fkn conservative councils
Dan
will continue to rent the site for the next 20 years.
Leeds city council had planned to buy the training ground for �6m and lease
it back to the club.
However that deal has fallen through because of what the council are
describing as 'uncertainties'.
Leeds have exercised a clause in the current contract to remain a tenant of
Barnaway Limited for another 20 years.
The original deadline for the club to buy back the facilities was last
Saturday (10 October).
The owners extended that to Thursday (15 October) but, just hours before the
midnight deadline, the council asked Leeds for clarification on a few final
issues.
A statement on the Leeds United website read: "The council were not able to
provide the club with an unconditional letter of commitment to purchase
Thorp Arch and then lease it back to the club.
We concur with the club that given more time these uncertainties could
have been removed. Unfortunately, the two parties didn't have that time
Council leader Andrew Carter
"This meant that, if the club was to have exercised the option, the club
would have been at risk of completing the transaction in 28 days' time
without the guarantee of funding. That was a �6m risk the club was not
prepared to make.
"It is the club's belief that the conditions that the council sought to
attach to the offer could all have been satisfied before the expiry of the
28 days. However, as they were not all in the gift of the club, therefore it
was decided not to proceed."
As well as helping Leeds United, the council believed owning Thorp Arch
would help in any bid to host the rugby union and league world cups and
become a stronger candidate to become a host city in English football's bid
for the 2018 World Cup.
Council leader Andrew Carter said: "We note with some regret that Leeds
United felt unable to exercise its option to acquire Thorp Arch before the
deadline.
"Both parties have worked hard to remove the uncertainties surrounding the
deal and only a small number remained outstanding.
"We concur with the club that given more time these uncertainties could have
been removed. Unfortunately, the two parties didn't have that time."
]v[etaphoid
"Dan" <d...@dan.con> wrote in message
news:lq6dnczaJomCWUTX...@bt.com...
> Leeds United have failed to buy back their Thorp Arch training ground but
> will continue to rent the site for the next 20 years.
>
> Leeds city council had planned to buy the training ground for �6m and
> lease it back to the club.
How long exactly have leeds untied been a registered charity?
It was bad enough the way you lot hounded Ridsdale out for daring to
exercise an affordable appreciation of goldfish, but to blame the council
for not buying the club for you reeks of rank stupidity and a hint of the
kind of polarised, myopic self-interest normally only found in second
generation inbred carnies.
Face it - leeds is a rugby league town these days...
Dan
"]v[etaphoid" <me...@phod.com> wrote in message
news:4addb760$0$17749$afc3...@news.optusnet.com.au...
training ground, not the club.
>
> Face it - leeds is a rugby league town these days...
Leeds has always been a rugby city meta, rhino's, hunslet, carnegie,
bramley et-al, footie has been this city's second sport since the end of the
19th century.
Dan
richest rugby club in europe, yet their ground is always being
developed/improved/renovated etc by leeds city council, but some cunts are
up in arms when the only footie club wants a slice of the sport budget.
Joey Hoffnaagle
"Dan" <d...@dan.con> wrote in message
>
> "]v[etaphoid" <me...@phod.com> wrote in message
> news:4addb760$0$17749$afc3...@news.optusnet.com.au...
>>
>> "Dan" <d...@dan.con> wrote in message
>> news:lq6dnczaJomCWUTX...@bt.com...
>>> Leeds United have failed to buy back their Thorp Arch training ground
>>> but will continue to rent the site for the next 20 years.
>>>
>>> Leeds city council had planned to buy the training ground for �6m and
>>> lease it back to the club.
>> <snip 3kb of self-pity>
>>
>> How long exactly have leeds untied been a registered charity?
>>
>> It was bad enough the way you lot hounded Ridsdale out for daring to
>> exercise an affordable appreciation of goldfish, but to blame the council
>> for not buying the club for you reeks of rank stupidity and a hint of the
>> kind of polarised, myopic self-interest normally only found in second
>> generation inbred carnies.
>
> training ground, not the club.
Why would the council need a training ground?
>> Face it - leeds is a rugby league town these days...
>
> Leeds has always been a rugby city meta, rhino's, hunslet, carnegie,
> bramley et-al, footie has been this city's second sport since the end of
> the 19th century.
So if we agree, why are we arguing?
Joey Hoffnaagle
"Dan" <d...@dan.con> wrote in message
I'd sooner see the money spent on the children.
If only, in the forlorn hope of improving the vocabulary of your typical
yaaarkshireman...
gram
"Joey Hoffnaagle" <jo...@yahoo.com> wrote in message
news:hbmf15$n2$1...@news.eternal-september.org...