Seems there's still some way to go before any deal is announced.According to League Express Koukash wants to buy the stadium but at less than the initial construction price .Also wants more income streams for the club from the stadium and no settlement on the inherited debt.

Well he obviously thinks he is in a strong position. I thought he would want debt forgiveness but I'm surprised about the stadium.
Can't see him getting this deal as stated above, but on the plus side it seems he definately wants to do a deal. Peel need a viable tenant so perhaps a JV with them on the stadium might be the end result.

Hope it all works out for you.

Stadiums .. I wouldn't know If their value increases after build , I haven't bought any recently

The SL season is 15 days away , the council have millions tied up in the Stadium Development with Peel. millions they could use now , If they don't do a deal , they could end up with a 12,000 seat stadium & no one to play in it , especially if the RU club crash out of the Avviva League. If they do cut a deal , they get slagged off for losing money. deal or no deal eh.. It's RL monopoly , do they mortgage their Hotels on Mayfair . or hope someone elso rolls a 6 and lands on it .

The Council / RFL have vested interest to move quickly , doubt Peel could be hurried though.

The League Express initially states that he wants to improve the rental deal on the stadium and improve income streams. His business relates to selling Corporate seats at conferences around the world and he will be an expert on hospitality at Haydock ,Ascot and the like.
That's where he will be seeing the extra revenue,not just pies and pints although he will want that as well.
It only refers to his offer to purchase the stadium later in the piece and I'd be surprised if that was high on his wish list.

Brings in the incredible possibility of not only owning our own ground again, but getting revenue off Sale to play there...

I say this tongue in cheek obviously.

Says in today's misspelled MEN article that the Dr has brought in Ed Farish, once Chief Finance Officer for the NRL and Graham Lowe. Makes me wonder what role Lowe is playing or will play.

( Lowe ) He ended up CEO of Manly Sea Eagles from 2009 - 2011 , he left the post due to health issues , ( he had a double heart valve bypass op in 2009 after collapsing at Auckland Airport).
He's 66 now , and looks like he's on the After Dinner Speaker circuit in Aus/NZ.

so health permitting CEO , or more likely ' consultant ' .

Ed Farish was Chief Finance Officer or the NRL - June 2011 was sent in to Gold Coast Titans over their incumbent CFO to sort out their financial troubles.

Cheers MM.

The Good Dr doesn't seem to be messing about. Get the right people in to do a job.

rlOffering sensible words of advice,perhaps ?rl

Quote: TheButcher "Says in today's misspelled MEN article that the Dr has brought in Ed Farish, once Chief Finance Officer for the NRL and Graham Lowe. Makes me wonder what role Lowe is playing or will play.'" Not sure if you have seen League Express but the quote from Blake Solly to 'MEN Sport' in the Barker piece is lifted word for word from there. I did some googling about Andrew Chalmers the other day and he apparently brought Lowe in at the NZRL as Director of Football so presumably he is behind this move. www.sportsfreak.co.nz/wp/?p=606 - article here.

Quote: TheButcher "Says in today's misspelled MEN article that the Dr has brought in Ed Farish, once Chief Finance Officer for the NRL and Graham Lowe. Makes me wonder what role Lowe is playing or will play.'" Not sure if you have seen League Express but the quote from Blake Solly to 'MEN Sport' in the Barker piece is lifted word for word from there. I did some googling about Andrew Chalmers the other day and he apparently brought Lowe in at the NZRL as Director of Football so presumably he is behind this move. www.sportsfreak.co.nz/wp/?p=606 - article here.