Do the club have to meet that criteria in phases LB or do thet need to show the entire funding package in one lump ?
Would this account for any delay if the funding was only partly in place ?
From the contractors perspective of course as well.
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The Sun-Brighton do not have the cash to begin building work.
- Thread starter Fred Oliver - Legend
- Start date
Do the club have to meet that criteria in phases LB or do thet need to show the entire funding package in one lump ?
Would this account for any delay if the funding was only partly in place ?
From the contractors perspective of course as well.
Tubby Mondays
Well-known member
Southover Street Seagull
Well-known member
As part of the development process the council, as landlord, must be satisfied
that the Community Stadium Ltd has secured sufficient funding, bonds,
guarantees and grants for the completion and operation of the development.
I think the words must be satisfied mean they do not take someone's word for it, don't you?
Lord Bracknell
On fire
From my experience of working in a local authority that enters into arrangements with private sector companies, where the council's assets are involved, the enquiries that are made are very thorough indeed.
I recall a time when the say-so of the Chief Executive of Brighton & Hove Albion Football Club Ltd had absolutely NO credibility with council officers. The fact that Mr Bellotti was also a County Councillor made no difference.
I cannot imagine a circumstance in which the City Council would hand over control of land that it owned for a major development without being TOTALLY satisfied that the development would go ahead to completion. If they didn't, the risks would be enormous. The people involved would be sacked - and, quite possibly - jailed.
Knotty
Well-known member
Yep, the bullshit that people like you WANT to be there, but don't KNOW is there.
The Large One
Who's Next?
Just curious - when you asked Martin Perry or Derek Chapman or Richard Hebberd or Dick Knight about where the funding is coming from, what reply did they give you?
Tubby Mondays
Well-known member
O.K, so could a situation arise (and forgive me for simplifying things here) whereby someone from such a bank/financial institution/ whatever wrote a statement saying 'Dear Football Club I promise to lend you £25 million to build your stadium Signed Dave the Banker dated 3/9/2004', and that letter be put in with the planning application and so on and the council be happy with it and grant permission.
Four years down the line when A.N Other FootballClub turn up at Dave The Bankers bank (or whats left of it) and say 'Abouth that money you promised youd lend us 4 years ago...' and Dave The Bankers replacement (he lost his job due to some global economic downturn) says 'What loan/what money/sod off'?
Tubby Mondays
Well-known member
They told me its a secret. What do you think they were going to say?
Arthur
Well-known member
CLANG!!
You appear to have dropped something...........oh it's a few names!
Quality swerving Mr One and quality "LOOK AT ME I KNOW PEOPLE AT THE CLUB" name dropping!
Your talents know no boundaries do they!
I beleive the expression you kids use is owned!
The Large One
Who's Next?
Well, what did you want? A full, explicit report with details?
And all this BEFORE the deal is negotiated, signed, sealed and delivered.
According to the club, they are talking to several financial organisations - how this is all affected with the recent stock market fun and games, I've no idea. However, my point is, I'm guessing that the club themselves might not even know which deal(s) to go for just yet, and won't do until it's time to sign.
The Large One
Who's Next?
You slow fuckwit.
These names are in the public domain and are the people on the Falmer team, and are names everyone on here knows.
Except you, it appears. :thud:
Knotty
Well-known member
Who's the kid?
The Large One
Who's Next?
Arthur
Well-known member
HAHAHA
My word you do get a bit touchy when shown up to be a mug that believes ANYTHING the club tells you don't you.
Surely you can do better than that?
The Large One
Who's Next?
So, you're a hopeless liar as well as a fuckwit.
You're not doing very well today, are you?
cannedheat
Banned
Err yeah.
I'm really not sure what the point you're trying to make here is. TLO's entirely right that those names are in the public domain...
mona
The Glory Game
I guess there is a lot of guessing here.
Just one question.
How accurately did The Sun report the Stanley/Archer/Bellotti asset stripping of the club?
Just one question.
How accurately did The Sun report the Stanley/Archer/Bellotti asset stripping of the club?