Guest mkowl Posted June 22, 2019 Share Posted June 22, 2019 1 minute ago, prowl said: Sensible post. That's my interpretation on the very little we know. If it is the sale of the ground it will be a sale which provides income and presumably a lease back which will be an ongoing cost.Wwe don't know the cost of the leaseback but I don't think the EFL will accept less than a market 'rent' figure. It's effectively money now pay later if that's the case. We had better get our house in order in the breathing space this provides (If it is a sale and leasback of the ground) because we can only sell the ground once. Personally I'd rather we sold some players to sort out P & S but if we can't get enough for them this might be the only option. Yep can't argue with any of that Like your point that it buys time to get things on an even keel. Aside from player sales it will be a last chance saloon be nowt else to sell. And the EFL ain't going to be charitable Link to comment Share on other sites More sharing options...
OWLERTON GHOST Posted June 22, 2019 Share Posted June 22, 2019 2 hours ago, Sham67 said: Have you tried Delaware? She wore a brand New Jersey ....... . 4 Link to comment Share on other sites More sharing options...
Minton Posted June 22, 2019 Share Posted June 22, 2019 7 minutes ago, prowl said: Sensible post. That's my interpretation on the very little we know. If it is the sale of the ground it will be a sale which provides income and presumably a lease back which will be an ongoing cost.Wwe don't know the cost of the leaseback but I don't think the EFL will accept less than a market 'rent' figure. It's effectively money now pay later if that's the case. We had better get our house in order in the breathing space this provides (If it is a sale and leasback of the ground) because we can only sell the ground once. Personally I'd rather we sold some players to sort out P & S but if we can't get enough for them this might be the only option. The lease of the stadium would be between £1 (which is what Swansea pay in annual rent) and £1.5m(ish) which is what Coventry used to pay (and was the highest in the league I believe). It would depend on the length of the lease really, which would be long term, probably 99 years or something similar. Not exactly megabucks Link to comment Share on other sites More sharing options...
bigash_swfc Posted June 22, 2019 Share Posted June 22, 2019 8 hours ago, BIG D said: "Sell what stadium You'll do nuttin, you'll do nuttin!" Link to comment Share on other sites More sharing options...
cognacbarnowl Posted June 22, 2019 Share Posted June 22, 2019 11 minutes ago, OWLERTON GHOST said: She wore a brand New Jersey ....... . Yeah,but what did missy sip, dude ? Link to comment Share on other sites More sharing options...
Simaniac Owl Posted June 22, 2019 Share Posted June 22, 2019 8 hours ago, cazzaswfc said: Have they asked permission from Steve Gibson first? No. HE gave permission. 1 Link to comment Share on other sites More sharing options...
OWLERTON GHOST Posted June 22, 2019 Share Posted June 22, 2019 (edited) 6 minutes ago, cognacbarnowl said: Yeah,but what Missisippi dude ? You're just a "Pussycat" Coggy.... Edited June 22, 2019 by OWLERTON GHOST 1 Link to comment Share on other sites More sharing options...
pazowl55 Posted June 22, 2019 Share Posted June 22, 2019 1 hour ago, SallyCinnamon said: No one knows what’s going on. So let’s not pretend everything is rosy. True. But if no one knows what's going on then it isn't all doom and gloom either. Link to comment Share on other sites More sharing options...
darra Posted June 22, 2019 Share Posted June 22, 2019 unless the share flotation has an effect on P&S whats the point in doing it unless as said it's to do with the sale of the ground? Link to comment Share on other sites More sharing options...
Guest addedtime Posted June 22, 2019 Share Posted June 22, 2019 7 minutes ago, pazowl55 said: True. But if no one knows what's going on then it isn't all doom and gloom either. Shrodinger. Link to comment Share on other sites More sharing options...
Ever the pessimist Posted June 22, 2019 Share Posted June 22, 2019 (edited) . Edited June 22, 2019 by Ever the pessimist Link to comment Share on other sites More sharing options...
daleblue Posted June 22, 2019 Share Posted June 22, 2019 7 minutes ago, addedtime said: Shrodinger. As long as you have cats, all will be well. Link to comment Share on other sites More sharing options...
latemodelchild Posted June 22, 2019 Share Posted June 22, 2019 Schrodingers P and S balance sheet. It might be bad, it might be good. Nobody knows but everyone has a feeling about it. Personally I'm mildly concerned cos that's how I am over most things financial and Wednesday. Link to comment Share on other sites More sharing options...
Guest Ash76 Posted June 22, 2019 Share Posted June 22, 2019 1 hour ago, SallyCinnamon said: No one knows what’s going on. So let’s not pretend everything is rosy. You're right, this has been done to f*ck us over further Link to comment Share on other sites More sharing options...
Guest Ash76 Posted June 22, 2019 Share Posted June 22, 2019 2 hours ago, Groundhopping Owl said: For probably the clearest explanation you can get, Kieran Maguire's doing an interview on Radio Sheffield about it now. Really informative guy, if you use the BBC Sounds app you can rewind to the start of the interview. Is there a listen again link? Link to comment Share on other sites More sharing options...
prowl Posted June 22, 2019 Share Posted June 22, 2019 40 minutes ago, Minton said: The lease of the stadium would be between £1 (which is what Swansea pay in annual rent) and £1.5m(ish) which is what Coventry used to pay (and was the highest in the league I believe). It would depend on the length of the lease really, which would be long term, probably 99 years or something similar. Not exactly megabucks The EFL would not accept a peppercorn rent as a legitimate transaction. It would have to be at or about market rates to pass the smell test. There are lots of different ways to set up leases but if the rent didn't finance the buying cost warning bells would sound in the EFL. Say the gound is worth £20M and money can be borrowed at 5%, (made up figures) it would cost £1m to pay the interest on the money used to buy the ground. If the new owner set the rent at £100K, questions would be asked. If it was £1m or more it might be considered reasonable (ish). At the end of the day EFL aren't daft, you can probably get away with fudging the figures a bit but if you really take the P they are going to come down hard on you. Link to comment Share on other sites More sharing options...
OWLERTON GHOST Posted June 22, 2019 Share Posted June 22, 2019 25 minutes ago, addedtime said: Shrodinger. 17 minutes ago, daleblue said: As long as you have cats, all will be well. Best "Box" clever from now on in ..... 1 Link to comment Share on other sites More sharing options...
Bluesteel Posted June 22, 2019 Share Posted June 22, 2019 Whether it works for p&s. The removal of debt via creation of new shares can’t be a bad thing in isolation? Link to comment Share on other sites More sharing options...
Pulsar Posted June 22, 2019 Share Posted June 22, 2019 46 minutes ago, OWLERTON GHOST said: You're just a "Pussycat" Coggy.... I'll bet not many get that Ghost? I used to love that song and i hate country and western as a rule. Hollish group weren't they? I prefer this pop chat to all this financial guessing. 1 Link to comment Share on other sites More sharing options...
OWLERTON GHOST Posted June 22, 2019 Share Posted June 22, 2019 Just now, Pulsar said: I'll bet not many get that Ghost? I used to love that song and i hate country and western as a rule. Hollish group weren't they? I prefer this pop chat to all this financial guessing. Stick with me kid ... No point in hanging around with All The Young Dudes.... 2 Link to comment Share on other sites More sharing options...
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