Oxford united

Quoted from Poojah

Re: finance; a combination of "shareholder equity" and "long-term funding". In other words, the owners are putting up the bulk of the funds with the remainder being bridged via a small mortgage. Oxford's owners have a combined net worth of about $3 billion, which helps quite a bit.

https://www.oxfordmail.co.uk/s.....ium-will-boost-club/

Thanks for that Poojah, it makes it interesting reading that the owners funded a £4 loss, which was more than JS & AP paid for our club.Unbelievable the money that's floating around; rich man's toy comes to mind, but they say they are in it for the long term, which I hope they are.

Quoted from Heisenberg

The question I’d ask is what on earth do the current stadium owners plan to do with it if Oxford United move out?! Surely a deal is going to be done here to extend the lease?

Exactly what I was thinking. As much as United need a stadium, they can ultimately build one and sodomist off. They have options. But that stadium is 100% dependent on United. Its not like some other football is going to take it over. Their best bet would be to sell the stadium to Oxford United

Quoted from DB

Oxford have to find a new ground/ ground share after 30th June 2226, in 2 1/2 years time. It would be interesting to know how they are going to do this on an average 8,000 gate.

Have they got the land?

Have they got planning permission, or plans drawn up?

And the biggie

How are they going to finance it all?

Maybe they should reach out to David Hilton for advice on how to deliver an unaffordable stadium within 24 months.

Quoted from Heisenberg

The question I’d ask is what on earth do the current stadium owners plan to do with it if Oxford United move out?! Surely a deal is going to be done here to extend the lease?

There’ll probably be another desperate Rugby Union team coming along at some point. There seems to be a few down there who are a bit nomadic.

Quoted from Poojah

Complex back story to the Kassam Stadium, namely that they’ve never owned it and Firoz Kassam is a nut job.

Coventry are another club that were toying with moving to another new ground despite their current ground only opening in 2005, for not entirely dissimilar reasons. They appear to have got things in order there now, however.

I can't be bothered to look into details, but there doesn't seem to be much common sense in Oxford and Coventry.  

Before leaving a historic old ground that they own, surely a club should have a cast-iron legal agreement to play at a new stadium for at least 100 years.  The company that paid for construction should accept a percentage of gate receipts.

Think Cov are sorted now with a Lease following the demise of the rugby franchise that bought the Ricoh off the council.

Quoted from White_shorts

I can't be bothered to look into details, but there doesn't seem to be much common sense in Oxford and Coventry.  

Before leaving a historic old ground that they own, surely a club should have a cast-iron legal agreement to play at a new stadium for at least 100 years.  The company that paid for construction should accept a percentage of gate receipts.

The Coventry situation is all different shades of complex, but at the heart of the Oxford United story is the simple case of a basket case former owner - Firoz Kassam (after whom the ground is officially named, but ne'er referred to as by Oxford fans themselves).

Ultimately, if you have ownership and full control of the club and the stadium they play in, you can make any lease for the stadium as attractive or as unattractive as you wish. See also: United, Scunthorpe.

I have been to Oxfords ground ...

I can see why they want a new one besides the lease implications

Awful

A close 2nd to Colchester on my least favourite grounds list

Giving this one a bump for our old friend White_shorts. Photos and video of Oxford’s proposed new ground. A black and white version of this on the docks would be spiffing; just need to find £40m or so stuffed down the back of the sofa.

https://oufcstadium.co.uk/

https://oufcstadium.co.uk/wp-content/uploads/2023/10/Creating-a-new-home-for-Oxford-United.pdf

Smaller version of Brighton then - hadn’t appreciated how close it was to Oxford Parkway station.

Greenfield site but with plenty of local facilities to be provided - looks a winner for Oxford, very high property value area and the other development will help fund it.