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Security of tenure. Landlord must offer equivalent terms or go to arbitration (like a tribunal) Squatters rights for business if you like.

And this is where commercial rent arbitration kicks in. It’ll be hard, but not impossible to put the rent up or refuse new terms. You can’t just kick à tenant out if they’ve paid rent on time on a long term lease. Even when it expires.

Ok. At the end of 10 years the landlord asked for double. Ave house price 2012 Jan = £165k Ave house price 2022 Jan = £274k (Source:Statista) Commercial property increased more I believe. Rents rise in line. Other factors. I’m not sure I’m getting your point?

Go on. I’ve Googled it. 3 year lease at Newport. Your point?

Club can - landlord different rules but this is 10 not 5. I’ll Google Boddy.

Depends on lease length. 5/7/10 year leases have better protection than year-to-year.

Have we had 23 players make a first team appearance still with us (Hyam doesn’t count)? https://www.efl.com/-more/governance/embargoes/embargoes-faqs/

Which contract?

I actually said this! Now our best ITK (now Hyam and JJ’s mate are out of the picture) confirms. Lol.

We can employ free agents, no?

Must mean he’s signed. Hudlin and Tommy Hutch next. Operation Premiership is back on, who needs Mike Ashley anyway.

Fadz lives near me, about 10 mins from Worksop.

Then you are well informed, probably utterly confused and need a drink.

Will he get Keegan to helicopter on to the pitch at some point?

You’re on about Joy or Pete? (It’s 2022, Diversity and Inclusion and all that)

He’s preferred bidder because - like buying a house - he’s bid the right money, shown his bank statement and it’s sold subject to contract. If he fails…. The Council needs to approve transfer of lease. He’s paved the way with a sweetener.

I’ve no idea if the sublease has a ‘54 exemption - otherwise it’s down to security of Tenure. Not easy to evict

That might still happen if they get funding / a JV with the Uni. Otherwise; unlikely.

“The Council” is a machine. The machine operators are lunatics - if you haven’t worked that out already. Egotistical, vain, lunatics.

To answer first bit, HSBC were in effect refinancing the whole of ACL with just the arena as security with other charge holders etc. Messy HSBC might have needed, say 7% int plus capital over 20 years. What’s that on 35m? 2.5m int plus 1.75m capital? 4.25m per year? Think like a mortgage...