Really, WR or the ground is an asset the club needs to conduct its business. To sell it a replacement is needed for CT to continue to conduct said business.
The now £5M is small potatoes in order to build another owned stadium to replace WR, hence my point.
In this day of the sport business crossover an asset such as a ground is nothing but a red herring, it's only worth the money to someone who was happy to buy the club and leave you without an owned home, this trousering the money.
Nobody is going to come in pay top dollar for a club like Cas thinking "not to worry, I've got £X Million tied up in WR" as the replacement cost is way higher.
It's basic math's really and that's why I think it's a red herring, as it doesn't really exist.

Kinley, its "worth" is the total of all the clubs assets plus a bit of good will.
Some of the assetts have a tangible value and others a perceived value.
The origanal share value of £1 (or whatever it was) is only a nominal value.
Even with this in mind, you would still need a buyer who agrees with the valuation.

Absolutely wrencat, among its assets is WR not GH or anywhere else.
To realise it's value as £££, means either becoming homeless or a tenant, it's value as land for development of whatever type, can never be realised in relation to building a replacement ground as it is only a fraction of that needed to replace it.
SL "demands" that all grounds are upto date, therefore anyone coming in to replace RW cannot realistically be expected to pay for something that has no significant real value, i.e the ground in its present form will not permit CT to continue in SL and the land value is far less than its replacement cost.
Undoubtedly it has value, but like when you sell a car and need to replace it with a new one, you are usually left with a short fall, as will any investor in CT be.
The belief that WR can make CT worth more is IMO misleading, it exists bat has no real value in the situation/circumstances.
CT will only really benefit from its sale (if that ever happens) if they sell and then lease. I would suggest that would actually put them in a far stronger position, a RL club with £5M in the bank is rarer than a woman who understands the LBW rule.

Resigned.

Who towns, You or RW ?

Unfortunately, I'm at work in 2 hours, so not myself!

Based on what source?

Looking on Casforum there is a lot of cryptic messages going on. It could be any of the following:

A buy-out of his shares by another shareholder
A consortium bringing in investment but only if RW steps down
A total take-over of the club (this was suggested in League Weekly)

My guess is the second one.

If Robbo is involved in any way, shape or form say goodbye to the stadium because he has a vested interest in not having a Supermarket and has already nailed his colours to the mast of objecting it.

Robbo is behind the takeover Gronk. We will be either staying at WR or taking a loan to get GH started. PROBIZ offered 5 million to start the GH build in the shape of a loan which was knocked back by the B.O.D. I also wouldn't be surprised if the long term plan for WR goes back to housing.

Such a bold statement to make with zero proof (please prove me wrong)!!!!

Urgh, would much rather have RW over that ranting idiot.



The PROBIZ loan offer also had a ridiculous interest rate and some other unsavoury terms to it which Halifax also wouldn't give them, but Fev would...which is why they're currently flavour of the month with Feisal.

If they can do a flip with Persimmon/Tesco and have the Supermarket on Nestle and Persimmon where the stadium is it will all be fine but if it goes the route of staying put or a loan then the club is doomed.

Watch this space Flump.

Robbo isn't taking over the club, Nobody is. There are potential directors, Of which Robbo is one.

The stadium loan offer had 15% interest to be paid back within 3 years. And would have meant after 3 years, When we couldnt afford to pay. Feisal would own the club. No thanks

I'm afraid Robbo will be disliked more than RW currently is if he takes a directorship. His views on the future of CT could put us back another 4 years. His cringeworthy rants and cryptic thoeries on Casforum are worse than listening to Feisal and he sounds like he has just swallowed a manual in team leadership.