Redevelopment rejected
+12
City 'til we're relegated
SteveS
Manchester Romans
LB
Bluebird
comrade powell
Freeview Joe
Peter Newman
tovid
Bridgeyate
SteveBradley
stillmanjunior
16 posters
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Re: Redevelopment rejected
I think Luton Roman has alluded to the potential problems for the Club with its majority shareholding being held by the Society. That means there is limited or no prospect of any external investment without that investor having some form of control.
Currently with the current virus situation the public health is the priority but its impact on the UK and world economy is also frightening. The massive losses on the various stock exchanges will mean the sort of person or entity who is planning to invest in a football club may not have the capacity to do so. What is more is those clubs that have sort of investment, currently, may well find it withdrawn in the future. For example will Emirates still be able to provide financial support to Asenal.
If our planning application had been successful would Greenacre still been in a position to proceed with the development?
Currently with the current virus situation the public health is the priority but its impact on the UK and world economy is also frightening. The massive losses on the various stock exchanges will mean the sort of person or entity who is planning to invest in a football club may not have the capacity to do so. What is more is those clubs that have sort of investment, currently, may well find it withdrawn in the future. For example will Emirates still be able to provide financial support to Asenal.
If our planning application had been successful would Greenacre still been in a position to proceed with the development?
Peter Newman- Posts : 466
Join date : 2015-09-12
Re: Redevelopment rejected
Peter's point is a very valid one. I think that quite a few clubs could be in serious trouble if the suspension of the season goes on for too long - for our part we may well miss out on four potential near four-figure gates. Interesting and worrying times.
LB- Posts : 1293
Join date : 2014-02-23
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