I suppose CCC still decide what goes on at ACL still?You can't even get that correct FFS
Who in any company agrees dividends - please don't tell me you don't know.
The formula price that was never asked for that you constantly go on about?The formula price was far more. They paid about £3.5 - £4 million for share capital didn't they?
seriously Nick can we not pin some of the basic documents (maybe in the Ricoh/SISU section) like the Arena costings, maybe a link to the Trust's Arena timeline, court findings so we don't have to keep repeating the old basic facts about the Ricoh & its history?When was that?
Good idea. The £21m is many things though, a contribution to the build cost but also a lease premium. It's all rather messy really, shows what an utter dogs dinner the whole arrangement was.seriously Nick can we not pin some of the basic documents (maybe in the Ricoh/SISU section) like the Arena costings, maybe a link to the Trust's Arena timeline, court findings so we don't have to keep repeating the old basic facts about the Ricoh & its history?
The formula price that was never asked for that you constantly go on about?
And Higgs gave 6.5m to CCFC altogether as you know but you try to change history on this as well. And if anyone corrects you as usual it just starts the shitfest off yet again.
I suppose CCC still decide what goes on at ACL still?
Ill have a look for a knowledge base plugin
Go back to 2003 and the deal that got us in the Ricoh - as a club we had our pants down. If Higgs truly wanted the club and stadium united then why effectively force us into such a shit deal? I know it wasn't just them in terms of the deal, but the bail out around that time came from them.
They blocked sales before sisu were here...
a contribution to the build cost
no it was mainly part of the construction costs taken early in the build process.Think the £21m was for the fit out once the build was complete. So they had the actual stadium but not in a useable condition. No idea why that wasn't in the budget in the first place, seems a big oversight.
It is already part of the knowledge base. The knowledge base that is frequently ignored/forgotten about when wanting to have a dig at certain sides or when trying to take some of the blame away from other certain parties. Just a normal day on SBT.no it was mainly part of the construction costs taken early in the build process.
fit-out was originally costed at 4.4m but there was an over-run of 2.6m (total 7m). financed 1.1m ACL & 1.5m CCC.
here you go Nick you can start your knowledge base
CCC put money in. Tescos put money in. There were grants from all over the place. There was then a shortfall. This was covered by the loan.Think the £21m was for the fit out once the build was complete. So they had the actual stadium but not in a useable condition. No idea why that wasn't in the budget in the first place, seems a big oversight.
Should have checked the document before I posted! The £21m was used to repay the Prudential loan that was taken out to cover the shortfall in funding for the build. The fit out costs were on top of that and included in the amount ACL borrowed from Yorkshire Bank.no it was mainly part of the construction costs taken early in the build process.
fit-out was originally costed at 4.4m but there was an over-run of 2.6m (total 7m). financed 1.1m ACL & 1.5m CCC.
here you go Nick you can start your knowledge base
You would have thought that Richardson would have worked out how much a stadium would have cost and noticed that we didn't have a pot to piss in before thinking it was all a good idea.Should have checked the document before I posted! The £21m was used to repay the Prudential loan that was taken out to cover the shortfall in funding for the build. The fit out costs were on top of that and included in the amount ACL borrowed from Yorkshire Bank.
Still you would have thought that someone would have remembered things like a scoreboard when doing the original budget!
He had left the club by 2003 though and the club retained an option on HR.You would have thought that Richardson would have worked out how much a stadium would have cost and noticed that we didn't have a pot to piss in before thinking it was all a good idea.
You would have thought that Richardson would have worked out how much a stadium would have cost and noticed that we didn't have a pot to piss in before thinking it was all a good idea.
An option without the money to buy it back. The money raised by selling HR was used to keep our club afloat for a few months. Just long enough for Richardson to get out. And now he says that he bought the land and sold some of it to Tescos. And we all know that it isn't true.He had left the club by 2003 though and the club retained an option on HR.
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