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General Category => Altrincham FC First Team => Topic started by: Jezza on November 16, 2017, 01:46:47 PM
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Been locked out of their ground by a seemingly git of a developer landlord....say they need 10k to get through groundsharing and moving costs before moving back to skem in future.
Should the club/fans organise a bucket collection...invite skem fans to do one or leave it for individual fans to donate to their crowdfunding if they see fit?
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Another wealthy owner >:(
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Been locked out of their ground by a seemingly git of a developer landlord....say they need 10k to get through groundsharing and moving costs before moving back to skem in future.
Should the club/fans organise a bucket collection...invite skem fans to do one or leave it for individual fans to donate to their crowdfunding if they see fit?
I'd say leave it to individual fans. If it were Trafford, I'd say perhaps we could or should do something
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Is this a case of 'be careful what you wish for'?
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Is this a case of 'be careful what you wish for'?
Exactly.
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Is this a case of 'be careful what you wish for'?
Exactly.
Entering into a time limited lease with a private landlord without rollover provision - who in their right mind would wish for that? Thankfully such a situation has never existed at Alty by virtue of the fact that our ground is owned by the local authority and leased to us with the added protection of a restrictive covenant. Even majority shareholders of our club with property development expertise have been unable to circumvent that.
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Is this a case of 'be careful what you wish for'?
Exactly.
Entering into a time limited lease with a private landlord without rollover provision - who in their right mind would wish for that? Thankfully such a situation has never existed at Alty by virtue of the fact that our ground is owned by the local authority and leased to us with the added protection of a restrictive covenant. Even majority shareholders of our club with property development expertise have been unable to circumvent that.
Quite right. I assume your last paragraph refers to Maunders, since he went all the club officials since have only sought to enhance the protection and achieved two lease extensions and we now have about a 78 year lease.
Good governence that,... but also partly why wealthy property investors have been put off investing in the club, thats either a good thing or a bad one depending on your viewpoint.
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Is this a case of 'be careful what you wish for'?
Exactly.
Entering into a time limited lease with a private landlord without rollover provision - who in their right mind would wish for that? Thankfully such a situation has never existed at Alty by virtue of the fact that our ground is owned by the local authority and leased to us with the added protection of a restrictive covenant. Even majority shareholders of our club with property development expertise have been unable to circumvent that.
Quite right. I assume your last paragraph refers to Maunders, since he went all the club officials since have only sought to enhance the protection and achieved two lease extensions and we now have about a 78 year lease.
Good governence that,... but also partly why wealthy property investors have been put off investing in the club, thats either a good thing or a bad one depending on your viewpoint.
Correct Ian, as a founder member of SAFE I became well acquainted with Trafford MBC Legal Dept! The Lease extensions have been an excellent development for the club, principally enabling it to access grant monies which are linked to length of tenure. The Skem issue relates to their insecurity of tenure rather than term. As for non league clubs in leafy residential areas and property investors who have a 'dream of league football'. - we all know how that story ends.
-
Is this a case of 'be careful what you wish for'?
Exactly.
Entering into a time limited lease with a private landlord without rollover provision - who in their right mind would wish for that? Thankfully such a situation has never existed at Alty by virtue of the fact that our ground is owned by the local authority and leased to us with the added protection of a restrictive covenant. Even majority shareholders of our club with property development expertise have been unable to circumvent that.
Quite right. I assume your last paragraph refers to Maunders, since he went all the club officials since have only sought to enhance the protection and achieved two lease extensions and we now have about a 78 year lease.
Good governence that,... but also partly why wealthy property investors have been put off investing in the club, thats either a good thing or a bad one depending on your viewpoint.
Correct Ian, as a founder member of SAFE I became well acquainted with Trafford MBC Legal Dept! The Lease extensions have been an excellent development for the club, principally enabling it to access grant monies which are linked to length of tenure. The Skem issue relates to their insecurity of tenure rather than term. As for non league clubs in leafy residential areas and property investors who have a 'dream of league football'. - we all know how that story ends.
You are spot on as usual. The 80yr lease req't only applied to one of the grants for the CSH, the PL and FF ones were much less.