asahartford1
Well-Known Member
- Joined
- 15 Nov 2016
- Messages
- 8,833
1. CFG own the land with MCC and it is 80/20 in CFG's favour. So CFG are 80% landlord/leaseholder and will get 80% of the rental income.
2. With the recent announcement CFG are now a JV partner with Oak View for the build etc, CFG wil likely benefit 50/50 on future profits from the operation of the arena. The hope is they will be reasonably good.
Cheers, so CFG, rather than MCFC, would be the main beneficiaries if it was a roaring success. Probably as I thought.