did you go to school?
if they own ccfc and they own the ricoh, any profit they get from charging rent will be a loss on the playing side of things!
it could be an issue if they sell club but refuse to sell stadium but who knows when/if that will happen, they may well sell it as a package.
i can confirm
that i cannot confirm if this is true or not.
last i heard,no news is good news.
Not heard anything but the only thing I can think of IF they did do this is that they can somehow get ACL out, we know how good they are at breaking leases and little loopholes... How do we know they wouldn't take the freehold and find a way to get ACL out somehow?
Whats to stop them charging more than the council did? Charging the club they own a rent it can't afford, that'd make a cracking business plan.
What's to stop them remortgaging the place to the hilt leaving us in more shit*than ever just so they can get some of their failed investment back? Remortgaging in who's name? CCFC? Otium? How would that work? They'd still be liable for the debt you fool.
What's to stop them selling the club abd keeping the ground for themselves and then charging the new owners extortionate rent? Nobody would take on an club with no Assets, playing at a ground they can't afford. Plus they'd be then stuck with the same white elephant as council/higgs have got now.
Would you be happy for an out of town hedge fund to own the arena even if they sold the club on? Couldn't care who owns it just want the football club to play there, keep the money it generates and be viable.
*you forgot - what's to stop them knocking it down and building houses........thats my favourite conspiricy theory of all!
Not heard anything but the only thing I can think of IF they did do this is that they can somehow get ACL out, we know how good they are at breaking leases and little loopholes... How do we know they wouldn't take the freehold and find a way to get ACL out somehow?
I suggest the Samaritans are called into Sky Blues Talk in the remote chance that this is true.
Imagine the pass out-pouring of grief that the club will be owning the Ground and the implications this may have for everyone's favourite management company
This only exists in your mind G
Imagine the pass out-pouring of grief that the club will be owning the Ground and the implications this may have for everyone's favourite management company
Surely there is no way a deal can be concluded that leave SISU as ACL's landlords, they've got to buy the freehold & the lease or there isn't a realistic deal.
Having said that, it looks like serious discussion is in progress.. and if a deal can be cut, so be it..
I'd be interested in the reaction of people who said CCC/ACL strangled the club with an unreasonable rent if SISU (etc.) owned the stadium & the ended up charging CCFC a similar rent.. well we'll see, maybe that is not the strategy.. it will take 4-5 years to unfold I guess..
Would have thought if a deal for the freehold *was* agreed, then a deal for ACL would be (relatively!) easy. Half owned by those who own the freehold anyway, and reading between the lines it's not unreasonable to think Higgs want out of this mess.
I can't see a deal being agreed though myself, just can't. Mainly because there are so many hoops to jump through in red tape as much as the will of anybody to make it happen!
Would CCC's half of ACL come as part of the deal? Has that been talked about?
I'd agree the Higgs want shot ASAP though.
I think a deal depends on who wins the game of chicken to be honest. When's the next council elections? If one party decides to make political hay with the whole thing then anything could happen.
Hmm, it'd be a brave party that split from the general line though, as if it pays off all well and good, but if not...
In a time when councils are making savage budget cuts all over the place, selling the family silver might be a moderately attractive option also, I suppose? Football ground or school, school or football ground. Nice easy way to sell a deal, isn't it!
Would have thought if a deal for the freehold *was* agreed, then a deal for ACL would be (relatively!) easy. Half owned by those who own the freehold anyway, and reading between the lines it's not unreasonable to think Higgs want out of this mess.
I can't see a deal being agreed though myself, just can't. Mainly because there are so many hoops to jump through in red tape as much as the will of anybody to make it happen!
Surely there is no way a deal can be
concluded that leave SISU as ACL's landlords, they've got to buy the freehold & the lease or there isn't a realistic deal.
Having said that, it looks like serious discussion is in progress.. and if a deal can be cut, so be it..
I'd be interested in the reaction of people who said CCC/ACL strangled the club with an unreasonable rent if SISU (etc.) owned the stadium & the ended up charging CCFC a similar rent.. well we'll see, maybe that is not the strategy.. it will take 4-5 years to unfold I guess..
you do realise that you cant say for sure sisu will do a runner or charge their own club extortionate rent don't you?
It's obvious isn't it, SISU are going to charge the club an extortionate rent which we can not afford. Then our owners SISU will then have to come up with the money to pay to the stadium owners who are also SISU.
A cunning plan
It's like charging myself rent to live in my own house
Not heard anything but the only thing I can think of IF they did do this is that they can somehow get ACL out, we know how good they are at breaking leases and little loopholes... How do we know they wouldn't take the freehold and find a way to get ACL out somehow?
If Sisu got the RIcoh freehold, would this mean they are then landlords and ACL would then have to pay rent to them?
Thanks Ferdinand, so if-that is correct, and I presume it is. What advantage would SISU get from owning the freehold, it doesn't make sense otherwise if it's worth nothing!
I want the club to own the ground. But not sisu.
I can also state that this is very very unlikely to be true - as others have stated the sale of the freehold would be subject to a council committee. If you've got any experience with public sector governance you'll know that any potential deal wouldn't be signed until the new year.
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