FORUMS > Wakefield Trinity > DEADLINE |
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| There’s a lot being thrown around. Keep calm and relax. Full statement after taking legal advice. Bottom line. Somebody made a lot of money after promising to fund and build a community stadium. New person stands to make a lot of money after promising to build and fund a community stadium. Recurring theme???
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International Star | 764 | No Team Selected |
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| Quote: Daddycool "There’s a lot being thrown around. Keep calm and relax. Full statement after taking legal advice. Bottom line. Somebody made a lot of money after promising to fund and build a community stadium. New person stands to make a lot of money after promising to build and fund a community stadium. Recurring theme???'"
As suspected. I thought the timing was rather odd, the council going to the press just as you were going on holiday.
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Club Coach | 5320 | |
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Oct 2004 | 20 years | |
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| Quote: Sacred Cow "Agreed, i think he would stand to make just as much money with the club being there as it not being so i doubt he wants it dead. He probably just wants a piece of the pie, be that monetary, controlling or a bit of both.'"
Having read the post of IA on the press release and a couple of phone calls I am certain Walker is actively involved. Why he needs this at his age and alleged financial wealth we can only speculate right now. My best shot at the moment is this.
Walker realises whoever controls the stadium controls the club playing there. By being in full control as the chairmen of the shadow trust waiting to take over, he will eventually have that power. This will give him a nice financial pay back plus the kudos, these are his life blood. He also believes once he has established himself then removing MC and CB will not be that difficult. I am also convinced he has friends and contacts in place who are more than willing to run the club.
Box I still believe wants the club to die, however he knows Walkers plan and sees it as the next best thing.
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Player Coach | 3192 | No Team Selected |
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Feb 2006 | 19 years | |
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| Quote: Wollo-Wollo-Wollo-Wayoo ""The Trust" never seem to get involved publicly in these disputes. How come? Surely it's the middle man?'"
We don't need to say anything at this stage. We work very closely with the Club and are together on this and will be taking legal advice together.
Pretty sure there will be something from the Club and Trust when we have the advice.
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Player Coach | 5507 | No Team Selected |
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| Quote: Daddycool "There’s a lot being thrown around. Keep calm and relax. Full statement after taking legal advice. Bottom line. Somebody made a lot of money after promising to fund and build a community stadium. New person stands to make a lot of money after promising to build and fund a community stadium. Recurring theme???'"
I still believe that has to be some middle ground somewhere. There has to be otherwise the club is done for.
One question, does this make any difference to the deal to play at Belle Vue next season? Could we still serve notice and go elsewhere?
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Club Coach | 7425 | |
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May 2005 | 20 years | |
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| Quote: coco the fullback "Favourite quote from Wallhead
Coco, as far as I understand the Cas ground, it's private investors funding it, no public money involved, and Cas haven't had to inject any money into the build.
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Rank | Posts | Team |
Club Coach | 7425 | |
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May 2005 | 20 years | |
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| Quote: Prince Buster "Having read the post of IA on the press release and a couple of phone calls I am certain Walker is actively involved. Why he needs this at his age and alleged financial wealth we can only speculate right now. My best shot at the moment is this.
Walker realises whoever controls the stadium controls the club playing there. By being in full control as the chairmen of the shadow trust waiting to take over, he will eventually have that power. This will give him a nice financial pay back plus the kudos, these are his life blood. He also believes once he has established himself then removing MC and CB will not be that difficult. I am also convinced he has friends and contacts in place who are more than willing to run the club.
Box I still believe wants the club to die, however he knows Walkers plan and sees it as the next best thing.'"
The poster called "Harrogate?"
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Club Coach | 3728 | No Team Selected |
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| Quote: JINJER "Coco, as far as I understand the Cas ground, it's private investors funding it, no public money involved, and Cas haven't had to inject any money into the build.'"
I believe Cas paid a six-figure sum for all the stadium design and planning permission for their stadium, whilst the council funded the Newmarket scheme.
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Player Coach | 3011 | |
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Jun 2005 | 19 years | |
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| Quote: JINJER "Coco, as far as I understand the Cas ground, it's private investors funding it, no public money involved, and Cas haven't had to inject any money into the build.'"
I was referring to the first part really, as the second part makes no sense. I'm still of the understanding that it would be a community stadium owned/run by a charitable trust under similar conditions to the proposed Newmarket development. Also, I thought the council were facilitating a loan rather than using any taxpayers' money and the proposed £2M was investment in ancillary community sports facilities.
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| Quote: Sacred Cow "I believe Cas paid a six-figure sum for all the stadium design and planning permission for their stadium, whilst the council funded the Newmarket scheme.'"
Where have you seen that ? Is it being confused with the first Glasshoughton stadium on the Stadium Business Park land by the station.
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International Star | 252 | No Team Selected |
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Nov 2014 | 10 years | |
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| Quote: JINJER "Coco, as far as I understand the Cas ground, it's private investors funding it, no public money involved, and Cas haven't had to inject any money into the build.'"
I thought the new Cas ground was being built using money from an S106 agreement? If so, it is technically public money as the council can decide where/on what that money (coming from the developer)is spent, whether that be new cycle ways, parks, pedestrian bridges, social housing, community sports facilities or even (as Salford has recently done) to upgrade existing and open MORE public libraries.
I had always believed they were meant to be for the benefit of the community, so never actually understood how Cas (as a private business) are going to end up as sole owners of their new stadium.
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| There is an S106 but that doesn't necessarily mean public money, the money to fund the Cas build is being set up via a "hedge fund" with investors in the whole of the Development get a payback once it's fully complete, all the monies are from the private sector, the S106 ties it all together to allow the planning permission become reality.
Some years ago I was a school governor that sat on the schools finance committee, a property developer was building on land adjacent to the school, we agreed with the development to not object to the planning application on the proviso that some of the land was handed to the school and developped in to a car park drop off Area and some cash was given to the parish council for other schemes in the parish, all from the developer, all private money, but bound by an s106 agreement
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International Star | 2493 | |
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| An interesting new poster on casforum claims to be a friend of Manni's. worth a read.
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Rank | Posts | Team |
International Star | 2493 | |
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Jan 2014 | 11 years | |
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| Quote: Sandal Cat "Where have you seen that ? Is it being confused with the first Glasshoughton stadium on the Stadium Business Park land by the station.'"
I don't know about the latest plan but Cas said the sale of Joe Westerman (£175,000) was to fund planning for the GH scheme.
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Moderator | 12504 | |
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Jul 2002 | 22 years | |
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| Quote: newgroundb4wakey "An interesting new poster on casforum claims to be a friend of Manni's. worth a read.'"
Really? says zilch of interest to me.
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