by Reading4eva » 14 Mar 2024 23:21
by Orion1871 » 15 Mar 2024 04:21
by WestYorksRoyal » 15 Mar 2024 06:59
by From Despair To Where? » 15 Mar 2024 08:25
by Snowflake Royal » 15 Mar 2024 08:39
Reading4eva https://chng.it/QdDQXCZdQV
by Lower West » 15 Mar 2024 08:48
WestYorksRoyal I didn't realise yesterday morning that Dai has transferred Bearwood to another of his companies, so the proceeds are not going to the club.
by Reading4eva » 15 Mar 2024 09:01
Lower WestWestYorksRoyal I didn't realise yesterday morning that Dai has transferred Bearwood to another of his companies, so the proceeds are not going to the club.
Where has Bearwood been transferred to?
by Greatwesternline » 15 Mar 2024 09:20
From Despair To Where? It won't be owned by Wycombe though. They'll just rent it and that's how the owner will make money from it. They may even try renting it to us too, as it could probably sustain 2 clubs
The other option would be hawking it out by the week to someone like the Brazilian FA as a European training base or one of the NFL teams when they come over to play in London.
by From Despair To Where? » 15 Mar 2024 09:24
by Royal Monkey » 15 Mar 2024 09:24
Reading4evaLower WestWestYorksRoyal I didn't realise yesterday morning that Dai has transferred Bearwood to another of his companies, so the proceeds are not going to the club.
Where has Bearwood been transferred to?
Dai, surprise surprise, has transferred it to himself.
by WestYorksRoyal » 15 Mar 2024 09:26
GreatwesternlineFrom Despair To Where? It won't be owned by Wycombe though. They'll just rent it and that's how the owner will make money from it. They may even try renting it to us too, as it could probably sustain 2 clubs
The other option would be hawking it out by the week to someone like the Brazilian FA as a European training base or one of the NFL teams when they come over to play in London.
Yeh that is the best use case outside of renting it back to us. But for £25m with a useful economic life of 50 years (standard UEL applied to a building) you need to generate £500,000 a year in rent, just to break even on depreciation, Let alone running costs.
That's asking quite a lot of foreign professional teams occasionally choosing you as a training base for a weekend.
by Green » 15 Mar 2024 09:33
GreatwesternlineFrom Despair To Where? It won't be owned by Wycombe though. They'll just rent it and that's how the owner will make money from it. They may even try renting it to us too, as it could probably sustain 2 clubs
The other option would be hawking it out by the week to someone like the Brazilian FA as a European training base or one of the NFL teams when they come over to play in London.
Yeh that is the best use case outside of renting it back to us. But for £25m with a useful economic life of 50 years (standard UEL applied to a building) you need to generate £500,000 a year in rent, just to break even on depreciation, Let alone running costs.
That's asking quite a lot of foreign professional teams occasionally choosing you as a training base for a weekend.
by Greatwesternline » 15 Mar 2024 09:37
GreenGreatwesternlineFrom Despair To Where? It won't be owned by Wycombe though. They'll just rent it and that's how the owner will make money from it. They may even try renting it to us too, as it could probably sustain 2 clubs
The other option would be hawking it out by the week to someone like the Brazilian FA as a European training base or one of the NFL teams when they come over to play in London.
Yeh that is the best use case outside of renting it back to us. But for £25m with a useful economic life of 50 years (standard UEL applied to a building) you need to generate £500,000 a year in rent, just to break even on depreciation, Let alone running costs.
That's asking quite a lot of foreign professional teams occasionally choosing you as a training base for a weekend.
That's a bit basic. What value the land, and fine build another building in 50 years time, that won't cost another £25m.
by MouldyRoyal » 15 Mar 2024 09:41
by Greatwesternline » 15 Mar 2024 09:41
WestYorksRoyalGreatwesternlineFrom Despair To Where? It won't be owned by Wycombe though. They'll just rent it and that's how the owner will make money from it. They may even try renting it to us too, as it could probably sustain 2 clubs
The other option would be hawking it out by the week to someone like the Brazilian FA as a European training base or one of the NFL teams when they come over to play in London.
Yeh that is the best use case outside of renting it back to us. But for £25m with a useful economic life of 50 years (standard UEL applied to a building) you need to generate £500,000 a year in rent, just to break even on depreciation, Let alone running costs.
That's asking quite a lot of foreign professional teams occasionally choosing you as a training base for a weekend.
Nerd alert. You don't have to depreciate property, you can choose a revaluation model instead, meaning they could actually see increases in value coming through. And as a business you'd not be concerned about recovering depreciation.
But the running and maintenance costs, fair point. And ideally you'd have some sort of model that estimates the rental income to make a deal worthwhile. But this is where football is different. Decisions are made on ego and emotions instead of valuation models.
by Green » 15 Mar 2024 10:15
MouldyRoyal Not sure what a change petition with a few thousand signatures is going to do
by tidus_mi2 » 15 Mar 2024 10:25
by Snowball » 15 Mar 2024 10:32
by Winston Biscuit » 15 Mar 2024 10:37
by Green » 15 Mar 2024 10:39
Winston Biscuit Online petitions are one of the small things I hate in life
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