New Stadium Plans - The Triangle - Planning

Royalstandard74 said:

Indeed, out of interest what is a peterborough?

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A collection of people who have delusions of grandeur and how good their organisation is.

BicesterU said:

Do they? That’s good to know - thought Wembley trains were only form Oxford Parkway. Cheers

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The train to Marylebone station stopping at wembley is starting from Oxford park way because ironically Oxford station isn't big enough to take the size of train. Obviously Chiltern railway consultant with Steve hill before making this decision

At the annual meeting on Thursday KIdlington Parish Councillors voted through councillor Wards delaying motion and the objection letter from the council, against the stadium. Of course anyone who zoomed in would not have been able to hear what was going on as the sound (again) failed.

The people of Kidlington are being short changed again.

Anyway despite the Green Party, we will be enjoying a BBQ today to celebrate the signing of the lease. Another BBQ next week to celebrate promotion ( I hope) COYY.

Has Layla tweeted anything yet?

Dillon said:

At the annual meeting on Thursday KIdlington Parish Councillors voted through councillor Wards delaying motion and the objection letter from the council, against the stadium. Of course anyone who zoomed in would not have been able to hear what was going on as the sound (again) failed.

The people of Kidlington are being short changed again.

Anyway despite the Green Party, we will be enjoying a BBQ today to celebrate the signing of the lease. Another BBQ next week to celebrate promotion ( I hope) COYY.

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You could have been someone, KPC, you could have been a contender …

Hopefully their views will soon be as irrelevant as FOSB’s by 21 June.

OX14 said:

Nearly 3,000 comments removed from Oxford United stadium application

Around 2,900 comments submitted to the planning application for Oxford United's proposed stadium have been temporarily removed by Cherwell District…

www.oxfordmail.co.uk

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a sensationalist non story- Again .from OM

cdc (finally) not leaving peoples details on public display hence temporary removal

what a silly Folker the 'writer' is

Sarge said:

a sensationalist non story- Again .from OM

cdc (finally) not leaving peoples details on public display hence temporary removal

what a silly Folker the 'writer' is

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Is that because of the (claim by FOSB) fake hate letter sent to an OUFC fan?

If there was any more proof that letter was real it's CDC temporary removing comments.

Isn't this an old story where comments were being taken down in order for address details to be redacted? Thought this is agreed in light of the original letter being sent.

on a personal note as a Kidlington resident, please remember the views of KPC are not shared by residents of the village as a whole.

Many of us want the stadium and see the benefits of the stadium. It's fair to say residents don't want any old rubbish built (eg the Kassam Stadium 2) and that's fair enough. Many of the concerns come from the position of "I visited the Kassam Stadium once and hated it" (Conversations also include raving about beautiful football grounds around the UK)

The members of KPC are collection of individuals with their own agenda.

I can't wait to share my home with Oxford United

theWizard said:

on a personal note as a Kidlington resident, please remember the views of KPC are not shared by residents of the village as a whole.

Many of us want the stadium and see the benefits of the stadium. It's fair to say residents don't want any old rubbish built (eg the Kassam Stadium 2) and that's fair enough. Many of the concerns come from the position of "I visited the Kassam Stadium once and hated it" (Conversations also include raving about beautiful football grounds around the UK)

The members of KPC are collection of individuals with their own agenda.

I can't wait to share my home with Oxford United

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Excellent! What time does the pre-match buffet open and have you got a decent wine cellar? You will provide valet parking, one presumes?

Have you been to the Bull?

The Horse has a half decent microwave.

and the Lion is available as a third option if you like less atmosphere than a graveyard

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I all seriousness, I really looking forward to the shops, bars and restaurants upping their game to meet the new investment in the area

Sarge said:

a sensationalist non story- Again .from OM

cdc (finally) not leaving peoples details on public display hence temporary removal

what a silly Folker the 'writer' is

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And predictably in the news section whilst the Lease agreement is in the sport section.

Marked Ox said:

And predictably in the news section whilst the Lease agreement is in the sport section.

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would expect nothing less from that yank-owned, clickbait generating, so called 'local' rag

editorial/ news section seems to be controlled by a few based in North Oxford

Got the train back from London this morning into Parkway and it had 7 carriages please don't tell Steve Hill that because according to him Parkway can't deal with that many carriages.

theWizard said:

on a personal note as a Kidlington resident, please remember the views of KPC are not shared by residents of the village as a whole.

Many of us want the stadium and see the benefits of the stadium. It's fair to say residents don't want any old rubbish built (eg the Kassam Stadium 2) and that's fair enough. Many of the concerns come from the position of "I visited the Kassam Stadium once and hated it" (Conversations also include raving about beautiful football grounds around the UK)

The members of KPC are collection of individuals with their own agenda.

I can't wait to share my home with Oxford United

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On the 2nd May Kidlington east and west voted for two district candidates who are both anti stadium. They now represent Kidlington residents on CDC.

Just got round to reading the OxVox update. Great to hear that the terms of the lease protect OUFC’s interest. However, this section caught my interest:

The lease is currently on a five year option (the club has five years to activate the lease, assuming planning is given). The lease will secure the stadium for 250 years solely for the use of Oxford United to play football. The club can also not be ‘priced out’ of playing at the ground. While the club have no intention of charging a rent, this is an important protection we asked to be included as we want the club to be secure for future generations and under any potential new owners. In fact the plan is for the hotel and conference facilities and revenue from the stadium to pay the loans taken out and to provide a trickle down system that feeds any excess straight back into the club.

At risk of sounding like a broken record, I am again struck by the curiosity, bordering on concern, of what exactly the owners are getting out of this enormous investment. Presumably, given the reference to loans, the stadium will be largely debt funded. This leads to two possibilities (or a mix of both):

1) The loans are being made my third parties (banks or some other service). I would presume that the owners (either personally or through corporate entities) are guaranteeing these loans. If all of the revenue, as far as I can see, generated by the site will be going to interest repayments, what’s in it for the owners? If they’re on the hook for a huge amount of capital should the club default, they’re putting themselves in a position of significant risk for very little return, if any. I do not understand the commercial thinking behind that from their perspective.

2) The loans are being given by the owners, or corporate entities controlled by them, directly. This would perhaps make slightly more sense, as a generous interest rate would see good ROI, but again puts the club at some risk should it default (not least because, the more generous the interest rate to the owners, the worse for OUFC). What would the terms of such a default be? Presumably the owners would take direct ownership of the property and stadium - which, despite the reassurances above, would put us in the same position.

I’m perhaps mixing up the loans here - I would imagine the loans providing the funds for construction of the stadium and the loan of the land itself are distinct - but I do feel like, as good as this news is, we should continue to be vigilant about understanding the precise terms under which this stadium and land are being funded. I still don’t understand the commercial motivation for our owners, which is causing me concern. They’re too canny to benevolently throw away £150m. While this is obviously excellent news in the main, I hope those in a position to do so continue to ask the right questions to ensure our club is protected.