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 Post subject: Re: Super League Clubs Bid To Buy Odsal
PostPosted: Wed Dec 19, 2018 10:27 pm 
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Nothus wrote:I don't think they are genuine attempts to buy the lease, more like creating a market for it so that the RFL can't be seen to sell it off below market value at some point in the future.


I agree. That’s why rfl should call their bluff whilst “accidentally” leaking their identities.






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 Post subject: Re: Super League Clubs Bid To Buy Odsal
PostPosted: Thu Dec 20, 2018 8:37 am 
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Definite attempt to bump up the price the RFL will put to Chalmers. He's already said he's asked about buying the lease so pure mischief making.

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 Post subject: Re: Super League Clubs Bid To Buy Odsal
PostPosted: Thu Dec 20, 2018 9:26 am 
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I don't even necessarily think they're worried about it being sold back to us in particular.
I'm more inclined to think this is more of the ongoing tension between sle and the rfl and we just happen to be a pawn in the middle of it.

Chalmers does not have the cash to buy the lease back, and the club certainly doesn't either.

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 Post subject: Re: Super League Clubs Bid To Buy Odsal
PostPosted: Thu Dec 20, 2018 10:03 am 
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Nothus wrote:I don't even necessarily think they're worried about it being sold back to us in particular.
I'm more inclined to think this is more of the ongoing tension between sle and the rfl and we just happen to be a pawn in the middle of it.

Chalmers does not have the cash to buy the lease back, and the club certainly doesn't either.


But the person who covered the near 600k loss in the most recent accounts does have the funds to buy the Lease back.

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 Post subject: Re: Super League Clubs Bid To Buy Odsal
PostPosted: Thu Dec 20, 2018 10:11 am 
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The lease itself can only really be worth what it draws in rent and as we were, famously, paying 'peppercorn' before we sold it to the RFL I'm not sure what value would be put on it. The freehold however would be a different story. I'm no property expert but I'd suspect the two leases involved would be the biggest drawback to selling the freehold to an outside bidder.






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 Post subject: Re: Super League Clubs Bid To Buy Odsal
PostPosted: Thu Dec 20, 2018 11:16 am 
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bulls2487 wrote:But the person who covered the near 600k loss in the most recent accounts does have the funds to buy the Lease back.


Without seeing the full accounts it's difficult to comment, but an accounting loss and a cashflow are vastly different things.

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 Post subject: Re: Super League Clubs Bid To Buy Odsal
PostPosted: Thu Dec 20, 2018 11:49 am 
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In the current political and economic climate can’t see the council giving up the freehold unless they got a lot of money for it.

As for the lease I don’t expect us to be playing anywhere else other than a crumbling Odsal for the foreseeable future. There are no other options on the table.

SL club owners that are sticking their oars in would do better to concentrate on their own clubs.






"If you start listening to the fans it won't be long before you're sitting with them," - Wayne Bennett.

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 Post subject: Re: Super League Clubs Bid To Buy Odsal
PostPosted: Thu Dec 20, 2018 2:37 pm 
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Bullseye wrote:SL club owners that are sticking their oars in would do better to concentrate on their own clubs.


Oh I dunno. It would be a jolly jape for them to spend so long with their eye off the ball playing games with our lease that they forget to pay a tax bill and go pop.

Or they may completely forget to submit their annual impotent threat to move out of their ground to the local paper.






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 Post subject: Re: Super League Clubs Bid To Buy Odsal
PostPosted: Thu Dec 20, 2018 3:47 pm 
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Pumpetypump wrote:
Or they may completely forget to submit their annual impotent threat to move out of their ground to the local paper.


There she blows :lol: :lol: :lol: :lol: :lol: :lol:

Brilliant

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 Post subject: Re: Super League Clubs Bid To Buy Odsal
PostPosted: Thu Dec 20, 2018 5:54 pm 
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Pumpetypump wrote:Or they may completely forget to submit their annual impotent threat to move out of their ground to the local paper.


To be fair to them, once licensing got scrapped, they had to replace their equally impotent promise that the ground was getting improved shortly and would definitely be up to standard by the time the license kicked in. Although that one was only every 3 years instead of the annual tradition that you mentioned.

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