|
Post by myles on Jul 4, 2014 15:32:38 GMT
The absolute key to the future is not whether the stadium gets bought and developed, but whether the ownership is tied to the club permanently. I'm afraid I just don't see Eales doing this out of the goodness of his heart (rather than pocketing any profits and revenues). And Eales is now the Chairman, so is the dominant owner. Why can't you see them buying the stadium, putting it under the club ownership, getting us promoted and then selling us on to someone else (at a profit for them both). The main reasons that this is the less likely scenario is that you can't guarantee promotion even if you chuck a lot of money at the squad (especially with FFP rules as they are now), and there would be no significant increase in the stadium value to justify such an investment. Now, if you were to sell off (parts of) the stadium and the land on which it sits to a local authority who are desperate for non-Green Belt land to build on, you can turn a bigger profit much more quickly. Risk Spangle is right. Eales and Co are here to make profit for themselves, not the football club. The statement on the website simply highlights what this deal is all about: property.
|
|
|
Post by horseman on Jul 4, 2014 15:34:44 GMT
well Lenegan cannot have controlling interest or else why stitch up the very man you stated was the right man after 9 weeks dithering.
Property Property Property= Money Money Money
Oufc just a means to an end yet again
|
|
|
Post by scotters on Jul 4, 2014 15:35:54 GMT
Don't think this is about turning a profit on the stadium land - certainly not in the short term. They'd be fools to buy into a loss-making football club up front without having their hands on the property already.
|
|
|
Post by ZeroTheHero on Jul 4, 2014 16:00:04 GMT
I'm still not sure about this. I must be thick.
You put significant investment into a League 2 football club who don't own their ground. Because you want to sell or develop the ground to make a profit by putting houses on it. The football club has a lease lasting another 15 years or so, the stadium has a RTB order on it. So the only realistic way you can do this is to build a new stadium elsewhere, move the club and knock the stadium down, after having either bought it (for an inflated value) or done a deal with the owner. Is that what it is supposed the plan is?
This relies on several things. Planning permission for a new stadium being granted (very far from a quick or easy process I'd have thought?), the owner of the current stadium wanting to sell (rather than developing the ground himself after we leave or just holding us to the lease for his yearly pound of flesh), the supporters trust being convinced to repeal the RTB or nobody else stepping up during the 6 month moratorium on a sale going through.
That seems a bit chancy. But let's say it happens. We've got a new stadium (presumably a better if a bit smaller one?) with two owners who seem to be keen on professional sport (IL and Eales) who have a nice wedge having just pulled off a spectacular land deal.
What is the worst scenario? That somehow the manager/owners sign deliberately crap players and try to kill the club? Surely if they did that, Kassam would then own the stadium without any hindrance to developing it himself? And their investment would be worth diddly squat?
Is that a summary of where we are? I'm just trying to understand what the sequence of events might be that has made someone so sure it's all going to work out that they are prepared to gamble six million quid plus (to start with)?
(Of course, Ashton looks dodgy from all reports and I guess we will soon see the intentions of the new owners by the pre-season signings they make.)
|
|
|
Post by uptheus on Jul 4, 2014 16:39:24 GMT
What is meant when the new board say "focus on new stadium development opportunity"?
|
|
|
Post by oufcyellows on Jul 4, 2014 16:44:04 GMT
What is meant when the new board say "focus on new stadium development opportunity"? I think reading between the lines it means they are going to focus on an opportunity to develop a new stadium !
|
|
|
Post by oufcyellows on Jul 4, 2014 16:47:29 GMT
Hopefully with a CEO in full time day to day running of the club the pr might be better with the fans , he seems to like his time in the limelight so could be easier to get information coming out of the club
|
|
|
Post by bazzer9461 on Jul 4, 2014 16:51:25 GMT
What is meant when the new board say "focus on new stadium development opportunity"? As zero says a planning process has to be followed including various consultant reports objections Cherwell district council then if that's all agreed, That could be a few years down the line and then the funding of the build, That's assuming IL and DE are still at OUFC.
|
|
|
Post by bazzer9461 on Jul 4, 2014 16:53:00 GMT
Hopefully with a CEO in full time day to day running of the club the pr might be better with the fans , he seems to like his time in the limelight so could be easier to get information coming out of the club That's another wage, How much will Ashton be on?
|
|
|
Post by oufcyellows on Jul 5, 2014 7:02:36 GMT
Stuart do also tweeting this morning
@stewartdonald3: Oxford mail article wrong! Charlie Methven bid was not conditional on stadium!!! The price just went up 8 million!!! Get facts right!!
Then goes on to say @stewartdonald3: Like what Eales says he comes across well to me. OUFC could be in for a lift great stuff!
|
|
|
Post by Deleted on Jul 5, 2014 7:37:56 GMT
Eales is the one running the club on a day to day basis. Ashton is the one with what looks like history. I just hope there are no regrets. I am optimistic as money has come into the club. Getting rid of Waddock is costing money and I can't see why he was appointed after such deliberation only to be despatched in double quick time
|
|
|
Post by oufcyellows on Jul 5, 2014 8:57:35 GMT
Eales is the one running the club on a day to day basis. Ashton is the one with what looks like history. I just hope there are no regrets. I am optimistic as money has come into the club. Getting rid of Waddock is costing money and I can't see why he was appointed after such deliberation only to be despatched in double quick time It's eales with the money. Ashton will be CEO with day to day running . Eales said he has no experience and hope to learn of Ashton and get info from lenagan too. Can see Ashton leaving in the future when eales thinks he more capable of doing it him self
|
|
|
Post by rickspangle on Jul 5, 2014 10:03:06 GMT
What is meant when the new board say "focus on new stadium development opportunity"? I think reading between the lines it means they are going to focus on an opportunity to develop a new stadium ! Or, new opportunities to develop the existing stadium?
|
|