Yep the council got an arena that cost £113m to building (excluding the purchase of the land) for £20m pounds because they bailed the club.
ACL then paid £20m upfront for a 50 year lease ( that paid off the £20m the council contributed to the build.
Do essentially the council got a £113m build arena for nothing.
the council offered the gas works to richardson at a reduced cost on the proviso that CCFC cleared/cleaned the land up. The court cost removing squaters from the site plus detoxifying the ground cost city more than was expected £2.7 mil which truly damaged CCFC cash flow , the council then come back in on their white charger to save the stadium project and along with higgs guaranteed the money from the bank hence the reason why the rent is so high! the council set the rent such that no risk to the taxpayer was apparent. However CCFC getting relegated has opened up the risk to the ACL as city cannot afford the rent anymore.Wonder what the breakdown is of who put what into the stadium overall. If it cost £113m and ACL put in £20m, £40m from the Tesco deal, £4m from Higgs (am I counting that twice? does that come as part of the ACL £20m?), wasn't there around £10m in grants who put the rest in? And that's just the construction costs who paid for the land? That's looking around £40m short plus the cost of the land in the first place.
No good idea. Lets then all hold a party when the club disappears for ever. Can't wait. Least we won't have to argue about JPT anymore.
PWKH please stop trying to kill our club.
PWKH please stop trying to kill our club.
that statement is just so wrong and ill informed
why dont you write a another 3 page post detailing it all for me?
stop making up lies
stop making up lies
PWKH please stop trying to kill our club.
To be honest I don't trust any of them. They all tell us what they want to hear.
The rental agreement between ACL and CCFC was entered into freely by both parties.
I have no idea,why should i? I left school 232 years ago. It's probably in a shit area of town where they stick all the immagrants.
so how can you not know WHAT a school is?
racist and dumb,you are quite the package valerie
Not if ACL chuck us out.
not really racist is it?
however I'm on your side. I'd make a pact with the devil as long as the club survives
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