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 Post subject: Re: North Stand
PostPosted: Tue Nov 23, 2010 6:07 pm 
Club Coach
First Team Player

Joined: Jul 31 2005
Posts: 1802
berrigans bitch wrote:We were not in the financial situation then as we are now: council jobs being slashed, libraries closing, basically very skint!! KC shares ring a bell :roll:



Good idea, job sorted. Use the KC money and build a proper community stadium in East Hull which after all was what the KC was supposed to be but isn't!
Who knows, we may even get amateur finals on it!!






Mo. "Show Homer the exit Barney"

Barney. "There's an exit?"

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 Post subject: Re: North Stand
PostPosted: Tue Nov 23, 2010 6:09 pm 
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Oh dear, I feel a rather cyclical conversation coming on.






If there is no struggle, there is no progress. Those who profess to favor freedom, and yet depreciate agitation, are men who want crops without plowing up the ground. They want rain without thunder and lightning. They want the ocean without the awful roar of its many waters. This struggle may be a moral one; or it may be a physical one; or it may be both moral and physical; but it must be a struggle.

Frederick Douglas

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 Post subject: Re: North Stand
PostPosted: Tue Nov 23, 2010 6:14 pm 
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pmh wrote:Oh dear, I feel a rather cyclical conversation coming on.


Come on guys and gals - let's prove the goose-man wrong.






'Thus I am tormented by my curiosity and humbled by my ignorance.' from History of an Old Bramin, The New York Mirror (A Weekly Journal Devoted to Literature and the Fine Arts), February 16th 1833.

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 Post subject: Re: North Stand
PostPosted: Tue Nov 23, 2010 6:15 pm 
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Location: the east , red side of hull
Hutchie wrote:Waste of good tax payers money


Edited by GML
No Need for such a comment

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 Post subject: Re: North Stand
PostPosted: Tue Nov 23, 2010 6:41 pm 
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Joined: Jun 04 2009
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berrigans bitch wrote:We were not in the financial situation then as we are now: council jobs being slashed, libraries closing, basically very skint!! KC shares ring a bell :roll:



Thats possibly why Rovers have in essence been granted a 30 year loan rather than a handout like your club got....note the difference :roll:






Standing up to the forum bully.

It must be working, he doesn't like me...i'm devastated

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 Post subject: Re: North Stand
PostPosted: Tue Nov 23, 2010 7:27 pm 
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Joined: Jul 15 2005
Posts: 29816
Location: West Yorkshire
Bertie wrote:Thats possibly why Rovers have in essence been granted a 30 year loan rather than a handout like your club got....note the difference :roll:


I'm not so sure. In FC's case we pay anywhere between £0.5m and £1.0m annually to the SMC, depending on who you believe. I would say that's a commercial rate to pay for the standard of facilities we get and over 50 years we will therefore be paying between £25m and £50m.

Rovers case is different. Hull City Council repurchased the freehold of Craven Park when Rovers went into administration to allow Rovers to continue in business, then put in place a peppercorn lease arrangement of 250 years length. So what you have now, you've basically got for nothing, apart from the improvements made since (assuming they weren't funded by grants etc). The NHS and the RFL are essentially funding the East Stand extension. The arrangements for the North Stand seem to be a grant for £2.3m (to be approved), then £4.2m which comes from central government via the council. From the report in the HDM, payments will be virtually nothing until 2016, then an increased more commercial rate will apply if Rovers' attendances increase. What the contingency arrangements are if the attendances aren't met is not clear, but it may be a possibility that the council has to find the difference to central government?

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 Post subject: Re: North Stand
PostPosted: Tue Nov 23, 2010 7:38 pm 
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Joined: Aug 19 2008
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Set of barstewards Rovers improving facilities and actually paying for them to be done instead of begging the council to pay for it

Or

Ser of Barstewards Rovers are playing in that dump and not upgrading facilities






HULL KINGSTON ROVERS is my religion, Craven Park is my church and Jordan Abdull is my God

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 Post subject: Re: North Stand
PostPosted: Tue Nov 23, 2010 7:57 pm 
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Mrs Barista wrote:I'm not so sure. In FC's case we pay anywhere between £0.5m and £1.0m annually to the SMC, depending on who you believe. I would say that's a commercial rate to pay for the standard of facilities we get and over 50 years we will therefore be paying between £25m and £50m.

Rovers case is different. Hull City Council repurchased the freehold of Craven Park when Rovers went into administration to allow Rovers to continue in business, then put in place a peppercorn lease arrangement of 250 years length. So what you have now, you've basically got for nothing, apart from the improvements made since (assuming they weren't funded by grants etc). The NHS and the RFL are essentially funding the East Stand extension. The arrangements for the North Stand seem to be a grant for £2.3m (to be approved), then £4.2m which comes from central government via the council. From the report in the HDM, payments will be virtually nothing until 2016, then an increased more commercial rate will apply if Rovers' attendances increase. What the contingency arrangements are if the attendances aren't met is not clear, but it may be a possibility that the council has to find the difference to central government?


I'd be delighted if Hull KR were insulated from the risk of disappointing crowds, in the same way Hull FC are rumoured to be. There is a downside to this of course (a 'millstone', the ever erudite Kingston Droolers calls it), but I'd definatedly take it. Not seen any evidence that is case though - which bit of the reports are you referring to? I'll just check if there is a new one...






'Thus I am tormented by my curiosity and humbled by my ignorance.' from History of an Old Bramin, The New York Mirror (A Weekly Journal Devoted to Literature and the Fine Arts), February 16th 1833.

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 Post subject: Re: North Stand
PostPosted: Tue Nov 23, 2010 8:14 pm 
International Board Member
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Joined: Jul 15 2005
Posts: 29816
Location: West Yorkshire
Mild Rover wrote:I'd be delighted if Hull KR were insulated from the risk of disappointing crowds, in the same way Hull FC are rumoured to be. There is a downside to this of course (a 'millstone', the ever erudite Kingston Droolers calls it), but I'd definatedly take it. Not seen any evidence that is case though - which bit of the reports are you referring to? I'll just check if there is a new one...


How odd, you were discussing this with Paul M earlier, as he mentioned from the HDM report: "Also who is paying the interest in the first four years, as Rovers are on a basic rent during this time." This part of the report, which said Rovers rent would be nominal for 4 years then would increase "as and when attendances increase" seems to have been pulled. Very strange. :wink: :lol:

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 Post subject: Re: North Stand
PostPosted: Tue Nov 23, 2010 8:21 pm 
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Joined: Jun 04 2009
Posts: 1437
Mrs Barista wrote:I'm not so sure. In FC's case we pay anywhere between £0.5m and £1.0m annually to the SMC, depending on who you believe. I would say that's a commercial rate to pay for the standard of facilities we get and over 50 years we will therefore be paying between £25m and £50m.

Rovers case is different. Hull City Council repurchased the freehold of Craven Park when Rovers went into administration to allow Rovers to continue in business, then put in place a peppercorn lease arrangement of 250 years length. So what you have now, you've basically got for nothing, apart from the improvements made since (assuming they weren't funded by grants etc). The NHS and the RFL are essentially funding the East Stand extension. The arrangements for the North Stand seem to be a grant for £2.3m (to be approved), then £4.2m which comes from central government via the council. From the report in the HDM, payments will be virtually nothing until 2016, then an increased more commercial rate will apply if Rovers' attendances increase. What the contingency arrangements are if the attendances aren't met is not clear, but it may be a possibility that the council has to find the difference to central government?


Full of if's, buts, assumptions, HDM report and possibilities. :D

One could say, as usual, that your post is based on guesswork, made up assumptions and general heresay but that would be cruel :D






Standing up to the forum bully.

It must be working, he doesn't like me...i'm devastated

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