them but not give a shit about whether Wasps play at the Ricoh or any where else in the world?

martcov · Oct 28, 2014

I am selfish. I want CCFC to come out of this hole. Let the Wasps fans decide if the move is a good one. It is rely ( really ) their problem and we have more to worry about than their future. City fans decided that messing around in Northampton was a bad one and showed it. Let's see what the Wasps fans do.

italiahorse · Oct 28, 2014

Rusty Trombone said:
I highly doubt it, Wasps have reportedly paid a £1m to extend it, rent isn't usually payable if you pay up front, except a possible small (peppercorn) amount. That's what ACL did, they paid up front to avoid a rent.

I thought if you have a lease you pay rent on it.

stupot07 · Oct 28, 2014

italiahorse said:
I thought if you have a lease you pay rent on it.

Do you pay rent on a flat you've bought the leasehold on?

Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors

letsallsingtogether · Oct 28, 2014

Not if you own the flat..
You may pay management fees for upkeep, and you may pay for a longer lease but you don't actually own the lease only the flat

stupot07 said:
Do you pay rent on a flat you've bought the leasehold on?

Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors

Rusty Trombone · Oct 28, 2014

italiahorse said:
I thought if you have a lease you pay rent on it.

The question was whether there was an annual rent, I answered no because they have paid up front. You can have leases where you pay annually, but this isn't the case with ACL, or with the extension.

Samo · Oct 28, 2014

The Gentleman said:
Genuine question Samo, were you this outraged and showed it through this forum when we were moved to Sixfields? Also, can you enjoy a hobby like CCFC and care about what happens to them but not give a shit about whether Wasps play at the Ricoh or any where else in the world?

1. I'm not outraged at all, certainly not 'morally' by either occurrence. I am merely pointing out the inconsistency in reaction by some to each event. I don't think it can be called a moral stance if people are going to pick and choose.
2. Yes certainly it is possible to enjoy a 'hobby' (strange word for it) and to care about CCFC and not about Wasps and I've never disputed it. But again, hardly anything to do with morals is it? You might be annoyed, even bloody furious, but to describe it as a moral stance when you don't give a shit about similar or worse situations is ridiculous.

jmorr · Oct 28, 2014

This whole thread has degenerated into ridiculius nitpicking as per usual. People trying to score petty points.

jmorr · Oct 28, 2014

I fully expect someone to pick up my spelling mistake......

oldfiver · Oct 28, 2014

stupot07 said:
Do you pay rent on a flat you've bought the leasehold on?

You have not bought the leasehold - because then it would be freehold

When you "buy a flat" you are actually paying partly a premium for the leasehold interest and possible buying the owners fittings etc

It is not uncommon for shops & offices to command a premium in addition to "rent"

Grendel · Oct 28, 2014

italiahorse said:
I thought if you have a lease you pay rent on it.

Nope. Ironically I part own a property that's got a lease from the council and we don't pay a penny in rent. Why would you? They just own the land and we pay normal rates etc.

oldfiver · Oct 28, 2014

Grendel said:
Nope. Ironically I part own a property that's got a lease from the council and we don't pay a penny in rent. Why would you? They just own the land and we pay normal rates etc.

Do you mean you occupy a building that sits on council land by way of a lease? If so I expect your lease refers to a notional rent or peppercorn - which no one collects

Tonylinc · Oct 28, 2014

oldfiver said:
Do you mean you occupy a building that sits on council land by way of a lease? If so I expect your lease refers to a notional rent or peppercorn - which no one collects

I expect that Grendel is confused as usual. A leasehold interest involves rent. It may well be that that is only a peppercorn but it is rent nevertheless.

Grendel · Oct 28, 2014

Tonylinc said:
I expect that Grendel is confused as usual. A leasehold interest involves rent. It may well be that that is only a peppercorn but it is rent nevertheless.

Not confused at all. The leasehold has a £1 a year "rent" payable on demand - which has never been demanded.

Its Italia who is confused he seems to think you pay a commercial lease which you do not.

The only disadvantage we have is that its resell value is less than if the land was privately owned.

letsallsingtogether · Oct 28, 2014

I rent out various properties around Coventry some of them are flats that have a lease on them.

I have paid to increase the lease but do not pay anymore payments to the lease holder. My Tenants pay me rent, but do not pay the lease holders.

Have also had the lease change hands on one property that also cost me nothing.

So Grendal I have to agree with you on this one

Grendel said:
Not confused at all. The leasehold has a £1 a year "rent" payable on demand - which has never been demanded.

Its Italia who is confused he seems to think you pay a commercial lease which you do not.

The only disadvantage we have is that its resell value is less than if the land was privately owned.

Astute · Oct 28, 2014

Samo said:
1. I'm not outraged at all, certainly not 'morally' by either occurrence. I am merely pointing out the inconsistency in reaction by some to each event. I don't think it can be called a moral stance if people are going to pick and choose.
2. Yes certainly it is possible to enjoy a 'hobby' (strange word for it) and to care about CCFC and not about Wasps and I've never disputed it. But again, hardly anything to do with morals is it? You might be annoyed, even bloody furious, but to describe it as a moral stance when you don't give a shit about similar or worse situations is ridiculous.

The inconsistencies are only as bad as you want them to look.

We were moved to Northampton. I was more pissed off that my football club had been moved away from Coventry by what was a faceless hedge fund more than the morals. Wasps have moved into the Ricoh. I am more pissed off that CCC have let them have the lease than the morals.

I never went to Northampton. I won't be watching Wasps in Coventry. So where is the inconsistency? And I would guess most are the same as me.

James Smith · Oct 28, 2014

stupot07 said:
Do you pay rent on a flat you've bought the leasehold on?

Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors

I pay ground rent and a service charge on my flat. The service charge is made up of the building maintenance especially the roof, electric bill for the communal areas and a 10% management charge*.

*or money for doing pretty much nowt.

Nick · Oct 28, 2014

letsallsingtogether said:
I rent out various properties around Coventry some of them are flats that have a lease on them.

I have paid to increase the lease but do not pay anymore payments to the lease holder. My Tenants pay me rent, but do not pay the lease holders.

Have also had the lease change hands on one property that also cost me nothing.

So Grendal I have to agree with you on this one

Have a lie down

Broken Hearted Sky Blue · Oct 28, 2014

Nick said:
Have a lie down

I don't know whats going on here'I gave Grendel a like the other day now he's agreeing with him,think I need to lie down

Samo · Oct 28, 2014

Astute said:
The inconsistencies are only as bad as you want them to look.

We were moved to Northampton. I was more pissed off that my football club had been moved away from Coventry by what was a faceless hedge fund more than the morals. Wasps have moved into the Ricoh. I am more pissed off that CCC have let them have the lease than the morals.

I never went to Northampton. I won't be watching Wasps in Coventry. So where is the inconsistency? And I would guess most are the same as me.

I agree. I have no problem at all with people being pissed off, as I was! It's when talk of morals starts that I have a problem. Selective moral values are not moral values.

italiahorse · Oct 28, 2014

Grendel said:
Nope. Ironically I part own a property that's got a lease from the council and we don't pay a penny in rent. Why would you? They just own the land and we pay normal rates etc.

I lease land off the council and pay a rent.

italiahorse · Oct 28, 2014

Grendel said:
Not confused at all. The leasehold has a £1 a year "rent" payable on demand - which has never been demanded.

Its Italia who is confused he seems to think you pay a commercial lease which you do not.

The only disadvantage we have is that its resell value is less than if the land was privately owned.

Still confused

Sky Blues owners to bid for Higgs' shares in ACL (19 Viewers)

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