saint at wire wrote:
Well he obviously thinks he is in a strong position. I thought he would want debt forgiveness but I'm surprised about the stadium.
Can't see him getting this deal as stated above, but on the plus side it seems he definately wants to do a deal. Peel need a viable tenant so perhaps a JV with them on the stadium might be the end result.
Hope it all works out for you.
Stadiums .. I wouldn't know If their value increases after build , I haven't bought any recently
The SL season is 15 days away , the council have millions tied up in the Stadium Development with Peel. millions they could use now , If they don't do a deal , they could end up with a 12,000 seat stadium & no one to play in it , especially if the RU club crash out of the Avviva League. If they do cut a deal , they get slagged off for losing money. deal or no deal eh.. It's RL monopoly , do they mortgage their Hotels on Mayfair . or hope someone elso rolls a 6 and lands on it .
The Council / RFL have vested interest to move quickly , doubt Peel could be hurried though.