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Post by Topper Gas on Aug 6, 2017 18:23:59 GMT
I assume it's OK to post this on here from FB, if not, the mods are welcome to delete this thread :
"Let us be realistic. The redevelopment of the Men did not give a decent financial return to support the investment. The UWE stadium did but it is a leasehold. ( which can be renewed many times over) I suspect Dwayne Sport wanted freehold but in my eyes the value of the stadium for another purchaser is in the revenue returns as long as you have a renewable lease option. A new stadium elsewhere would be more exensive than UWE and planning will be a challenge. Dwayne Sports should not dismiss UWE so quickly and carry on negotiations to resolve their differences. Leasehold and freehold can be on a par financially if the revenue streams are there."
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Post by Deleted on Aug 6, 2017 18:37:17 GMT
Interesting... Higgs will be commenting next. They were all rather quiet during the good times though weren't they?
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Post by Deleted on Aug 6, 2017 18:41:25 GMT
Why didn't he get us a new ground?
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Post by amgas on Aug 6, 2017 18:42:48 GMT
He did ;-) No mem without him.
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Post by singupgas on Aug 6, 2017 18:43:46 GMT
Why didn't he get us a new ground? He possibly didn't have the money either
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Post by Topper Gas on Aug 6, 2017 19:40:53 GMT
Why didn't he get us a new ground? Do you have problems reading? "The redevelopment of the Men did not give a decent financial return to support the investment"
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Post by newmarketgas on Aug 6, 2017 19:48:24 GMT
Why didn't he get us a new ground? Do you have problems reading? "The redevelopment of the Men did not give a decent financial return to support the investment" This might be the same as the UWE deal on offer ?
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Post by gasandelectricity on Aug 6, 2017 19:54:56 GMT
"The board had no part in the negotiations. Nick and lawyers did all the work. We had little feed back other than basic knowledge of what had been agreed."
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Post by Topper Gas on Aug 6, 2017 20:26:08 GMT
Do you have problems reading? "The redevelopment of the Men did not give a decent financial return to support the investment" This might be the same as the UWE deal on offer ? Possibly, but why take 18 months and get to the point of discussing Heads of Terms before realising that was the case, if Wael had told us the feasibility study made the stadium not viable we could have accepted that and just blamed NH! Once he suggested it was feasible we assumed a deal would eventually be agreed.
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Post by aghast on Aug 6, 2017 20:32:21 GMT
This might be the same as the UWE deal on offer ? Possibly, but why take 18 months and get to the point of discussing Heads of Terms before realising that was the case, if Wael had told us the feasibility study made the stadium not viable we could have accepted that and just blamed NH! Once he suggested it was feasible we assumed a deal would eventually be agreed. If the feasibility study said the deal was good, it suggests either that: - the feasibility study was carried out on the basis of terms that had not been agreed or - UWE or our owners changed the terms after the study had been carried out
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Post by Deleted on Aug 6, 2017 21:12:25 GMT
Why didn't he get us a new ground? Do you have problems reading? "The redevelopment of the Men did not give a decent financial return to support the investment" Hahaha! You beauty.
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Post by dinsdale on Aug 6, 2017 21:12:45 GMT
Two things
1. Everything about this UWE decision from sacking Mr Cunnagh to the complete silence and decision to bin it is really fishy. Things don't add up.
2. Wael is on the radio next week so despite the stench of kippers lets give him a chance to explain. By explain i mean actual proper explanation not plattitudes and charm.
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Post by gasincider on Aug 6, 2017 23:01:29 GMT
If the feasibility study said the deal was good, it suggests either that: - the feasibility study was carried out on the basis of terms that had not been agreed or - UWE or our owners changed the terms after the study had been carried out Or far more likely, the study would incorporate all possible revenue streams, and if all retained we would make an annual profit of x pounds. Then UWE state what the cost of the lease is, and which element and percentage of the streams thereof they wish to retain. If it's still viable, then it's a goer. If not we call it off. However, SH said that we had issued heads of terms, and expected a response within 10 days. So terms must have been ok. UWE say they never received heads of terms so had nothing to return. 40 years ago we set a spacecraft on a course to pass all the major planets and go into interstellar space, but we can't phone UWE to check the progress of the Heads of Terms ( to see if the right people had it and if they had any concerns) You couldn't make it up. Or is it a lack of funds. Wake up South Gloucs and get both sides round the table to sort this mess out.
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Post by Deleted on Aug 6, 2017 23:11:22 GMT
If the feasibility study said the deal was good, it suggests either that: - the feasibility study was carried out on the basis of terms that had not been agreed or - UWE or our owners changed the terms after the study had been carried out Or far more likely, the study would incorporate all possible revenue streams, and if all retained we would make an annual profit of x pounds. Then UWE state what the cost of the lease is, and which element and percentage of the streams thereof they wish to retain. If it's still viable, then it's a goer. If not we call it off. However, SH said that we had issued heads of terms, and expected a response within 10 days. So terms must have been ok. UWE say they never received heads of terms so had nothing to return. 40 years ago we set a spacecraft on a course to pass all the major planets and go into interstellar space, but we can't phone UWE to check the progress of the Heads of Terms ( to see if the right people had it and if they had any concerns) You couldn't make it up. Or is it a lack of funds. Wake up South Gloucs and get both sides round the table to sort this mess out. Hell of a lot of conjecture in there, good work.
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Post by singupgas on Aug 6, 2017 23:20:20 GMT
If the feasibility study said the deal was good, it suggests either that: - the feasibility study was carried out on the basis of terms that had not been agreed or - UWE or our owners changed the terms after the study had been carried out Or far more likely, the study would incorporate all possible revenue streams, and if all retained we would make an annual profit of x pounds. Then UWE state what the cost of the lease is, and which element and percentage of the streams thereof they wish to retain. If it's still viable, then it's a goer. If not we call it off. However, SH said that we had issued heads of terms, and expected a response within 10 days. So terms must have been ok. UWE say they never received heads of terms so had nothing to return. 40 years ago we set a spacecraft on a course to pass all the major planets and go into interstellar space, but we can't phone UWE to check the progress of the Heads of Terms ( to see if the right people had it and if they had any concerns) You couldn't make it up. Or is it a lack of funds. Wake up South Gloucs and get both sides round the table to sort this mess out. South Glos you would think they were interested but don't see them getting involved.
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Post by gasincider on Aug 6, 2017 23:57:00 GMT
Or far more likely, the study would incorporate all possible revenue streams, and if all retained we would make an annual profit of x pounds. Then UWE state what the cost of the lease is, and which element and percentage of the streams thereof they wish to retain. If it's still viable, then it's a goer. If not we call it off. However, SH said that we had issued heads of terms, and expected a response within 10 days. So terms must have been ok. UWE say they never received heads of terms so had nothing to return. 40 years ago we set a spacecraft on a course to pass all the major planets and go into interstellar space, but we can't phone UWE to check the progress of the Heads of Terms ( to see if the right people had it and if they had any concerns) You couldn't make it up. Or is it a lack of funds. Wake up South Gloucs and get both sides round the table to sort this mess out. Hell of a lot of conjecture in there, good work. Got it in one. And the reason? LACK OF COMMUNICATION
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Post by fanboy on Aug 7, 2017 7:09:37 GMT
Two things 1. Everything about this UWE decision from sacking Mr Cunnagh to the complete silence and decision to bin it is really fishy. Things don't add up. 2. Wael is on the radio next week so despite the stench of kippers lets give him a chance to explain. By explain i mean actual proper explanation not plattitudes and charm. Michael Cunnah was not sacked - this is a great example of a rumour starting carelessly on a forum and no doubt spreading. He was a consultant. He came in, he checked out the plans / project, and made his comments. He then was not required until the negotiations were complete. He did he job he was supposed to do, he certainly did not get sacked and had the negotiations gone well he'd have returned.
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Post by Topper Gas on Aug 7, 2017 7:19:54 GMT
Two things 1. Everything about this UWE decision from sacking Mr Cunnagh to the complete silence and decision to bin it is really fishy. Things don't add up. 2. Wael is on the radio next week so despite the stench of kippers lets give him a chance to explain. By explain i mean actual proper explanation not plattitudes and charm. Michael Cunnah was not sacked - this is a great example of a rumour starting carelessly on a forum and no doubt spreading. He was a consultant. He came in, he checked out the plans / project, and made his comments. He then was not required until the negotiations were complete. He did he job he was supposed to do, he certainly did not get sacked and had the negotiations gone well he'd have returned. You're mostly likely correct but like Will Dubey their was a big fanfare when he arrived but nothing said when they departed.
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Post by Topper Gas on Aug 7, 2017 7:24:47 GMT
Hell of a lot of conjecture in there, good work. Got it in one. And the reason? LACK OF COMMUNICATION It's a real mystery to me, we spend 5 years talking, during which time surely some kind of working relationship was built up, then we just walk away because the UWE failed to respond to an email/letter? Seems to me we must be miles apart on some issue, or issues, as surely you would drop them an email or phone them to see if they were prepared to agree a deal. If it's funding that is the issue then no amount of mediation by September Glos etc is going to pay for the stadium.
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Post by seanclevedongas on Aug 7, 2017 7:50:53 GMT
Oh It's a Mystery.....
sorry Hugo
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