|
lew chaterleys lover |
February 3, 2020, 11:42pm |
|
Vodka Drinker
Posts: 5,004
Posts Per Day: 1.07
Reputation: 75.9%
Rep Score: +30 / -10
Approval: +10,694
Gold Stars: 236
|
The sad reality is NE Linc's council is 100 million in debt. A fact admitted by the council last year. The club have no money, the council have no money. No one has any money. It's time for everyone to accept this inevitable truth and start putting some serious investment into BP. Anything else is madness!
Why do you think councillor Fenty keeps ploughing on then? He must know something we don't surely otherwise it will soon become apparent it is all a pipe dream and he will have Ollie to answer to!
|
|
Logged |
|
|
|
|
Rik e B |
February 3, 2020, 11:44pm |
|
Whiskey Drinker
Posts: 3,562
Posts Per Day: 0.60
Reputation: 84.91%
Rep Score: +20 / -3
Location: Mingmong
Approval: +3,916
|
[img]https://i.imgur.com/rRw61pT.jpg[/img]
And get the right director 😉
|
|
|
|
|
rancido |
|
Posts: 7,500
Posts Per Day: 1.26
Reputation: 80.3%
Rep Score: +41 / -10
Approval: +6,563
Gold Stars: 96
|
No wonder this town has become a backwater if some of the negativity voiced in the last two pages of this thread is anything to go by. It is a fact that we need a new ground for the survival of the club. The club want it, JF wants it, the Council want it and the fans (with the the exception of a few naysayer doom and gloom experts on here) want it. Forget false dawns and be hopeful and adopt a Mr Micawber attitude. The past is the past and that's where BP sadly belongs.
|
| The Future is Black & White. "The commonest thing on this planet is not water , as some people believe, but stupidity ". Frank Zappa |
|
|
|
|
The Yard Dog |
|
Cocktail Drinker
Posts: 1,912
Posts Per Day: 0.43
Reputation: 84.69%
Rep Score: +14 / -2
Location: Cleethorpes
Approval: +3,469
Gold Stars: 74
|
The sad reality is NE Linc's council is 100 million in debt. A fact admitted by the council last year. The club have no money, the council have no money. No one has any money. It's time for everyone to accept this inevitable truth and start putting some serious investment into BP. Anything else is madness!
At least I have my red conco cap, was hoping they would have done the same for Peakes Parkway, now I am dreaming of a Fremo Cap. Squeaky must know more than he letting on, especially to get Mr & Mrs Holloway to up sticks and move to the area, Squeaky would have told Mr Holloway his vision and plans for the future, to lure Mr Holloway here. Mr Holloway is no fool, he knew all about the players, so I guess he was fully aware of the stadium saga. Try to look forward, I know its hard, but this is the era of a brave new Britian. UTMM
|
|
|
|
|
rancido |
|
Posts: 7,500
Posts Per Day: 1.26
Reputation: 80.3%
Rep Score: +41 / -10
Approval: +6,563
Gold Stars: 96
|
The sad reality is NE Linc's council is 100 million in debt. A fact admitted by the council last year. The club have no money, the council have no money. No one has any money. It's time for everyone to accept this inevitable truth and start putting some serious investment into BP. Anything else is madness!
All well and good but in what form would this serious investment be and where would it go? If the club has no money then where are these funds coming from to paper over all of BP's shortcomings? You are more likely to attract outside investment on a new purpose built stadium than you are on tarting up a depreciating out of date football ground, parts of which are reminiscent of late Victoria football edifices. I'm the first to admit to very little knowledge of the world of finance and my only experience of borrowing for property is on house mortgaging. My first home, which I bought in 1972, cost me £4,200. I secured a 5% 30 year mortgage which entailed a £210 deposit. I also seem to recall that the interest rate then was between 4 to 5 %. The proposed cost of town's new ground is £20 million so a pro rata deal similar to to the one I got all those years ago would involve a deposit of £1 million. This would be within the club's reach using the value of BP and also some naming rights etc. Now I know this is a very simplistic approach but I'm sure it demonstrates that it is within the the realms of possibility to go down a similar financial route.
|
| The Future is Black & White. "The commonest thing on this planet is not water , as some people believe, but stupidity ". Frank Zappa |
|
|
|
|
Grimal |
|
Whiskey Drinker
Posts: 3,399
Posts Per Day: 0.90
Reputation: 79.34%
Rep Score: +19 / -5
Approval: +2,858
Gold Stars: 9
|
|
|
|
|
Rik e B |
|
Whiskey Drinker
Posts: 3,562
Posts Per Day: 0.60
Reputation: 84.91%
Rep Score: +20 / -3
Location: Mingmong
Approval: +3,916
|
With 200k a year profit we could pay for it all in ten if Squeaky kept his fingers out the pie 🙄😂.
Plus we'd get some funding so wouldn't need the full amount anyway and one would have thought we'd bring in a lot more once moved in!
|
|
|
|
|
MuddyWaters |
|
Barley Wine Drinker
Posts: 14,106
Posts Per Day: 2.60
Reputation: 68.15%
Rep Score: +48 / -24
Approval: +32,235
Gold Stars: 235
|
With 200k a year profit we could pay for it all in ten if Squeaky kept his fingers out the pie 🙄😂.
Plus we'd get some funding so wouldn't need the full amount anyway and one would have thought we'd bring in a lot more once moved in!
You need 100 years at 200k to get 20 million
|
|
Logged |
|
|
|
|
rancido |
|
Posts: 7,500
Posts Per Day: 1.26
Reputation: 80.3%
Rep Score: +41 / -10
Approval: +6,563
Gold Stars: 96
|
With 200k a year profit we could pay for it all in ten if Squeaky kept his fingers out the pie 🙄😂.
Plus we'd get some funding so wouldn't need the full amount anyway and one would have thought we'd bring in a lot more once moved in!
Now I'm note brill at maths but 200k a year for 10 years equates to £2 million which is only a tenth of the cost. Shurely some mistake!
|
| The Future is Black & White. "The commonest thing on this planet is not water , as some people believe, but stupidity ". Frank Zappa |
|
|
|
|
Limerick Mariner |
|
Whiskey Drinker
Posts: 3,344
Posts Per Day: 0.56
Reputation: 78.12%
Rep Score: +10 / -3
Location: Melton Mowbray
Approval: +5,689
Gold Stars: 136
|
|
|
|
|