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| Quote ="bellycouldtackle"To me this is all about money and I am not talking about revenue from running any new stadium. Following receipt of planning permission YC have always pleaded poverty, which is interesting as during the public inquiry hearings they had a hissy fit when the anti Newmarket team suggested that YC did not have the proverbial pot. YC went to great lengths to convince the Public Inquiry that they were financially strong and liquid. RW and Box allowed YC to build Newcold outsite the 106 agreement ie not counting towards the trigger point because they accepted YC argument that they were skint and needed Newcold to go ahead. For Some reason RW and Box kept this to themselves. YC have no intention of building a stadium at Newmarket, they know that RW and Box allowed them to ignore the 106 and they know that Box isn't bothered about a stadium. What YC want is the planning permission to build houses on the land at Newmarket that was designated for the stadium. We are talking about a massive net gain as they will not incur the build costs of the stadium but will rake in millions from house building. YC are still saying they are skint and that only when they have built and sold those houses will they have any money to put towards a stadium. This was why YC and RW were always pushing for a rebuild of BV, but YC wanted the cherry and the bun, give us planning for houses, we build them and only then will we give you any money, so never basically never. Now RW would have agreed to this and I presume told YC that he could get that deal agreed. RW when running the old Trust basically did as he wanted without having to answer to anyone, what Walker had not planned for was TRB, SC, IA, MC & CB getting on the trust and actually asking him what the hell was he doing. This I believe would be the reason he bloused out of the meeting and resigned from the Trust. So where is any money coming from to build a stadium, the moment we agree that the new stadium can be built away from Newmarket then IMO we are lost, the money has to come from YC as if they get what they want we are talking years and they will simply not pay up. We are talking about a company that has changed its name, closed various associate companies, taken directors of the board etc etc, during the previous years, they will have done this to protect themselves for any legal action that may occur in other words the party that is named in the 106 does not exist anymore.'"
Excellent, probably true and very depressing post.
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| But in all the years of the Trust, he's never bolted. There has to be a reason for that, and my impression is that he knows now it's going to happen. He could have just walked from the Trust and not looked back. The issue is whether the price for the new stadium is something we're prepared to pay, in terms of actual cost, the loss arising from it being done through a new Trust, and the morality of it.
Sometimes you've just got to suck it up. It stinks, but if it gets us a stadium and a level of involvement that is better financially than what we have, we've little choice, even if it is less than what it should have been.
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| This is all about not wanting Wakefield Trinity ie MICK & CHRIS earning too much profit/money from running the club in a new Community Stadium. In there ideal world Yorkcourt & SRW would prefer for Mick & Chris to walk away completely from the club and this would benefit them the most.
Yes it is a big Euromillions this week so every Trin fan should buy a ticket. Because you never know,if I won there would be a lovely big new Stadium for WT & Mick & Chris to run plus money they have lost.
Up The Trin
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| Quote ="charlie63wildcat"Oh I'm all for action if it is the sensible and right action, timed correctly. There are people on here including it seems MC himself, involved in the Trust(s); are you one of them? I will be guided by what they advise as they know all this the best. But if they recommend action, I'm in'"
No Charlie i'm not involved, had my stint with SWAG but the people involved with the trust deserve a medal.
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| As I've been saying all week - this will be about enabling YC to recoup some of their investment by changing the terms of the anchor tenancy; MC is bound to be oppositional to that, and SRW is likely to be in favour, if it gets the thing done and enhances his reputation - so they collude to remove MC from the negotiations, impose a deal that achieves what they want, and if MC won't play ball, they can throw their hands in the air and say they offered a facility and he wouldn't accept it.
It's a stitch-up, whichever way you look at it.
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| Quote ="JINJER"No Charlie i'm not involved, had my stint with SWAG but the people involved with the trust deserve a medal.'"
Agreed. And I would have a statue of MC next to Foxy at any new stadium. Man deserves that knighthood more than the other protagonist here that has one!
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| Quote ="bren2k"As I've been saying all week - this will be about enabling YC to recoup some of their investment by changing the terms of the anchor tenancy; MC is bound to be oppositional to that, and SRW is likely to be in favour, if it gets the thing done and enhances his reputation - so they collude to remove MC from the negotiations, impose a deal that achieves what they want, and if MC won't play ball, they can throw their hands in the air and say they offered a facility and he wouldn't accept it.
It's a stitch-up, whichever way you look at it.'"
Less than perfect though it is, I hope you are right. I guess we can keep in SL and be competitive even if they want their skim. Better than the alternative. Though my suspicion is that, judging by Michael's reaction, the amount is more than we can afford
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| Quote ="bren2k"As I've been saying all week - this will be about enabling YC to recoup some of their investment by changing the terms of the anchor tenancy; MC is bound to be oppositional to that, and SRW is likely to be in favour, if it gets the thing done and enhances his reputation - so they collude to remove MC from the negotiations, impose a deal that achieves what they want, and if MC won't play ball, they can throw their hands in the air and say they offered a facility and he wouldn't accept it.
It's a stitch-up, whichever way you look at it.'"
Another bazinga from me.
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| Quote ="bren2k"As I've been saying all week - this will be about enabling YC to recoup some of their investment by changing the terms of the anchor tenancy; MC is bound to be oppositional to that, and SRW is likely to be in favour, if it gets the thing done and enhances his reputation - so they collude to remove MC from the negotiations, impose a deal that achieves what they want, and if MC won't play ball, they can throw their hands in the air and say they offered a facility and he wouldn't accept it.
It's a stitch-up, whichever way you look at it.'"
Why should Yorkcourt be allowed to change the original agreement to recoup some of their investment? Surely they will still make an absolute packet on completion of all the other development.
Why is Sir Rodney on the side of Yorkcourt and not the public of Wakefield who want a successful team in the new stadium?
We have seen that just providing a stadium is not the be all and end all for a successful club - just look at Salford. The move has to be right for the club to be a force - otherwise there is no point in moving.
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| Quote ="Wildmoggy"Seven years?! More like 27. I remember in the early'90's when Mr. Walker was chairman of the club itself promising this that and the other. I remember getting excited seeing artists impressions of the shiny new stadium, which along with the signings of Jonathon Davies, Laurie Daley et al were going to see the rise of the once mighty Trinity once more as a major player in the world of RL. I'm pretty sure back then he was a millionaire, of course it's not all about finances, probably that's never been the main problem, but why anyone thought with Mr. Walker being involved that would actually lead to the thing being built i'll never know!! His track record in other ventures may have been successful, although I venture to suggest more on a personal level than anything else. He's dipped his toes in a few things sport wise, snooker I seem to recall, with limited success and impact. When he was chairman of Wakefield Trinity, he generally failed to deliver.'"
Very good point. Although I know Ted Richardson has played his part in our current woes. He often gets blamed for the YCCC fiasco at Denby Dale which I think is what you're referring to. That deffo happened on Walkers watch as far as I recall. Rodney has a real knack for blame shifting doesn't he.
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| Who owns the land where the stadium will stand
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| Quote ="charlie63wildcat"Less than perfect though it is, I hope you are right.'"
I hope I'm not - I can't see any value in scratching by in SL, in a stadium that does not benefit us; otherwise, we're just the same old underfunded team, but in a shiny stadium that offers no real benefit in terms of additional income.
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| If the stadium was built though, Yorkcourt would need us to actually be a viable business in order to recoup any money they'd spent on the stadium as realistically it's only going to be us playing there as there are no other potentially viable tenants. So there could well be some sort of compromise that could be made, obviously not as good as we should have had but workable and better than the alternative of just playing out of Dewsbury. Things change quickly in sport too, once it's built you never know what might happen.
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| Quote ="vastman"Very good point. Although I know Ted Richardson has played his part in our current woes. He often gets blamed for the YCCC fiasco at Denby Dale which I think is what you're referring to. [uThat deffo happened on Walkers watch as far as I recall[[/u/b. Rodney has a real knack for blame shifting doesn't he.'"
The fiasco as you put it on Denby Dale road had nothing to do with Yorkshire CCC, there was still an offer on the table for Wakefield Trinity after Y.C.C.C. were legally advised to decline the invitation to join W.T. the then leader of WMDC Mr Colin Croxall the Labour representative for the Eastmoor ward invited Lord Ted to a meeting which he attended and subsequently declined an offer from the council to have a new ground built.
I'm a bit confused with your statement regarding that, and I'll quote you if I may it deffo happened on Walker's watch, that being the case why did you finish the sentence with, as far as I can recall, simple question did it deffo happen on his watch in which case you'll provide proof of this, or maybe your recollection of the proceedings are clouded with your loyalty to uncle Ted.
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| Quote ="acko"Yes it is a big Euromillions this week so every Trin fan should buy a ticket. Because you never know,if I won there would be a lovely big new Stadium for WT & Mick & Chris to run plus money they have lost.
Up The Trin'"
Well while your giving your new found wealth away acko old boy, would there be any chance of buying snowie a new beer shed in the new ground
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| Quote ="chissitt"The fiasco as you put it on Denby Dale road had nothing to do with Yorkshire CCC, there was still an offer on the table for Wakefield Trinity after Y.C.C.C. were legally advised to decline the invitation to join W.T. the then leader of WMDC Mr Colin Croxall the Labour representative for the Eastmoor ward invited Lord Ted to a meeting which he attended and subsequently declined an offer from the council to have a new ground built.
I'm a bit confused with your statement regarding that, and I'll quote you if I may it deffo happened on Walker's watch, that being the case why did you finish the sentence with, as far as I can recall, simple question did it deffo happen on his watch in which case you'll provide proof of this, or maybe your recollection of the proceedings are clouded with your loyalty to uncle Ted.'"
I am not old enough to remember this personally, but know about it from what family have told me, so please stay with me
I believe Ted owned belle vue... which is why were are in the current predicament, following its repossession by the BOI and the new current owner (88m?). Do you think Teds ultimate decision to decline the offer a ground being built for us had anything to do with any personal financial benefits of taking a rent paid from WTRLFC to Ted's holding company. I have heard numbers thrown around but don't know exact figures. Like I said, I wasnt around at the time so dont know the exact timescales regarding ground sales from club to ted etc.
It does seem to me an absolutely ludicrous decision that a chairman/ owner of a club would refuse a new ground to be built for them by their local council. To think this situation could all have been avoided, had it been for some better advice here or there.
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| Dont think SRW was involved with the club when the move to Durkar was being discussed.
According yo Wiki, SRW was chairman of the club between 1986 and 1993. Plans for Durkar didnt become known until around 1996. Wasnt Paul Caddick interested in the club about this time. He has just recently celebrated 20 years of owning Leeds and Headingley Stadium.
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| Quote ="chissitt"Well while your giving your new found wealth away acko old boy, would there be any chance of buying snowie a new beer shed in the new ground
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Yep Snowie would get a shed BUT only if he served Lager
Up The Trin
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| Although we know nothing of the terms, and this is speaking purely hypothetically, you have to take a step back and ask whether we would accept those terms if the development didn't have the history that it did. Doesn't matter who's making a quick buck, the issue is purely the favourability of the terms. There's too much at stake for it to be lost on a point of principle, however noble those principles are.
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| Quote ="Eastern Wildcat"Dont think SRW was involved with the club when the move to Durkar was being discussed.
According yo Wiki, SRW was chairman of the club between 1986 and 1993. Plans for Durkar didnt become known until around 1996. Wasnt Paul Caddick interested in the club about this time. He has just recently celebrated 20 years of owning Leeds and Headingley Stadium.'"
There you have it in a nutshell Caddick wasn't interested in Wakey or the new ground, he already had everything at Headingley including a Test Match cricket ground, remember this Caddick did not own Yorks. CCC but had a certain amount of influence over them as their landlords.
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| Quote ="TheMightyTrin"I am not old enough to remember this personally, but know about it from what family have told me, so please stay with me
I believe Ted owned belle vue... which is why were are in the current predicament, following its repossession by the BOI and the new current owner (88m?). Do you think Teds ultimate decision to decline the offer a ground being built for us had anything to do with any personal financial benefits of taking a rent paid from WTRLFC to Ted's holding company. I have heard numbers thrown around but don't know exact figures. Like I said, I wasnt around at the time so dont know the exact timescales regarding ground sales from club to ted etc.
It does seem to me an absolutely ludicrous decision that a chairman/ owner of a club would refuse a new ground to be built for them by their local council. To think this situation could all have been avoided, had it been for some better advice here or there.'"
I honestly could not comment on Ted's financial status as I know nothing of it, there was one reason and one reason only why he declined the offer from Wakefield council and that's the same reason John Kear did not become the coach at Catalan's, pure greed.
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| Quote ="Slugger McBatt"Although we know nothing of the terms, and this is speaking purely hypothetically, you have to take a step back and ask whether we would accept those terms if the development didn't have the history that it did. Doesn't matter who's making a quick buck, the issue is purely the favourability of the terms. There's too much at stake for it to be lost on a point of principle, however noble those principles are.'"
Totally agree. If we take the optimistic view and SRW's comment that 'all he wants is a new ground for Wakefield Trinity' as genuine, then even if this isn't on exactly the terms or negotiated with exactly who we would have liked, I suppose we will have to swallow it. I can't see any other option being viable as much as I am sure we would all like to tell SRW and YC where to shove it if the 'Magic Money tree' would appear
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| Quote ="Slugger McBatt"Although we know nothing of the terms, and this is speaking purely hypothetically, you have to take a step back and ask whether we would accept those terms if the development didn't have the history that it did. Doesn't matter who's making a quick buck, the issue is purely the favourability of the terms. There's too much at stake for it to be lost on a point of principle, however noble those principles are.'"
That's the problem neither the Trust nor the Club know what the terms are because we are not permitted to see the Heads of Terms as they are being discussed.
In the Star article Rodney Walker said that he wanted the Club to be anchor tenant but no one has made contact with the Club.
The Statement refers to the terms that the current Trust would look to lease the stadium to the Club which would enable it to be sustainable and provide a community facility. If the terms are fundamentally different then the Club will have a problem. But why should a Developer be allowed to profit from what was promised as a result of a substantial planning gain.
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| Quote ="acko"Yep Snowie would get a shed BUT only if he served Lager
Up The Trin'"
I'm shocked Acko, you're too old to be drinking Lager, real ale is the way forward
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| Quote ="charlie63wildcat"Totally agree. If we take the optimistic view and SRW's comment that 'all he wants is a new ground for Wakefield Trinity' as genuine, then even if this isn't on exactly the terms or negotiated with exactly who we would have liked, I suppose we will have to swallow it. I can't see any other option being viable as much as I am sure we would all like to tell SRW and YC where to shove it if the 'Magic Money tree' would appear'"
The "magic money tree" is only only available whether it be for stadiums, or to burn wood in barns to People who wear far too much orange.
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