Re: Odsal lease up for sale : Wed Oct 18, 2023 7:31 am  

One thing we’ve learnt from the sale package, the stockcars have a lease until 2041

Re: Odsal lease up for sale : Wed Oct 18, 2023 8:15 am  

paulwalker71 wrote:

Well, does anyone remember back in the glory days when threads like this would instantly have 20+ pages?

Back then, there were a fair few regular posters who reckoned that the whole thing about the RFL buying the lease was all a long-term plot for Nigel Wood to eventually get hold of the Odsal lease at a knockdown price.

Perhaps we are now entering the end game **places fingers together conspiratorially**

Maybe now we'll get the reasons for the lease sale, the constant insertion of useless owners who then went bust, and all that crap from the last decade...

I think you are very close to the truth, a few twists and turns to come soon but the truth will never come to light.

[Pumpetypump]

Re: Odsal lease up for sale : Wed Oct 18, 2023 9:35 am  

Nestegg has offered to meet anyone who wants to know the TRUTH in Wetherspoons in town. I believe there is a bombshell waiting to hit the press which will definitively reveal the links between the future of Odsal and a crash in a Parisian tunnel. Book now for an illuminating chat and/or a fight.

Re: Odsal lease up for sale : Wed Oct 18, 2023 2:46 pm  

bullinenemyland wrote: £1.25m initially, but they devalued it by £400k in 2018... https://www.thetelegraphandargus.co.uk/news/16346917.rfl-drops-valuation-bradford-bulls-odsal-stadium-400-000/ Techinaclly they paid nothing for the lease, all the day did was essentially snatch the lease when Robin Hood and his band of merry jokers couldn't pay back the secret loan the RFL had slipped us without mentioning it to the other clubs. All the talk of protecting rugby at Odsal was and still is utter drivel driven by money.

bullinenemyland wrote: £1.25m initially, but they devalued it by £400k in 2018... https://www.thetelegraphandargus.co.uk/news/16346917.rfl-drops-valuation-bradford-bulls-odsal-stadium-400-000/ Techinaclly they paid nothing for the lease, all the day did was essentially snatch the lease when Robin Hood and his band of merry jokers couldn't pay back the secret loan the RFL had slipped us without mentioning it to the other clubs. All the talk of protecting rugby at Odsal was and still is utter drivel driven by money.

Re: Odsal lease up for sale : Wed Oct 18, 2023 4:00 pm  

redeverready wrote:

Techinaclly they paid nothing for the lease, all the day did was essentially snatch the lease when Robin Hood and his band of merry jokers couldn't pay back the secret loan the RFL had slipped us without mentioning it to the other clubs. All the talk of protecting rugby at Odsal was and still is utter drivel driven by money.

Yep, the rfl bricked themselves and converted their unsecured loan into an asset with value. I wondered at the time what the administration thought of that a few months later

Re: Odsal lease up for sale : Wed Oct 18, 2023 7:49 pm  

Scarey71 wrote:

Hirst says IMG put 'significant obligations on stadium owners' so looks like they'd have to bring it up to scratch at some point.

Another RFL own goal?

They want them video advertising boards

Re: Odsal lease up for sale : Wed Oct 18, 2023 9:14 pm  

Presuming you mean LED hoardings - why? - if the match is any good, nobody reads them!

Only people that work in schmarketing think that schmarketing works!

Re: Odsal lease up for sale : Wed Oct 18, 2023 9:26 pm  

Highlander wrote:

One thing we’ve learnt from the sale package, the stockcars have a lease until 2041

They have a licence until 2041, not a lease. Had a quick look at Odsal Motorsports on Companies House. Two directors with £1 shares apiece, apparently.

Re: Odsal lease up for sale : Thu Oct 19, 2023 7:14 am  

Ckt2487 wrote:

I don't trust the RFL to protect the Bulls in any sale.

I don’t trust the RFL… full stop

Re: Odsal lease up for sale : Thu Oct 19, 2023 7:26 am  

Scarey71 wrote:

Hirst says IMG put 'significant obligations on stadium owners' so looks like they'd have to bring it up to scratch at some point.

Another RFL own goal?

The council have the freehold
The RFL have the leasehold
The club and the stock at company are the tenants
So what’s the IMG’s definition of the owner?