Stadium plans passed subject to earlier payment phasing...

[Jam_Man]

Cricko, I see your argument, and you may well be right. One question on the retail element though is why would RM have included it in the scheme originally unless he wanted it built? Sell roots hall for £40m and build a replacement elsewhere for say £20m would have been a feasible project. He must see long term profit in the retail?

He did, but that was a long time ago in a very different climate.

The plans were put together a decade ago remember.

 

[fbm]

There are two very slim chances of the retail side being built.1 He sells the project with planning permission to a much larger property company who want to take it on and have the finance to do so or 2: He will try to prove it has decent yields by getting a large store to agree to take on the main unit and therefore attract others to it, he may then just get some finance company to back it.

As far as the 4th side of the stadium in concerned it would take forever to make any money as the infrastructure and costs to erect such a building with all the ad on's is colossal. They would need 10.000 people buying season ticket debentures for 40 years in advance to cover such costs IMO.

I am willing to bet you £50 now we will not see a 4th side to the stadium built. RM might make some final gesture as far as it is concerned and hand the 3 sided parts back to the fans as a goodwill gesture before he disappears into the sunset.

ACU has already beaten me to it but without wishing your overstretch your exposure John, I'm also up for the charity bet with a slight amendment... 4th stand is started within 5 years of FF being started.

Of course, you are so incredibly old that you may not live to see that day...

:whistling:

 

[McNasty]

Cricko, I see your argument, and you may well be right. One question on the retail element though is why would RM have included it in the scheme originally unless he wanted it built? Sell roots hall for £40m and build a replacement elsewhere for say £20m would have been a feasible project. He must see long term profit in the retail?

I think it has taken so long since the original plans were made that retail has plummeted everywhere with the onset of internet shopping.

 

[Clinton Baptiste]

Great news, I'm off to the Green Man to get hammered.

 

[North Banker]

4 years without a main stand.:'(

Don't get your hopes up. :unsure:

 

[Cricko]

ACU has already beaten me to it but without wishing your overstretch your exposure John, I'm also up for the charity bet with a slight amendment... 4th stand is started within 5 years of FF being started.

Of course, you are so incredibly old that you may not live to see that day...

:whistling:

Your bet Mark is slightly different as you are saying 5 years after we start to build FF and not play there, but yep you are on :smile:

Nothing would make me more happy than to lose a £100 and see our stadium complete.

 

[Cricko]

Cricko, I see your argument, and you may well be right. One question on the retail element though is why would RM have included it in the scheme originally unless he wanted it built? Sell roots hall for £40m and build a replacement elsewhere for say £20m would have been a feasible project. He must see long term profit in the retail?

Jam and Mcnasty have already answered your question, and perhaps if the downfall of the banks had not happened we would all be happy and playing at FF by now. RM just got to far in with the project on his own, refused to sell it so organised a plan with Sainsburys which in all fairness has kept us going to this point, albeit to his own ends and from then on there was no way out for him but to keep going or go down the toilet taking us with him.

 

[bazzashrimper]

Would he not have seeked to amend the plans to exclude the retail element, 4 th stand excluded?

 

[Cricko]

Would he not have seeked to amend the plans to exclude the retail element, 4 th stand excluded?

Possibly I guess but some seem to think that is his golden egg, I don't and the council would of lost their piece of the action if they did not see a retail side which benefited them in some way as it has today if it happens to the tune of 3.5 mill. It was originally a carrot of 6 mill which is why they were so happy to pass the plans 6 years ago.

 

[united we stand]

I cant remember what the original phazing was, but can someone explain why , based on what we were asking for prior to the meeting this decision is anything other than good news ? I get some of the above comments on Ron walking away without building anything retail development - but would this not have been true yesterday or last week as well ?

 

[Jam_Man]

I cant remember what the original phazing was, but can someone explain why , based on what we were asking for prior to the meeting this decision is anything other than good news ? I get some of the above comments on Ron walking away without building anything retail development - but would this not have been true yesterday or last week as well ?

It is good news as its a hurdle cleared and means we can move forwards.

People will still have reservations though and the worries about whether he will actually be able to build the whole stadium wont be dismissed until he actually does it sadly.

 

[Shrimpergonzo]

I doubt the plans will be called in by the Secretary of State again, the actual plans themselves have been passed before so there's no issue there. The only alterations were to the Section 106 agreement (plus the phasing but that was considered acceptable).

Spot on - can't see any way this would be called in again. Only possible spanner in the works is a judicial review (only means of appeal by a 3rd party) an application for which would have to be made to the courts within 6 weeks. Can't really see this happening either to be honest.

Remember planning permission will not actually be granted until the s.106 legal agreement is signed by Ron, so he needs to be content with the cash flow implications of the deal. Hopefully he will pronounce on this soon to put us all at ease. Just the Prospects/Pizza man and other associated land deals to be sorted at Roots Hall, and the building contracts to be sorted for FF and hopefully we'll see a start on site in the autumn.

 

[buffalowolf]

Stop worrying ,the 4th stand will be built of that im sure.Look on the bright side , this news means our club will survive, maybe in a 3 sided stadium to begin with, but im happy for that if it means my club lives on and i have a team to look forward to reading about , im sorry wish it was possible to be there to watch them each week but its not.I trust RM and Sainsburys to fulfill their promise to all you supporters and to the council there.

 

[sealion]

3-sided stadium = farcical situation

 

[A Century United]

Maybe... But Blackpool had a two sided stadium and they not only survived that, they created a loud atmosphere despite that.

 

[mrsblue]

How on earth this 3 sided thing will keep the club afloat is pure dreamland and will kill SUFC ,Am I correct the only income will be ticket sales?.The stadium owner can charge high rent which leaves the playing budget very tight indeed.

Coventry have their stadium complete yet they are on the verge of oblivion,Ron has played a blinder...Shame.

 

[Jam_Man]

How on earth this 3 sided thing will keep the club afloat is pure dreamland and will kill SUFC ,Am I correct the only income will be ticket sales?.The stadium owner can charge high rent which leaves the playing budget very tight indeed.

Coventry have their stadium complete yet they are on the verge of oblivion,Ron has played a blinder...Shame.

As the stadium owner is Ron why would he charge a rent that his own club cant pay. Putting himself out of business and leaving himself with a stadium he cant use doesnt seem like the best of plans.

 

[Jam_Man]

Maybe... But Blackpool had a two sided stadium and they not only survived that, they created a loud atmosphere despite that.

What 2 sides did they have? Were they missing a main stand?

 

[Wise Head]

At least this has hopefully created some momentum. I would now be surprised if the 3 stadium wasn't built and the club stayed in business until then - purely on the basis that Sainsbury's if the project started would be committed to complete their part.
The retail park and the flats are really nothing to do now with the club as they will or won't be built, sold on by Ron.
The key to the health of the club in the future is what Ron decides to do. Will he build the fourth side? Will he saddle the club with a rent it is never going to be able to pay? Will he wipe out or reduce or even increase our current debt of around £10 million? Will he entertain a new owner/owners at a realistic price who will invest in the club's future?
Only Ron knows the answers to the above, but my gut feel is that the future is very uncertain and we could have years of uncertainty while Ron still owns the club.

 

[BrettieAngell]

What 2 sides did they have? Were they missing a main stand?

Yeah, there were still knocking it down when we went there when Webby came back.