Khalids announcement

Discussion in 'Bulletin Board' started by Ianharifax, May 14, 2023.

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  1. lk3

    lk311 Well-Known Member

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    No way he would hint at it being exciting news if it was that/just that.
     
    lk311, May 14, 2023
    #41
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  2. Jud

    Juddy G Well-Known Member

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    And there would be no redevelopment if that was true
     
    Juddy G, May 14, 2023
    #42
  3. Marc

    Marc Administrator Staff Member Admin

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    Can’t see it myself. Also can’t see how 100% council ownership would move us forward.
     
    Marc, May 14, 2023
    #43
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  4. JamDrop

    JamDrop Well-Known Member

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    I thought that but I guess it could mean that we’ve been able to do a deal with them as they’ve allowed us to do something or other in exchange for X amount of rent or whatever. Meaning it’s not that necessarily that’s the exciting bit but something exciting has been able to happen because of it and that is what Khaled is going to announce (which means the op either doesn’t know the announcement or does but hasn’t shared it yet).
     
    JamDrop, May 14, 2023
    #44
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  5. red

    redrum Well-Known Member

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    Well I imagine it would have cost the council a few million for the 50% but would be short term gain.
     
    redrum, May 14, 2023
    #45
  6. Durkar Red

    Durkar Red Well-Known Member

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    I’ve already bought a season ticket but I’m going to buy another on the back of the big news
     
    Durkar Red, May 14, 2023
    #46
  7. Dalestykes

    Dalestykes Well-Known Member

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    Council owning the whole ground would be very good news. Secures the Clubs long term future and a future at Oakwell. Likely to see the West Stand finally sorted too.
    Would still be a surprise to move towards a progressive European model of ground ownership though.
     
    Dalestykes, May 14, 2023
    #47
  8. exiled

    exiled Well-Known Member

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    exiled, May 14, 2023
    #48
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  9. Red

    Redsnut Well-Known Member

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    It would only be good news in my eyes if the club owned the ground.
    Why is it good news if the council own it.
     
    Redsnut, May 14, 2023
    #49
  10. juttyp

    juttyp Well-Known Member

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    Is it that the bridge will be open soon?
     
    juttyp, May 14, 2023
    #50
  11. Marc

    Marc Administrator Staff Member Admin

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    I would worry about investment in stadium redevelopment though. I can’t see the council funding it, and who else will, when they have no ownership?
     
    Marc, May 14, 2023
    #51
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  12. ley

    leythtyke Well-Known Member

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    Why? It’s a community asset that is visited by thousands of people every other week, and the more people that visit it, the better it is for the local economy
     
    leythtyke, May 14, 2023
    #52
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  13. Glo

    GloucesterRedsBigBro Well-Known Member

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    Maybe they've bought the old brewery land for car parking
     
    GloucesterRedsBigBro, May 14, 2023
    #53
  14. Dalestykes

    Dalestykes Well-Known Member

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    Because we have had some very untrustworthy owners in the past/present; as seems all too common in English football.
     
    Dalestykes, May 14, 2023
    #54
  15. joh

    john vaines Active Member

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    Its a new 55in score board
     
    john vaines, May 14, 2023
    #55
  16. exiled

    exiled Well-Known Member

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    Hopefully they'll cut a hole in the fence again.
     
    exiled, May 14, 2023
    #56
  17. troff

    troff Well-Known Member

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    Maybe they’ve bought the old brewery land to build a new stadium on…
     
    troff, May 14, 2023
    #57
  18. Gally

    Gally Administrator Staff Member Admin

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    They’d be agreeing a new long term lease and a new rent. As part of that deal, finance could be raised without the council necessarily having to fund it to improve the facilities.
     
    Gally, May 14, 2023
    #58
  19. Dub-Tyke

    Dub-Tyke Well-Known Member

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    Council acquire 100% of the stadium, BFC remain there rent free.

    The club becomes liable for all maintenance and redevelopment going forward, and has a 99 year lease hold on the stadium, for peppercorn rent.

    However, it then would be difficult (but not impossible) to raise finance/grants on the redevelopment, as the club don’t actually own the ground.
     
    Dub-Tyke, May 14, 2023
    #59
  20. Marc

    Marc Administrator Staff Member Admin

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    Guess it depends how the financing would work. Not sure how happy I would be with the Club borrowing money on unsecured assets. We're in enough trouble financially as it is. If BMBC were to take sole ownership, as commercial landlords I would expect them to put their hand in their pocket in some capacity, for improving facilities. My worry is they might hold a different view. Dunno, we'll see...
     
    Marc, May 14, 2023
    #60
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