New Stadium Approved

[MegaloDon]

We have the dna scam though

 

Milne's master-plan to fund the venture

[NEM]

We have the dna scam though

 

Milne's master-plan to fund the venture

 

 

Its raising about £20k a month. Wonderful - we won't be moving to kingsford for about 50 years!

[Tommy]

We have the dna scam though

 

Milne's master-plan to fund the venture

 

So despite saying funds raised via DNA will not be diverted to the stadium funding they will be?

 

Maybe they will just get a 30 year corporate mortgage.

[MegaloDon]

So despite saying funds raised via DNA will not be diverted to the stadium funding they will be?

 

Maybe they will just get a 30 year corporate mortgage.

 

I'm saying that we should be worried about his ability to raise 50m + from who knows where.

 

- if relying on fans donations is a method of funding transfers etc.

[beer gut]

 

 

Its raising about £20k a month. Wonderful - we won't be moving to kingsford for about 50 years!

When you bought your house did you save up all the money and pay in cash or did you get a mortgage?

[NEM]

When you bought your house did you save up all the money and pay in cash or did you get a mortgage?

 

 

Cash

 

Doubt £20k a month will put much of a dent in a £30 million mortgage

[Andy_123]

 

Budget(s) set too low.

Not enough dough to cover even initial budget(s).

Pie(s) in the sky(skies).

 

There are similarities you have to admit.

 

Why do you keep writing pie in the sky over and over? Are you earning commission from someone every time you write it?

 

The stadium has been given the go ahead, and the club have confirmed they will be launching various fundraising efforts, launching a share issue, selling naming rights and taking the remainder out on a mortgage to fund the project. It's going to happen one way or another.

 

Do you tell people when they want to buy a new house that it's a pie in the sky idea because they plan to take out a mortgage rather than pay the entire house off in a oner?

[Betty Swallicks]

 

Why do you keep writing pie in the sky over and over? Are you earning commission from someone every time you write it?

 

The stadium has been given the go ahead, and the club have confirmed they will be launching various fundraising efforts, launching a share issue, selling naming rights and taking the remainder out on a mortgage to fund the project. It's going to happen one way or another.

 

Do you tell people when they want to buy a new house that it's a pie in the sky idea because they plan to take out a mortgage rather than pay the entire house off in a oner?

 

Because it is pie in the sky (yas,more commission and thanks for you using it too)

GIB is never used eh.

[Reliablesource]

^^

It's all getting a bit boring now.

[Betty Swallicks]

 

So they've got a budget that is more than likely going to go up considerably and they don't have enough money to even cover the initial budget.

 

Sounds very Kingsford.

 

 

C'mon Betty I'm sure even you can see the 2 things are quite different, even if you are against Kingsford.

 

BUT

 

When you bought your house did you save up all the money and pay in cash or did you get a mortgage?

Do you tell people when they want to buy a new house that it's a pie in the sky idea because they plan to take out a mortgage rather than pay the entire house off in a oner?

 

C'mon, I'm sure even you can see the 2 things are quite different, even if you are for Kingsford.

[Andy_123]

We are comparing a football club paying for a new stadium which is technically the clubs home, and people buying a home.

 

You are comparing a football club paying for a new stadium which is technically the clubs home, and a group of people organising a judicial review over a council decision.

 

Give it up fella.

[Betty Swallicks]

We are comparing a football club paying for a new stadium which is technically the clubs home, and people buying a home.

 

You are comparing a football club paying for a new stadium which is technically the clubs home, and a group of people organising a judicial review over a council decision.

 

Give it up fella.

 

So they are the same because you used the word "home" regarding them both?

 

Both have budgets that will likely increase. Both don't have enough to cover initial budgets.

Do I win 2-1 because both have budgets and both don't have enough cash?

 

Give it up fella.

[StandFree1982]

 

So they are the same because you used the word "home" regarding them both?

 

Both have budgets that will likely increase. Both don't have enough to cover initial budgets.

Do I win 2-1 because both have budgets and both don't have enough cash?

 

Give it up fella.

The irony!

[V for Vendetta]

 

Budget(s) set too low.

Not enough dough to cover even initial budget(s).

Pie(s) in the sky(skies).

 

There are similarities you have to admit.

 

Similarities..... not that many.

 

Funding for the stadium is only just under way and any shortfall will be covered by a mortgage type arrangement I think. And as I say its a construction project that will result in a tangible asset for any debts to be secured against. You can't really expect the club to raise all of the money needed before they even have planning permission for the project to go ahead.

 

The NKS legal action is proposing to actually aim to start with less money than they will need even by their own estimates.

It results in no tangible asset to secure any debt if they need to borrow.

It produces nothing really in fact, even if they win they won't get their money back, it goes down a black hole with nothing to show in return.

 

So really fuck all is similar when you look at it properly.

[Betty Swallicks]

 

Similarities..... not that many.

 

Funding for the stadium is only just under way and any shortfall will be covered by a mortgage type arrangement I think. And as I say its a construction project that will result in a tangible asset for any debts to be secured against. You can't really expect the club to raise all of the money needed before they even have planning permission for the project to go ahead.

 

The NKS legal action is proposing to actually aim to start with less money than they will need even by their own estimates.

It results in no tangible asset to secure any debt if they need to borrow.

It produces nothing really in fact, even if they win they won't get their money back, it goes down a black hole with nothing to show in return.

 

So really fuck all is similar when you look at it properly.

 

Apart from the initial budgets being on the low side (to say the least), the likely increase in final costs, the lack of initial funds, the likely shortfalls, assets, debts and mortgages then aye?

 

Fuck all really then.

[Andy_123]

 

So they are the same because you used the word "home" regarding them both?

 

Both have budgets that will likely increase. Both don't have enough to cover initial budgets.

Do I win 2-1 because both have budgets and both don't have enough cash?

 

Give it up fella.

 

You are beyond help min

[shut up meg]

 

Apart from the initial budgets being on the low side (to say the least), the likely increase in final costs, the lack of initial funds, the likely shortfalls, assets, debts and mortgages then aye?

 

Fuck all really then.

 

The main difference is that AFC will be able to refinance any mortgage, ask for loans from directors, go for a share issue etc.

There will be an asset to loan against whereas NKS could be just chucking money down a black hole with very little chance of any return.

[Nelly]

This new stadium is going to be brilliant! I just know it.

 

Protection from the weather, better atmosphere, better food outlets, safe standing / singing section, pre-match activities for the kids, bar on site, easy to drive to, nae moaning cunts, can't wait!

[Betty Swallicks]

 

The main difference is that AFC will be able to refinance any mortgage, ask for loans from directors, go for a share issue etc.

There will be an asset to loan against whereas NKS could be just chucking money down a black hole with very little chance of any return.

 

But there are similarities which was my point.

[Betty Swallicks]

This new stadium is going to be brilliant! I just know it.

 

Protection from the weather, better atmosphere, better food outlets, safe standing / singing section, pre-match activities for the kids, bar on site, easy to drive to, nae moaning cunts, can't wait!

 

Better sign up for your DNA pronto!

Top Reds only get those perks.

 

Think you're fucked for the bar since 1700 have signed up already and bar only holds 200. Might sneak into the café ballot though pal.

Kids face painted then a latte. Bliss!

[shut up meg]

 

But there are similarities which was my point.

 

There are slight similarities however if AFC set up the contracts properly they will have priced contracts with penalty clauses like the Wembley stadium build.

Any delays or costs was taken by the contractors.

[reekie_dock]

 

Better sign up for your DNA pronto!

Top Reds only get those perks.

 

Think you're fucked for the bar since 1700 have signed up already and bar only holds 200. Might sneak into the café ballot though pal.

Kids face painted then a latte. Bliss!

There are remarkable similarities between you and syphilis

[Poodler]

This thread is quite like the app Grindr

[Betty Swallicks]

There are remarkable similarities between you and syphilis

 

 

This thread is quite like the app Grindr

 

If you say so lads.

[Poodler]

Up to tonight Betty?

 

Will you be hitting the WYDT thread?

[Betty Swallicks]

Up to tonight Betty?

 

Will you be hitting the WYDT thread?

 

The wot now?

[Poodler]

The what you drinking today thread min.

[Betty Swallicks]

The what you drinking today thread min.

 

Will be having a drink. Won't be posting.

[Daz the Don]

Will be having a drink. Won't be posting.

Thank fuck,

 

And let lessons be learned, even if you do not agree with him, please can we all just pretend to.

 

That way he might shut the fuck up for a day or two.

[Betty Swallicks]

Thank fuck,

 

And let lessons be learned, even if you do not agree with him, please can we all just pretend to.

 

That way he might shut the fuck up for a day or two.

 

Won't be posting what I'm drinking is what I meant.