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Thread: No deal !

  1. #101
    Join Date
    Dec 2017
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    Quote Originally Posted by McCullochisGod View Post
    By the way, are you Hardy's irate daughter by any chance?
    just double checked, thats a negative.

  2. #102
    Join Date
    Jul 2011
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    How does buying Notts for £6 million get you the deeds to the ground,( council own it) the cattle market and any other bits of land around London Road to develop? Any consortium would still have to get planning permission even if they owned the land and £6 million in prime development terms isn't very much at all, basically ten houses at West Bridgford prices.
    There are quite a few decent sized vacant plots around that area which would be way less hassle and bad publicity to buy if you just wanted to build.
    Genuine question as I thought Notts was effectively an asset free entity and that any buyers were effectively just buying a debt with the words Notts County attached to it as Hardy did from Trew with the rights to play the club in the league.

  3. #103
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    Dec 2017
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    316
    It doesnt, you can assume that would be additional amounts paid to the council for those bits of land.

    Notts dont have any assets, but the land (council) and lease (HGE) are assets the club are basically stopping being used for someone. Buying the club, moving it, free ups all of that area for development.

  4. #104
    "Simple equation now. Hardy needs to sign over to the SA group and move a long way away from Meadow Lan

    Yep...a very long way, away.

  5. #105
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    Jul 2011
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    Quote Originally Posted by iamITK View Post
    It doesnt, you can assume that would be additional amounts paid to the council for those bits of land.

    Notts dont have any assets, but the land (council) and lease (HGE) are assets the club are basically stopping being used for someone. Buying the club, moving it, free ups all of that area for development.
    So the consortium having spent £6 million then have to spend another £10 million? on another plot of land and a stadium rebuild up front as we have to play somewhere while that is happening. I don't disbelieve you, I've no idea about land development but it just seems a huge amount of hassle and up front investment just to build on Meadow Lane.

  6. #106
    Join Date
    Dec 2009
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    1,219
    Quote Originally Posted by optipez View Post
    So the consortium having spent £6 million then have to spend another £10 million? on another plot of land and a stadium rebuild up front as we have to play somewhere while that is happening. I don't disbelieve you, I've no idea about land development but it just seems a huge amount of hassle and up front investment just to build on Meadow Lane.

    More plausible that they want to bring everything in house - no external ownership. Which would give the club some actual assets and make things easier for any future development/expansion or generally adding value to the club. It could all be about control.

  7. #107
    Join Date
    May 2018
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    4,422
    Quote Originally Posted by optipez View Post
    So the consortium having spent £6 million then have to spend another £10 million? on another plot of land and a stadium rebuild up front as we have to play somewhere while that is happening. I don't disbelieve you, I've no idea about land development but it just seems a huge amount of hassle and up front investment just to build on Meadow Lane.
    This is purely speculation on my part but here is how I personally see it. The council want that area redeveloping. Is it not beyond the bounds of possibility that the council gifts the land over to the SA consortium to develop? The council make their money from the taxes as more people will be around there after redevelopment? The SA consortium make a lot of money from developing the land plus they get a historical brand and football club to boot. For say £10-15 million initial outlay (£6m for the club £4-10m new stadium) they are potentially in line for hundreds of millions in profits (maybe even billions with property prices as they are). Imagine they make half a billion from redevelopment, if even 10% of that profit moves into Notts, it should see us safely in the championship!

    This scenario is a win - win - win. SA group get massive profit, Notts get a new stadium and investment to get up the league, Council get more taxes from what is currently a quite sparsely populated area

  8. #108
    Join Date
    Aug 2009
    Posts
    872
    If only the SA’s would sign hey 🤷*♂️

  9. #109
    Join Date
    Mar 2007
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    31,950
    Quote Originally Posted by Chicken Balti Pie View Post
    This is purely speculation on my part but here is how I personally see it. The council want that area redeveloping. Is it not beyond the bounds of possibility that the council gifts the land over to the SA consortium to develop? The council make their money from the taxes as more people will be around there after redevelopment? The SA consortium make a lot of money from developing the land plus they get a historical brand and football club to boot. For say £10-15 million initial outlay (£6m for the club £4-10m new stadium) they are potentially in line for hundreds of millions in profits (maybe even billions with property prices as they are). Imagine they make half a billion from redevelopment, if even 10% of that profit moves into Notts, it should see us safely in the championship!

    This scenario is a win - win - win. SA group get massive profit, Notts get a new stadium and investment to get up the league, Council get more taxes from what is currently a quite sparsely populated area
    I imagined our relationship with the S/A's, if it happens, to be something along the lines you describe. As I've said before, better that your owner makes money locally and puts some into a local footy club, than some poor sucker putting his hand in his pocket every fart stitch and ending up skint and pished off. A far more professional relationship, IMHAHO.

  10. #110
    Join Date
    Mar 2014
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    2,958
    Quote Originally Posted by Chicken Balti Pie View Post
    This is purely speculation on my part but here is how I personally see it. The council want that area redeveloping. Is it not beyond the bounds of possibility that the council gifts the land over to the SA consortium to develop? The council make their money from the taxes as more people will be around there after redevelopment? The SA consortium make a lot of money from developing the land plus they get a historical brand and football club to boot. For say £10-15 million initial outlay (£6m for the club £4-10m new stadium) they are potentially in line for hundreds of millions in profits (maybe even billions with property prices as they are). Imagine they make half a billion from redevelopment, if even 10% of that profit moves into Notts, it should see us safely in the championship!

    This scenario is a win - win - win. SA group get massive profit, Notts get a new stadium and investment to get up the league, Council get more taxes from what is currently a quite sparsely populated area
    I think you have it right I was talking to a friend about the land either side of the stadium, as you say with the right development it would be very profitable and if Notts are a big beneficiary would be great.

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