Andy Burnham | Manchester Mayor

Gone for a Burton said:
The differentiator between us, Everton,Newcastle etc.....along with Cookie !!
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The differentiation between us, and Everton/Newcastle was that those two clubs behaved like dickheads when the approach was made, whereas we were fucking desperate so Garry Cook did his absolute best to make it happen.

We should build a statue to Garry. In fact make it another Bell, Lee & Summerbee triple-header with the two Bernsteins, as those three kept our club alive when it could easily have gone under.
 
Prestwich_Blue said:
This is simply wrong. They wanted and were quite prepared to spend whatever it took to build a new stadium even in 2008. Us being at Maine Road would have given them the perfect reason to do that.

Sport England's legal interest in the Etihad expires in 2028, so we'll see what happens then. The Etihad's effective economic life 50 years, so we'll be halfway there at that point.
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What are the implications of SE legal interest ending in 2028?
 
Prestwich_Blue said:
The differentiation between us, and Everton/Newcastle was that those two clubs behaved like dickheads when the approach was made, whereas we were fucking desperate so Garry Cook did his absolute best to make it happen.

We should build a statue to Garry. In fact make it another Bell, Lee & Summerbee triple-header with the two Bernsteins, as those three kept our club alive when it could easily have gone under.
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That PowerPoint preso should be in the trophy room.
 
Prestwich_Blue said:
The differentiation between us, and Everton/Newcastle was that those two clubs behaved like dickheads when the approach was made, whereas we were fucking desperate so Garry Cook did his absolute best to make it happen.

We should build a statue to Garry. In fact make it another Bell, Lee & Summerbee triple-header with the two Bernsteins, as those three kept our club alive when it could easily have gone under.
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PB.

Have you got any idea at all of how much the Etihad stadium would cost to buy minus our investment in it?

Do you know if it’s a set price when we agreed to lease the stadium, or is it the increased value of the stadium over time, to the point when we can buy it?
 
jrb said:
If anyone wants to skim through the report?


Oxford Economics found that:

  • Developing a new stadium at Old Trafford and regenerating the local area and Trafford Wharfside could generate £7.3 billion in GDP contributions to the UK economy, supporting nearly 92,000 jobs.
  • £5.0 billion of this impact would arise within Greater Manchester, as well as nearly 62,000 of the jobs.

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Just like the Premier League no supporting evidence to make a case. All estimates without substance.
 
jrb said:
PB.

Have you got any idea at all of how much the Etihad stadium would cost to buy minus our investment in it?

Do you know if it’s a set price when we agreed to lease the stadium, or is it the increased value of the stadium over time, to the point when we can buy it?
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I doubt there can be a factoring in of the value of the stadium since it’s City’s owners who have invested in the stadium and increased its value.
 
jrb said:
PB.

Have you got any idea at all of how much the Etihad stadium would cost to buy minus our investment in it?

Do you know if it’s a set price when we agreed to lease the stadium, or is it the increased value of the stadium over time, to the point when we can buy it?
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I've no idea to be honest. All I know is that petrusha said David Bernstein had told the London OSC that we could buy out the lease, after 25 years, minus rent paid. That wouldn't involve very much money if my arithmetic is correct, as the current liability under the lease is just over £63m.
 
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Who is paying to build the new freight depot at st Helens ?
Who is buying the old freight depot where they want to move to?
Surely it is year's down the line
 
jrb said:
If anyone wants to skim through the report?


Oxford Economics found that:

  • Developing a new stadium at Old Trafford and regenerating the local area and Trafford Wharfside could generate £7.3 billion in GDP contributions to the UK economy, supporting nearly 92,000 jobs.
  • £5.0 billion of this impact would arise within Greater Manchester, as well as nearly 62,000 of the jobs.

Click to expand...
Like the club and project, utter bollocks

Sir Jim Ratcliffe must put Erik ten Hag out of his misery
 
Prestwich_Blue said:
I've no idea to be honest. All I know is that petrusha said David Bernstein had told the London OSC that we could buy out the lease, after 25 years, minus rent paid. That wouldn't involve very much money if my arithmetic is correct, as the current liability under the lease is just over £63m.
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Thanks.

Can you imagine if City bought the Etihad for that price.

That would cause utter meltdown amongst rival fans..

Saying that, City must have invested £400mill-£500mill in the Etihad stadium since the lease began after the Commonwealth Games. And Close to 100mill in rent.

Bang goes the on-going myth that City got a free stadium.
 
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Prestwich_Blue said:
Petrusha mentioned this a while back but I know that this was a barrier to building a new stadium back in 2008. So, as I understand it, ownership effectively passes to us after 25 years, meaning we can knock it down if necessary.
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Prestwich_Blue said:
I've no idea to be honest. All I know is that petrusha said David Bernstein had told the London OSC that we could buy out the lease, after 25 years, minus rent paid. That wouldn't involve very much money if my arithmetic is correct, as the current liability under the lease is just over £63m.
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I'm afraid this doesn't accurately reflect what I've said at any time. Bernstein told the Westminster OSC that City have a right in the lease to purchase the freehold. The price would be based on a formula that took account of the cost of the stadium, with a set-off of rent already paid as at the time when we exercised the option.

He didn't specify any time limitation for the option to purchase. He expressed the personal view that it wouldn't be financially viable for the club for at least two or three decades, though the arrival of the current ownership was a game-changer in that regard.

The figure of 25 years is important, but for a different reason. As is common with Sport England projects, the agreement between that body and MCC contained a condition requiring the Sport England grant funding to be repaid if, within that period, the facility either passed into private ownership or ceased to operate on the terms similar to or better than those agreed in connection with the provision of the grant.

At least my memory is that the relevant figure after which grant funding is repayable is 25 years. I've seen it elsewhere as well, and someone posted it on here recently, though not a contributor I instantly recognised.

City could easily have bought the stadium in 2009 as the amount required to do so at that time, even if in line with my recollection it would have been over GBP 100 million, represented small change for the new City ownership. But that money would have gone to Sport England and not the Council, while the latter would have lost its right to annual rent.

Thus, City didn't buy the stadium in the interests of maintaining the club's relationship with the Council. However, that consideration could soon cease to exist because, if 25 years is the relevant deadline for any grant funding to be repayable to Sport England, then obviously we'll go past that date in the late 2020s. Let's see.
 
Prestwich_Blue said:
The differentiation between us, and Everton/Newcastle was that those two clubs behaved like dickheads when the approach was made, whereas we were fucking desperate so Garry Cook did his absolute best to make it happen.

We should build a statue to Garry. In fact make it another Bell, Lee & Summerbee triple-header with the two Bernsteins, as those three kept our club alive when it could easily have gone under.
Click to expand...
100% ....along with J & D
 
bluekeith said:
Who is paying to build the new freight depot at st Helens ?
Who is buying the old freight depot where they want to move to?
Surely it is year's down the line
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Tritax Big Box appear to have acquired the land for the new depot and have the development plans. There are quite a few of these Strategic Rail Freight Interchanges (SRFI) planned around the country. The coalition government in 2011 pushed for them to be developed, so yes it’s a very slow process.
 
jrb said:
If anyone wants to skim through the report?


Oxford Economics found that:

  • Developing a new stadium at Old Trafford and regenerating the local area and Trafford Wharfside could generate £7.3 billion in GDP contributions to the UK economy, supporting nearly 92,000 jobs.
  • £5.0 billion of this impact would arise within Greater Manchester, as well as nearly 62,000 of the jobs.

Click to expand...
Lots of ifs, buts, maybes, possibles, could haves, would haves, should haves etc.
 
Scaring Europe to Death said:
The Government could also subsidise the extension of the tram line from the Etihad to Bredbury/Stockport
After all it would create jobs and take cars off the road.
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The Metrolink extension from Didsbury to Stockport is being costed as part of a £1bill business case to the Government for funding.

The total cost of expanding the Metrolink to Stockport could be as high as £1 billion, and a business case is considered a vital step to securing funds for the work.

Loads of adds. It’s a shit website.

www.manchestereveningnews.co.uk

Latest on the Metrolink network being expanded to Stockport

Transport bosses have shared a major update.
www.manchestereveningnews.co.uk www.manchestereveningnews.co.uk
 
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