FORUMS > Wakefield Trinity > Belle vue bought |
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| Presumably if Wakefield Trinity have bought the ground then no rents will be payable to anyone, and what "ownership" will The Community Trust have in Belle Vue?
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| Quote: PopTart "Wasn't it bought for £400k last time. They can't be expecting that much profit.
I'm assuming those funds are redevelopment costs too.'" assume nothing, the clubs had their pants pulled down a few times, can't help but think its an up hill battle still
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| Not bought but a deal agreed in principle. Another 2-3 months to ratify the loan? Also hope the whole site will be purchased rather than just the ground and some of the money be used to get some basic upgrades going. £3.5m doesn't get you much these days.
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| Quote: Redscat "Presumably if Wakefield Trinity have bought the ground then no rents will be payable to anyone, and what "ownership" will The Community Trust have in Belle Vue?'"
Rent payable to the council to cover the loan until repaid?
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| Quote: bren2k "The day the community stadium died.
Mackie will be cracking a bottle of Moet as club officials are forced to pose for smiley pictures with Mr Box, celebrating the magnanimity of WMDC. Pathetic.'"
Bren, that died when Thornes Park went pop, Newmarket was always just a ruse to get developable land taken out of greenbelt, no stadium was ever going to become of it.
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| No doubt a good thing, surrounding area including the house & tile shop or whatever it is these days?
Say £1m for the lot with £2m to start the ground renovations? East stand?
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| Quote: Khlav Kalash "Not bought but a deal agreed in principle. Another 2-3 months to ratify the loan? Also hope the whole site will be purchased rather than just the ground and some of the money be used to get some basic upgrades going. £3.5m doesn't get you much these days.'"
2-3 months for public opinion to turn against us especially come election time. I can't see this going well. Who is going to fund any redevelopment, have YCP got off scot-free? Mannis made a killing on this, YCP have made a killing and we'll look like the bad guys taking from the tax payer in time of cut backs. None of this really adds up for me, I fail to see a funding stream for redevelopment.
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| Quote: deeHell "2-3 months for public opinion to turn against us especially come election time. I can't see this going well. Who is going to fund any redevelopment, have YCP got off scot-free? Mannis made a killing on this, YCP have made a killing and we'll look like the bad guys taking from the tax payer in time of cut backs. None of this really adds up for me, I fail to see a funding stream for redevelopment.'" I'm with you on this, I feel like the clubs but its head in a noose here and it could be pulled at any moment,
until there is a announcement from the club explaining how they intend to purchase the ground and improve it I still see it as hot air from the council
whats happening now to YCP have the got off scott free
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| Quote: deeHell "2-3 months for public opinion to turn against us especially come election time. I can't see this going well. Who is going to fund any redevelopment, have YCP got off scot-free? Mannis made a killing on this, YCP have made a killing and we'll look like the bad guys taking from the tax payer in time of cut backs. None of this really adds up for me, I fail to see a funding stream for redevelopment.'"
I'm sure Manni has made a profit, however who's to say the loan is just to buy the ground back as others have said upto £1m buys the land with 2.5m used to start with as a redevelopment fund.
Edit - Scratch that, it seems the loan is for the sale only. Good business from Manni, well worth that punt.
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| Scrap that the money is for purchase only! Manni must be laughing his a*** off
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| Keep on like this, before really knowing all the details and MC may carry out what he nearly did last year and walk away.
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| Not meaning to sound negative, it’s great news and I’ve always wanted to stay at BV.
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| I know its been a long, long time coming, but I can now wait a bit longer until we hear what the club has to say.
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| Quote: Khlav Kalash "I'm sure Manni has made a profit, however who's to say the loan is just to buy the ground back as others have said upto £1m buys the land with 2.5m used to start with as a redevelopment fund.
Edit - Quote: Khlav Kalash "Scratch that, it seems the loan is for the sale only'" . Good business from Manni, well worth that punt.'"where you picked up this information
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