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With your property expertise can you explain why CCC ( or any vendor ) would want to split the deal as they did

I think the Judges looked at the case and took the view that the 2 transactions were valued correctly I also think they took a view the decision whether the process of the total deal was correct or not was not for them

I am not sure of what you are saying. In brief mortgaging a property with a short lease is very difficult and not a high LTV.

No! The £1m was assessed as being the value on the basis of there being no alternative purchaser following the sale to WASPS What should have happened (morally anyway) is the Stadium should been valued with a 250 year lease and then sold to WASPS. No one has yet explained why the transaction...

Normally the grant of a 250 year lease comes at a high premium. At present any lease of less than 60 years is not looked at by lenders - some insist on more. 250 years is treated as freehold in a lenders eyes

It says it will "create" and implies this is a a new capital project. This is not a contribution to a refurbishment. This should increase the capital value of the Stadium on top of the amount already gifted Where does it say how much WASPS will be paying ?

But do they not just put forward proposals from the local authorities? Are you saying Andy Street helped sanction this at the same time he was arbitrating with WASPS / SISU?

and check it is spent where it should?

Perhaps Grendel will take Dave Boddy with him and help do a Cost Benefit Analysis with Reeves & Co

https://www.therugbypaper.co.uk/latest-news/37596/exclusive-championship-clubs-plan-massive-shake-up-following-review-by-ex-saracens-ceo-ed-griffiths/ Exclusive: Championship clubs plan massive shake-up following review by ex-Saracens CEO Ed Griffiths Posted on 21st...

Cannabis plant?

Anyone seen Shmmeee 🙄

Aren't they sponsored by CCC or does it just seem it?

Perhaps both are true They are certainly not flush with cash and laden with real 3rd Party Debt Perhaps other parties connected to WASPS are affecting the discussions - for whatever reasons?

And the Trust !

I was referring to Highfield Road move - showing my age here ! I was not clear and you too quick to defend!

We are homeless because of decisions made by past Owners and Directors being in cahoots with the Council !

Is that the view from IKEA to the Swanswell?

Following your logic it will make sense to build afresh to a size and specification that meets requirements and affordable And, of course new and not mired with several million pounds of maintenance and upgrade costs