Then they would be making a profit for ever which they can plough back into local services that are being cut.

Not sure I'm explaining this correctly

Has this been discused with the council yet?.If it were to be accepted what are the chances of being in the new stadium by 2019.

Is this still talking about NM? Would a stadium be better in a residential area or an industrial area? If a residential area?, It would give YorkCourt more space to build units

[*ii

Right okay, think I'm with you now. Would you effectively be wanting the council to act as guarantor on a loan? I guess the council would be put off by the fact we could be relegated at any point which I presume would change things? Or are interest rates low enough for that not to particularly matter? I imagine the only nightmare scenario for the council would be us being relegated and interest rates rising.

The fact they have already borrowed this money means they are unlikely to borrow more with no guarantees of getting it back given Yorkcourts track record, the risk is probably too high given the constant cuts they have faced. And they can't loan it to the trust as they don't earn any revenue. Whilst a nice idea a non-starter really.

It's not a loan guarantee. The Council take out the loan in their name and the Developer pays the Council from the planning gain so it costs the Council nothing. Unless of course the Developer fails to pay the Council.

And it's that last sentence that is the killer.

Which is why, like Castlefords deal, the stadium should have come before anything else!

The council won't take the risk, but they are quite happy to risk the future of the City's only pro sports club!

Factor in the second 'Trust', and I think it becomes clear how difficult this all is!

That's why I keep going back to the original agreement, and making the council sort their mess out
The developer can't be trusted to do anything, but that's the councils problem, they made a bum deal will a bunch of cowboys, (who have got their cake and eaten it), in the first place and are making everyone else suffer for it.

I think everyone sees that now, but it isn't and we are where we are. The big factors are how much Yorkcourt are currently able to commit (as numerous people have said they simply can't afford to pay the full £10 million) and how much value there is to them in developing all of the land at Newmarket. Would they be open to some sort of deal for say a 10,000 capacity stadium, funded by the £2 million from the council and then say £4 million from Yorkcourt plus the council loaning the other £4 million with the club paying the council say £30k-£40k a year which would be in excess of the interest on that loan (at current interest rates anyway). Yorkcourt, who have presumably been biding their time hoping we go away without them having to build anything, are then free to develop the remaining land, which would presumably make them well in excess of £8 million long term meaning they could pay back the council in full and have a nice profit on top. Or is that too optimistic?

I've heard a rumour that the whole Newmarket site is potentially worth £300 million...don't know if that is anywhere near the mark or not, though ???

It certainly should have come first, yet hindsight is a wonderful thing. What we didn't bank on is the developer being as much of a pain in the backside. And because of that the council shouldn't take the loan risk, as a council tax payer i don't want my money to be propping up companies like them who can't or won't pay their way. The money will disappear and the rest of Wakefield will pick up the tab. Community stadium or not sadly most aren't fussed whether its gets built or not but they sure as hell don't want their tax bill going up because of it. Not a way to make friends and influence people. And as has been mentioned, every other organisation i. The district will be wanting the same treatment.

The new trust has definately muddied the water further but i hope a compromise can be found. If we hold out for the original deal and that deal only then we may as well fold the cards now, it's pretty plain that it isn't going to happen. There has to be middle ground though where all can gain some benefit even if its not exactly what either side would want in a perfect world. As long as the club can grow, even if it's at a slightly slower rate than we would initially liked, then it is better than the alternative.

There is a potential deal that would deliver a 10,000 capacity stadium which we all thought was going to come to fruition after Peter Box's announcement in the Council chamber of a new multi party Section 106 Agreement. The Trust met with Yorkcourt and everything seemed to be on track for the end of July deadline.

Then Roderrs appears back on the scene with allegedly a new Trust that still has not been registered with Companies House and the Developer claiming he only wants to work with Roderrs Trust.

Peter Box now calls for a merging of the Trusts. What a load of nonsense.

The solution is simple. The Council tell the Developer that they are dealing with the Trust that they established in 2009 and not Rodney's Trust. Either Rodney accepts the invitation to rejoin the Trust he Chaired foe 7 years and works with us to deliver this stadium or he buggers off and let's us get on with it.

Simple isn't it. Well it is if everyone actually wants this stadium to be built.

Yet as per your statement the trust chairman is considering it. If it's such nonsense why is he?

I guess he's just trying to be diplomatic really. A merged trust does seem to likely be unworkable though, presumably Rodney Walker is only interested in being in charge and the likes of you, Phil and Jonathan are definitely not interested in letting him be in charge again. If though, for arguments sake, the trusts were merged, how much different would it actually be? Would it be workable to have Rodney Walker and Jonathan as co-leaders in some form? If a new agreement has to be drawn up, is it particularly important what the name of the new trust named in it is as long as all the main people from the old trust are still members of the new one? Also, now you're all wise to what Rodney Walker is like, would you not be able to do things differently to try and stop what has happened before from happening again?

Also, I think your last sentence again is the big thing. The developer definitely doesn't want this stadium built!

It's my opinion that he should not.

As I have said why form another Trust when there is already one in place set up by the Council and Chaired by SRW for 7 years. SRW has been invited to rejoin the Trust and work with us to deliver the Stadium but as of now he has not accepted the invitation. Have you any thoughts as to why ?

This is it in a nutshell for me.

Well i have the feeling SRW isn't working alone on this new trust but right now is for some reason keeping quiet about who else is involved, hence it hasn't yet been officially registered for all to see. Why he would do this is open to interpretation. I'm prepared to give him until the end of the month deadline to prove himself legit and come up with a solution, its a fair amount and ample time to sort it. Lets be honest another 4 or 5 weeks is neither here nor there. If the delaying tactics are continuing and nothing has moved on by then he won't have a leg to stand on and will surely have to move aside and that exposes Yorkcourt for what they are. All that though still probably means no stadium which is why i hope middle ground can be reached but the original trusts hand is at least strengthened again.

I know my dad deserves more than the £20,000! who's the other mug anyway apart from you and him??



oh and he has been working for free for more than for four years...


I hope out of all this mess , our great club gets a new stadium it deserves

Fair point.

My last post of the day as I am setting off for Belle Vue shortly to watch Wakefield Trinity which after all is what this is all about and I hope I'm able to continue doing for many years to come.

The situation we are in is serious as the whole future existence of Wakefield Trinity is dependant on a positive outcome with a new stadium being provided that is let to the Club on terms that will enable it to be sustainable and provide a facility for the wider community.

Just a simple question to all. Which of the 2 Trusts do you think will represent the best interest of Wakefield Trinity and the wider community ?

Ted couldn't be involved could he, allegedly he's been hankering to get involved again for quite sometime.

Goes without saying for me.

Although Rod hasn't revealed the details of his new Trust, reading this thread you'd be forgiven for thinking that maybe some of its posters are actually on the thing.

I think all need to be clear on this timescale thing - it is not a random date plucked from the air. The club are under intense pressure from the RFL to show progress on a stadium deal or they will be forced either to leave SL or leave BV, or possibly both! That may not be next season, but their patience has run out with our club and, who can blame them. Michael too has made clear his views about being able to operate from BV. No stadium deal will, IMO, result in our departing BV as of the end of this year and the July timescale is set to allow time to give notice to quit.

The very furture of our club, as we know it, is in the balance here, not just a stadium!