deeHell wrote:
From what I can gather, the lease is worth about £1.2m. The ABC consortium want the lease handed over to cover projected losses over the next couple of years. So if the RFL do that they are in effect letting the club have the ground ownership and obviously no rent to pay with the big plus of a valuable asset.
As Glover stated in his radio interview, the rent we pay is a massive mill stone around our neck. Maybe we should be supported in such a way that we could then have the luxury of spending up to full cap? Of course in all fairness I would never expect that to happen. In comparison it looks like Glover has been ripped off big time in purchasing us if ABC demands are met. Glover had no Guarantee of SL (most probably Championship rugby) and no asset of a ground given over. The whole thing looks very dodgy to me.
I dont think that The RFL could sell the lease to any property developers, surely it would revert to Bradford council and they would have to ratify selling Odsal for development.
The consortium do appear to be looking at commercial opportunities at Odsal, rather than rugby matters and whilst i'm all for maximising revenue streams, SL seems a distant second compared to the commercial aspects.