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| Heard today that to make up for the shortfall in Council funding etc etc that they are looking into a review clause in your tenancy with the intention of bringing the rent inline with the current financial climate!!!
Have no idea if true or not...anybody else heard anything along those lines?
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| Quote ="Stan Butler"Heard today that to make up for the shortfall in Council funding etc etc that they are looking into a review clause in your tenancy with the intention of bringing the rent inline with the current financial climate!!!
Have no idea if true or not...anybody else heard anything along those lines?'"
Yeah, it's going up to £504,000 per month, We need to sell 14,000 adult tickets per home game just to pay the rent.
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Player Coach | 2219 | No Team Selected |
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| Don't think we have an annual review - so perhaps just wishful thinking... I'd be more worried if I was playing in a stadium that we have no control whatsoever with... wherever I lay my hat... or fez or whatever!!!!
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Moderator | 12664 | No Team Selected |
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| If someone has heard something post, otherwise let it slide - we don't need another peeing contest.
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| Quote ="Mild Rover"If someone has heard something post, otherwise let it slide - we don't need another peeing contest.'"
I think that it is pretty obvious that Stan has got wind of our Chairmans programme notes, put 2 and 2 together and came up with 5.
Although expect to see a bigger Rovers presence at the KC Stadium going forward..
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Club Coach | 29802 | No Team Selected |
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| Quote ="R.B.A"I think that it is pretty obvious that Stan has got wind of our Chairmans programme notes, put 2 and 2 together and came up with 5.
Although expect to see [ua bigger Rovers presence[/u at the KC Stadium going forward..'"
Prezza getting a free season pass?
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| Quote ="Mrs Barista"Prezza getting a free season pass?
'"
There you go, Prescott and rent increases within 6 posts. Is this the Sinbin?
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Club Owner | 14306 | No Team Selected |
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Sep 2003 | 21 years | |
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| Didn't know we had a review clause added into the lease.
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International Star | 1508 | No Team Selected |
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| Well if the local council was that skint/inclined, then they could look into the same @ KC. £2.50 a week since the opening is one rubbish deal.
Still, they could sell up to Allam Snr
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| Quote ="Easty"Didn't know we had a review clause added into the lease.
'"
Didn't know it was from the council either
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| Quote ="MrPhilb"Didn't know it was from the council either
'"
The ground is owned by Kingston Community Developments which isn't part of the council either is it?
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| Quote ="Easty"Didn't know we had a review clause added into the lease.
'"
The primary lease is between the council and Kingston Community Development Limited (formerly Gaingroup) and is a peppercorn annual rental. KCD sublet to Rovers.
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| Quote ="Mrs Barista"The primary lease is between the council and Kingston Community Development Limited (formerly Gaingroup) and is a peppercorn annual rental. KCD sublet to Rovers.'"
So its not Rovers problem then
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Player Coach | 5139 | No Team Selected |
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| Quote ="Easty"The ground is owned by Kingston Community Developments which isn't part of the council either is it?'"
I believe the land is still owned by HCC and leased to KCD who sublet it to HKR.
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| Quote ="MrPhilb"So its not Rovers problem then
'"
You don't think KCD would attempt to recover any increased costs from their tenant if it was allowable? OK then.
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| Quote ="Mrs Barista"You don't think KCD would attempt to recover any increased costs from their tenant if it was allowable? OK then.'"
If it was allowable
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| Quote ="Mrs Barista"You don't think KCD would attempt to recover any increased costs from their tenant if it was [i[uallowable[/u[/i? OK then.'"
Exactly.
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| Quote ="Easty"Exactly.'"
And neither of us know the variability of terms. Would be an odd arrangement for rent to be a fixed cash amount for a period of 250 years though.
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| Quote ="Mrs Barista"And neither of us know the variability of terms. Would be an odd arrangement for rent to be a fixed cash amount for a period of 250 years though.
'"
Indeed.
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Club Owner | 29160 | No Team Selected |
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| Quote ="Mrs Barista"And neither of us know the variability of terms. Would be an odd arrangement for rent to be a fixed cash amount for a period of 250 years though.
'"
Wouldnt be surprised though Mrs B!!
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| The lease we have is only for 99 I thought?
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International Star | 4623 | No Team Selected |
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Sep 2010 | 14 years | |
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| Quote ="Mrs Barista"And neither of us know the variability of terms. Would be an odd arrangement for rent to be a fixed cash amount for a period of 250 years though.
'"
I'm not sure why it matters, If it goes up we'll just go bust, Merge with Wakey and become Hull Wildcats for a season. Then we will revert back to Hull Kingston Rovers and claim to be established in 802 A.D.
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Player Coach | 1999 | No Team Selected |
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| Speaking of rent agreements, the other week when Assem Allam was looking to buy the KC stadium, he told 'Smack my bitch up Burnsey' that he could happily stay with the current rent agreement which was in his words "only a few thousand a year". When City and Hull moved in, I can remember the term peppercorn rent being thrown around and that both clubs would pay a small amount per season for the first few years, well it's almost ten years now, so the question is when is the council going to charge the going rate for playing in such a facility rather than "just a few thousand a year?"
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