steward 433
Back and better
Looking more likely that Adenstar will be involved in the construction somehow then!!
Falmer Finance - £20million from one individual
- Thread starter Giraffe
- Start date
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Looking more likely that Adenstar will be involved in the construction somehow then!!
Does anyone know the kinda mindset of the lending institutions on Stadia ??
I fully recognise that lending mindset on housing.
But I wonder how the banks feel about Stadiums, if the owners default on the re-payments.
What exactly do they do with a repossessed Stadium ?
Has a fairly recently built Stadium ever been repossessed ?
Or does it all go into administration and another football consortium get it on the cheap ??
What I am trying to say is, is it harder to borrow against Stadiums than say, Housing Developments.
Just wondered !!
I fully recognise that lending mindset on housing.
But I wonder how the banks feel about Stadiums, if the owners default on the re-payments.
What exactly do they do with a repossessed Stadium ?
Has a fairly recently built Stadium ever been repossessed ?
Or does it all go into administration and another football consortium get it on the cheap ??
What I am trying to say is, is it harder to borrow against Stadiums than say, Housing Developments.
Just wondered !!
British Bulldog
The great escape
- Feb 6, 2006
- 10,974
Maybe Bill Archer has discovered an emotion called " GUILT " and decided to donate £20m to our stadium fund?
Which he'd be told promptly to SHOVE UP HIS ARSE.
Commendable sentiment Chappers, but it was a £20,000,000 DONATION
As long as there was an apology and no strings attached, I would take it, gladly.
Anyway, it's not going to happen.
Dave the OAP
Well-known member
My mate who is a Chelsea Fan recons that Abramovitch hasnt put a penny into
chelsea, rather loans and guarantees that are repayable on demand, thereby putting Chelsea very much at the whim of his support......in that there are some very nervous people about as Abramovitch has not even being coming to important league games and the feeling is he is losing interest.
chelsea, rather loans and guarantees that are repayable on demand, thereby putting Chelsea very much at the whim of his support......in that there are some very nervous people about as Abramovitch has not even being coming to important league games and the feeling is he is losing interest.
Greg Stanley done very well from loaning the club money. I remember a loan made prior to selling the Goldstone was structured with penalty clauses which increased the clubs "debt" to him. As his old mate Bill was running things it was safe to say these penalty clauses would be invoked. 
BensGrandad
New member
Isnt this the same as ?? Harding, who died in the helicopter crash, did for Chelsea and Bates. He knew that they could not raise money through the banks so lent them, as opposed to gave them as is widely assumed, money at a high rate of interest. He was then seen by The Shed as Chelsea's saviour, which he may well have been, but at no cost to himself.
His life?
BensGrandad
New member
That a bit below the belt I actually meant no financial cost to himself, and just remembered his name Matthew Harding.
- Aug 8, 2005
- 27,229
- Thread starter
- #191
I don't know why they are bothering with this tendering farce, just get Adenstar to get on with it.
Its been abundantly clear since about seven years ago that they would win the contract!
steward 433
Back and better
Not 100% but i would be surprised if anyone else got hold of it!
Saying that i have been involved with quite a few Adenstar contracts over the last 5 years and the quality is fantastic.
dougdeep
New member
Adenstar aren't big enough to get the full contract. I expect they'll get some crumbs though.
steward 433
Back and better
steward 433
Back and better
Who built St Marys and MK then?
Barrel of Fun
Abort, retry, fail
Adenstar have never built a football stadium and now would not be the time to learn. I assume it would be a contractor with a track record in the field.
Cian
Well-known member
Mowlem made a f***ing HAIMS of the Port Tunnel here, can see the roof leaking and fire alarms going off for no reason all over the stadium if they get it...
steward 433
Back and better
I know two of the three STILL trying to find out who the third is
Papa Lazarou
Living in a De Zerbi wonderland
I agree - I understand that Adenstar will be happy with some of the smaller sub-contracts arising from the build..