Re: Stadium Redevelopment : Fri Apr 21, 2017 5:21 pm  

PFI`s will always cost the borrower more than a "normal" type of loan and heavy penalties can come the way of the borrower if additional work is required. Pinderfields Hospital is a prime example of the disaster it can get you into.
Other than it is our only option I would advise against this approach which pretty much sums up our position.
Lottery grants, LCC and smaller investors would be the way to go.
But that got us nowhere.
Could the private company be Caddick`s by any chance?

Re: Stadium Redevelopment : Sat Apr 22, 2017 9:09 am  

My money's on Caddick. Lend the money do the build and count the cash. What could possibly go wrong????

Re: Stadium Redevelopment : Sat Apr 22, 2017 7:00 pm  

chapylad wrote:

Could the private company be Caddick`s by any chance?

xparksider wrote:

My money's on Caddick. Lend the money do the build and count the cash. What could possibly go wrong????

it's strange that the investor's name has not been revealed but i wouldn't be surprised if it was caddick.
imagine the scenario:
he loans the money for stands quoted at at a vastly inflated price,and then builds them both himself at a fraction of the cost quoted,and then reaps the rewards of inflated repayments with added interest

Re: Stadium Redevelopment : Sat Apr 22, 2017 9:49 pm  

I wonder when they are going to release a statement as to when its going to start and the playing arrangement?

Re: Stadium Redevelopment : Sat Apr 22, 2017 10:53 pm  

It goes for final approval in June. If it's approved, building work starts in September.

Re: Stadium Redevelopment : Sat Apr 22, 2017 11:16 pm  

Charlie Sheen wrote:

It goes for final approval in June. If it's approved, building work starts in September.

thanks

Re: Stadium Redevelopment : Sun Apr 23, 2017 7:46 am  

If Caddick wanted to extract money from Leeds he could do it quite easily (and has in the past). If he wanted to extract money from Yorkshire there are a lot easier ways of doing it than this - the shared stand is to be built largely on land Leeds own after all. I think it would have become apparent a lot earlier than now if he was the funder.

Re: Stadium Redevelopment : Thu Apr 27, 2017 5:31 pm  

I heard today that the club will have the lower tiers of both the south and north stands open for the start of the 2018 season and that both will be standing room only.Construction will continue as normal whilst the top tiers of both stands are completed before the seating in the lower tier of the north stand is installed.

If true then this should enable the club to full fill it's home games without moving away from Headingley,although i'm not sure if the club will be able to temporarily allocate seats in the Carnegie stand for current north stand season ticket holders?

Re: Stadium Redevelopment : Fri Apr 28, 2017 10:11 am  

The Biffs Back wrote:

I heard today that the club will have the lower tiers of both the south and north stands open for the start of the 2018 season and that both will be standing room only.Construction will continue as normal whilst the top tiers of both stands are completed before the seating in the lower tier of the north stand is installed.

If true then this should enable the club to full fill it's home games without moving away from Headingley,although i'm not sure if the club will be able to temporarily allocate seats in the Carnegie stand for current north stand season ticket holders?

They must be do to ask you to renew your season ticket it is nearly May

Stadium development thread 2 : Thu May 18, 2017 6:14 pm  

I note in today's times that lords are insisting on staging 2 test matches . This at the same time the cricket board are planning to reduce the number of 5 day test matches.
With potentially 2 matches at lords 1 at the oval ,plus Birmingham, Manchester, and maybe Nottingham. Does not bode well for Leeds. So it looks like Leeds would have to make do with t 20 or one day matches.
Would the revenue from these matches justify the cost of the ground developments. Highly unlikely.