Possibly back to the two stand stadium?

Article in tomorrows match day programme about Newmarket by A Glover should be a good read.

I know exactly the situation, ta.

Business Asset Roll-over Relief.

As Cas will be reinvesting the money they make into a new asset they can apply for tax relief on the above, which will enable them to postpone paying any tax until the new asset is sold.

So hopefully a win-win. We both want our own grounds.

Well googled.

But as you've now read wikipedia i guess you'll know that it only counts for the money you put in the new business premises. Any used for other reasons, i.e. paying off other liabilities is subject to taxation. So as your ceo has already admitted a shortfall on the original plan then i doubt you'll be using your gains to pay off your debts, thus you'll not be debt free when you move.

If Jacks family still want their inheritance back from the sale then that couple of million will be interesting HMRC. So i guess you'll have to transfer debts from WR to GH otherwise it will never get built.

I very much doubt you do, you know what Richard has told you. He told you that the plans are ready to go in. Yet he also told you there were talks taking place with two different operators. Who both have seperate designs needs. So have Opus paid twice for two lots of plans then depending on who signs the deal? Or do they have a draft that will need detailed plans drawing prior to submition? If you think its the former then you are very naive. Things are moving and it will happen but don't expect it to be soon.

Back to our districts community stadium Day - 16 and counting #newmarketnewopportunity

Fully know everything.
HTH.

Knowing how the tories work shouldn't we be inviting fat boy Pickles up to next weeks game then take him on a tour of Wakefield's finest curry houses just to seal the deal...

We might be better off inviting a guy called Michael Taylor up, who is the senior civil servant looking after this at the Communties & Local Government office & will be advising Eric Pickles on his decision. I have no idea if he likes curry though or indeed his BMI!



D -15! Not long now! #newmarketnewopportunity #benicetopickles

So what did Andrew have to say in his article?

He's looking forward to his birthday on the same day we should hear from the s.o.s..

He says how our City needs the sports facilities and the economic boost Newmarket will provide and on the 19th we also hoost the 9s so it will be party time at Belle Vue if we get the nod.

Day - 14 and counting #newmarketnewopportunity

I have been thinking I was wondering if the decision might be released on Friday 15th June? I always thought that it was likely to come on the 18th/19th & no earlier, but a Friday afternoon is always a good time to release these type of decisions! That also said, I understand that Michael Taylor does not work on Mondays & that would explain why a Tuesday was chosen as the final date! So I wouldn't expect the decision release on Monday 18th if we it has not been released before.

Ok, talked myself out of this theory as I typed, so 19th still I think...
as you where!

WOW

if planing is approved does it have to go through detailed planning before work can start.if so how long does this take?

if........... when its passed there's no reason why the diggers can't go in straight away to level the area where the ground is going to be

we have an area near us that has been leveled twice but building has been delayed

If I remember the PI correctly there is a 5 week turn around in place between the 19th & getting full planning in.

As far as any preliminary works: roads, water, gas, electric lines ect I believe they can begin with outline planning. There is a matter of having units sold before work (on the stadium) would commence, but I think things will go public on that front shortly after the site getting approved. One of the quotes that sticks in my mind from the PI was the LCC barrister trying to quiz the YC representative over how many businesses were actually signed up. The YC representative turned to him and smugly said [i"That would be commercial confidential information to our client, but as you know, being the "economic heavyweight" of the region, developments like this are no longer "built on spec"."[/i
Really humiliated the poor women on a number of occasions that afternoon. to be fair she tired her best to defend what was in in truth a paper thin argument, which was shown up for what it was.

thank for that just wondered what was going to happen after the green light was given

The simple answer is 'yes', we do have to submit detailed plans for approval. This is more of a formality and exchange of views between the developer and the planners at WMDC about colour schemes and materials as well as the technical stuff like how many toilets / what access is available etc.....

As others have said though, there is no reason that the initial groundworks cannot commence straight away though, but don't expect it to happen on the 20th!

Then it's all down to 2 things - one is the speed in which the developer can get tennants signed up and two is the ability of Sir Rodney to tie up the funding promised and, possibly, additional funding to bridge any gap caused by the delay in 1 above!

I spoke with Sir Rodney recently and expressed my view that I thought it likely that we would be able to move in for the beginning of 2015 (the start of the next licence period), to which he commented that he was hoping to have it sooner!



I hope he's right and I'm wrong!

Are we expecting the LDF outcome before the 19th? as it will almost certainly indicate the result of the PI

1 week and 6 days



D-13 and counting

I am sure we will all be happy when we hear the result and its been one hell of a journey getting this far.

However I suspect that as soon as we get the approval there will be massive political activity behind the scenes to get our neighbours from Cas to come and share the stadium.