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How was the offer you suggest better?

No, you own a lease to operate from the land and the property.

If it turns out not to be viable then they will sell their shares. I wonder if SISU will still be obsessed with freehold then.

Is that the offer that SISU didn't want to carry on with?

Ann Lucas told the council: “I’ve promised any conversation I have with Ms Seppala would remain private. Anything that’s come out of that room has not come from me. “I’ve made it clear and it’s no secret I am prepared to talk to, and do business with, any sensible legitimate business person...

Jag, welcome, you need to have a read of some of the other threads.

I thought they did publically invite people's best offers.

Who was going to pay the loan then?

In my previous post I'm not for a moment suggesting that's the case, I'm merely highlighting yet another reason why a new stadium is madness. It will not return an investor any money, and it will not benefit the club.

Can you be more specific?

I'm not missing any point. You're right they could charge a massive rent, of course they would then have to pay that huge rent themselves, as they own the club.

If you had the ability to acquire a chunk of land, and you had enough money to build things on it, the only sensible thing to do would be to build houses to sell, not a football stadium.

What do you mean by '£2m offered on not buying the loan'?

It has certainly been sold off cheaply. If SISU hadn't pissed the shareholders off so much then this could have worked out well for the club.

Say you could buy the land, pay for the build and all the associated fees, for £25m. Say you could find someone to lend you the money at 4%. The interest on this would be £1m per year, and that's without paying any of the £25m off. This is the minimum figure as I think it would cost more to...

http://www.bbc.co.uk/programmes/p027d84w Starts at about 7 mins.

It would be the death of the club, the club would never be able to afford it.

Shows the importance of getting on with people, building trusting relationships etc.

It would be foolish for anyone to own half a business and not have the right to agree who a prospective new partner would be.

Thanks for that. You do realise I didn't say they were happy about it?