Re: Where is the £2m going for GH, ? NM : Thu Mar 07, 2013 8:30 am  

El Rey wrote:

I heard this a while back and that it applied to BOTH clubs.

The offer to WTW is tied up in the S106 agreement which is a legally binding document, it's not so easily removed and I doubt it will be as the legal process would have to be paid for by WMDC

Re: Where is the £2m going for GH, ? NM : Thu Mar 07, 2013 8:47 am  

financialtimes wrote:

The offer to WTW is tied up in the S106 agreement which is a legally binding document, it's not so easily removed and I doubt it will be as the legal process would have to be paid for by WMDC

I will concede I could be wrong The Pink 'Un, but I didn't think that a section 106 would bind a council to provide funding to a project.

Re: Where is the £2m going for GH, ? NM : Thu Mar 07, 2013 10:15 am  

financialtimes wrote:

The offer to WTW is tied up in the S106 agreement which is a legally binding document, it's not so easily removed and I doubt it will be as the legal process would have to be paid for by WMDC

I'd be prepared to be disapointed if I were you.

Re: Where is the £2m going for GH, ? NM : Thu Mar 07, 2013 12:02 pm  

I personally think developments such as Newmarket should get all they help they need from local authorities.

I know someone who's son works for the developers, and although there are plans in place, that's literally all there is at the moment. There has been no money put forward thus far - it's still only bluepronts.

If I were a wakefield fan I wouldn't be focussing my attentions on NM until I was walking through the turnstiles. And I'm sure any sane erson, rugby related or not, would admit that a development of this magnitude, with a delivery schedule of 3-5 years, is not set in stone.

Government funding cuts/inputs alter year on year, so to say Wakefield are guaranteed any money is slightly off the mark.

Besides, WTW cannot take the government to court should any funding of a scheme such as this be cut, for various reasons.

Like I said, I think the development will/would be fantastic for the district. But the only thing that is certain is that the developers have permission to make it happen, so I think it's that far away that any speculation at this moment is literally just that. Speculation.

The factors surrounding it are vast, and none of which are certain. So if it happens, it happens. Much can change for the better/worse

Re: Where is the £2m going for GH, ? NM : Mon Mar 11, 2013 6:05 pm  

Tigerade wrote:

WMDC have to cut 98 million from somewhere. Nothing for any of the 3 clubs i'm afraid.

Won't matter to one of the three, they were getting nothing anyway

Re: Where is the £2m going for GH, ? NM : Mon Mar 11, 2013 7:21 pm  

On the Waky board Mr Armadillo seems to think the funds are from the pay back from the debacle the council got themselves in with the bank of Iceland, who are supposed to be paying it back, another thing i will believe when i see it or if i see it.

Re: Where is the £2m going for GH, ? NM : Tue Mar 12, 2013 11:49 am  

Tigerade wrote:

I'd be prepared to be disapointed if I were you.

I'd prepare to be wrong if I were you, jeez man you're poorly informed. The offer is part the S106 agreement and simply cannot be removed unless the whole project collapses. End of.

Also unless the rules have changed Councils cannot remove monies from Capital projects to make up for budget deficits. They can remove the funding but they can't switch it's use which makes it fairly pointless.

There is no doubt NM remains on the cusp for now but should it collapse I'm fairly sure it will be due to the development as a whole failing to sell and thus gain funding from the banks - and that is a completely different issue.

You really are clutching at straws.

Re: Where is the £2m going for GH, ? NM : Tue Mar 12, 2013 12:15 pm  

^^^ have to say vasty it looks more like you're clutching at straws there mate.

it's a long way off

Re: Where is the £2m going for GH, ? NM : Tue Mar 12, 2013 12:28 pm  

the only way either club will have new stadium will be a shared one. Anyone and everyone knows cas & wakey both have no money to put towards their stadium "plans". time for both clubs to come clean , as both are making themselves a laughing stock , living in hope that the other fails to make them look more credible ......pathetic

Re: Where is the £2m going for GH, ? NM : Tue Mar 12, 2013 12:57 pm  

DAVE@CAS1990 wrote:

^^^ have to say vasty it looks more like you're clutching at straws there mate.

it's a long way off

And you know that how?

I don't pretend to know Castleford's situation but having read my latest update e-mail from Sir Rodney Walker he doesn't share your scepticism.

No offence Dave but I'll take my cues from him as somehow I feel he may be better informed than you.

Remember some of us who post on here are not guessing