The point is - there is nothing to stop anyone buying the ground from Structadene - it wouldn’t take permission from the Club. It would take a fair chunk of cash but with sufficient investors and possibly a commercial mortgage it needn’t be beyond reasonable aspiration. The thing is we’ve never been told how much Structadene want - only Mostyn‘s vague reference to ‘as much as a Premier League striker’. Well we have four of them currently and it varies from £1m to £20m. I’d have thought even at £20m it would be a relative bargain, given the money already spent and the increased cost of building. Smoke and mirrors from the Club and to what end - who knows ? Re Valencian - I can’t validate everything he says but I can confirm a lot of it. If most of what he says is true then I’m prepared to believe the rest of it is likely to be too.
All this is very reminiscent of the Phillips era - when Bristol and West were cast as villainous loan sharks - when they turned out to be far from that. RGB will attest to that as he was the one who contacted them. How do we know Structadene are greedy Landlords when we are given this from certain folk within the Club. Maybe someone could contact them to find out ?
I’m not a ‘so called expert’ on this topic but… they’d have to want to sell it which is unlikely with a guaranteed rent and probably no break clause so we’d pay it even if we moved. We’d have to give them a large multiple on that profit (12-15 times) even if they are in disposal mode, which they never have been to date.The fee for a Premier League striker has to be paid off within 3/4 years. Presumably, if we bought the stadium with a commercial mortgage, we'd have a lot, lot longer than that ?
Must be some high-flying accountancy guys on here that know about all that kinds stuff ?
I find that odd when this happens.
Why not just stop posting.
The techies say the same thing when I forward on the request.
and it be clear, it was @madasabox.Just to clarify “Deleted member 8129” asked for their account to be removed.
Just to clarify “Deleted member 8129” asked for their account to be removed.
AFCB - Official Club WebsiteHow long is the current lease? I'm assuming we would have pay structadene until the end of this period even if we could move into a new ground tomorrow?
Realistically we aren't building a new ground before then even if one of us wins the euromillions ( I will fund it if I do , but I want to play right midfield)AFCB - Official Club Website
4.
a) When the lease is up with Structadene, are there plans to buy the ground back, how is the lease structured?
b) Since the last B2B meeting, have any discussions with Structadene taken place or been considered? Is the board’s preference to run the lease down rather than buy it out?
NB explained that the lease on Vitality Stadium expires in 2030 and that the club remains in constant dialogue – and has a good relationship – with Structadene.
I agree, what is interesting is, there was an article I read today (link below) that confirmed the timing of the original stadium plans.Realistically we aren't building a new ground before then even if one of us wins the euromillions ( I will fund it if I do , but I want to play right midfield)
Yes totally posible. There are so many ways of structuring commercial finance that a mortgage is now really old fashioned.The fee for a Premier League striker has to be paid off within 3/4 years. Presumably, if we bought the stadium with a commercial mortgage, we'd have a lot, lot longer than that ?
Must be some high-flying accountancy guys on here that know about all that kinds stuff ?
And it should be forever.u could suggest to the techies that it should be possible to delete your own account
And it should be forever.
A hat-trick of flouncing?I'm on a hat-trick!
and it be clear, it was @madasabox.
It was indeed !That was a weird fleeting incursion into the forums.
Euromillions are worth € 215 million tonight.Realistically we aren't building a new ground before then even if one of us wins the euromillions ( I will fund it if I do , but I want to play right midfield)