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Wakefield trinity
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old cas lass Verified
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Re: Wakefield trinity
- Flat Capper
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Re: Wakefield trinity
Think it will put on hold the plans for the ground till the outcome of the inquiry
The measure of who we are is what we do with what we have
Vince Lombardi
Vince Lombardi
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Re: Wakefield trinity
Didn’t think this one would end there!nottinghamtiger wrote: ↑07 Oct 2020, 15:26 There is still a lot more to this than meets the eye, I suspect.
Why did WMDC loan/give Wakefield Trinity £3m to buy an asset valued at £1.5m? It just doesn’t make any sense (unless of course someone was benefiting from such a deal within WMDC).
The timing of that deal is also suspicious - literally a month before Hussain’s assets were frozen.
I think it’s fair to speculate that WMDC and the club were desperate to buy back the land because they knew exactly what was going to happen to Hussain. And because they were so desperate, they caved and paid him twice as much as it is worth. The issue is that this was public money being used to buy land at an inflated price from someone who was the subject of a police investigation.
The big question is - who was in on it with Hussain, and who else eventually profited financially from this mis-use of public money?
https://www.pontefractandcastlefordexpr ... L6ySOqQznk
- Tigerade
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Re: Wakefield trinity
From a council tax payers perspective, I would love to know the details of the loan arrangement with the council. How many years to pay it off? At what interest rate? Have WT paid off any of the loan yet?
Far all we know it might be a tenner a week for the next 6 thousand years.
Far all we know it might be a tenner a week for the next 6 thousand years.
Re: Wakefield trinity
Whoever advised the club not to bid when they had a chance to buy the ground for a reasonable price and why they took that advice is the real question made no sense at all especially in a very short time they ended up paying way over the odds saying they had no option but to except the inflated price
The measure of who we are is what we do with what we have
Vince Lombardi
Vince Lombardi
Re: Wakefield trinity
That was Sir Rodney Walker, he suggested that Yorkcourt we’re going to buy BV as part of the agreement and to put in a counter bid would force the price up, Christ knows why he did that.tigerfeat wrote: ↑09 Dec 2020, 09:01 Whoever advised the club not to bid when they had a chance to buy the ground for a reasonable price and why they took that advice is the real question made no sense at all especially in a very short time they ended up paying way over the odds saying they had no option but to except the inflated price
Re: Wakefield trinity
The theory behind that is sound enough. Problem was Yorkcourt didn’t stump up and it went to the other crook instead. The same Yorkcourt that has screwed you several times over Newmarket.JIN JER wrote: ↑09 Dec 2020, 09:10That was Sir Rodney Walker, he suggested that Yorkcourt we’re going to buy BV as part of the agreement and to put in a counter bid would force the price up, Christ knows why he did that.tigerfeat wrote: ↑09 Dec 2020, 09:01 Whoever advised the club not to bid when they had a chance to buy the ground for a reasonable price and why they took that advice is the real question made no sense at all especially in a very short time they ended up paying way over the odds saying they had no option but to except the inflated price
Who is it you are relying on funding wise for your current stadium upgrade again?
- Flat Capper
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Re: Wakefield trinity
Tigerade wrote: ↑08 Dec 2020, 21:47 From a council tax payers perspective, I would love to know the details of the loan arrangement with the council. How many years to pay it off? At what interest rate? Have WT paid off any of the loan yet?
Far all we know it might be a tenner a week for the next 6 thousand years.
The decision notice, which has not been made public by the council, also says there is "no business plan in place" for the running of the stadium once any redevelopment has been completed.
And it reveals that the council must be willing to evict Trinity if it fails to repay the loan, which is being charged at an interest rate of 2.5 per cent over 15 years.
Cas could work wonders on the old girl with 3 million
Re: Wakefield trinity
There is though a repayment holiday of 4 years on the loan though isn't there. They are currently paying nowt i believe.barking wrote: ↑09 Dec 2020, 13:30Tigerade wrote: ↑08 Dec 2020, 21:47 From a council tax payers perspective, I would love to know the details of the loan arrangement with the council. How many years to pay it off? At what interest rate? Have WT paid off any of the loan yet?
Far all we know it might be a tenner a week for the next 6 thousand years.
The decision notice, which has not been made public by the council, also says there is "no business plan in place" for the running of the stadium once any redevelopment has been completed.
And it reveals that the council must be willing to evict Trinity if it fails to repay the loan, which is being charged at an interest rate of 2.5 per cent over 15 years.
Cas could work wonders on the old girl with 3 million
Re: Wakefield trinity
Funding on the East stand is Yorkcourt I believe (and yes I know )The Firm wrote: ↑09 Dec 2020, 10:20The theory behind that is sound enough. Problem was Yorkcourt didn’t stump up and it went to the other crook instead. The same Yorkcourt that has screwed you several times over Newmarket.JIN JER wrote: ↑09 Dec 2020, 09:10That was Sir Rodney Walker, he suggested that Yorkcourt we’re going to buy BV as part of the agreement and to put in a counter bid would force the price up, Christ knows why he did that.tigerfeat wrote: ↑09 Dec 2020, 09:01 Whoever advised the club not to bid when they had a chance to buy the ground for a reasonable price and why they took that advice is the real question made no sense at all especially in a very short time they ended up paying way over the odds saying they had no option but to except the inflated price
Who is it you are relying on funding wise for your current stadium upgrade again?
Re: Wakefield trinity
Yep. I wouldn't bother picking your seat just yet.JIN JER wrote: ↑09 Dec 2020, 16:01Funding on the East stand is Yorkcourt I believe (and yes I know )The Firm wrote: ↑09 Dec 2020, 10:20The theory behind that is sound enough. Problem was Yorkcourt didn’t stump up and it went to the other crook instead. The same Yorkcourt that has screwed you several times over Newmarket.JIN JER wrote: ↑09 Dec 2020, 09:10That was Sir Rodney Walker, he suggested that Yorkcourt we’re going to buy BV as part of the agreement and to put in a counter bid would force the price up, Christ knows why he did that.tigerfeat wrote: ↑09 Dec 2020, 09:01 Whoever advised the club not to bid when they had a chance to buy the ground for a reasonable price and why they took that advice is the real question made no sense at all especially in a very short time they ended up paying way over the odds saying they had no option but to except the inflated price
Who is it you are relying on funding wise for your current stadium upgrade again?
Re: Wakefield trinity
Police investigation to start. Whoooops.
Re: Wakefield trinity
https://planning.wakefield.gov.uk/onlin ... ab=summary
For anyone that might be interested. Or take the Mickey out of?
For anyone that might be interested. Or take the Mickey out of?
Re: Wakefield trinity
Wonder who will be in a new -improved ground first Cas or Wakey jinjer so many false dawns for both of us really
The measure of who we are is what we do with what we have
Vince Lombardi
Vince Lombardi
Re: Wakefield trinity
God knows mate but I need any bit of good news I can get my paws on this year.
Re: Wakefield trinity
We'll have to wait and see.
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old cas lass Verified
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Re: Wakefield trinity
Hardly surprising, we are talking about Rugby League players here, not the sharpest tools in the box.
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