I seem to recall that MCC offered the stadium to the Sheikh when the period of austerity was upon us.I stand corrected. I think it’s £4mill+ now. I’ll try and find the details. You maybe right?
Seriously, come on, 90,000 job opportunities?
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Are there any building projects in the history of the world that have created 90,000 job opportunities?
The pyramids in Egypt maybe?
Hadrians Wall?Seriously, come on, 90,000 job opportunities?
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Are there any building projects in the history of the UK, never mind Gtr Manchester, that have created 90,000 job opportunities?
Hadrians Wall?
Really Andy?
Is that why City will pay £1bill over the 250 year lease deal for the Etihad stadium.
If City hadn’t moved to the City of Manchester stadium, as it was renamed, and paid for the North stand construction, the 2002 Commonwealth Games stadium would have remained a White Elephant.
Apart from that Andy, what other financial help have City received from you, that you are desperately trying to get for United?
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Yes please! Checkpoints and gun towers on the Manchester side too.The Great Trafford Wall of Andy Burnham.
Contributed fuck all to anybody other than himself.We all know what he’s contributed to City. Fuck all
And it looks like he wears mascara….Contributed fuck all to anybody other than himself.
The sanctimonious self serving twat
Is that why City will pay £1bill over the 250 year lease deal for the Etihad stadium.
COMS cost £110M
77M came from Sport England
33M from MCC
City gave Maine Road to the council for development for housing and also agreed a 250 year lease payment based on attendance figures, which was renegotiated to a flat £3M PA fee a few years ago, plus City stumped up several million to complete COMS so football could be played
I think in total, including MR, City paid £33M
For its investment into the Commonwealth stadium, which would never had been built unless someone had agreed to take it over following the games, MCC received Maine Road and continues to receive the lease payments, which are now £3M PA and will have easily covered the £33M MCC paid back in 2000-2002
Really Andy?
Is that why City will pay £1bill over the 250 year lease deal for the Etihad stadium.
If City hadn’t moved to the City of Manchester stadium, as it was renamed, and paid for the North stand construction, the 2002 Commonwealth Games stadium would have remained a White Elephant.
Apart from that Andy, what other financial help have City received from you, that you are desperately trying to get for United?
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I understand the point about it being ultimately a very good deal for the council, considering the way other athletic event stadiums have failed.
However, would City have been able to move to a newer stadium, or even properly redevelop Maine Road, without the Commonwealth Games? There's an argument that without the move, we wouldn't have been such an obvious target for our current owners either.
I see it that we got significant benefit from the move, even if, ultimately we'll have given a lot of money back, in part because of the takeover, and our success since.
With the United project, it's clearly part of something much bigger, and, you'll know more than anyone, that stadium costs have also moved on hugely since ours was built. I'd agree that we shouldn't expect taxes to pay for a significant part of the actual build. However, it wouldn't surprise me if United are expecting to spend well north of £1bn themselves, and if the overall Trafford regeneration is worth many times that, then surely we'd expect the local authorities to be working in some kind of partnership with them, even if that means that some taxpayer money benefits them in some way?
He commented on Everton after their decision had been made. No one is commenting of City’s charges on the record as it is an ongoing process.
It’s just fans and journalists inferring stuff and regurgitating the same non-points that keep the conversation ongoing perpetually.
City won't pay anywhere near 1 billion quid under the lease. The club has an option to buy the lease with rent already paid being set off against the purchase price.
That hasn't happened so far, because the money would go to Sport England. However, that stipulation ceases after a set period, which I believe is 25 years but the information isn't in the public domain. As I've posted on here before, the source for this information is David Bernstein at a meeting in Portcullis House, Westminster in January 2003.
You'll probably see the club buy out the lease after the deadline for paying Sport England expires. I suspect we may well transfer the lease to the ownership of the JV owned by the Council and the club in line with other land in and around the Campus, but let's see on that.
These figures aren't right, I'm afraid. I'm about to disappear for the evening but will look out the correct ones tomorrow morning. However, I can say for a start that COMS cost GBP 130 million, with Sport England paying an extra GBP 20 million to cover cost overruns before the Games.
Moreover, David Conn reported back in the day, and I think he's right, that the current annual rent is GBP 4 million. That includes a payment of GBP 1 million for the right to dispose of stadium naming rights. And I don't know why you think it should be measured how much of MCC's contribution the club has paid back but lottery funding ignored. I personally disagree, anyway.
From memory, but subject to subsequent clarification, City have currently paid about GBP 80 million of the GBP 130 million total cost of the stadium. When we end up owning it, we'll have more than paid the construction and conversion costs, unlike that catastrophe at West Ham, which has been and remains a huge drain on the public purse.
And if he doesn’t, I will call it out then.He’ll say fuck all when we are cleared, he’s a typical self serving snide ****!
City won't pay anywhere near 1 billion quid under the lease. The club has an option to buy the lease with rent already paid being set off against the purchase price.
That hasn't happened so far, because the money would go to Sport England. However, that stipulation ceases after a set period, which I believe is 25 years but the information isn't in the public domain. As I've posted on here before, the source for this information is David Bernstein at a meeting in Portcullis House, Westminster in January 2003.
You'll probably see the club buy out the lease after the deadline for paying Sport England expires. I suspect we may well transfer the lease to the ownership of the JV owned by the Council and the club in line with other land in and around the Campus, but let's see on that.
These figures aren't right, I'm afraid. I'm about to disappear for the evening but will look out the correct ones tomorrow morning. However, I can say for a start that COMS cost GBP 130 million, with Sport England paying an extra GBP 20 million to cover cost overruns before the Games.
Moreover, David Conn reported back in the day, and I think he's right, that the current annual rent is GBP 4 million. That includes a payment of GBP 1 million for the right to dispose of stadium naming rights. And I don't know why you think it should be measured how much of MCC's contribution the club has paid back but lottery funding ignored. I personally disagree, anyway.
From memory, but subject to subsequent clarification, City have currently paid about GBP 80 million of the GBP 130 million total cost of the stadium. When we end up owning it, we'll have more than paid the construction and conversion costs, unlike that catastrophe at West Ham, which has been and remains a huge drain on the public purse.