OX14
Well-known member
- Joined
- 11 Aug 2019
- Messages
- 8,197
Nnngh! You wrote "The investors have said that the retail units, flats, houses, hotels will be payed for and owned by them. This will offset the cost to build a stadium and be gifted to the club. "
This thread has been the most ostentatious effusion of speculative fart on any football forum in the known universe ever, most of which has been empty-headed optimism warmed gently over a cauldron of hope and consumed with the sweetest candy-floss. Perhaps it was the notion of the investors making a gift*, although that's not the least realistic hope expressed it inspired a vision of Hans Geisecke (whatever) saving squirrels from under the wheels of municipal vehicles, or Zaki Nuseibah (ditto) saving butterflies from being broken on a wheel. So sorry for that, but you essentially said they'd walk away and I said they won't.
The best that can happen in this most Voltairean of all possible worlds, is that they link the club entity with the hotel-owning, ground-owning, money-making entity in some perpetual(ish) manner that the club benefits from the erm synergies even should they (the investors) lose interest in their train set footy team as they (investors) mostly do.
Will that do?
* "Gift" means to give up any right, title or interest in a thing, including any right to benefit from it in any way.
There is zero chance that the club will own or get any extra revenue from the other retail,leisure facilities on the site. The only way that would happen is if only the board members paid for the whole lot and while still members they could use profit to run and improve the club. This is what was suppose to happen when kassam took us over and said he would take us on a journey and we all know how that ended. This time round its different the board have invested in the club including training ground, players. It's my understanding from a source in the know that there will be more investors who are not even on the board involved in the funding for this. Aslong as we come out of it with the stadium as one of are assets and not owned by anyone else then I don't see no problem with this.