Re: D-DAY Monday! : Sun Jul 30, 2017 5:04 pm  

I'm sure if Wakefield Council were owed money they would get it!! Especially if yorkcourt wanted to do business in Wakefield. The city's MPs could do more to encourage the council, they should be reminded that fans would remember it at the next election

Re: D-DAY Monday! : Sun Jul 30, 2017 5:29 pm  

djcool wrote:

I'm sure if Wakefield Council were owed money they would get it!! Especially if yorkcourt wanted to do business in Wakefield. The city's MPs could do more to encourage the council, they should be reminded that fans would remember it at the next election

It's pretty obvious that if they are 'forced' to shell out £10million for a stadium then they probably aren't bothered about doing business in Wakefield. I think you'll find they'd be quickly liqudated and a new company would turn up somewhere like Leeds.

Re: D-DAY Monday! : Sun Jul 30, 2017 5:56 pm  

Sacred Cow wrote:

It's pretty obvious that if they are 'forced' to shell out £10million for a stadium then they probably aren't bothered about doing business in Wakefield. I think you'll find they'd be quickly liqudated and a new company would turn up somewhere like Leeds.

They wouldn't be missed.

Re: D-DAY Monday! : Sun Jul 30, 2017 5:58 pm  

jakeyg95 wrote:

They wouldn't be missed.

They would be missed by whoever had guaranteed the loan.

Re: D-DAY Monday! : Sun Jul 30, 2017 6:03 pm  

Sacred Cow wrote:

It's pretty obvious that if they are 'forced' to shell out £10million for a stadium then they probably aren't bothered about doing business in Wakefield. I think you'll find they'd be quickly liqudated and a new company would turn up somewhere like Leeds.

If the council were so minded, surely their legal team could be a little more pro active and ensure that a company whom were part of the deal to turn green belt land into industrial land, wouldnt be allowed off the hook.
Although it's naive to think that all sorts of companies are very clever about finding loopholes to avoid their obligations, there was a huge chunk of land, re classified on the proviso that a community stadium awa "given" to the people of Wakefield.
If as it appears, they are not going to keep this commitment, what legal options do WMDC have.
I know this doesn't help us with tomorrows deadline but, they appear to be taking the mickey big time and a local authority should have the commercial where with all to enforce the required building work.

Re: D-DAY Monday! : Sun Jul 30, 2017 6:08 pm  

WakiLeaks wrote:

They would be missed by whoever had guaranteed the loan.

That's why the council will never agree unfortunately. I don't think anyone else would miss them if they pitched up in Leeds instead of round here.

Re: D-DAY Monday! : Sun Jul 30, 2017 6:10 pm  

wrencat1873 wrote:

If the council were so minded, surely their legal team could be a little more pro active and ensure that a company whom were part of the deal to turn green belt land into industrial land, wouldnt be allowed off the hook.
Although it's naive to think that all sorts of companies are very clever about finding loopholes to avoid their obligations, there was a huge chunk of land, re classified on the proviso that a community stadium awa "given" to the people of Wakefield.
If as it appears, they are not going to keep this commitment, what legal options do WMDC have.
I know this doesn't help us with tomorrows deadline but, they appear to be taking the mickey big time and a local authority should have the commercial where with all to enforce the required building work.

They could at a guess apply to put the land back into greenbelt and make it pretty much impossible to develop, although the land ownership wouldn't change. Doing that though makes it pretty much wipes out any faint hope of another developer taking it on thanks to all the red tape and expense it creates.

Re: D-DAY Monday! : Sun Jul 30, 2017 6:11 pm  

wrencat1873 wrote:

If as it appears, they are not going to keep this commitment, what legal options do WMDC have.
I know this doesn't help us with tomorrows deadline but, they appear to be taking the mickey big time and a local authority should have the commercial where with all to enforce the required building work.

What can they do until there's another 60,000 sq ft on there? Yorkcourt haven't done anything illegal yet (I don't think so anyway).

Re: D-DAY Monday! : Sun Jul 30, 2017 6:14 pm  

jakeyg95 wrote:

What can they do until there's another 60,000 sq ft on there? Yorkcourt haven't done anything illegal yet (I don't think so anyway).

That's how I understand it. Morally their reluctance to develop anything else and the separate application for new cold is the issue but that doesn't get a stadium built

Re: D-DAY Monday! : Sun Jul 30, 2017 6:17 pm  

jakeyg95 wrote:

That's why the council will never agree unfortunately. I don't think anyone else would miss them if they pitched up in Leeds instead of round here.

I agree entirely.

MC has said that he will more than pay back any interest and, it will cost WMDC nothing.

That is a very noble gesture however, unless he is also willing to stand as guarantor to the loan, presumably moot.

If York Court liquidate or walk away, the council would be left with a loan they couldn't pay.

Presumably without a benefactor, neither could the club.