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“I have had a few meetings with them, but my message to them is to drop the arbitration and pay what I am owed" this sums FK up really. The whole point of arbitration is to reach a reasonable compromise. FK is clearly saying that unless he gets everything he wants he will play hard ball. The relationship is evidently at an all time low, and I think Mr K is starting to genuinely worry that we might go elsewhere and his cash cow will dry up.
 
Sweet irony isn't it? The tenants pay a lot of money to rectify something he broke and won't fix, then the owner has the gall to charge them to train on it. The fact we are keeping money out his pocket has made me smile a little this morning. He must be so irate! :D

Apply the above to the entire stadium and you can see why it’s was finally challenged.

I like that we are calling FK out...if we have a legitimate plan B to worry FK is another question!

Certainly seems like things have come to a head, in public anyway
 
Apply the above to the entire stadium and you can see why it’s was finally challenged.

I like that we are calling FK out...if we have a legitimate plan B to worry FK is another question!

Certainly seems like things have come to a head, in public anyway
I like that FK is getting the brunt of his attitude back at him. I can well imagine his companies are terrible payers and are chasing you weeks before an invoice is paid, asking for the money now. The "custodian" of a club would de-escalate the conflict and worked out a deal months ago. Him pouting about "muh munney" like a broke man highlights it and his intransigence. Having volunteered somewhere, it was a nice feeling to inflict intransigence back on someone who has famous for it - and they didn't like it one bit :)

It being in public is a bit of a shame, but I suppose when either side are at far poles, it doesn't do much harm.
 
I do wonder what respect he has in the business circles he moves in. Being a ruthless businessman has its benefits, but after awhile once enough sh*t sticks people start to steer clear. I wonder how many people he has cheated and screwed over over the years. I do hope his reputation has killed a few deals for him.
 
I have no real knowledge of the situation beyond what is and has been played out in public - but from an outsider perspective that is as rattled and annoyed an interview as I can recall reading with Overlord Ka$$am.

Whether that will work out to be beneficial or detrimental for the club is up for debate - but I think it’s clear that the statements coming out of Saturday morning’s forum have rattled FK in ways rarely seen during our time with his custodial boot on our throats...
 
Did I read a while back the FK was going to try and defer th issue about the upkeep of the Priory? If so OCC take him on make it difficult for him like he is for OUFC,
 
Who would You put your faith in Tiger or Kassam when trying to work out who is telling the truth. For me it would have to be Tiger as he has no history with Kassam and the previous owners of the club can’t all be wrong
 
Let's be clear about one thing. The Licence Agreement was not signed by anyone other than Firoz Kassam and Ashwini Tawakley who signed the Licence for both Firoka AND the Club as at the time it was created by FK he was the owner of both. Those to whom he subsequently sold the club were presented with a fait accompli.

Correct. Don’t go blaming the owners of the club who took over from Kassam. There is only one person who is responsible and we all know who that is.
 
Correct. Don’t go blaming the owners of the club who took over from Kassam. There is only one person who is responsible and we all know who that is.
Well I think you can still say that Merry and Lenagan did a bad deal. They were negotiating to buy the club from Kassam in early 2006. As Kassam owned the club and the stadium at that point he could amend / nullify the licence agreement as he choose in order to facilitate the sale of the club.
If the licence agreement was already in place at that stage they should have negotiated better terms to get it removed before completing the purchase.
I understand - from an anecdotal conversation with someone who works at the club that the service charge includes items such as paying for the lighting in the car park, not just on OUFC match days but on the other 320 odd days of the year when it's only being used by cinema / bowlplex / restaurant customers, so OUFC (Eales and now Tiger) are totally right to be questioning these charges where they're not relevant to the football club's use of the stadium.
I have nothing more to add about Kassam - but with the benefit of hind sight and looking at where AFC Wimbledon are now I increasingly wish we had started a phoenix club back in 1999/2000 as we would probably be in at least this division by now and in a much better situation with regards to the ground.
Either way, let's not hide the fact that Merry's deal on behalf of Woodstock Partners was totally inept and haunts us (IL, Jim Smith, Eales and Tiger) to this day.
 
My worry now is the whole club has gone 'Toxic' it is all coming to a head, if we get out of this and stay in league one I will be surprised...
Some of the stuff coming out from Robinson is beggars belief, he seems to be embroiled in all the stadium stuff and not concentrating on the job in hand and using it as an excuse for his short comings..
All this shooting from the hip / wearing heart on the sleeve stuff is in my opinion becoming tiresome and a little unprofessional, got to having an effect on the players that i'm sure. Loud mouth, arms waving will not work in the long term...

Appleton would turn this side around that I'm sure of as they look decent side on paper, not that Appleton is the man as he wants Champ/PREM but someone could..

I will give him until Plymouth, god knows why but if we cannot turn them over! KR and the assistant OUT!
 
According to the forum, the rent including the service charge has gone up to almost £1m per annum.

Now K*$$*m stated that in the OxMail article that the rent is £300k per annum + service charges on top. According to the latest financial statements for FIROKA (OXFORD UNITED STADIUM) LIMITED, OUFC owes £600k for the period 2015-2017. So £200k per annum...

Based on this, annual rent + service charge is around £500k. Where has the £1m annual figure Tiger quotes come from? Kind of a significant amount.
 
According to the forum, the rent including the service charge has gone up to almost £1m per annum.

Now K*$$*m stated that in the OxMail article that the rent is £300k per annum + service charges on top. According to the latest financial statements for FIROKA (OXFORD UNITED STADIUM) LIMITED, OUFC owes £600k for the period 2015-2017. So £200k per annum...

Based on this, annual rent + service charge is around £500k. Where has the £1m annual figure Tiger quotes come from? Kind of a significant amount.

The inference "The club owe £600k for the period 2015-2017, therefore the rent+service charge is £200k per annum" is not correct. The club may have payed some, even most, of the amount due for that period, withholding only a portion.
 
The inference "The club owe £600k for the period 2015-2017, therefore the rent+service charge is £200k per annum" is not correct. The club may have payed some, even most, of the amount due for that period, withholding only a portion.

True. But for us to be paying £1m per annum (as Tiger stated on record) then the rent portion would be £300k + £700k for service fees. That doesn't seem right either?
 
True. But for us to be paying £1m per annum (as Tiger stated on record) then the rent portion would be £300k + £700k for service fees. That doesn't seem right either?

And this million figure isn’t that the same figure that caused Coventry to ground share.
 
Maybe Tiger was inferring that it is going to take a Mill to get things working again with FK, or maybe FK has said personally to him in a meeting that if you do not pay he's going to hike due to a default clause in the contract?
 
According to the forum, the rent including the service charge has gone up to almost £1m per annum.

Now K*$$*m stated that in the OxMail article that the rent is £300k per annum + service charges on top. According to the latest financial statements for FIROKA (OXFORD UNITED STADIUM) LIMITED, OUFC owes £600k for the period 2015-2017. So £200k per annum...

Based on this, annual rent + service charge is around £500k. Where has the £1m annual figure Tiger quotes come from? Kind of a significant amount.

Maybe, and i know this would be not at all like Tiger, who is the king of the understatement, but maybe its a slight exagerration.
 
Is the problem with all this though not that, as frustrating and unfair as we/the owner of OUFC finds it, if the contract between the StadCo and the football club dictates the payment of certain charges, and those charges are outlined in that contract, the club is obliged to pay them? Eales objecting to the club paying for things it doesn’t use, as was suggested earlier, is understandable, but if the club is contractually obliged to pay them there’s not much that can be done. The principles of contract law in this country are pretty clear: the courts will void a contract if one of the parties has been dishonest or made a misrepresentation, for example, but it’s not the court’s responsibility to step in to save a party from a bad deal. That seems to be what’s happened here. Perhaps the club are trying to argue the former, hence the arbitration?
 
“I have had a few meetings with them, but my message to them is to drop the arbitration and pay what I am owed" this sums FK up really. The whole point of arbitration is to reach a reasonable compromise. FK is clearly saying that unless he gets everything he wants he will play hard ball. The relationship is evidently at an all time low, and I think Mr K is starting to genuinely worry that we might go elsewhere and his cash cow will dry up.

As long as he owns the area where the stadium is built and the surroundings and there is a crippling lack of housing then his cash cow will never dry up, more's the pity.
 
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