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12 minutes ago, Burnsie said:

And West Ham?

 

It goes wrong for some, and works for others (do the pigs own theirs?)

why be concerned by the pigs all the time?

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11 hours ago, S36 OWL said:

 

If this is true , i very much doubt our Ground will leave the ownership of the Chansiri family. Im fairly confident it will be " sold" to a relative of DC ,and after a bit of "money movement " it will end up exactly where it is now , owned by DC , but with documents showing a sale and  £30m or so " income" into the club , thus allowing DC spend his own money  on Bruce`s contract ,and on new players . 

of course it will, and paperwork to show differently when the league sticks it's limited nose in.

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It'll be interesting to see how this plays out. One other stipulation of FFP is that transactions need to be 'arms length' - so simply selling it off to his Dad might not be accepted by the EFL when they go through the books. 

 

It's also a massive gamble, would sooner sell all our players than put ourselves at this kind of risk.

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21 minutes ago, ZicoSterland2 said:

The value is what someone is willing to pay.

Q) what's the value of an old stadium on damaged ground?

A) it is STILL what someone is willing to pay.

is anyone other than swfc likely to want the land or stadium?

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4 minutes ago, dnhc said:

this ins NOT a Coventry city issue, DC has funds but is not allowed to attempt to level the playing field between us and the  'parachute payment' boys because ffp rules are there to protect them further whilst attempting to re-buy there premier league status. 

he will sell to a 'trusted' friend' will stipulations in the contract not allowing the re-sale.

even if he was slack enough not to, what do you see Hillsborough being used for, building land? a fishing pond? or boating lake?

it's a way of injecting capital into the 'project' for one last blast from him. should he then decide to sell the club, it would be wise of the buyer to secure the ground in the sale, BUT not essential, as dc wouldn't be able to raise the rent too far before the club jumped ship leaving him with an 'elderly' stadium (terms used by plenty on here) built on what now appears to be damaged ground. 

stop looking at this from a working class persons perspective with a mortgage, if you haven't got the understanding of finance at this level it's best left to those itk, he'll have had this looked into by people whose world IS finance, and it will be watertight.

The club has haemraged money under DCs control that is why we are under FFP restrictions. It is likely we will have further debts in the next set of accounts. Where do you think we could jump ship to because we havent got the finances to build a new stadium. I would rather steady the ship and keep our main asset than have one last throw of the dice at promotion. 

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13 minutes ago, dnhc said:

this ins NOT a Coventry city issue, DC has funds but is not allowed to attempt to level the playing field between us and the  'parachute payment' boys because ffp rules are there to protect them further whilst attempting to re-buy there premier league status. 

he will sell to a 'trusted' friend' will stipulations in the contract not allowing the re-sale.

even if he was slack enough not to, what do you see Hillsborough being used for, building land? a fishing pond? or boating lake?

it's a way of injecting capital into the 'project' for one last blast from him. should he then decide to sell the club, it would be wise of the buyer to secure the ground in the sale, BUT not essential, as dc wouldn't be able to raise the rent too far before the club jumped ship leaving him with an 'elderly' stadium (terms used by plenty on here) built on what now appears to be damaged ground. 

stop looking at this from a working class persons perspective with a mortgage, if you haven't got the understanding of finance at this level it's best left to those itk, he'll have had this looked into by people whose world IS finance, and it will be watertight.

Just like it was watertight that we wouldn’t run into FFP problems? It’s a sign of desperation. Selling the family silver. 

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27 minutes ago, Burnsie said:

And West Ham?

 

It goes wrong for some, and works for others (do the pigs own theirs?)

West Ham’s was linked to a move to a much bigger stadium. Ours would be to get us out of a hole so we can do it all over again. 

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3 minutes ago, rickygoo said:

Just like it was watertight that we wouldn’t run into FFP problems? It’s a sign of desperation. Selling the family silver. 

 

Something about this has a "if it were really as easy as that" feel to it. A bit like loaning money from fans for putting small plaques on the back rest of seat.

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17 minutes ago, edited said:

Surely other teams would have gone down this route. Just doesn’t seem right to me

 

Doubt there are many potential buyers to buy a football stadium, where the buyer can't demolish and build and possibly other stipulations.

 

Unless you have 'rich friends' who would buy a football ground on that understanding.

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1 minute ago, ZicoSterland2 said:

The club has haemraged money under DCs control that is why we are under FFP restrictions. It is likely we will have further debts in the next set of accounts. Where do you think we could jump ship to because we havent got the finances to build a new stadium. I would rather steady the ship and keep our main asset than have one last throw of the dice at promotion. 

you're NOT in charge, HE IS,  it's his money, his ground, his club.

you have no idea what finances the NEXT owners of this club will have, just as I do not.

what you haven't taken into account in the latter part of your post is the everyday cost of running the club over several seasons whilst keeping this main asset of yours (that's virtually worth very little in the real world) would spend his money on wages and (elderly) players needing replacing, whilst having to sell reach, bannan, ff etc to satisfy ffp this time around.

he's making what appears the only sensible move for him, YES it's a gamble, but it's his club, his money, and gambling is his choice.

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Posted (edited)
14 minutes ago, dnhc said:

Q) what's the value of an old stadium on damaged ground?

A) it is STILL what someone is willing to pay.

is anyone other than swfc likely to want the land or stadium?

 

It has huge value to whoever needs it most. 

 

What other options do SWFC have for playing home fixtures? Who then is in a position of power?

Edited by Sonny

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20 minutes ago, sherlyegg said:

Not sure...but I seem to remember Sainsbury paying £10M for the Claywheels Lane site...3 acres.
Not sure how many acres Hillsborough is built on, 6 maybe?

DANGER FLOODPLAIN

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Just now, Sonny said:

 

It has huge value to whoever needs it most. 

 

What other her options do SWFC have for playing home fixtures? Who then is in a position of power?

it doesn't, the owner has 3 choices

A) rent it out and get money in

B) keep it empty and get nothing

C) make it a boating lake.

who would be in need of an elderly football stadium that they can't half fill twice a year?

chesterfield, dings, doncaster, toytown, pigs?

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Just now, dnhc said:

it doesn't

 

Yes, it does.

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‘Having certainty of access to the only viable location to fulfill home fixtures is not of huge value to a football club’

 

:carlosswfc:

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24 minutes ago, e6owl said:

It'll be interesting to see how this plays out. One other stipulation of FFP is that transactions need to be 'arms length' - so simply selling it off to his Dad might not be accepted by the EFL when they go through the books. 

 

It's also a massive gamble, would sooner sell all our players than put ourselves at this kind of risk.

Maybe to the company T.U.F

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1 minute ago, Sonny said:

 

Yes, it does.

how? which do you choose A,B, or C?

and IF it's A, who is in competition with swfc for it's use? 

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1 minute ago, Sonny said:

‘Having certainty of access to the only viable location to fulfill home fixtures is not of huge value to a football club’

 

:carlosswfc:

lane?

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4 minutes ago, dnhc said:

you're NOT in charge, HE IS,  it's his money, his ground, his club.

you have no idea what finances the NEXT owners of this club will have, just as I do not.

what you haven't taken into account in the latter part of your post is the everyday cost of running the club over several seasons whilst keeping this main asset of yours (that's virtually worth very little in the real world) would spend his money on wages and (elderly) players needing replacing, whilst having to sell reach, bannan, ff etc to satisfy ffp this time around.

he's making what appears the only sensible move for him, YES it's a gamble, but it's his club, his money, and gambling is his choice.

Sensible in your eyes not mine. No other chairman has ever felt the need to sell the ground and no other chairman has got us into such a large amount of debt. I think the jury is very much out on DCs financial running of this club. I do not doubt his passion or his commitment just his lack of understanding of the financial side of running a football club. These kind of debts are not sustainable. Where do we go next if after selling the ground we still dont achieve promotion.

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