Why is that so important to you? Would it inform or change your opinion or behaviour one way or another? Unless I'm missing some fine point of accounting law - I'd imagine some financial instrument would be used for any kind of property/equity transaction. I "own" my house albeit some would say I'm deluded on that and in fact I don't until I pay off the Mortgage etc. My Mortgage payments are rent to the bank etc? Is that what you're thinking of?
If PH4 owned CCFC would he own the stadium or the club?
If PH4 owned CCFC would he own the stadium or the club?
Not difficult to work out is it?
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People are moaning that SISU want to buy the stadium outright rather than rent it but want them back at the Ricoh, so surely this must mean renting it from the council.
However, if they build a new stadium there is a massive problem with us renting that?
I don't personally agree with renting either, but just wondered what the difference is?
that is the biggest question. alot of people are assuming that a new ground built by shitsu would automatically be owned by the club and the club would only be sold with the ground and vice versa, they are also assuming that the club will not be paying rent for the new ground.
i have challanged more than 1 person on here to prove that this will not be the case and as yet no-one has.
the nearest statement i can find is that a football club should have acces to all revenue that it generates, that doesn't mean the club has to own the ground and it doesn't mean that the club will be paying rent for the ground.
Why is that so important to you? Would it inform or change your opinion or behaviour one way or another? Unless I'm missing some fine point of accounting law - I'd imagine some financial instrument would be used for any kind of property/equity transaction. I "own" my house albeit some would say I'm deluded on that and in fact I don't until I pay off the Mortgage etc. My Mortgage payments are rent to the bank etc? Is that what you're thinking of?
The property developer fella?
I'm sure he'll be gutted by the criticism from a clown like you.
How can anyone realistically prove that it won't happen? Just as you cannot prove that it will.
the point would be if we're going to end up in exactly the same situation why not just stay at the Ricoh? moving away, losing fans and causing all the associated grief there has been is pointless from the clubs perspective if we end up in a new ground we don't own. If there's a clear business case showing the move would benefit the club then great, lets move, however if there isn't, or it's only going to benefit SISU, why bother?
The biggest question he should have asked Septic "Which he didn't" according to the statement. Without doubt could have swayed my way of thinking...........................................................Would the Football Club own the new Stadium, and NOT SISU/OTIUM. or indeed any other "Arm" of the SISU business enterprise....If not....Would the "New Stadium" be RENTED to the Football Club???
the point would be if we're going to end up in exactly the same situation why not just stay at the Ricoh? moving away, losing fans and causing all the associated grief there has been is pointless from the clubs perspective if we end up in a new ground we don't own. If there's a clear business case showing the move would benefit the club then great, lets move, however if there isn't, or it's only going to benefit SISU, why bother?
But ultimately it is about the viability of the football club. If, under such an arrangement, the club was sustainable and self-financing, I'm not sure why it matters all that much what the internal company structure is because the club and stadium company would be under single ownership.
that all said I think we have to bare in mind that Joy will have had probably to approve the article before it went out ....... so the article wont have been entirely Reids own work
I'm sure he'll be gutted by the criticism from a clown like you.
How can anyone realistically prove that it won't happen? Just as you cannot prove that it will.
Another insightful contribution.
You really must live in a sad sneering little world
Agreed but do you have a problem with the question being asked ?
But ultimately it is about the viability of the football club. If, under such an arrangement, the club was sustainable and self-financing, I'm not sure why it matters all that much what the internal company structure is because the club and stadium company would be under single ownership.
Having drawn attention, very publicly, to the problems of one side owning a club while the other owns a ground, why would anybody go to SISU and only buy one half of the whole?
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