Latest Meeting with the Club.

[Mick]

Ken

Absolutely love Number 27 - both the question itself and the answer.
IMO , as long as you can keep a straight face , this question should be tabled at every meeting :winking:

His response to that was poor. The question was not "inane". It may have been short on tact and not couched in management speak but the question was valid. A simple denial (with or without fingers crossed behind his back) would have sufficed.

 

[Its Only A Game]

But the completion of a 14,000 seater piece of ****, with less commercial streams than RH currently. Will enable RM/Sainsbury to commence work on the other developments they are both really interested in. Concerning?....I think so.

Sorry, but if the funding is not in place to build the stadium fully. Then we should not be moving.

Unless the Sainsburys deal is structured in such a way that initially we only get enough money for the 3 sides, then once the sainsburys is finished we get the balance of the dosh enabling the main stand to be built.

The trouble is, we are never going to get detailed enough answers due to the "commercial sensitivity" of it all. We will all just have to keep on guessing until the deal comes off (or doesn't)

 

[Jam_Man]

Unless the Sainsburys deal is structured in such a way that initially we only get enough money for the 3 sides, then once the sainsburys is finished we get the balance of the dosh enabling the main stand to be built.

The trouble is, we are never going to get detailed enough answers due to the "commercial sensitivity" of it all. We will all just have to keep on guessing until the deal comes off (or doesn't)

Why would we suddenly be given money once the 3 sides are completed?

The fact we have agreed that the store can be built once 3 sides are done says to me that Sainsbury will wash their hands of the whole mess once 3 sides are up.

 

[Its Only A Game]

Why would we suddenly be given money once the 3 sides are completed?

No, what I'm saying is maybe we get the balance of our dosh once the SAINSBURYS is completed, not the 3 sided ground. Only guessing like everyone else..............

 

[Tangled up in Blue]

The club's typist was ill yesterday and I assume, as I have heard nothing today, she must still be unwell.

The team didn't appear to have a good day at the office yesterday, either. :sad:Perhaps it's contageous? :unsure:

 

[Jam_Man]

No, what I'm saying is maybe we get the balance of our dosh once the SAINSBURYS is completed, not the 3 sided ground. Only guessing like everyone else..............

My understanding is they are financing the 3 sides, the 4th side will be financed from the hotel.

 

[FarmdogSUFC]

Championship in no time then lads :unsure:

 

[David Icke]

21. Please ask Ron what provision he has made for the future of the club in the event of his death/ill-health.

RM - Having given careful consideration to this question I shall leave it to the charity Shelter…. experts in housing the homeless!!

Please get Ron to give a proper answer to this. If the club dies with him then let us at least know.

 

[C C Csiders]

we have had to perform financial gymnastics to keep this project alive.

What a load of Tweddle

 

[Up the Shrimpers]

Exactly. This is massive. If it is "only" a few months or perhaps a year behind the rest of the development, then I won't see that as much of an issue. But let's just say for arguments sake it takes 2/3/4/5 years or never for the main stand to be built. Will we still be here?...I think not.

Just how long can we survive, with less commercial streams than currently available at Roots Hall?

If it was just a standard end missing from the stadium, it wouldn't really bother me. But to have the main stand missing for an as yet unknown amount of time, is very concerning. I cannot think of another team that has gone about a stadium development in this way. It just seems ridiculous and very risky to me. Let's face it. Without a main stand we are finished.

But the completion of a 14,000 seater piece of ****, with less commercial streams than RH currently. Will enable RM/Sainsbury to commence work on the other developments they are both really interested in. Concerning?....I think so.

Sorry, but if the funding is not in place to build the stadium fully. Then we should not be moving.

Yep agree with you there. A 14,000 three sided ground without a main stand is hardly going to make us do a Brighton it's more likely to make us do a Colchester and lose support!

Every club that has built a new ground (even 2 or 3 sided grounds) has built a main stand at the same time. There will be hardly any excitement in moving to a 3 sided ground without a main stand. It will not be something to be proud of, it will look odd. Mind you at the moment I cant even see 3 sides getting built.

 

[united we stand]

Unless the Sainsburys deal is structured in such a way that initially we only get enough money for the 3 sides, then once the sainsburys is finished we get the balance of the dosh enabling the main stand to be built.

The trouble is, we are never going to get detailed enough answers due to the "commercial sensitivity" of it all. We will all just have to keep on guessing until the deal comes off (or doesn't)

actually tha is something where we have recweived concrete answers previously . The Sainsburys deal is for the three sides. The main stand is a sperae deal for which Ron needs funding from an outside partner , which we assume/expect to be whatever hotel is going to housed there.

So Ron can't give a date until he ties in someone for the funding- and I don't beleive Sainsbury's are in the hotel industry

 

[Chairman Trigg]

Trouble is without a actual start date for FF,the feeling that we are turning the corner will not return.Unfortunately since the selling of Barnard to settle the start of Rons debt problems(which resulted in relegation) we have only gone one way 10,000+ gates back to 4,000 where we started with T and B and Ron .After last nights dross its hard to see anything to look forward to

 

[Jam_Man]

actually tha is something where we have recweived concrete answers previously . The Sainsburys deal is for the three sides. The main stand is a sperae deal for which Ron needs funding from an outside partner , which we assume/expect to be whatever hotel is going to housed there.

So Ron can't give a date until he ties in someone for the funding- and I don't beleive Sainsbury's are in the hotel industry

I dont think he is waiting for a date for the 4th stand, I think there are other hold ups.

I think we will progress with the build whether funding is agreed or not, and thats what worries me.

 

[Beefy]

The 3 or 4 side point isn't even an issue at this stage. Until there's any movement on the ground and we get a better idea on timeframes then I don't see the point in getting hung up on that one. The fourth stand will be built as early as it possibly can be built because there's revenue to earned from it.

The far bigger point is the clarification here of how the Club will benefit from non football related revenue, which is a point that people have been banging on about for seven years. And the answer is now confirmed... it won't. I'm pretty sure that wasn't what we were sold when the Club was begging people to come out and petition the Council to support the move.

 

[ooh-andy-ansah]

Let's be honest here, i'm very grateful indeed to mcnasty for trying to get some answers out of the club but every single answer is complete and utter ********, we are slowly going down the khazi, nothing short of a miracle in the form of an uber rich new owner will save this club.

 

[Jam_Man]

The 3 or 4 side point isn't even an issue at this stage. Until there's any movement on the ground and we get a better idea on timeframes then I don't see the point in getting hung up on that one. The fourth stand will be built as early as it possibly can be built because there's revenue to earned from it.

The far bigger point is the clarification here of how the Club will benefit from non football related revenue, which is a point that people have been banging on about for seven years. And the answer is now confirmed... it won't. I'm pretty sure that wasn't what we were sold when the Club was begging people to come out and petition the Council to support the move.

Where did you get to that conclusion?

The following suggests in vague way it will, although again lacks and real information as to how :

7. If the pipe dream of FF ever happens, how exactly will the football club benefit and be self sufficient?

SK – a new stadium delivers many benefits in terms of facilities, opportunities will exist for far greater match day revenues in an environment that is clean new and exciting, as noted elsewhere if you look to Brighton as an example the revenue increase from ticket sales alone was huge, and this would have happened even had they not been promoted. We also have far greater commercial opportunities etc

 

[Beefy]

Point seven seems to specifically and clearly say that the club will only benefit from an increase in footballing revenues. Nice and clean and exciting new stadium = more tickets sold = more revenue. That's it.

The Commerical opportunities are fundamentally tied into the main stand.

 

[Jam_Man]

Having just read through a few of the points again this one is puzzling

8. How exactly are we meeting our financial obligations as you’re skint looking at the state of your companies?

RM - Having invested several million pounds in support of the Clubs to counter losses over the past three years in what has been one of the severest economic down turns in living history it may be that your interpretation of the Parent Companys finances is not actually as you see it. If you were correct then what has been achieved would not have been possible.

My interpretation of things is that over the past 3 years we almost got wound up by not paying 2 million + taxes and got 5 million from Sainsbury.

Is Ron implying there that his companies must be fine because they put in millions as from my understanding the only reason they could was because Sainsbury gave it to them ?

 

[Jam_Man]

Point seven seems to specifically and clearly say that the club will only benefit from an increase in footballing revenues. Nice and clean and exciting new stadium = more tickets sold = more revenue. That's it.

The Commerical opportunities are fundamentally tied into the main stand.

Well the comment only relates to a new stadium, the way I read that is he is talking about a completed stadium.

Its vague as these statements always have been and doesnt really confirm what will and wont benefit the club.

 

[Beefy]

I don't agree that it's vague. Seems far more specific than any answer we've had to that question previously.

The club will benefit from increased match day revenue caused by an increase in fans and by commerical opportunities that the new stadium will create. And that is it. And that's fine as an answer and does make sense but it isn't what was sold to us.