|
|
Post by Ffs Ling on Jul 5, 2014 18:58:16 GMT
I've just been reading something about the Orient takeover bid and why it's taking so long
Apparently BH will retain Orients ground as part of the deal and in his words on twitter Leyton Orient will become secure tenants
What do you think folks?
|
|
smiffy
The Fat Fryer
Posts: 34 
|
Post by smiffy on Jul 5, 2014 19:13:44 GMT
I've just been reading something about the Orient takeover bid and why it's taking so long Apparently BH will retain Orients ground as part of the deal and in his words on twitter Leyton Orient will become secure tenants What do you think folks? As with all of this I suspect there is an element of truth and conjecture. BH said he wants to stay with the club and possibly with some financial contribution; this seems as though it may be covering the rent which effectively doesn't exist in this scenario. This is also why the PL challenge was dropped I suspect, what does bother me though is if the new owners spend money on the ground such as a new East Stand they don't really get any returns from it, although that said it is dead money anyway as the new stand would only have been demolished in a ground sale. It seems now the only thing we are waiting for is the ratification from the FL to complete the takeover. |
|
|
|
Post by Ffs Ling on Jul 5, 2014 19:47:07 GMT
It's an interesting but confusing conundrum of rumours speculation etc at the moment smiffy
I just hope all this delay is not going to unsettle the squad old and any new that maybe joining us the seasons getting close surely a confirmation will be made early next week
|
|
|
|
Post by osmygoodgawd on Jul 5, 2014 21:02:22 GMT
The term wanting your cake and eat it, spring to mind
Why would anyone buy a football club without the ground?
|
|
|
|
Post by Ffs Ling on Jul 5, 2014 21:04:56 GMT
The term wanting your cake and eat it, spring to mind
Why would anyone buy a football club without the ground? I agree it does seem slightly odd |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jul 5, 2014 21:15:10 GMT
Maybe the terms of the contract include a lease agreement at low rent say for 5 years to give the new owner opportunity to either find another ground or buy out Bazza depending on the success or otherwise of the club.
|
|
|
|
Post by Ffs Ling on Jul 5, 2014 21:31:53 GMT
Maybe the terms of the contract include a lease agreement at low rent say for 5 years to give the new owner opportunity to either find another ground or buy out Bazza depending on the success or otherwise of the club. According to Barry Hearn on twitter it would be a 99 year lease |
|
|
|
Post by crusade on Jul 5, 2014 23:27:59 GMT
That has been the deal all along, Hearn will still own Brisbane Road, he is just selling his shares in the club. As with everything that involves our Chairman it is always complicated and long winded. Until the deal is signed I won't believe it.
|
|
