Potential New Ground

[Junior_1]

Someone’s had their knuckles wrapped....

 

[LondonRoader]

With regard to the announcement, this is based on the fact that the Directors/ NMcM has made clear that the current arrangement doesnt work and the club have clearly been looking at hee sites for a new stadium (I am assuming that you dont disagree with any of that).
You are right that the Kassam has never been fully rejected.
If the announcement is just for a 4th stand, this will be a huge disappointment I would think.

With regard to Zaki's comment, which rumours do you think have contributed to his comments?
The only new rumour I have read is the one regarding oufc having the stadium rent free.
Kassam may be irritated by this if it is a possibility and may have fed this back to Zaki. Or do you have a different view?

I agree that the club did have a view on the licence when they had cash flow problems, I haven't heard recently if that still was the case, as for the club announcement that they are looking at sites I'm not so sure.
Zaki only has to read this site to see certain peoples opinions on how they think "the stadium progress" is coming along, there are threads on many different things connected to a new stadium, as a contributor to these threads you should know.
That's the second reference to FK, I can't see why he would worry.

 

[horseman]

Told you, FK retains the land we buy & improve the ground rent free and get all the income.

am i missing something here, FK keeps the land but we buy the ground but what happens when/should he decide to sell the land? surely if we bought the ground that's all ties with the Landlord needing to be over for good. that sounds like a future "get off my land" scenario

if FK wanted to umm release the ground why not the whole shooting match

 

[horseman]

My thoughts remain the same, but there are only so many times you can share a view with others demanding proof, which would never happen under commercial sensitivities. I'll respect the view of the club not to fuel ongoing rumours and won't comment further, but my views remain on record and nothing has happened to change them.

Exactly so nothing to see here

 

[OX14]

I've been told by a reliable source that the club have squashed the plan of building a new stadium and both the club and fk are agreeing a new lease that benefits us more as a club, the way I understand is the lease will be similar to the training ground where we don't own it on paper, but will have all the costs to run which we can offset with ticket sales, catering, conference centre. You may ask why would fk agree to this? Fk does not make any money by us playing at the stadium and he is going to have to spend some money on the stadium in the next few years.

 

[Foley]

I agree that the club did have a view on the licence when they had cash flow problems, I haven't heard recently if that still was the case, as for the club announcement that they are looking at sites I'm not so sure.
Zaki only has to read this site to see certain peoples opinions on how they think "the stadium progress" is coming along, there are threads on many different things connected to a new stadium, as a contributor to these threads you should know.
That's the second reference to FK, I can't see why he would worry.

The reference to FK is that the only NEW rumour I have read in the past 2 months on here is relating to a total change in the potential agreement with FK on the current ground.
With regard to the rumours on anew site, these rumours have been here for ages and have been discussed in detail ( sure a lot like my comments are reading through the lines as I am not remotely ITK)
So Zaki's comments in my view either relate to rumours on Facebook/ Twitter which have yet to reach this site or are relation to FK and the current stadium.
I have read nothing else new which Zaki would be responding to?

 

[horseman]

I've been told by a reliable source that the club have squashed the plan of building a new stadium and both the club and fk are agreeing a new lease that benefits us more as a club, the way I understand is the lease will be similar to the training ground where we don't own it on paper, but will have all the costs to run which we can offset with ticket sales, catering, conference centre. You may ask why would fk agree to this? Fk does not make any money by us playing at the stadium and he is going to have to spend some money on the stadium in the next few years.

i guess that's an option but FK faces no immediate outlay on the stadium for some 5 years minimum and even that depends on what's written into the current deal ?

 

[Essexyellows]

am i missing something here, FK keeps the land but we buy the ground but what happens when/should he decide to sell the land? surely if we bought the ground that's all ties with the Landlord needing to be over for good. that sounds like a future "get off my land" scenario

if FK wanted to umm release the ground why not the whole shooting match

The land has the long term value. What is on it is moot point.
As the ground has some protection from the Council and its Community status he can`t be to swift pulling the rug from under it.
That creates the breathing space of a gradual release from the currently onerous "Ts & C`s" to a new, better , and possibly, shorter lease.
Then the Club can do the new ground bit........
Been saying it for a long time but we aren`t moving anytime soon and the lease is still ticking away.

 

[LondonRoader]

The reference to FK is that the only NEW rumour I have read in the past 2 months on here is relating to a total change in the potential agreement with FK on the current ground.
With regard to the rumours on anew site, these rumours have been here for ages and have been discussed in detail ( sure a lot like my comments are reading through the lines as I am not remotely ITK)
So Zaki's comments in my view either relate to rumours on Facebook/ Twitter which have yet to reach this site or are relation to FK and the current stadium.
I have read nothing else new which Zaki would be responding to?

Ah, you have me at a disadvantage, I rarely do twitter and I’m selective if I do, and Facebook is a definite no no for me, crikey I must be missing loads of rumours floating about out there, oh well I thought this was the place for “facts”, it was when we have posters who tell us that.

 

[warksox]

Fk does not make any money by us playing at the stadium

The latest accounts show he (Firoka) made an operating profit on the stadium of £529K. If you look back over previous years, £0.5 m is about the average.
Over a 25 year lease that would be about £13mil. Why would FK forego that sort of income without something in return?

FIROKA (OXFORD UNITED STADIUM) LIMITED filing history - Find and update company information - GOV.UK

FIROKA (OXFORD UNITED STADIUM) LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

beta.companieshouse.gov.uk

 

[ZeroTheHero]

Why would FK forego that sort of income without something in return?

Because good old Uncle K is the 'guardian of the club' and the milk of human kindness flows through his veins.

Possibly.

 

[Gary Baldi]

The latest accounts show he (Firoka) made an operating profit on the stadium of £529K. If you look back over previous years, £0.5 m is about the average.
Over a 25 year lease that would be about £13mil. Why would FK forego that sort of income without something in return?

FIROKA (OXFORD UNITED STADIUM) LIMITED filing history - Find and update company information - GOV.UK

FIROKA (OXFORD UNITED STADIUM) LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

beta.companieshouse.gov.uk

I suppose one upcoming issue will be natural deterioration of the stadium and the cost to make it right. Does the Stadco have the cash flow to pay for it? By letting the stadium go as such, they are removed from the risk and cost of paying for it.

A hypothetical

 

[Foley]

Ah, you have me at a disadvantage, I rarely do twitter and I’m selective if I do, and Facebook is a definite no no for me, crikey I must be missing loads of rumours floating about out there, oh well I thought this was the place for “facts”, it was when we have posters who tell us that.

I dont do twitter or facebook.
I am speculating as to why NOW Zaki has raised this issue.
Can you think of any other reason than it is a FK current stadium issue or there are rumours we are not aware of here?
Something has been said recently. On here the only new rumour is the Kassam stadium one.
What do you think Zaki could be concerned about?

 

[ZeroTheHero]

Quite amusing a tweet basically saying 'ignore the speculation' has actually caused more speculation on here than was happening before!

 

[OX14]

The latest accounts show he (Firoka) made an operating profit on the stadium of £529K. If you look back over previous years, £0.5 m is about the average.
Over a 25 year lease that would be about £13mil. Why would FK forego that sort of income without something in return?

FIROKA (OXFORD UNITED STADIUM) LIMITED filing history - Find and update company information - GOV.UK

FIROKA (OXFORD UNITED STADIUM) LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity

beta.companieshouse.gov.uk

Can't answer that. It's only something I've heard from a reliable source. We will see what happens.

 

[Gary Baldi]

Quite amusing a tweet basically saying 'ignore the speculation' has actually caused more speculation on here than was happening before!

I wasn't the only one to think, what speculation? Am I missing something?

 

[Manorlounger]

Quite amusing a tweet basically saying 'ignore the speculation' has actually caused more speculation on here than was happening before!

Was just thinking the same thing. Why would Zaki even bother? And on a social media platform? Makes no sense at all to me.

 

[OX14]

Quite amusing a tweet basically saying 'ignore the speculation' has actually caused more speculation on here than was happening before!

I wish they would just come out and say which route they are going down. Obviously they can't go in to details but it would stop all the speculation.

 

[Pompeyyellows]

Maybe someone does know something and Zaki and the board are worried that it might get out, so they are getting in there 1st

 

[OX14]

Maybe someone does know something and Zaki and the board are worried that it might get out, so they are getting in there 1st

Nothing can be hidden anymore, we're not back in the 80's anymore. Social media and everything like planning applications being online there is no hiding. They just need to come out and say something to stop the speculation.