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OxVox update

Steve Gilbert

Active member
Joined
13 Jul 2019
Messages
235
I hope OxVox don't mind me posting this update, given how bored we all are it might be good for people to get some update on the club.

It sounds like the losses were expected with certain debts paid up like DE paid now. Worrying that the club will stand to make losses of £3.5 million per year under the current model and that is in league 1.

On the stadium it seems that the preferred option is to still rent the Kassam Stadium but on a new, improved lease deal. I personally think buying the stadium off the Kassam is the best option but that is all down to his value and whether he is willing to sell the thing. Without knowing the figures of how much it would cost to build a whole new stadium or the cost of improvements it would need on the current stadium it is difficult to get a real idea of which option is better financially.

Update

Hi again everyone and welcome to the sharp end of the season!

One of our most important functions at OxVox is to keep an open dialogue with the club, our members, and key groups involved, to promote the continued success and sustainability of our club. It’s often not high profile or glamorous stuff but keeping an eye on the sustainable future of our club and keeping the connection between supporters and those who own and run the club is imperative.

Alongside the projects that have been running this year we have remained focused on the finances of the club and understanding the reasons for the winding up petitions and financial problems of last season, and seeking assurances that they would not happen again this year. We are all supporters on the committee and as liable as anyone to the frustrations and utter joy that the playing side can deliver. I was as disappointed as anyone to see the last days of the January transfer window play out as they did, but I also weighed that up against where we were last year, what I expected from the club and where I hoped we might get to.

So far this season has exceeded my expectations and seeing the likes of Browne and Holland in full flow, to add to the core of the team that is now coming back to full fitness, I am still confident that we can go on a run and really make this a season to remember. That being said, from an OxVox perspective we take more stock in how the foundations of the club are: financial stability, our academy, and facilities. Add in our reputation as a club and our identity in terms of the player recruitment model and our style of play. To us these things have steadily improved and continue to do so, with everyone from the board and the manager and coaching staff downwards working to move us forward.

We have spoken at length with Tiger and Zaki about these and many other issues, and while we are sometimes asked to keep information confidential, we will always push for as much transparency as possible with the fans. It is to their credit that they have responded with increased communication via local and social media in recent months. While we understand that a level of confidentiality is good business practice, we do press the club for a degree of openness in the area of finance as we feel it would help supporters to better understand the decisions being made.

On Tuesday before the Accrington game we met with Tim Davies the club’s finance director and put several questions to him with regards to finance, stability and funding moving forward. Tim was, as always, open and straight talking and is not one to sugar coat anything he tells us. Some of what was discussed must remain confidential as it involves legal agreements with other parties, but it is clear that a lot of work, and money, has gone into clearing historic debts at the club and building assets for us to move forward.

The monies owed to Darryl Eales have now been repaid and the club are in the process of having the charge over transfers removed from the accounts. This is a formality but may take a little time to be registered. We discussed annual losses and how that impacted on our spending. Given an increase in wage budget, we estimate that in the absence of cup runs and player sales, the club stands to lose around £3.5M a year on current trading. This is covered by the board and by profit from player sales, with cup runs and other playing success also playing their part. Clearly, discussions took place during January as to how to sustainably continue the promotion push. I’m sure as with all boards or committees there were a number of views on how that should be done but it was confirmed to us that throughout the transfer window, including the final day, genuine and sizeable offers were made for several players. It was also made clear that the board were genuinely pressing for promotion and that the added financial incentives in the Championship, meant that any suggestion they did not want it this year made no sense.

We expressed our opinion to Tim, as we have to Tiger and Zaki, that the club needs to continue its player recruitment model in the summer and contract fresh young talent to replace the ones who have left. We also discussed how our stadium licence fee impacted our overall spend, and while significant, it is a much smaller percentage of total outgoings than wages. We also spoke about the potential stadium solutions which we will cover later but overall the financial health of the club has improved significantly over the last year but that the previous year will have left the club with increased levels of debt. Major debts which have been settled or updated include the ‘inherited’ arbitration case, the purchase of the training ground lease and the work undertaken there, and other historic debts. We were also encouraged to see the hard work that has been done by Tim Davies, Niall McWilliams and the owner and board to improve the financial management and avoiding further winding up petitions and similar problems. We continue to press the club to avoid such problems in the future. The release of the accounts will of course allow us to gauge where we were in the previous year and we will follow up on those results in due course.

As supporters we all want exciting new signings and to hang on to the very best players we have, but being pragmatic and stepping back, we are also aware of how much it takes to keep our club running and stable and able to compete. I’m sure there were difficult decisions among the board about levels of investment in January, but it is fair to say that the financial situation has improved and the summer offers us a chance to build on an excellent squad and to continue the hard work of the recruitment team.

When discussing finance and stability the stadium situation is obviously an important factor. While often being built up to being the cure for all ills, which it is not, it is still vitally important to the club that we gain some control over our stadium situation and to maximise our potential. There has been a lot of speculation over the last few months and a fair amount of adding two and two and getting five. None of this is a problem but expectations for some seem to have been raised to the point where only a 40,000 seater stadium with free parking for all will do. OxVox have been working with the club and independently to assess the situation for a number of years and over the last year or so we have had meetings with Firoz Kassam, Members of Oxford City Council, planning consultants, architects and of course the Oxford United owners and board.

As it stands, our current licence agreement runs out in 2026. At that point we would have the option to extend the licence on the same terms. The stadium is also a designated sports area and the council have confirmed they would oppose any change to that without the club having a new ground approved and under way. While this guarantees us a home, we as an organisation feel that a simple extension of the licence we are on would continue to hold the club back and leave us playing catch up with many of the other clubs in the league.

OxVox historically have worked for a resolution to the stadium issue and we continue to do so but we also understand there is a wide range of opinion regarding the various options. Since joining OxVox I have always pressed for an open attitude towards the solution and we will continue to do so. The idea of a brand new stadium is very persuasive and as a fan I would love to press a button and make it happen but the reality is it would be an incredibly difficult process that would require a very significant level of funding just to get to the point of applying for planning permission. That is not to say these alternatives should not be investigated fully or pursued if viable, but there must be an understanding of how complicated and expensive this process is and the potential strain it could put on our football club. Our league alone is littered with examples of clubs that have been taken to the brink, or sadly beyond while spending beyond their means.

When we asked what it would take to have the board sanction the building of a new stadium some time ago we were told they would need a return on their investment. This is not surprising or indeed unreasonable when you consider potential costs starting at a minimum of £30m and moving up from there. Again it is absolutely the right thing in our eyes to investigate this option and have it as part of the negotiating plan but it is also important to be in dialogue with Firoka about our current ground and the nature of the licence we are in. If a deal can be made which brings the stadium under the club’s control and allows us to generate profit from the sales, functions and off season events, together with the West End being filled in, then it’s not unreasonable to think that far more revenue would be generated for the benefit of the club, even if the agreement is used to allow time to evaluate a move away or a purchase of the stadium further down the line.

OxVox have for a number of years been in discussions with Firoka about the possibility of a community buy out and that dialogue has continued in a very positive manner but at present that option seems unlikely.

In summary;

Potential new stadium
It is clear that work has been undertaken to investigate the potential of a new stadium and some good progress has been made. While OxVox continue to support that approach, it appears that some of the more optimistic predictions of timescale and intent of the board in the short term is misplaced. We have had assurances from the club that we will be kept in the loop with regards to any progress on that front.
Community purchase of the Kassam
OxVox will continue to pursue the option of a community buy out but it seems an unlikely prospect at present. That is not to say that this option may not become viable in the future, and we will continue to explore this possibility.
Sale of the stadium to the club
Given that Firoka appear reluctant at this time to sell to the community, it seems to us to be unlikely that they would consider that same offer from the club but again this option remains open for discussion in the future.

Ground share
It would of course be possible to attempt to organise a ground share arrangement with a local club.

While some may feel they wish to move at any cost, we feel this would be a dangerous step for the club to take in any other circumstance than a very short term period to bridge between moving from our present home to a new ground. It could fracture our support, lower our gates and potentially weaken our hand with the council. OxVox feel the club would be no better off financially and potentially in a far worse situation.

Renegotiation of licence
The possibility of a renegotiating the licence to allow the club control of the stadium and revenue would allow the club to profit from the success they have achieved. Potentially this could open the way to a temporary or permanent fourth stand, a club shop within the stadium, a supporters club and bar and the ability to make the stadium more of a home. OxVox would support a deal that improved the access, revenue, match day experience and overall value obtained from the stadium, provided it did not close off the possibility of any of the other options mentioned. We have said that if any such deal is negotiated, we would be keen to see it before it was agreed. Some of the key considerations are the length of the contract, release clauses, and the long term value to the club. Supporters of this club have had to bear the burden of onerous contracts they had no influence in before, and we would be fiercely opposed to letting it happen again.
Finally
Thank you for taking the time to read this rather wordy update and I hope it sheds some light on these issues. We will keep everybody informed if there are any new developments but on a very personal note, if you have any questions, suggestions or even challenges then come to us. Email us. Speak to us. We will be holding another stall at a home game in the coming weeks and we would love you to come along and speak to us in person. We also have our AGM at the stadium on Saturday the 18th of April before the Fleetwood game and we would love to see you all there. It is much easier for us to engage with people in person or one to one via email than it is to take to Twitter or the Forum and try to root out your points. We are all just fans and while we may differ in approach, I like to think we all just want what’s best for our club.

On that point I will sign off as I look forward to Saturday’s game with a loud and optimistic COYY !

Paul
Chair
OxVox
 

Foley

Well-known member
Joined
7 Dec 2017
Messages
4,987
Kassam seems to have indicated that he doesnt want to sell to The Community. Oxvox seem to be suggesting that it is highly unlikely that he will want to sell to 'the club's
So I guess that is the answer to those who suggest that the best thing to do is to buy the Kassam?
Without a willing seller it just wont happen.
 

Sarge

Well-known member
Joined
6 Dec 2017
Messages
24,569
If theres a 'right' time to buy the breeze block , now or in the next few weeks might be a good .... when a certain slum landlord is having a huge reduction in income ( from the hospitality industry) ? 🤔 🤔
 

Manorlounger

Well-known member
Joined
6 Dec 2017
Messages
2,494
If theres a 'right' time to buy the breeze block , now or in the next few weeks might be a good .... when a certain slum landlord is having a huge reduction in income ( from the hospitality industry) ? 🤔 🤔
But he doesn't @Sarge he gets paid by way of a licence, exactly the same as the club. They all bear his name (paying suitable homage to the great one) and all have to pay come rain or shine.
 

Sarge

Well-known member
Joined
6 Dec 2017
Messages
24,569
But he doesn't @Sarge he gets paid by way of a licence, exactly the same as the club. They all bear his name (paying suitable homage to the great one) and all have to pay come rain or shine.
ah ok... not at all surprised
 

Paul P

Active member
Joined
9 Dec 2017
Messages
369
Hi @Steve Gilbert

Posting the update is fine but we tend to like to give members first viewing to thank them for their support. We were already working on putting it on the website and offering a link here which will now try to do today. I think you may have omitted the opening paragraph which may help explain the timing and follow on questions more so we will make sure that is on the website for everyone.

With regards to the stadium we can only offer our opinion as things stand. We have certainly not given up on the community purchase option and I can't and won't put words in people's mouths, but it does seem to us an unlikely option at present. We will of course keep you updated if there is any news in that respect.
 

westyorkshireexile

Active member
Joined
14 Dec 2017
Messages
393
I hope OxVox don't mind me posting this update, given how bored we all are it might be good for people to get some update on the club.

It sounds like the losses were expected with certain debts paid up like DE paid now. Worrying that the club will stand to make losses of £3.5 million per year under the current model and that is in league 1.

On the stadium it seems that the preferred option is to still rent the Kassam Stadium but on a new, improved lease deal. I personally think buying the stadium off the Kassam is the best option but that is all down to his value and whether he is willing to sell the thing. Without knowing the figures of how much it would cost to build a whole new stadium or the cost of improvements it would need on the current stadium it is difficult to get a real idea of which option is better financially.

Update

Hi again everyone and welcome to the sharp end of the season!

One of our most important functions at OxVox is to keep an open dialogue with the club, our members, and key groups involved, to promote the continued success and sustainability of our club. It’s often not high profile or glamorous stuff but keeping an eye on the sustainable future of our club and keeping the connection between supporters and those who own and run the club is imperative.

Alongside the projects that have been running this year we have remained focused on the finances of the club and understanding the reasons for the winding up petitions and financial problems of last season, and seeking assurances that they would not happen again this year. We are all supporters on the committee and as liable as anyone to the frustrations and utter joy that the playing side can deliver. I was as disappointed as anyone to see the last days of the January transfer window play out as they did, but I also weighed that up against where we were last year, what I expected from the club and where I hoped we might get to.

So far this season has exceeded my expectations and seeing the likes of Browne and Holland in full flow, to add to the core of the team that is now coming back to full fitness, I am still confident that we can go on a run and really make this a season to remember. That being said, from an OxVox perspective we take more stock in how the foundations of the club are: financial stability, our academy, and facilities. Add in our reputation as a club and our identity in terms of the player recruitment model and our style of play. To us these things have steadily improved and continue to do so, with everyone from the board and the manager and coaching staff downwards working to move us forward.

We have spoken at length with Tiger and Zaki about these and many other issues, and while we are sometimes asked to keep information confidential, we will always push for as much transparency as possible with the fans. It is to their credit that they have responded with increased communication via local and social media in recent months. While we understand that a level of confidentiality is good business practice, we do press the club for a degree of openness in the area of finance as we feel it would help supporters to better understand the decisions being made.

On Tuesday before the Accrington game we met with Tim Davies the club’s finance director and put several questions to him with regards to finance, stability and funding moving forward. Tim was, as always, open and straight talking and is not one to sugar coat anything he tells us. Some of what was discussed must remain confidential as it involves legal agreements with other parties, but it is clear that a lot of work, and money, has gone into clearing historic debts at the club and building assets for us to move forward.

The monies owed to Darryl Eales have now been repaid and the club are in the process of having the charge over transfers removed from the accounts. This is a formality but may take a little time to be registered. We discussed annual losses and how that impacted on our spending. Given an increase in wage budget, we estimate that in the absence of cup runs and player sales, the club stands to lose around £3.5M a year on current trading. This is covered by the board and by profit from player sales, with cup runs and other playing success also playing their part. Clearly, discussions took place during January as to how to sustainably continue the promotion push. I’m sure as with all boards or committees there were a number of views on how that should be done but it was confirmed to us that throughout the transfer window, including the final day, genuine and sizeable offers were made for several players. It was also made clear that the board were genuinely pressing for promotion and that the added financial incentives in the Championship, meant that any suggestion they did not want it this year made no sense.

We expressed our opinion to Tim, as we have to Tiger and Zaki, that the club needs to continue its player recruitment model in the summer and contract fresh young talent to replace the ones who have left. We also discussed how our stadium licence fee impacted our overall spend, and while significant, it is a much smaller percentage of total outgoings than wages. We also spoke about the potential stadium solutions which we will cover later but overall the financial health of the club has improved significantly over the last year but that the previous year will have left the club with increased levels of debt. Major debts which have been settled or updated include the ‘inherited’ arbitration case, the purchase of the training ground lease and the work undertaken there, and other historic debts. We were also encouraged to see the hard work that has been done by Tim Davies, Niall McWilliams and the owner and board to improve the financial management and avoiding further winding up petitions and similar problems. We continue to press the club to avoid such problems in the future. The release of the accounts will of course allow us to gauge where we were in the previous year and we will follow up on those results in due course.

As supporters we all want exciting new signings and to hang on to the very best players we have, but being pragmatic and stepping back, we are also aware of how much it takes to keep our club running and stable and able to compete. I’m sure there were difficult decisions among the board about levels of investment in January, but it is fair to say that the financial situation has improved and the summer offers us a chance to build on an excellent squad and to continue the hard work of the recruitment team.

When discussing finance and stability the stadium situation is obviously an important factor. While often being built up to being the cure for all ills, which it is not, it is still vitally important to the club that we gain some control over our stadium situation and to maximise our potential. There has been a lot of speculation over the last few months and a fair amount of adding two and two and getting five. None of this is a problem but expectations for some seem to have been raised to the point where only a 40,000 seater stadium with free parking for all will do. OxVox have been working with the club and independently to assess the situation for a number of years and over the last year or so we have had meetings with Firoz Kassam, Members of Oxford City Council, planning consultants, architects and of course the Oxford United owners and board.

As it stands, our current licence agreement runs out in 2026. At that point we would have the option to extend the licence on the same terms. The stadium is also a designated sports area and the council have confirmed they would oppose any change to that without the club having a new ground approved and under way. While this guarantees us a home, we as an organisation feel that a simple extension of the licence we are on would continue to hold the club back and leave us playing catch up with many of the other clubs in the league.

OxVox historically have worked for a resolution to the stadium issue and we continue to do so but we also understand there is a wide range of opinion regarding the various options. Since joining OxVox I have always pressed for an open attitude towards the solution and we will continue to do so. The idea of a brand new stadium is very persuasive and as a fan I would love to press a button and make it happen but the reality is it would be an incredibly difficult process that would require a very significant level of funding just to get to the point of applying for planning permission. That is not to say these alternatives should not be investigated fully or pursued if viable, but there must be an understanding of how complicated and expensive this process is and the potential strain it could put on our football club. Our league alone is littered with examples of clubs that have been taken to the brink, or sadly beyond while spending beyond their means.

When we asked what it would take to have the board sanction the building of a new stadium some time ago we were told they would need a return on their investment. This is not surprising or indeed unreasonable when you consider potential costs starting at a minimum of £30m and moving up from there. Again it is absolutely the right thing in our eyes to investigate this option and have it as part of the negotiating plan but it is also important to be in dialogue with Firoka about our current ground and the nature of the licence we are in. If a deal can be made which brings the stadium under the club’s control and allows us to generate profit from the sales, functions and off season events, together with the West End being filled in, then it’s not unreasonable to think that far more revenue would be generated for the benefit of the club, even if the agreement is used to allow time to evaluate a move away or a purchase of the stadium further down the line.

OxVox have for a number of years been in discussions with Firoka about the possibility of a community buy out and that dialogue has continued in a very positive manner but at present that option seems unlikely.

In summary;

Potential new stadium
It is clear that work has been undertaken to investigate the potential of a new stadium and some good progress has been made. While OxVox continue to support that approach, it appears that some of the more optimistic predictions of timescale and intent of the board in the short term is misplaced. We have had assurances from the club that we will be kept in the loop with regards to any progress on that front.
Community purchase of the Kassam
OxVox will continue to pursue the option of a community buy out but it seems an unlikely prospect at present. That is not to say that this option may not become viable in the future, and we will continue to explore this possibility.
Sale of the stadium to the club
Given that Firoka appear reluctant at this time to sell to the community, it seems to us to be unlikely that they would consider that same offer from the club but again this option remains open for discussion in the future.

Ground share
It would of course be possible to attempt to organise a ground share arrangement with a local club.

While some may feel they wish to move at any cost, we feel this would be a dangerous step for the club to take in any other circumstance than a very short term period to bridge between moving from our present home to a new ground. It could fracture our support, lower our gates and potentially weaken our hand with the council. OxVox feel the club would be no better off financially and potentially in a far worse situation.

Renegotiation of licence
The possibility of a renegotiating the licence to allow the club control of the stadium and revenue would allow the club to profit from the success they have achieved. Potentially this could open the way to a temporary or permanent fourth stand, a club shop within the stadium, a supporters club and bar and the ability to make the stadium more of a home. OxVox would support a deal that improved the access, revenue, match day experience and overall value obtained from the stadium, provided it did not close off the possibility of any of the other options mentioned. We have said that if any such deal is negotiated, we would be keen to see it before it was agreed. Some of the key considerations are the length of the contract, release clauses, and the long term value to the club. Supporters of this club have had to bear the burden of onerous contracts they had no influence in before, and we would be fiercely opposed to letting it happen again.
Finally
Thank you for taking the time to read this rather wordy update and I hope it sheds some light on these issues. We will keep everybody informed if there are any new developments but on a very personal note, if you have any questions, suggestions or even challenges then come to us. Email us. Speak to us. We will be holding another stall at a home game in the coming weeks and we would love you to come along and speak to us in person. We also have our AGM at the stadium on Saturday the 18th of April before the Fleetwood game and we would love to see you all there. It is much easier for us to engage with people in person or one to one via email than it is to take to Twitter or the Forum and try to root out your points. We are all just fans and while we may differ in approach, I like to think we all just want what’s best for our club.

On that point I will sign off as I look forward to Saturday’s game with a loud and optimistic COYY !

Paul
Chair
OxVox
We members pay good money to receive this information in a timely manner. It is not up to you to put it in the public domain.
 

ZeroTheHero

Well-known member
Joined
7 Dec 2017
Messages
3,442
"On the stadium it seems that the preferred option is to still rent the Kassam Stadium but on a new, improved lease deal."

I have difficulty seeing why on earth Kassam would be persuaded to give us an improved deal. He know that if the club has nowhere else to go*, they have absolutely no choice than to renew the existing agreement for another 25 years.

* No, ground sharing with another club for an indefinite amount of time while we hope that *something* might happen is not viable.
 

Trevor L

New member
Joined
11 Dec 2017
Messages
46
In line with our normal practice, we send our updates initially to members, and later (normally the next day or the day after) we post the material up to our website for all fans to read. I think our paying members would be justifiably annoyed if material appeared on forums first!

Can I just ask by the way if anyone who is a member didn't receive this email from us yesterday, that you let us know please? Easiest is by PM on here to me, or by email to updates@oxvox.org.uk . I'll monitor replies and sort it out. MailChimp is pretty good but just occasionally there are glitches. Do check your spam folder(s) first, and add our updates address to your safe senders list or equivalent.

On this email, Steve has posted the update but without the preamble by Paul which gives the context, which is rather misleading.

The full update with Paul's preamble is now at http://www.oxvox.org.uk/updatemarch192020/

To save you the trouble of following the link, I've pasted the preamble below.

The context is important as the update was drafted a little while ago, and, specifically, before the OUFC accounts were published. We are, as Paul notes in the preamble, formulating further questions which may arise as a result of examining the accounts, we are working on this collaboratively with one or two knowledgeable members, and we'll be following up with the club in due course.

Here's the preamble:

Below is the update we had prepared to send out some weeks ago.

This release was delayed for a few weeks and I take full responsibility for that delay. Sadly some things in life overshadow what we do at OxVox and I was forced to take a little time away from that work. Ali, Trevor and the rest of the committee have done an amazing job in that time but it did set us back a little.

Now that the OUFC accounts have been released there is more information to digest and further questions to ask, some of which have already been forwarded by our members. Rather than scrap or drastically amend the weeks of work we had done we have decided to release the update as was, while we follow up with the club with questions arising from the accounts. Thank you for your patience with this and we will provide follow up answers in the coming weeks as we get them from the club.

Meanwhile, there is good news about our committee membership for the coming year. You may recall that the deadline for nominations was 29 February. We received four nominations for the four places available on the committee and a membership vote was therefore unnecessary this year. We can confirm that Jemma Hayward, Ian Coleman, Robert Weavers, and Ben Heath will now join the committee.

We are of course still planning our AGM, but during these unprecedented times it is very likely that it will be postponed. We will keep you posted as further information comes out but for those making plans, please keep that in mind. Obviously things are difficult for everyone at the moment and it is hard to see beyond some of the rapidly escalating problems. I lived and worked in New York coaching football many years ago and had just moved to Washington DC when the Twin Towers and Pentagon were attacked on 9/11. It was the last time I was in a situation that felt this surreal or out of our control but the things that pulled everyone together at that time were kindness, compassion and humour. Having taken a peek at Twitter over the last few days, I definitely think we have the last one covered. Now we just have to look out for each other and everything else will take care of itself.

Hope all are well and I’m definitely looking forward to the day that football is one of my major concerns again. After all, we are in third and have a promotion to win!

As always COYY

Paul
 

Steve Gilbert

Active member
Joined
13 Jul 2019
Messages
235
Hi @Steve Gilbert

Posting the update is fine but we tend to like to give members first viewing to thank them for their support. We were already working on putting it on the website and offering a link here which will now try to do today. I think you may have omitted the opening paragraph which may help explain the timing and follow on questions more so we will make sure that is on the website for everyone.

With regards to the stadium we can only offer our opinion as things stand. We have certainly not given up on the community purchase option and I can't and won't put words in people's mouths, but it does seem to us an unlikely option at present. We will of course keep you updated if there is any news in that respect.
Hi Paul,

I firstly apologise for not including the first bit which as you say puts the timing of the update into more context so apologises and I hope everything is ok.
I usually wouldn't put the update up but as I said, given the current situation I thought fans might appreciate some news other than hearing about the virus.

Hopefully we can all get back to discussing why Jamie Mackie is constantly getting 5 minutes at the end of games and whether Rob Dickie is better than Curtis Nelson!
 

Paul Cannell

Well-known member
Joined
7 Dec 2017
Messages
2,842
"On the stadium it seems that the preferred option is to still rent the Kassam Stadium but on a new, improved lease deal."

I have difficulty seeing why on earth Kassam would be persuaded to give us an improved deal. He know that if the club has nowhere else to go*, they have absolutely no choice than to renew the existing agreement for another 25 years.

* No, ground sharing with another club for an indefinite amount of time while we hope that *something* might happen is not viable.
I have difficulty seeing why on earth our investors (other than Tiger, maybe) would be here at all "if the preferred option is still (or ever was) to rent the K*****m Stadium" on any lease deal.
 

DavidB

Active member
Joined
14 Dec 2017
Messages
234
I have difficulty seeing why on earth our investors (other than Tiger, maybe) would be here at all "if the preferred option is still (or ever was) to rent the K*****m Stadium" on any lease deal.
Can only be size of ego surely. There isn’t anything else
 

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