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UWE
Feb 21, 2016 20:04:42 GMT
Post by Antonio Fargas on Feb 21, 2016 20:04:42 GMT
Rightly it wrongly, if the new owners pass on the UWE site/deal for 'commercial' or 'business model' reasons, I will lose all faith in them instantly. Someone should give them a brief history of our stadium plight and point out that a better plot of land - with planning permission - than we have now in our grasp is fantasy. Crikey, give em a minute to settle in first. Both owner and chairman have stated that they like the UWE site for various reasons. In my opinion the reason they are in talks or whatever is because they want to own the land, which makes sense. We'll see though, its all speculation at the moment. Also, would we rather he went into final negotiations with UWE saying we're desperate for a stadium, we'll do anything to get one,' or 'it has to be the right deal if we are to progress with this option.'
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Post by xplosivgas on Feb 21, 2016 20:08:17 GMT
Rightly it wrongly, if the new owners pass on the UWE site/deal for 'commercial' or 'business model' reasons, I will lose all faith in them instantly. Someone should give them a brief history of our stadium plight and point out that a better plot of land - with planning permission - than we have now in our grasp is fantasy. How do you know they haven't already identified or are in negotiations to buy alternative sites? I don't, but on the balance of probabilities I doubt it. Even if they identified a new site we all know that's no guarantee it'll work out. We have UWE on a silver platter and can't comprehend why anyone would want to pass on it.
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Post by garystash on Feb 21, 2016 20:11:59 GMT
It's funny how the whole dynamic has changed now that the money to build the stadium is (apparently) there.
We've gone from an almost desperate position of wanting to build however, to a position where we can negotiate a good deal.
This is a big thing for the UWE and South Gloucester council. A lot of revenue to be generated for the area in general. We are now able to say "you need us for this to happen - so here's how we'd like it to work."
I admire the way the new chairman/owners are handling the PR on this. I also feel confident we'll end up with the best deal for the club, rather than having to be the most submissive of the parties involved.
My only worry is that Mr Al-Qadi doesnt realise how difficult it is to get a viable site for a stadium in this part of the world. If we pull out of UWE, it wont be easy to find somewhere else.
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UWE
Feb 21, 2016 20:13:08 GMT
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Post by chippenhamgas on Feb 21, 2016 20:13:08 GMT
How do you know they haven't already identified or are in negotiations to buy alternative sites? I don't, but on the balance of probabilities I doubt it. Even if they identified a new site we all know that's no guarantee it'll work out. We have UWE on a silver platter and can't comprehend why anyone would want to pass on it. It may not be on a silver platter, we don't know what terms higgs agreed to, if it isn't going to earn enough revenue to make it worthwhile we will look at other options. They said they are here for the long term, they will build a stadium under terms that work for the club over the long term.
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UWE
Feb 21, 2016 20:23:35 GMT
Post by Topper Gas on Feb 21, 2016 20:23:35 GMT
The problem could be the UWE want us to spend £30m/40m building a stadium on their land but they won't give up the freehold, or allow us to name it anything other than the UWE stadium. Don't forget we've not got business men in charge who should know how to negotiate a good deal for the club.
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Post by chippenhamgas on Feb 21, 2016 20:27:14 GMT
Exactly, the original deal was financed by Sainsbury's which is almost certainly dead, now people are expecting the al-qadi family to shell out 40m to build a stadium on land that someone else will own. I for one do not blame them for wanting to renegotiate this.
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UWE
Feb 21, 2016 20:31:23 GMT
Post by Russgas on Feb 21, 2016 20:31:23 GMT
Don't forget we've not got business men in charge who should know how to negotiate a good deal for the club. I beg your pardon ?
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Post by lulworthgas on Feb 21, 2016 20:34:31 GMT
Could he afford to buy land off the uwe then another 30 million on top to build it? Clearly the family are wealthy and a better option (on paper) than Higgs who was taking us to the cleaners. But I've seen nothing to suggest they have money to burn. I think we should all just stay grounded for now. After all, this time last week we would all of been pleased with just getting the uwe built. Let alone all this other talk now of training grounds, freeholds etc. It's going to be an interesting few months. Confirmation of uwe build and the callibre of players we get in on loan will put my mind at ease.
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Post by Deleted on Feb 21, 2016 20:35:38 GMT
Rightly it wrongly, if the new owners pass on the UWE site/deal for 'commercial' or 'business model' reasons, I will lose all faith in them instantly. Someone should give them a brief history of our stadium plight and point out that a better plot of land - with planning permission - than we have now in our grasp is fantasy. I would imagine they are fully aware of our stadium plight. You aren't suggesting that they have bought the club without understanding every aspect are you? These are business people not gamblers.
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Post by kylegas on Feb 21, 2016 20:39:17 GMT
I think they're gonna want to restructure the deal for the stadium so they own the whole thing otherwise proceed with something else, I think that's more important to them then the time it takes to get it done, just my opinion tho
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UWE
Feb 21, 2016 20:46:03 GMT
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kylegas likes this
Post by chippenhamgas on Feb 21, 2016 20:46:03 GMT
I think they're gonna want to restructure the deal for the stadium so they own the whole thing otherwise proceed with something else, I think that's more important to them then the time it takes to get it done, just my opinion tho Yes, i get the feeling that the whole thing works more for uwe than for us, with us paying for it, they didn't get rich by throwing money away.
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UWE
Feb 21, 2016 20:53:50 GMT
Post by pucklegas on Feb 21, 2016 20:53:50 GMT
I think they're gonna want to restructure the deal for the stadium so they own the whole thing otherwise proceed with something else, I think that's more important to them then the time it takes to get it done, just my opinion tho Yes, i get the feeling that the whole thing works more for uwe than for us, with us paying for it, they didn't get rich by throwing money away. Exactly, if they identify another location that suits them better, they will choose that, they will not trust Nick to have negotiated the best deal, they want to check it all out, and why not, it's their hard earned cash.
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Post by lulworthgas on Feb 21, 2016 21:01:05 GMT
Don't we, as fans want uwe to own the freehold though. 900 year lease with a peppercorn rent means our owners would never be able to borrow against the stadium or sell it or God forbid, charge the club rent. I think that there are to many risks involved in a freehold. I'd be more comfortable if they just put it up as per nicks deal. After all he had the clubs best interests at heart all those years back when the deal was first negotiated. Everything else after was him chasing that dream.
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UWE
Feb 21, 2016 21:03:32 GMT
Post by Deleted on Feb 21, 2016 21:03:32 GMT
Could he afford to buy land off the uwe then another 30 million on top to build it? Clearly the family are wealthy and a better option (on paper) than Higgs who was taking us to the cleaners. But I've seen nothing to suggest they have money to burn. I think we should all just stay grounded for now. After all, this time last week we would all of been pleased with just getting the uwe built. Let alone all this other talk now of training grounds, freeholds etc. It's going to be an interesting few months. Confirmation of uwe build and the callibre of players we get in on loan will put my mind at ease. Everything will be done via an interest free loan With some Bank in Jordan, I did hear mentioned. But don't hold me to it
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UWE
Feb 21, 2016 21:16:55 GMT
Post by curlywurly on Feb 21, 2016 21:16:55 GMT
Freehold to the land would always be a better financial proposition, if you can afford it, but the point is that the new regime need to assess the deal in detail. It may be that they wish to add to the development, alter the terms of the plan, or look for an alternative. Friday nights interview with Steve Hamer was revealing where he talked about the possibility of partnerships in relation to the stadium. Rather than negotiating from a position of weakness, where we were looking to scrape together enough funds to get the stadium built, it seems as though more may be considered now. But I like the fact that the approach is sensible and proportionate. We'll have to wait a few more years to get a stadium like the Emirates. ? I thought from TITK that partnerships in the stadium were a bad idea ? Maybe, but I suppose partnerships can take several forms, including naming rights, partial ownership, lease of space, etc. etc. There's a possiblity that other related developments may emerge, but I am at least pleased that a new stadium is still seen as essential. It is going to take a while before we see anything emerge IMO, whilst options are considered and negotiated.
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Post by Strange Gas on Feb 21, 2016 21:28:06 GMT
Getting money on table for mem also a priority. I still think a supermarket is a viable option, just not for £30m. It has pp for that which ain't too common in central Bristol so gotta be worth more than selling to Eddie Ware for houses for which no permission yet in place
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UWE
Feb 21, 2016 21:31:28 GMT
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Post by lulworthgas on Feb 21, 2016 21:31:28 GMT
Getting money on table for mem also a priority. I still think a supermarket is a viable option, just not for £30m. It has pp for that which ain't too common in central Bristol so gotta be worth more than selling to Eddie Ware for houses for which no permission yet in place Aldi supposed to be building a shed load of new stores. Would be good to p off sainsburys and trash in one swoop! news.sky.com/story/1642299/aldi-to-open-80-new-stores-in-uk-this-year
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UWE
Feb 21, 2016 21:36:09 GMT
Post by gonzales on Feb 21, 2016 21:36:09 GMT
Don't we, as fans want uwe to own the freehold though. 900 year lease with a peppercorn rent means our owners would never be able to borrow against the stadium or sell it or God forbid, charge the club rent. I think that there are to many risks involved in a freehold. I'd be more comfortable if they just put it up as per nicks deal. After all he had the clubs best interests at heart all those years back when the deal was first negotiated. Everything else after was him chasing that dream. Good post Lulworth! As has been said on other threads the additional revenue streams a new stadium offers are obviously a big part of the attraction the Al Qadi family has with us. However, you don't need a football club/stadium to build a conference centre/hotel/retail outlet, and it would be cheaper if the club was not part of the equation. So I'm taking a leap of faith and taking Wael's word as gospel, but you're right in your caution, who knows what might happen in the decades to come! Edit - just saw your Aldi post, I'd love an Aldi closer to me! Also, I think 2017 season is a big push, more likely 2018 surely! We wouldn't want a stadia built on dodgy foundations with chinese steel would we!?
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Post by amgas on Feb 21, 2016 21:37:35 GMT
Is that really true ? Plenty of people pay ground rent on their houses and don't own the freehold of the land on which it stands, they still get to sell the house or take a mortgage out to buy it in the first place.
I think if a good deal can be done with UWE it will get built, but as others have said they need to have a negotiating position to get the deal they want. UWE have to believe we will go elsewhere if necessary, I don't think anyone want the deal to collapse however ....
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Post by aghast on Feb 21, 2016 21:44:41 GMT
Allegedly UWE, having agreed to sell us the lease for £8m in return for naming rights, have upped that to £11M. They also want all matchday car parking revenue, worth c. £400k per annum. We had no contract in place with UWE, so they are free to change terms as they wish.
I can see why the new owners might want to look at this in more detail before agreeing anything. Owning the land is obviously desirable, but for that to happen I assume UWE will want considerably more than £8m or £11m.
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