Hi GY, sorry but that does not actually address my point. You forget, or are overlooking, that there would also be a very high cost in buying Minchery Farm, in order then to sell it in order to buy land and fund development at Water Eaton. So unless there was a significant positive margin for the club between the purchase and sale prices of the Minchery Farm site (do you have evidence, or at least a strong conviction, that this is the case?), then we return to my question - why buy it rather than just get FK to release us from the lease, he sell that land for redevelopment and we start from scratch with Water Eaton?GodalmingYellow wrote:Because there is a massive cost involved in building a new stadium and buying the land. That gets paid for by the sale of the KasStad and surrounding land.Dr Bob wrote:Knowing nothing about planning, nor the details of the lease with FK, maybe I am missing something, but why would we need to buy the stadium from FK in order for this to happen? If all the pieces fall into place, such that selling the Minchery Farm site for housing and related developments brings in an acceptable return for FK, surely all he would have to do was to agree to an ending of the lease the club signed?
For me, the key question then - as others have already raised since Friday - is what the relationship is between the various co-owners of OUFC and, in particular, what their relationship would be to the club and the new stadium, should Water Eaton happen?