Scotchegg
Well-known member
- Joined
- 14 Dec 2017
- Messages
- 14,014
I'll try to explain the deal to the best of my knowledge.
The ground will be owned by a holding company, but will have a long term (50 years or more) lease agreement with a peppercorn rent.
All football related revenue will be kept by the club and used to offset financial fair play rules. This will include ticket sales, sponsorship, on site food and drink sales, corporate packages etc. So not only do we gain from greater footfall and income streams but we also save paying out on rent and service charges.
All additional businesses and facilities, and non-matchday revenue will help offset the cost of the development and then eventually give the owners an income, meaning that the club/development effectively pays for itself.
Additional protective measures will be in place to ensure that the club can't suddenly become homeless or face a huge increase in rental costs.
Now I appreciate that I can't have a view without having copied it from others so obviously none of this is to be believed, but it is what it is!
The ground will be owned by a holding company, but will have a long term (50 years or more) lease agreement with a peppercorn rent.
All football related revenue will be kept by the club and used to offset financial fair play rules. This will include ticket sales, sponsorship, on site food and drink sales, corporate packages etc. So not only do we gain from greater footfall and income streams but we also save paying out on rent and service charges.
All additional businesses and facilities, and non-matchday revenue will help offset the cost of the development and then eventually give the owners an income, meaning that the club/development effectively pays for itself.
Additional protective measures will be in place to ensure that the club can't suddenly become homeless or face a huge increase in rental costs.
Now I appreciate that I can't have a view without having copied it from others so obviously none of this is to be believed, but it is what it is!
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