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Quote: Bigpev "Currently we are paying rent on the stadium for the whole year, if another tenant moves in the rent and repayments also to the council will be shared between the two therefore in theory a 50% reduction in costs for Salford. Thats the impression I got on Monday night.'"


Rather than pay off debt in half the time?

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Quote: Bigpev "Currently we are paying rent on the stadium for the whole year, if another tenant moves in the rent and repayments also to the council will be shared between the two therefore in theory a 50% reduction in costs for Salford. Thats the impression I got on Monday night.'"


Yeah, but if you're a landlord with two rooms to lease out and a mortgage to repay, you generally have a rental fee per room; you don't halve them both if you manage to let both out - unless you're not bothered about making money.

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Quote: Chico "Rather than pay off debt in half the time?'"


if Salford pay as much as they are paying now and Sale/Manchester only pay rent the debt would still be paid off in the same period, the only way it would be paid off in half the time is if both clubs continue to pay the same as Salford now, unlikely because of the rent issue and Sale/Manchester negotiations, some of the rent pays off the debt as far as I am aware. like a HP agreement.

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Quote: Iain "Yeah, but if you're a landlord with two rooms to lease out and a mortgage to repay, you generally have a rental fee per room; you don't halve them both if you manage to let both out - unless you're not bothered about making money.'"


we only have the one room and that is being sublet, just like a number of council tenants used to do.

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Big well done and thank you to Mr Salford eusa_clap.gif a014.gif eusa_clap.gif a014.gif


If this deal comes into fruition, I'd hope the fans could forge a break off club alas FCUM.

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This just seems to be the nature of things with the club.

The web site is useless they only use facebook to make announcements.

The article seems to suggest our academy teams will ahve to play at Stockport (and pay extra)

Maybe the time has come to get aggressive and fight, not sure the current board are up for that though

Not a great day.

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Quote: Bigpev "we only have the one room and that is being sublet, just like a number of council tenants used to do.'"


What is your take on the deal we have been lumbered with?

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Quote: programmethrower "Big well done and thank you to Mr Salford
icon_lol.gif icon_lol.gif icon_lol.gif icon_lol.gif icon_lol.gif

Cute.

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Quote: programmethrower "Big well done and thank you to Mr Salford
Mr Salford or Mrs Salford for that matter, Even Uncle Salford who won the pools has no say what another Company and another business decide between them.

As for a break-off Club... icon_lol.gif

The people of Salford are pretty apathetic to Salford Reds in general, plus we have the Leagues most unrealistic and miserable fans. I'm sure they'd be willing to devote their time, money and reputations on forming something that would need nothing short of a miracle to come to fruition.

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Quote: EX.SALF.UNI "icon_lol.gif
Your take on this current development?

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Quote: Bigpev "we only have the one room and that is being sublet, just like a number of council tenants used to do.'"


We have the one room being let out by a company that's there to return a profit.

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Quote: Bigpev "if Salford pay as much as they are paying now and Sale/Manchester only pay rent the debt would still be paid off in the same period, the only way it would be paid off in half the time is if both clubs continue to pay the same as Salford now, unlikely because of the rent issue and Sale/Manchester negotiations, some of the rent pays off the debt as far as I am aware. like a HP agreement.'"


Quote: Bigpev "we only have the one room and that is being sublet, just like a number of council tenants used to do.'"


I don't get what you're saying. Sublet? Are you saying that Sale are renting off Salford rather that the SMC? That's the only way subletting can come into it.

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Quote: Walshovski "What is your take on the deal we have been lumbered with?'"


I think it is the best we could have got under the circumstances, personally I am pretty ed off with it, but unless Salford could find a sugar daddy this was always going to be the route, it may in the long run bring in more fans and we may improve as a club, we will get the marketing expertise of Sale/manchester as well.
The moment Red City developments went tits up I knew the ground would not be ours at the start, Wilkie has put a lot in but he is only a poor millionaire compared to other Rugby League club owners so we have to look for what is best for Salford in the long run. I now think he will sell the club before the end of the season and stay on as life president of the club with Kennedy buying Salford, then I feel that could be the real rocky ride, but why buy a team to make it fail. With Stockport he didn't buy a team in the top division with Salford he would have that and I think he may decide to put some money in.

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lol queue doom and gloom, its no wonder other boards laugh at ours!

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Quote: Walshovski "Your take on this current development?'"



He doesn't really care he only comes to a handful of games.

And Pev stop talking in riddles as usual.

562 posts in 38 pages 
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