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by GodalmingYellow
Fri Jan 27, 2017 2:41 pm
Forum: Raging On
Topic: Chairman's Programme Notes v Scunthorpe
Replies: 68
Views: 30732

Re: Chairman's Programme Notes v Scunthorpe

Several questions / points about all of this:- Eales has obviously struggled to get any decent business relationship going with Kassam. Kassam has no real need to sell the stadium as it is a nice cash generator from the conference side of things as well as getting a decent inflation linked rent fro...
by GodalmingYellow
Fri Jan 27, 2017 2:34 pm
Forum: Raging On
Topic: Chairman's Programme Notes v Scunthorpe
Replies: 68
Views: 30732

Re: Chairman's Programme Notes v Scunthorpe

Those whose arguments are the sum total of "words fail me" clearly have no defensible argument. Oh come on Terry, you're better than that. I just find it absolutely gob-smacking that you are having a pop at OxVox for what you perceive as "public criticism of the owner". I could ...
by GodalmingYellow
Fri Jan 27, 2017 1:02 pm
Forum: Raging On
Topic: Chairman's Programme Notes v Scunthorpe
Replies: 68
Views: 30732

Re: Chairman's Programme Notes v Scunthorpe

Open letter to members of OxVox - 26th January 2017 Following a spate of recent media statements and appearances by the Board of OUFC, and after a meeting last Friday between OxVox, Firoz Kassam and Oxford City Council, your committee has decided to provide a comprehensive report and update on our a...
by GodalmingYellow
Fri Jan 27, 2017 12:54 pm
Forum: Raging On
Topic: Chairman's Programme Notes v Scunthorpe
Replies: 68
Views: 30732

Re: Chairman's Programme Notes v Scunthorpe

Those whose arguments are the sum total of "words fail me" clearly have no defensible argument. So Kassam is at the table. Woo hoo. That means absolutely nothing if he is not serious about selling. And the only way to prove he is serious about selling is agreement on HoT. Kassam at the tab...
by GodalmingYellow
Fri Jan 27, 2017 2:28 am
Forum: Raging On
Topic: Chairman's Programme Notes v Scunthorpe
Replies: 68
Views: 30732

Re: Chairman's Programme Notes v Scunthorpe

And today's OxVox statement makes it abundantly clear that OCC are heavily involved. And not best pleased with Darryl Eales! My initial thoughts were that OxVox would have been better off keeping their frustrations with the club to themselves, but I suspect they have come under pressure from FK/OCC...
by GodalmingYellow
Fri Jan 27, 2017 2:26 am
Forum: Raging On
Topic: Chairman's Programme Notes v Scunthorpe
Replies: 68
Views: 30732

Re: Chairman's Programme Notes v Scunthorpe

But there would be ongoing access to new revenue streams more or less from day 1, to pay for ongoing costs of playing in the Championship, coupled with security that ownership provides as to future revenue streams, thus significantly reducing risk of present day investment. Again, you're making tha...
by GodalmingYellow
Wed Jan 25, 2017 5:49 pm
Forum: Raging On
Topic: Chairman's Programme Notes v Scunthorpe
Replies: 68
Views: 30732

Re: Chairman's Programme Notes v Scunthorpe

It would be interesting to know whether what is proposed is a 'stand-alone' deal for the sale of the ground and associated land at an agreed price; or whether it is tied into other deals between FK and other parties eg to allow him more development opportunities in the vicinity. If the latter, then...
by GodalmingYellow
Wed Jan 25, 2017 5:43 pm
Forum: Raging On
Topic: Chairman's Programme Notes v Scunthorpe
Replies: 68
Views: 30732

Re: Chairman's Programme Notes v Scunthorpe

Terry, you have completely ignored the point I made and making the same assumptions that the club seems to be making. I don't think I have, on either account. Feel free to enlighten me. I said: The club are clearly banking on a deal providing some sort of immediate cash windfall to them either thro...
by GodalmingYellow
Wed Jan 25, 2017 3:33 pm
Forum: Raging On
Topic: Chairman's Programme Notes v Scunthorpe
Replies: 68
Views: 30732

Re: Chairman's Programme Notes v Scunthorpe

Myles Francis wrote:Terry, you have completely ignored the point I made and making the same assumptions that the club seems to be making.
I don't think I have, on either account.

Feel free to enlighten me.
by GodalmingYellow
Wed Jan 25, 2017 3:02 pm
Forum: Raging On
Topic: Chairman's Programme Notes v Scunthorpe
Replies: 68
Views: 30732

Re: Chairman's Programme Notes v Scunthorpe

Thinking more about this Heads of Terms discussion, a penny suddenly dropped. Even by announcing HoT right now for a stadium deal between Firoka, OxVox and (probably) OCC, that should have precisely ZERO bearing on the club's ability to plan for next season. The club are clearly banking on a deal p...
by GodalmingYellow
Mon Jan 23, 2017 11:36 pm
Forum: Raging On
Topic: Chairman's Programme Notes v Scunthorpe
Replies: 68
Views: 30732

Re: Chairman's Programme Notes v Scunthorpe

In addition, an HoT shows that all parties have an agreed way to a deal, subject to detail. That's I think the crux of the matter. I doubt there is any shared agreement about just how a deal may be done, and one could speculate endlessly about why that might be. On the other hand, the idea that DE ...
by GodalmingYellow
Mon Jan 23, 2017 8:01 pm
Forum: Raging On
Topic: Chairman's Programme Notes v Scunthorpe
Replies: 68
Views: 30732

Re: Chairman's Programme Notes v Scunthorpe

I'm unsure why you are unable to reconcile the two KY. I guess my point was that since, as you point out, a HoT agreement isn't legally binding, there is only so much reassurance DE could take from one being in place. But I'm not particularly familiar with how they work, hence the question. Your po...
by GodalmingYellow
Mon Jan 23, 2017 3:32 pm
Forum: Raging On
Topic: NEW SIGNINGS
Replies: 46
Views: 24810

Re: NEW SIGNINGS

U's sign Spanish striker Antonio "Toni" Martinez on loan from West Ham United until the end of the season. Martinez, 19, joined West Ham United from CF Valencia for GBP 2.4m last summer. http://www.standard.co.uk/sport/football/west-ham-youngster-toni-martinez-is-in-frightening-form-with-...
by GodalmingYellow
Mon Jan 23, 2017 2:40 pm
Forum: Raging On
Topic: Chairman's Programme Notes v Scunthorpe
Replies: 68
Views: 30732

Re: Chairman's Programme Notes v Scunthorpe

I'm unsure why you are unable to reconcile the two KY. An HoT is an expression of intent. Whilst not legally binding, you incur costs and time having the agreement drawn up. No one incurs costs for no good reason and so the existence of an HoT shows that all parties are serious about doing a deal. I...
by GodalmingYellow
Mon Jan 23, 2017 12:55 pm
Forum: Raging On
Topic: Chairman's Programme Notes v Scunthorpe
Replies: 68
Views: 30732

Re: Chairman's Programme Notes v Scunthorpe

POST 3: [From Myles Francis agreeing with an assessment by Mark Sennett re the delays in getting Heads of Terms agreed between OxVox and Firoz Kassam] It's an explanation which makes sense. In corporate financing terms, announcements of agreements, heads of terms etc, affects a business' share pric...