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Mike Ashley (2 Viewers)

  • Thread starter alexccfc99
  • Start date Oct 31, 2022
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JulianDarbyFTW

Well-Known Member
  • Nov 2, 2022
  • #141
This is how AI thinks it'll look if he takes over.

 
Reactions: MAFF, PUSB-We_are_going_up, AOM and 3 others

Grendel

Well-Known Member
  • Nov 2, 2022
  • #142
The Philosopher said:
I’ve no idea if the sublease has a ‘54 exemption - otherwise it’s down to security of Tenure. Not easy to evict
Click to expand...

There’s a break clause - oh and wasps refused to allow a renewal when that contract ended - seriously
 

The Philosopher

Well-Known Member
  • Nov 2, 2022
  • #143
Grendel said:
There’s a break clause - oh and wasps refused to allow a renewal when that contract ended - seriously
Click to expand...
Which contract?
 
W

wingy

Well-Known Member
  • Nov 2, 2022
  • #144
Grendel said:
There’s a break clause - oh and wasps refused to allow a renewal when that contract ended - seriously
Click to expand...
You think that maybe was to encourage us to ask for 20 or more before committing?
 

The Philosopher

Well-Known Member
  • Nov 2, 2022
  • #145
Depends on lease length. 5/7/10 year leases have better protection than year-to-year.
 

Grendel

Well-Known Member
  • Nov 2, 2022
  • #146
The Philosopher said:
Depends on lease length. 5/7/10 year leases have better protection than year-to-year.
Click to expand...

They don’t - the club can for a start exit at 5 years

Oh and google Dave Boddy and the last time he did a 10 year lease
 

The Philosopher

Well-Known Member
  • Nov 2, 2022
  • #147
Grendel said:
They don’t - the club can for a start exit at 5 years

Oh and google Dave Boddy and the last time he did a 10 year lease
Click to expand...
Club can - landlord different rules but this is 10 not 5.

I’ll Google Boddy.
 

Grendel

Well-Known Member
  • Nov 2, 2022
  • #148
The Philosopher said:
Club can - landlord different rules but this is 10 not 5.

I’ll Google Boddy.
Click to expand...

It’s utter nonsense
 

Grendel

Well-Known Member
  • Nov 2, 2022
  • #149
Double the price

Exiles director says current Rodney Parade deal is 'not viable'

DIRECTOR Kevin Ward has warned that it is “not viable” for Newport County AFC to continue to play at Rodney Parade unless changes are made to…
www.southwalesargus.co.uk
 

The Philosopher

Well-Known Member
  • Nov 2, 2022
  • #150
Go on. I’ve Googled it. 3 year lease at Newport.

Your point?
 
C

Cov kid 55

Well-Known Member
  • Nov 2, 2022
  • #151
Sky Blue Harry H said:
A bit like the Glazers (without the initial loading of debt). Ashley made a good profit every year out of Newcastle, which he trousered. He was never that bothered about where the club finished, as long as they stayed in the PL. The fans quickly got frustrated with that approach, and saw that he had no intention to realise the fans' ambitions.
Click to expand...
I was talking to a Newcastle fan the other day, and mentioned that we have had very little investment in the team for many years. He said, tell me about it, it was awful when Ashley was at the toon. . I asked him how much they had spent on Joelinton during Ashley’s watch - £40milion!! He was a bit sheepish when I explained we’d gone around 20 years not spending £1million on a player. The geordies always evidence an unrealistic entitlement to be the best team in the land, and are/were never satisfied. I’m not sure how bad Ashley actually was. Looks like the geordie boat has now come in…..
 
B

Brighton Sky Blue

Well-Known Member
  • Nov 2, 2022
  • #152
Cov kid 55 said:
I was talking to a Newcastle fan the other day, and mentioned that we have had very little investment in the team for many years. He said, tell me about it, it was awful when Ashley was at the toon. . I asked him how much they had spent on Joelinton during Ashley’s watch - £40milion!! He was a bit sheepish when I explained we’d gone around 20 years not spending £1million on a player. The geordies always evidence an unrealistic entitlement to be the best team in the land, and are/were never satisfied. I’m not sure how bad Ashley actually was. Looks like the geordie boat has now come in…..
Click to expand...

He spent £135 million to get the club, and then about another £100 million to sort the club's finances afterwards. Despite that when the fans made it clear they wanted him gone he immediately put them up for sale and did again several times. He made mistakes with who he put in charge of running the club, but the idea he was some kind of tight arse doesn't stand the scrutiny
 
Reactions: PUSB-We_are_going_up and Cov kid 55

The Philosopher

Well-Known Member
  • Nov 2, 2022
  • #153
Grendel said:
Double the price

Exiles director says current Rodney Parade deal is 'not viable'

DIRECTOR Kevin Ward has warned that it is “not viable” for Newport County AFC to continue to play at Rodney Parade unless changes are made to…
www.southwalesargus.co.uk
Click to expand...
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?
 

The Philosopher

Well-Known Member
  • Nov 2, 2022
  • #154
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.
 
B

Brighton Sky Blue

Well-Known Member
  • Nov 2, 2022
  • #155
The Philosopher said:
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.
Click to expand...

What? If it's expired what right does the tenant still have to stay?
 

bawtryneal

Well-Known Member
  • Nov 2, 2022
  • #156
curly_tom said:
I hate him and all he stands for. I’d be mortified if he came anywhere near. I’d rather be league 2


Sent from my iPhone using Tapatalk
Click to expand...

What does he stand for ?
Please enlighten.
 

bawtryneal

Well-Known Member
  • Nov 2, 2022
  • #157
curly_tom said:
Fair response. I do avoid Amazon and others but you're right, we are all buying from vile companies. I think it's all moot anyway because SISU probably won't sell...
Click to expand...

Shock horror..... business man runs company to make profit for shareholders.
If you don't like it don't buy shares and don't work there !!! Simple.
 

alexccfc99

Well-Known Member
  • Nov 2, 2022
  • #158
Cov kid 55 said:
I was talking to a Newcastle fan the other day, and mentioned that we have had very little investment in the team for many years. He said, tell me about it, it was awful when Ashley was at the toon. . I asked him how much they had spent on Joelinton during Ashley’s watch - £40milion!! He was a bit sheepish when I explained we’d gone around 20 years not spending £1million on a player. The geordies always evidence an unrealistic entitlement to be the best team in the land, and are/were never satisfied. I’m not sure how bad Ashley actually was. Looks like the geordie boat has now come in…..
Click to expand...

I’d say they are probably more than satisfied at the current moment…
 

Nuskyblue

Well-Known Member
  • Nov 2, 2022
  • #159
bawtryneal said:
What does he stand for ?
Please enlighten.
Click to expand...
"Quality" goods at low, low prices.
 
Reactions: bawtryneal
B

Brighton Sky Blue

Well-Known Member
  • Nov 2, 2022
  • #160
alexccfc99 said:
I’d say they are probably more than satisfied at the current moment…
Click to expand...

And it required even more wealth than Ashley has to provide it
 

The Philosopher

Well-Known Member
  • Nov 2, 2022
  • #161
Brighton Sky Blue said:
What? If it's expired what right does the tenant still have to stay?
Click to expand...
Security of tenure.

Landlord must offer equivalent terms or go to arbitration (like a tribunal)

Squatters rights for business if you like.
 

alexccfc99

Well-Known Member
  • Nov 2, 2022
  • #162
bawtryneal said:
What does he stand for ?
Please enlighten.
Click to expand...

He is a dick let’s be honest, his shops are a glorified car boot sale, the staff are treated like dirt

but then again I couldn’t name any billionaire who has got plenty of morals about them
 
Reactions: GaryMabbuttsLeftKnee

The Philosopher

Well-Known Member
  • Nov 2, 2022
  • #163
alexccfc99 said:
He is a dick let’s be honest, his shops are a glorified car boot sale, the staff are treated like dirt

but then again I couldn’t name any billionaire who has got plenty of morals about them
Click to expand...
Donald Trump

Oh hang on. Wrong forum
 
Reactions: robbiethemole and EalingSB

shmmeee

Well-Known Member
  • Nov 2, 2022
  • #164
Nuskyblue said:
"Quality" goods at low, low prices.
Click to expand...

Like Dom Hyam?
 
Reactions: Brighton Sky Blue

alexccfc99

Well-Known Member
  • Nov 2, 2022
  • #165
Brighton Sky Blue said:
And it required even more wealth than Ashley has to provide it
Click to expand...

Ashley wasn’t really putting much in, everyone pinpoints the Joelinton signing, which only ever happened because Ayoze Perez was sold to Leicester

The side that romped the Championship in 16/17 was funded through the sales of Gini Wijnaldum and Moussa Sissoko

The narrative he was some highly generous benefactor who was given a rough deal by ‘deluded geordies’ is a load of rubbish
 
Reactions: mullingar and clint van damme

CCFC_Irish

Well-Known Member
  • Nov 2, 2022
  • #166
This is playing out like the movie "The Founder"

You have the two brothers (SISU) who came up with the idea of McDonalds (CCFC) but you have Ray Kroc (Ashley) who owns all the property and without the property McDonalds cannot function so Kroc gives the brothers some money so he can have it to himself.

I think MA has given SISU an offer to consider but nothing public.
 
B

Brighton Sky Blue

Well-Known Member
  • Nov 2, 2022
  • #167
alexccfc99 said:
Ashley wasn’t really putting much in, everyone pinpoints the Joelinton signing, which only ever happened because Ayoze Perez was sold to Leicester

The side that romped the Championship in 16/17 was funded through the sales of Gini Wijnaldum and Moussa Sissoko

The narrative he was some highly generous benefactor who was given a rough deal by ‘deluded geordies’ is a load of rubbish
Click to expand...

Net transfer spend of £180 million, Ashley himself with £235 million spent acquiring the club and sorting its debts. And as above, when they wanted him out he tried to sell it several times
 

The Philosopher

Well-Known Member
  • Nov 2, 2022
  • #168
CCFC_Irish said:
This is playing out like the movie "The Founder"

You have the two brothers (SISU) who came up with the idea of McDonalds (CCFC) but you have Ray Kroc (Ashley) who owns all the property and without the property McDonalds cannot function so Kroc gives the brothers some money so he can have it to himself.

I think MA has given SISU an offer to consider but nothing public.
Click to expand...
Inside knowledge of an offer or a guess?
 

CCFC_Irish

Well-Known Member
  • Nov 2, 2022
  • #169
The Philosopher said:
Inside knowledge of an offer or a guess?
Click to expand...
Best guess unfortunately.
 

oldskyblue58

CCFC Finance Director
  • Nov 3, 2022
  • #170
Is it a secure tenancy ? Or is it a licence? Or a mix of both? We don't know. Are the lease termination rules applicable who knows

Looking at it logically an owner of the stadium would want the football club to be there a lot longer than the next 8 years. No point charging an unaffordable rent if that's the objective we all know where that leads.

If current owners of ccfc still here in 8 yes then they will either have shown evidence of or built own stadium (unlikely) or will need to commit to cbs. That commitment doesn't mean that they have to pay above market rates to be there, especially if there is a good relationship. I doubt they will still be owners by then and club & stadium will have the same ownership

Think we have more pressing things to worry about to be honest
 

stevefloyd

Well-Known Member
  • Nov 3, 2022
  • #171
Evo1883 said:
Much Better than what we've got , and looking the only viable option to a better more stable future

We aren't as big as Newcastle, our aspirations are not on the same level, we'd be happy to just play at anfield again
Click to expand...
Fuckin hell didn't you have enough of Northampton and Brum now you want to go even further
 
Reactions: pipkin73, PUSB-We_are_going_up, Evo1883 and 1 other person
H

HuckerbyDublinWhelan

Well-Known Member
  • Nov 3, 2022
  • #172
alexccfc99 said:
He is a dick let’s be honest, his shops are a glorified car boot sale, the staff are treated like dirt

but then again I couldn’t name any billionaire who has got plenty of morals about them
Click to expand...
Have you worked in retail? That’s not limited to Sport Direct
 
Reactions: Otis

Grendel

Well-Known Member
  • Nov 3, 2022
  • #173
HuckerbyDublinWhelan said:
Have you worked in retail? That’s not limited to Sport Direct
Click to expand...

appearing in front of a parliamentary select committee is pretty unique
 
D

Deleted member 5849

Guest
  • Nov 3, 2022
  • #174
As a small aside, I do wish we could stop abbreviating to MA. I keep thinking Mickey Adams is the new owner of the Arena!
 
Reactions: Frank Sidebottom, PUSB-We_are_going_up, Otis and 1 other person

The Philosopher

Well-Known Member
  • Nov 3, 2022
  • #175
oldskyblue58 said:
Is it a secure tenancy ? Or is it a licence? Or a mix of both? We don't know. Are the lease termination rules applicable who knows

Looking at it logically an owner of the stadium would want the football club to be there a lot longer than the next 8 years. No point charging an unaffordable rent if that's the objective we all know where that leads.

If current owners of ccfc still here in 8 yes then they will either have shown evidence of or built own stadium (unlikely) or will need to commit to cbs. That commitment doesn't mean that they have to pay above market rates to be there, especially if there is a good relationship. I doubt they will still be owners by then and club & stadium will have the same ownership

Think we have more pressing things to worry about to be honest
Click to expand...
I’d like to think that at the time of signing the lease, Wasps had most certainly begun to feel the pinch and forecast the problems that they had ahead.

Getting CCFC back in, the CBS naming rights and the revenue that that could bring was important to Wasps. It would also most likely have been important to HSBC (who were looking a financing Wasps) that as many “steady” revenue streams were available as possible.

CCFC were at the time in a position where they had something valuable to bring to the table and as such were in a position to have negotiated something in their favour.

Just deduced speculation.
 
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