deyres42 Posted April 18, 2022 Share Posted April 18, 2022 15 minutes ago, JoeP said: We won't be the EFL's problem in a month's time. Like Macclesfield, they've left it too late to do anything. They've failed again. Yh, there is that.... I don't think the authorities will let another historic club go to the wall though. Link to comment Share on other sites More sharing options...
League one forever Posted April 18, 2022 Share Posted April 18, 2022 Underdog said the other day, that the council can activate a CPO on boundary park. Correct me if I’m wrong, but doesn’t that mean- that If we went to the wall, the council could force blitz to sell it to them? Link to comment Share on other sites More sharing options...
Dave_Og Posted April 18, 2022 Share Posted April 18, 2022 1 minute ago, League one forever said: Underdog said the other day, that the council can activate a CPO on boundary park. Correct me if I’m wrong, but doesn’t that mean- that If we went to the wall, the council could force blitz to sell it to them? They can't force a discount price Link to comment Share on other sites More sharing options...
League one forever Posted April 18, 2022 Share Posted April 18, 2022 4 minutes ago, Dave_Og said: They can't force a discount price No- of course. But they can stop him selling to a developer? Link to comment Share on other sites More sharing options...
Dave_Og Posted April 18, 2022 Share Posted April 18, 2022 1 minute ago, League one forever said: No- of course. But they can stop him selling to a developer? Maybe, not my area. But if there is no viable club what would be the point? Link to comment Share on other sites More sharing options...
League one forever Posted April 18, 2022 Share Posted April 18, 2022 5 minutes ago, Dave_Og said: Maybe, not my area. But if there is no viable club what would be the point? Because with our fanbase it would be much easier for an investor to start again from the bottom playing at and monetising BP than renting some non league shack. Whatever the future holds- If we’ve got BP, we’ve got a club IMO. Link to comment Share on other sites More sharing options...
Dave_Og Posted April 18, 2022 Share Posted April 18, 2022 Just now, League one forever said: Because with our fanbase it would be much easier for an investor to start again from the bottom playing at and monetising BP than renting some non league shack. Whatever the future holds- If we’ve got BP, we’ve got a club IMO. I agree completely. If that goes we're finished Link to comment Share on other sites More sharing options...
Andy b Posted April 18, 2022 Share Posted April 18, 2022 21 minutes ago, Dave_Og said: They can't force a discount price Next to no case for CPO. Can’t rely on that at all Link to comment Share on other sites More sharing options...
Dave_Og Posted April 18, 2022 Share Posted April 18, 2022 3 minutes ago, Andy b said: Next to no case for CPO. Can’t rely on that at all No, that would be my view. I'd have thought they are routinely used to facilitate development - not to maintain the status quo Link to comment Share on other sites More sharing options...
League one forever Posted April 18, 2022 Share Posted April 18, 2022 2 minutes ago, Andy b said: Next to no case for CPO. Can’t rely on that at all What about selling a community asset? Link to comment Share on other sites More sharing options...
Andy b Posted April 18, 2022 Share Posted April 18, 2022 46 minutes ago, League one forever said: What about selling a community asset? Community asset designation simply means the owner has to give the beneficiary of the designation (basically the trust) 6 months notice before it can be sold to another party. Trust then uses that time to put in a counter offer. Owner not obligated to accept trusts offer. Doesn’t really get us very far. Better to have it than not but it’s not really got any teeth Link to comment Share on other sites More sharing options...
League one forever Posted April 18, 2022 Share Posted April 18, 2022 1 minute ago, Andy b said: Community asset designation simply means the owner has to give the beneficiary of the designation (basically the trust) 6 months notice before it can be sold to another party. Trust then uses that time to put in a counter offer. Owner not obligated to accept trusts offer. Doesn’t really get us very far. Better to have it than not but it’s not really got any teeth Ok. But let’s say we go under, and Blitz wants to sell to a developer- can’t the council activate the CPO, because it’s not in the borough’s interest to let it go to housing. I’m not saying they would- I’m just asking theoretically? Link to comment Share on other sites More sharing options...
Andy b Posted April 18, 2022 Share Posted April 18, 2022 3 minutes ago, League one forever said: Ok. But let’s say we go under, and Blitz wants to sell to a developer- can’t the council activate the CPO, because it’s not in the borough’s interest to let it go to housing. I’m not saying they would- I’m just asking theoretically? Council has the powers but the circumstances around BP mean it wouldn’t get through the courts. There are various reasons but it’s not an option in the short term. As things stand, BP has no more status than an average playing field. It’s loss wouldn’t be deemed to be against the public interest should a good quality housing scheme be proposed on the land, subject to compensation for the loss of the ‘playing pitch’ There simply isn’t enough there to underpin a viable CPO case. With the right designation in the Oldham Local Plan, then things might look slightly different Link to comment Share on other sites More sharing options...
Dave_Og Posted April 18, 2022 Share Posted April 18, 2022 9 minutes ago, League one forever said: Ok. But let’s say we go under, and Blitz wants to sell to a developer- can’t the council activate the CPO, because it’s not in the borough’s interest to let it go to housing. I’m not saying they would- I’m just asking theoretically? I can't see how the would have the powers to spend £7m or whatever of taxpayers' money for a semi-derelict stadium with no club to play in it Link to comment Share on other sites More sharing options...
League one forever Posted April 18, 2022 Share Posted April 18, 2022 Just now, Dave_Og said: I can't see how the would have the powers to spend £7m or whatever of taxpayers' money for a semi-derelict stadium with no club to play in it Yeah, I can’t see it either. I just wondered if there was a mechanism where the council could step in and then quickly sell it on. But it’s probably a pipe dream. Link to comment Share on other sites More sharing options...
peanuts2 Posted April 18, 2022 Share Posted April 18, 2022 1 hour ago, Dave_Og said: I can't see how the would have the powers to spend £7m or whatever of taxpayers' money for a semi-derelict stadium with no club to play in it but isnt Oldham a rugby town and they not homeless Link to comment Share on other sites More sharing options...
Dave_Og Posted April 18, 2022 Share Posted April 18, 2022 10 minutes ago, peanuts2 said: but isnt Oldham a rugby town and they not homeless Sorry, what? Link to comment Share on other sites More sharing options...
kowenicki Posted April 18, 2022 Share Posted April 18, 2022 3 hours ago, League one forever said: Underdog said the other day, that the council can activate a CPO on boundary park. Correct me if I’m wrong, but doesn’t that mean- that If we went to the wall, the council could force blitz to sell it to them? I seriously doubt that! Link to comment Share on other sites More sharing options...
League one forever Posted April 18, 2022 Share Posted April 18, 2022 24 minutes ago, kowenicki said: I seriously doubt that! I’m only asking, I don’t know enough about it. Link to comment Share on other sites More sharing options...
underdog Posted April 19, 2022 Share Posted April 19, 2022 17 hours ago, Andy b said: Community asset designation simply means the owner has to give the beneficiary of the designation (basically the trust) 6 months notice before it can be sold to another party. Trust then uses that time to put in a counter offer. Owner not obligated to accept trusts offer. Doesn’t really get us very far. Better to have it than not but it’s not really got any teeth Cheers Andy Also, if the ACV is triggered, the asset owner sets how any deal is done. Could decide to sell to the entity who has triggered it only Could decide to have an auction Could decide to appoint an estate agent to openly put it up for sale Could decide to accept sealed bids It gives fans an awareness and allows OASF to prepare and be ready if it is viable to place a bid or even trigger the process. Link to comment Share on other sites More sharing options...
HarryBosch Posted April 19, 2022 Share Posted April 19, 2022 Apparently we'll lose an annual £1.25 million of EFL and TV revenue by going down. Does anyone on here know how to value a business and, if so, how much this should reduce the value by? I realise Lemsagam will still want what he wants... Link to comment Share on other sites More sharing options...
Dave_Og Posted April 19, 2022 Share Posted April 19, 2022 2 minutes ago, HarryBosch said: Apparently we'll lose an annual £1.25 million of EFL and TV revenue by going down. Does anyone on here know how to value a business and, if so, how much this should reduce the value by? I realise Lemsagam will still want what he wants... Need total income this season and total projected income for next to have a reasonable stab Link to comment Share on other sites More sharing options...
Andy b Posted April 19, 2022 Share Posted April 19, 2022 2 minutes ago, Dave_Og said: Need total income this season and total projected income for next to have a reasonable stab As a Ltd company it’s worthless. It’s just more worthless next season Link to comment Share on other sites More sharing options...
Clifford Posted April 19, 2022 Share Posted April 19, 2022 Given the reported playing budget it's the majority of the income I'd expect. Debts, barely any income, no physical assets, barely a player under contract next season. How much does AL want? Deluded. Link to comment Share on other sites More sharing options...
PeteG Posted April 19, 2022 Share Posted April 19, 2022 He doesn't want what has been reported, however there is still no credible bidders who will pay what he wants. I believe they have already met to discuss plans for next season should the worst come to the worst and will continue to battle on with a determination to get us back in the EFL at the earliest opportunity. Link to comment Share on other sites More sharing options...
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