NG32 Posted February 23, 2018 Share Posted February 23, 2018 I thought the club owns the Stadium, just not the land its on? Yeah, the land is leased to NUFC. Link to post Share on other sites More sharing options...
pinkeye Posted February 23, 2018 Share Posted February 23, 2018 Yes, the above seems to be the correct situation. Very long term lease on the land that the stadium stands on. I think that some of the surrounding land is owned by Ashley personally. Link to post Share on other sites More sharing options...
cp40 Posted February 23, 2018 Share Posted February 23, 2018 I bet plenty Mackems who go on about that own leasehold properties- and still consider they own them. Link to post Share on other sites More sharing options...
xLiaaamx Posted February 23, 2018 Share Posted February 23, 2018 Yes, the above seems to be the correct situation. Very long term lease on the land that the stadium stands on. I think that some of the surrounding land is owned by Ashley personally. Nah, he just stole some of the leases from NUFC Link to post Share on other sites More sharing options...
NG32 Posted February 23, 2018 Share Posted February 23, 2018 I bet plenty Mackems who go on about that own leasehold properties- and still consider they own them. Its mackem logic tho. Link to post Share on other sites More sharing options...
Guest covmag Posted February 23, 2018 Share Posted February 23, 2018 if Hull get anything more than a defeat tonight it's another nail in them Howay Hull :indi: Link to post Share on other sites More sharing options...
Altamullan Posted February 23, 2018 Share Posted February 23, 2018 I thought the club owns the Stadium, just not the land its on? So applying makemathics, if you have paid off your mortgage on your leasehold property, you are still renting? Love that place; you learn something new everyday (mainly not to bother visiting/mocking the afflicted). Link to post Share on other sites More sharing options...
Matt Posted February 23, 2018 Share Posted February 23, 2018 He's not giving it away for free, he wants £69m for it. His shareholder loan will be subordinated to the amounts owed to Guggenheim, who are probably getting ready to cut him off. This is his last chance to maximise what he will get back. Link to post Share on other sites More sharing options...
Elric Posted February 23, 2018 Share Posted February 23, 2018 I thought the club owns the Stadium, just not the land its on? So applying makemathics, if you have paid off your mortgage on your leasehold property, you are still renting? Love that place; you learn something new everyday (mainly not to bother visiting/mocking the afflicted). Apropos of nothing, the overlap between Keegan and Robson in your avatar looks like some kinda weird conjoined twin (where one has apparently aged quicker than the other). It's the shared eye-space between them Actually, thinking of it, it's not unrelated to the discussion at all. Seems the perfect outlet to discuss hideous mutants* *relating to the picture mash-up only, obvs. There have never been two finer men. Link to post Share on other sites More sharing options...
Altamullan Posted February 23, 2018 Share Posted February 23, 2018 Haha. What a hybrid the combined best attributes of those four would make though! Link to post Share on other sites More sharing options...
Ankles Bennett Posted February 23, 2018 Share Posted February 23, 2018 If they go down, I think they will be down there for a while. Crowds will decrease even more and the team will be filled with journeymen league two and one players managed by similar. It will be. Long road back for them. I disagree They have a very good academy which would in my opinion do very well playing in league one. You just have to look at Armstrong in league one with Coventry and now Blackburn especially when their u18s regularly stuff ours. Link to post Share on other sites More sharing options...
loki679 Posted February 23, 2018 Share Posted February 23, 2018 The PL is the gravy train for investors, nobody is going to stick £140m up when the minimum time to get back there is potentially two years. Link to post Share on other sites More sharing options...
Wallsendmag Posted February 23, 2018 Share Posted February 23, 2018 If they go down, I think they will be down there for a while. Crowds will decrease even more and the team will be filled with journeymen league two and one players managed by similar. It will be. Long road back for them. I disagree They have a very good academy which would in my opinion do very well playing in league one. You just have to look at Armstrong in league one with Coventry and now Blackburn especially when their u18s regularly stuff ours. Their Academy side hardly tore the Checkatrade Trophy apart against league One and Two sides. Link to post Share on other sites More sharing options...
Paully Posted February 23, 2018 Share Posted February 23, 2018 https://twitter.com/jonnymartin1/status/966951619572121601 Link to post Share on other sites More sharing options...
Wilky Posted February 23, 2018 Share Posted February 23, 2018 Yes, the above seems to be the correct situation. Very long term lease on the land that the stadium stands on. I think that some of the surrounding land is owned by Ashley personally. The not owning our stadium is the biggest mackem myth going and demonstrates a lack of knowledge on property. SJP, like a lot of buildings in the city centre is leased by the council on 99 or 999 year leases. The rent is referred to as a 'peppercorn' as it is a derisory figure as it is also referred to as an 'effective freehold'. Anyone who owns or mortgages a flat (other than Tyneside flats as they have a unique arrangement) according to mackems doesn't own said flat because you cannot have a 'flying freehold' (unless you have a commonhold with others in the flat block but that is rare). In both scenarios you have security of tenure and every 15 to 20 years have the right to renew the lease based on a formula. If you leave it 99 years the money will be a sum equivalent to the market value of the site but the majority of people aren't daft enough so will renew it ever 15-20 years. The Landlord (the council) cannot take the lands back or refuse a renewal of the lease. Its such a non issue but reflects the fact the land our stadium is on is prime city centre land and the land their stadium is on is........ Link to post Share on other sites More sharing options...
ScottishMagpie Posted February 23, 2018 Share Posted February 23, 2018 https://twitter.com/jonnymartin1/status/966951619572121601 Link to post Share on other sites More sharing options...
ianovthetoon Posted February 23, 2018 Share Posted February 23, 2018 I can’t find the link now but someone on ready to Groom went to the trouble of writing a fake news story saying Dickie Branson was taking over 😂😂😂😂. Link to post Share on other sites More sharing options...
BlackandWhite Posted February 23, 2018 Share Posted February 23, 2018 Nice to see Villarreal, like the majority of other clubs, have much higher morals than these fucking sucmbags by suspending Semedo. Had he been a Sunderland play he’d still be playing and the fans would be chanting and raving about him still. Even if he was to be found guilty they’d still try and blame the victim. Link to post Share on other sites More sharing options...
Shays Given Tim Flowers Posted February 23, 2018 Share Posted February 23, 2018 I mean he is in jail. Link to post Share on other sites More sharing options...
BlackandWhite Posted February 23, 2018 Share Posted February 23, 2018 I mean he is in jail. Only point I was making of course is that they at least done something. Sunderland held on to Johnson for as long as possible and done nothing even when it was obvious he was guilty. Even after he is a proven criminal they still defend him to this day (the fans). Link to post Share on other sites More sharing options...
Guest chopey Posted February 23, 2018 Share Posted February 23, 2018 Hull creeping away tonight. Link to post Share on other sites More sharing options...
Figures 1-0 Football Posted February 23, 2018 Share Posted February 23, 2018 Hull winning. Birmingham beat Barnsley tomorrow. mackems lose to Boro tomorrow. Hull beat Barnsley on Wednesday (or draw) 7 points from safety Link to post Share on other sites More sharing options...
Ketsbaia Posted February 23, 2018 Share Posted February 23, 2018 Hull creeping away tonight. Birmingham v Barnsley tomorrow too Link to post Share on other sites More sharing options...
Altamullan Posted February 23, 2018 Share Posted February 23, 2018 Four point gap? Link to post Share on other sites More sharing options...
Figures 1-0 Football Posted February 23, 2018 Share Posted February 23, 2018 What a lovely evening. Link to post Share on other sites More sharing options...
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