JR Review (1 Viewer)

Jack Griffin said:

Sorry to be obvious, but buildings & land usually is pretty immobile.. nevertheless they're worth having as assets..

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Grendel said:

Indeed and the evidence is that pubic owned assets tend to perform poorly compared to those in the private sector.

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Grendel said:

Indeed and the evidence is that pubic owned assets tend to perform poorly compared to those in the private sector.

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Grendel said:

Indeed and the evidence is that pubic owned assets tend to perform poorly compared to those in the private sector.

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bigfatronssba said:

I agree, and yet Sisu's incompetence has created a unique situation where their privately owned sports business has performed worse than a publically owned arena.

Quite an achievement.

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skybluetony176 said:

that takes a special kind of management, hence the huge management fee's the club pays it's owners.

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bigfatronssba said:

I agree, and yet Sisu's incompetence has created a unique situation where their privately owned sports business has performed worse than a publically owned arena.

Quite an achievement.

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James Smith said:

Well yeah but then what's new with Sisu? Strangely East Coast Trains has performed better under state ownership than private.
http://www.mediacentre.eastcoast.co...LISHES-FINANCIAL-RESULTS-FOR-2012-13-3e5.aspx
http://www.theguardian.com/uk/2013/apr/18/east-coast-rail-line-taxpayer-subsidy

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Tonylinc said:

You would just love it if Shitzu/Avro/ whoever got their hands on the Ricoh would you not? BUT have you thought about the future of the Ricoh under their ownership?????

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Grendel said:

There is no state aid here? Even with rolling stock and line maintenance

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guardian said:

The state-run East Coast rail service requires less public subsidy than any of the 15 privately run rail franchises in Britain, according to a report from the rail regulator.

The report comes after the coalition government pledged to push the London to Edinburgh line back into private hands before the next election, with a new operator taking over by February 2015.

The route has been under the control of the Department for Transport since November 2009 after the transport company National Express pulled out.

While about half of all train operating companies paid premiums to the government last year, the report shows that passengers on every franchise were in effect subsidised when money spent on infrastructure was included. However, the net subsidy for East Coast was 1% of the line's income, compared with an average of 32%.

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Grendel said:

Why would anyone think of an ugly concrete lump in Foleshill? What an odd thing to say.

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