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Post by spongeparr on Mar 2, 2020 8:04:59 GMT
Can't be true, surely Hoos, Tony or previous owners would have mentioned this by now.
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Post by gtleighsr3 on Mar 2, 2020 8:38:04 GMT
The elite in all leagues should fuck off, more and more diva demands season on season. Poor them. They don't care about anyone else,so why should we bend over to them. There is 90 plus clubs in our league not 6.
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Post by Cross it Dave on Mar 2, 2020 18:33:47 GMT
Has anyone ever estimated the real estate value of the stadium? It won't be the same as the normal land prices in the area as I think the ground has a covenant on it that says it must only be used for sport. My understanding is that there is/was a covenant on Loftus Rd. |
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Post by alanwycombe on Mar 2, 2020 23:00:09 GMT
Would explain why we never moved years ago. Maybe we're stuck with the place? A question for the next meeting perhaps?
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Post by James1979 on Mar 2, 2020 23:05:30 GMT
Has anyone ever estimated the real estate value of the stadium? It won't be the same as the normal land prices in the area as I think the ground has a covenant on it that says it must only be used for sport. Do you know who covenant is with? Had a look at accounts and can’t see any bank debt. |
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Post by esoxlucius on Mar 3, 2020 7:46:13 GMT
It won't be the same as the normal land prices in the area as I think the ground has a covenant on it that says it must only be used for sport. Do you know who covenant is with? Had a look at accounts and can’t see any bank debt. As I said earlier, it was something that came up a few years ago and I can't find any information on it when I searched Google. Does a covenant on usage appear as bank debt? |
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Post by Bill on Mar 3, 2020 8:09:47 GMT
Covenant i believe is some authority only allowing ground for sports purposes.
Doesnt really matter as rules/laws get broken all the time now.
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Post by West Acton on Mar 3, 2020 9:07:31 GMT
Similar issue at Chelsea with pitch owners which I think partly stopped Chelsea relocating to nine elms
Surely covenant, if there is one, is about simply selling ground with no alternative. If we were to evidence we are investing in another site which offers community opportunities their is wriggle room??
Failing that you flatten stands and build flats around pitch like Highbury
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Post by alanwycombe on Mar 3, 2020 9:33:13 GMT
It won't be the same as the normal land prices in the area as I think the ground has a covenant on it that says it must only be used for sport. Do you know who covenant is with? Had a look at accounts and can’t see any bank debt. If ancient it could be with church. Lots of funny rules with church ground. |
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Post by West Acton on Mar 4, 2020 17:42:40 GMT
Good thread
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