all standard business practise
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.all standard business practise
All negotiations start at the impossible and then you end up with what you actually wanted.
All negotiations start at the impossible and then you end up with what you actually wanted.
That is all very well and I agree on the jist of your comment but JS herself has ruled out any discussion with ACL.All negotiations start at the impossible and then you end up with what you actually wanted.
Actually wanted....have you ever done business?
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.
Timmy is an idiot who gets paid a lot of money for.........:thinking about:TF says its all standard business practise
You want a proper discussion then use the term Shitzu. Try again.Of the Ricoh. We all know that it is not necessary for Shitzu to own the freehold in order to gain revenue streams but the tone of JS's latest statements indicate that only freehold ownership will entice CCFC back to the Ricoh. Why?
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.Timmy is an idiot who gets paid a lot of money for.........:thinking about:
Are you saying that he is doing a good job?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.
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.
If they got the leasehold they would get the pie money. If they got the freehold they could mortgage it up to the hilt.
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!
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!
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.
From One Tony to Another.Of the Ricoh. We all know that it is not necessary for Shitzu to own the freehold in order to gain revenue streams but the tone of JS's latest statements indicate that only freehold ownership will entice CCFC back to the Ricoh. Why?
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.
Are you reading words that haven't been posted again Torch?
Who said about demolition? Building on the land was mentioned though.
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.
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.
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.
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