|
Post by daniel300380 on Dec 22, 2015 12:21:21 GMT
Can't see how it can effect the Sainsburys bid, as it was in the public so they would have had notice years ago. Planning had already been approved etc. Think it could be as a precaution, in case we lose the appeal and need to try and sell to someone else. Good shout, could be, all a bit academic really (especially as I'm not expecting the sale to Sainsbury's to go through). The principle stands though. We want to sell (no news there); we have to lodge that intention under the ACV (no news there); we've lodged that intention under the ACV (well we would do, wouldn't we). Leaving a sale to Sainsbury's to one side (probably to be announced formally dead in March), timing wise: lodging the intention now gives a cut off date of the end of January, which gives scope for whoever to delay any (presumably) other sale until August, which probably wouldn't cause any delay anyway. Fair shout they've got on and set the clock ticking. Could be part of a plan B. I would have thought we would have been looking into selling elsewhere, although it will be for less money. Higgs and partners planned the whole thing in secret and we didn't know until it was all confirmed. Hopefully something has been going on without us knowing again. They have had plenty of time to come up with other ideas now, to research other options etc.
|
|
|
Post by gasbound on Dec 22, 2015 21:28:08 GMT
The problem I have with the ACV anouncement and the new charge on the land (up to £199,000) in favor of Sainsbury's is the timing. The result of the Appeal will be known by the end of January - and the expressions of interest(EoI) by community groups (if any) will also be known by then. And if there are any EoIs then the Community Group(s) will have to come up with the money by the end of June 2016, which is when the MSP loan (plus interest) will have to be paid back if previous comments on the loan are accurate.
I cannot understand why the ACV announcement could not have waited a few weeks until after the appeal so the BoD could decide what plan to follow, IF they have any! Waht are the reasons behind their recent actions? If they are about to go-ahead with UWE why go on with the appeal?
On the one hand perhaps the UWE stadium is on it's way and on the other the future of the club may be damaged. There's the cliff edge...
|
|
nerdgas
Joined: May 2014
Posts: 145
|
Post by nerdgas on Dec 23, 2015 10:19:57 GMT
Surely any group that wanted to show an interest in buying the ground would have to put forward a credible plan for raising the funds if we're talking millions of pounds rather than just sending a few begging letters and shaking a few buckets at the shoppers on Glos Rd?
Without some checks any arsehole could attempt to scupper a future sale without any realistic chance of raising anywhere near the amount required.
|
|
The Gas
Joined: May 2014
Posts: 484
|
Post by The Gas on Dec 23, 2015 11:02:07 GMT
The problem I have with the ACV anouncement and the new charge on the land (up to £199,000) in favor of Sainsbury's is the timing. The result of the Appeal will be known by the end of January - and the expressions of interest(EoI) by community groups (if any) will also be known by then. And if there are any EoIs then the Community Group(s) will have to come up with the money by the end of June 2016, which is when the MSP loan (plus interest) will have to be paid back if previous comments on the loan are accurate. I cannot understand why the ACV announcement could not have waited a few weeks until after the appeal so the BoD could decide what plan to follow, IF they have any! Waht are the reasons behind their recent actions? If they are about to go-ahead with UWE why go on with the appeal? On the one hand perhaps the UWE stadium is on it's way and on the other the future of the club may be damaged. There's the cliff edge... Gasbound - There are a lot of errors here.
The result of the appeal may not be known by the end of January. Remember that Lady Justice Proudman took six weeks to make up her mind.
The ACV only kicks in when somebody offers to buy The Mem. That could be next week or a few months time.
|
|
The Gas
Joined: May 2014
Posts: 484
|
Post by The Gas on Dec 23, 2015 11:08:12 GMT
Surely any group that wanted to show an interest in buying the ground would have to put forward a credible plan for raising the funds if we're talking millions of pounds rather than just sending a few begging letters and shaking a few buckets at the shoppers on Glos Rd? Without some checks any arsehole could attempt to scupper a future sale without any realistic chance of raising anywhere near the amount required. Apparently not true.
I could register a wish to buy The Mem when I know what offer has been received and accepted. I then have six months to raise the amount BUT BRFC DO NOT HAVE TO ACCEPT ANY OFFER RECEIVED UNDER THE AVC, so it's all a ploy to delay the ultimate outcome.
I have no doubt that the likes of Carstairs still have things they are keeping quiet about and will spring these at an appropriate time.
|
|
|
Post by michaelb on Dec 23, 2015 11:36:57 GMT
Surely any group that wanted to show an interest in buying the ground would have to put forward a credible plan for raising the funds if we're talking millions of pounds rather than just sending a few begging letters and shaking a few buckets at the shoppers on Glos Rd? Without some checks any arsehole could attempt to scupper a future sale without any realistic chance of raising anywhere near the amount required. Apparently not true.
I could register a wish to buy The Mem when I know what offer has been received and accepted. I then have six months to raise the amount BUT BRFC DO NOT HAVE TO ACCEPT ANY OFFER RECEIVED UNDER THE AVC, so it's all a ploy to delay the ultimate outcome.
I have no doubt that the likes of Carstairs still have things they are keeping quiet about and will spring these at an appropriate time.
Its my understanding, though I stand to be corrected that any one making and offer would under go "due dilligence" and have to prove that they had the means or funding to go through with the purchase. If they were to mislead they would leave themselves open to litigation that would cost them personally and as individuals of a action group, which IF correct would probably stop a "action group" from using delaying tactics.
|
|
|
Post by Topper Gas on Dec 23, 2015 18:28:03 GMT
Apparently not true.
I could register a wish to buy The Mem when I know what offer has been received and accepted. I then have six months to raise the amount BUT BRFC DO NOT HAVE TO ACCEPT ANY OFFER RECEIVED UNDER THE AVC, so it's all a ploy to delay the ultimate outcome.
I have no doubt that the likes of Carstairs still have things they are keeping quiet about and will spring these at an appropriate time.
Its my understanding, though I stand to be corrected that any one making and offer would under go "due dilligence" and have to prove that they had the means or funding to go through with the purchase. If they were to mislead they would leave themselves open to litigation that would cost them personally and as individuals of a action group, which IF correct would probably stop a "action group" from using delaying tactics. Where are you getting that info from as the documents I've seen just suggest an interested party as 6 months to raise the funds, there's no suggestions of due diligence or litigation if they fail. Don't forget the ACL was set up residents to purchase local pubs and the like, not football staduims, god knows how BCC passed this without some kind of open public meeting/debate.
|
|
Angas
Joined: May 2014
Posts: 2,068
|
Post by Angas on Dec 23, 2015 19:37:33 GMT
I read at the time that Ashton Gate had previously been declared an ACL/ACV (or whatever it is) and that seems to have been sufficient for the council to accord us the same honour.
|
|
|
Post by matealotblue on Dec 23, 2015 20:01:23 GMT
I read at the time that Ashton Gate had previously been declared an ACL/ACV (or whatever it is) and that seems to have been sufficient for the council to accord us the same honour. Which I assume would not have stopped Sainsburys turning it into a supermarket if their (original) plans had gone ahead? (Or was this after all that fiasco?)
|
|
Angas
Joined: May 2014
Posts: 2,068
|
Post by Angas on Dec 23, 2015 22:20:32 GMT
|
|
Angas
Joined: May 2014
Posts: 2,068
|
Post by Angas on Dec 23, 2015 22:52:27 GMT
|
|