The club didn't start the idea. The club didn't find the location. The club had sunk £10m into the project and nothing worthwhile had been done when they came cap in hand.
Had the council told them to go screw we'd have been fucked. £10m in the hole and no ground.
In return for our £10m we got half a stadium management company and all the football revenues. We sold that for £4m to pay the bills.
In no way do the council come out as bad guys here, unless you have a massive anti-council chip on your shoulder.
The club didn't put £10 in they put £6.8M in and got £6.5M back from the Higgs, 300K was written off, the figures are in this document researched & published by the SBT & it agrees with what OSB has said on here.
http://www.skybluetrust.co.uk/attac...FC Ltd and Ricoh build years 1993 to 2007.pdf
Well done you, three examples out of 92 clubs. Nothing to do with us. I want our club to concentrate on football rather than property. Anyway, it seems now that PH4 has disappeared somewhere or other that's not likely to happen.
You can repeat your mantra again & again, it won't make it any less wrong.
And, as you know, I've said many times that I don't want the stadium handed to SISU on a plate. The "poor old council" and "it's all the Club's stupid fault" comments get a little tiresome. Particular on a CCFC forum.
The council paid £17m to clean it up.Surely that is not true. I seem to recall at the time that we had paid for the decontamination of the site.
Clever that. Apparently from the 1993/94 accounts.
Where has the discussion about the army game gone eh? Was enjoying that. Back to more sisu out bollocks on here i see. Business as usual
Where has the discussion about the army game gone eh? Was enjoying that. Back to more sisu out bollocks on here i see. Business as usual
Hardly bolloxWhere has the discussion about the army game gone eh? Was enjoying that. Back to more sisu out bollocks on here i see. Business as usual
So so boring and draining. Don't people get tired of posting the same shit in every thread?
Where has the discussion about the army game gone eh? Was enjoying that. Back to more sisu out bollocks on here i see. Business as usual
The club didn't start the idea. The club didn't find the location. The club had sunk £10m into the project and nothing worthwhile had been done when they came cap in hand.
Had the council told them to go screw we'd have been fucked. £10m in the hole and no ground.
In return for our £10m we got half a stadium management company and all the football revenues. We sold that for £4m to pay the bills.
In no way do the council come out as bad guys here, unless you have a massive anti-council chip on your shoulder.
So so boring and draining. Don't people get tired of posting the same shit in every thread?
So so boring and draining. Don't people get tired of posting the same shit in every thread?
A lot of people seem to think that CCFC paid for the land and decontaminating the land. It was pointed out this was incorrect. If it was the same old shit there wouldn't have been lots thinking differently. Yet you say same old shit.
It always seems to be same old shit if it isn't having a go at CCC/ACL. I have never seen you say same old shit when someone is sticking up for SISU. Why is this Nick?
Not quite sure what you're driving at here. I was making the point that the council hasn't sponged off the club, particularly in regard to building the arena. I think the accounts relating to the build prove that.
The club never owned the land, just an option to buy which was about to lapse until CCC stepped in.
I haven't seen any evidence that the club paid anything for decontamination of the land, but the build accounts show 17m paid by the council, later recovered from the money from Tesco.
In short, there seems to be this constant assertion that the council have shafted the club, but there's no evidence for it that I can see.
Happy to be proved wrong, but on the information published and available the 'council have sponged off the club/cash cow' argument doesn't seem to hold much water, sorry.
I have posted it in various threads and it was meant generally before you start another boring discussion.
In the linked documents the figures quoted by Griffin state they are from the 93/94 accounts. Ten years before the event.
Right. See what you're saying. Maybe they meant the 03/04 accounts. To be honest, I don't think it's as big an error as the one about the club owning the Arena site, when in fact they only owned the option.
Fwiw, I didn't use the figures from the linked documents - but do you think it's more likely to be a typo, or are the Trust making it up?
It just looks remarkably specific to me, to be made up.
In the linked documents the figures quoted by Griffin state they are from the 93/94 accounts. Ten years before the event.
1999 11th March 1999 Source, Companies House
Arena 2001 Ltd incorporated. Development company for new stadium wholly owned by CCFC H
2003 Source, CCFC Group accounts 2003-2004, Companies House
Accounts for CCFC Group show a net investment of £6,808,425 in the Arena Project which was then sold to the AEH Charity for £6,500,000. The balance of £308,425 was written off.
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