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Post by whing4england (banned) on Apr 17, 2012 19:41:22 GMT
Wouldn't mind a new 1?
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Post by Deleted on Apr 17, 2012 19:42:02 GMT
Yeah the county ground is looking a bit rundown, no wonder you want a new one.
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Post by whing4england (banned) on Apr 17, 2012 19:43:02 GMT
I support Oxford.
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Post by Lone Gunman on Apr 17, 2012 20:51:31 GMT
This guy has to hold the record for the most threads started in the shortest time.
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Post by oufc4life123 on Apr 18, 2012 14:06:37 GMT
I don't even think there is room in Oxford to actually build a new stadium, and why would we need a new one? It just need a 4th stand. If we wanted to go build one of our own it would be smaller that the Kassam. Can't believe he hasnt been banned yet?-__-
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Post by mintyshoe on Apr 19, 2012 16:32:11 GMT
The issue with the Kassam is Mr Kassam's unwavering valuation at £13m which is a fair whack more than it is valued at...hence it makes any purchase decision difficult to be financially viable - how would this shortfall be made up? Potentially the club entertaining the idea of a new stadium could encourage Kassam to come down on valuation, afterall it's fairly worthless without OUFC's rent and general custom. What I would say in it's favour is that the Quadrangle could offer a decent financial package through corporate activities - definitely much more so than most/all other clubs in this league (?)
A strong possibility from my perspective would be to build a new stadium around the Oxford Rd/Roman Way area where the club currently trains. (Might be greenbelt?). I am admittedly living in dreamland, but imagine a sparkling new stadium, sponsored by Mini, with a high quality youth/training complex right next door...
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Post by malcolmnl on Apr 19, 2012 17:32:53 GMT
That sounds good! Probably dreamland but good. I wouldn't mind it happening.
Sent from my GT-I9100
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Post by Deleted on Apr 19, 2012 19:06:01 GMT
IF we were to build a new stadium we would still have to pay up the remainder of the lease. Something that has been said on here countless times. So a non-starter at the moment.
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Post by scoob on Apr 19, 2012 21:53:00 GMT
The club has a long term lease agreement on the ground and will have to pay rent whether they are there or not so I am afraid that it is pie in the sky for that and many other reasons.
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Post by junior1 on Apr 19, 2012 23:19:57 GMT
How long is long term...
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Post by outsidethebox on Apr 20, 2012 9:40:07 GMT
I thought the lease was for 25 years. I don't know if it is from 2001 (opening of stadium) or 2006 (WPL takeover). If it's the latter then thats 19 years to run.
What will happen as the number of years left on the lease shortens? On expiry, will Kassam simply try to bulldoze the stadium and build houses or whatever?
What would happen if OUFC began the process of working with the Council to find a site for a new stadium and the Council made it clear to Kassam that planning permission would not be granted for anything other than a sports stadium at Grenoble Road? Didn't they play hardball with Pentith many years ago to avert a Judicial Review on Grenoble Road?
Who knows what strategies Kassam and WPL are employing at present. Kassam doesn't seem in any hurry to sell. He must have considered the long term possibilities. Or maybe he is seeing £ signs if we do reach the Championship in five years?
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Post by mintyshoe on Apr 20, 2012 15:56:48 GMT
Maybe the excess on the asking price is the present future value of this long term lease? If so, the valuation should be falling annually and the date of purchasing the stadium is thus fairly irrelevant within that time scale.
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Post by oxymoron on Apr 20, 2012 17:22:22 GMT
I thought the lease was for 25 years. I don't know if it is from 2001 (opening of stadium) or 2006 (WPL takeover). If it's the latter then thats 19 years to run. What will happen as the number of years left on the lease shortens? On expiry, will Kassam simply try to bulldoze the stadium and build houses or whatever? From memory, we actually have a licence agreement to use the stadium, rather than a lease, which is presumably why we don't have full access and use. The licence was re-signed in 2006 and lasts for 20 years but OUFC have the right to an automatic renewal upon expiry. I also recall that planning for the stadium includes a clause or possibly a pre-existing covenant on the land requires that the land can only be used for sport or recreational purposes, so I doubt that Oxford's housing shortage is going to be solved at Mincherry Farm. As I say, this is from memory; the best person to reply is occasional visitor to these boards "Snake" or even the now absent "Myles Frances".....
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Post by oxymoron on Apr 20, 2012 17:51:46 GMT
Perhaps the OP does not realise that in the 50 years prior to that nice Mr Cox persuading OCC to grant pemission, over 30 sites were investigated and a dozen planning applications were submitted for a new stadium.
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