: Fri Mar 27, 2009 4:19 pm
Adeybull wrote:
The lump sum had several components. IIRC it went something broadly like this (don't hold me to the details):
Afternoon Adey
Off the top of my head ...
1. £4.6m pay out of the lease based on the annual figure at the time multiplied by years left on the lease. It could be argued that the Council saved money by avoiding any inflationary increases over the period of the original lease and avoided and health & safety obligations. To balance that they lost the bar / food takings.
Seems to me that everybody knew the Bulls couldn't afford the ground when they took the money and therefore is rather churlish to then blame the Council for the woes encountered since.
2. £550,000 immediate health & safety remedial work.
Total pay out : £5.15m
But I guess this just risks raking up the 2002 argument all over again
Da*n it, did I do just that ?
For the record, I have never had a problem with RD's being rebuilt, I do have a problem in principle with Council Tax payers cash paying for Bulls facilities and a bigger gripe with the fact that some people seem to think this is a right for their privately owned club. Nothing to do with City / Bulls rivalry, I said exactly the same when City were in administration. I'd rather have seen City in the Conference than take the Council's cash.
Nearly happened anyway