Mrs Barista wrote:Er, I've given you dates and facts, direct from the Council, which articulate that the Council bought back Craven Park to allow Rovers to continue in operations, and that a peppercorn rental arrangement is in place.
Again no figures given. Just a few online snipppets and rounded generalisations. KCD have a commercial lease with HCC for the land and they in turn own building that are on it ie the stadium. The peppercorn rent, which i beleive is about £12k per year, is paid by Rovers to KCD. Whichever way you look at it the CP deal gives local ratepayers a far better rate of return than the current KC deal as i'm pretty sure KCD will not be running up huge losses just to keep HKR in business. Even if it was one 12th of that it would be a better rate of return and without the imponderables of a management company creaming off the profits and the dependancy on the relative success of its tenants.
Mrs Barista wrote:Neil Hudgell had a moan that FC were enjoying "
Subsidised first class facilities" in his programme notes. In his online interview he said "If we don’t get help in achieving that the longer term picture isn’t great. The club is very important to the people of east hull, and the
politicians and others of influence in this city need to pay due regard to that." The context, of course, is that Rovers have already been assisted. By the council. Bit of bleating going on there IMO. A "hard done to" stance, if you will.
Are you seriously saying FC are not being subsidised and could have got the same commercial deal from a bank?? Seems Hudgy has made a couple of very valid points there in all honesty but he's hardly playing the 'hard done by' card.
Mrs Barista wrote:It's not, but the wailing at the top of the thread was about the taxpayers interests re the KC. I'm struggling to see how, in principle, this is so very different from the arrangements re Craven Park. Council owns asset, council grants lease with conditions, council gets no return. The only real difference appears to be the peppercorn vs commercial lease terms.
Guess you missed the bit where i said
'its about whether the council is safeguarding the interests of its local taxpayers and getting vfm when spending their cash. It seems at both sides of the river this patently has not been the case'Mrs Barista wrote:Indeed. And it seems the Craven Park deal wasn't entirely different.
Indeed it wasn't though on an incredibly smaller scale. Like i said earlier in the thread its not a case of Rovers v Hull here, though it appears you are having a good go at making it one
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Maybe the time has come to mothball CP and bring in a further income stream to the KC. They could certainly do with the cash. Rovers weren't in a position to participate in the original deal, but they certainly are now
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