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It's my understanding that Saints have to leave KR at the end of October as Langtree? have a contract in place for the purchase / ownership of the land from then.
Is that correct?
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| Quote ="Rogues Gallery"It's my understanding that Saints have to leave KR at the end of October as Langtree? have a contract in place for the purchase / ownership of the land from then.
Is that correct?'"
No.
Taylor Wimpey entered into a contract a number of years ago to purchase the Knowsley Road site at a set price based upon land values at the time. The contract will include a "longstop" date by which time Saints will have to hand-over the land or the contract can be invalidated by Taylor Wimpey.
Taylor Wimpey are paying massiveley over the odds for the land and would love the opportunity to get out of the purchase. Saints have no alternative but to vacate Knowsley Road by the date mentioned as to not do so would bring the whole deal crashing down as they wouldn't be able to put their "share" of funding into the pot. The way things are looking I woould not be suprised to see Saints spend the whole of the 2011 season on the road. |
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| Quote ="Paul Youane"The way things are looking I woould not be suprised to see Saints spend the whole of the 2011 season on the road.'"
Nor would I, given the silence from the club. |
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| Quote ="Paul Youane"No.
Taylor Wimpey entered into a contract a number of years ago to purchase the Knowsley Road site at a set price based upon land values at the time. The contract will include a "longstop" date by which time Saints will have to hand-over the land or the contract can be invalidated by Taylor Wimpey.
Taylor Wimpey are paying massiveley over the odds for the land and would love the opportunity to get out of the purchase. Saints have no alternative but to vacate Knowsley Road by the date mentioned as to not do so would bring the whole deal crashing down as they wouldn't be able to put their "share" of funding into the pot. The way things are looking I woould not be suprised to see Saints spend the whole of the 2011 season on the road.'"
So I was right except that it wasn't Langtree hence the? |
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| Quote ="Rogues Gallery"So I was right except that it wasn't Langtree hence the?'"
yep |
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| Quote ="Paul Youane"No.
Taylor Wimpey entered into a contract a number of years ago to purchase the Knowsley Road site at a set price based upon land values at the time. The contract will include a "longstop" date by which time Saints will have to hand-over the land or the contract can be invalidated by Taylor Wimpey.
Taylor Wimpey are paying massiveley over the odds for the land and would love the opportunity to get out of the purchase. Saints have no alternative but to vacate Knowsley Road by the date mentioned as to not do so would bring the whole deal crashing down as they wouldn't be able to put their "share" of funding into the pot. The way things are looking I woould not be suprised to see Saints spend the whole of the 2011 season on the road.'"
Taylor Wimpey may have paid over the odds for KR, but with a
guarantee of planning permission they did well out of the deal.
One main reason Saints are leaving KR early for mine, is the cost of the Bridging loan they need to take out.
The Saint are taking out an £8million bridging loan over 18 months, it will cost the club £750,000 in interest payements. the club must have their reason, but 18 months seems a little long. |
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| Quote ="Paul Youane"The one thing we do know is that Tesco CAN open their store without the stadium being open.
It is there to be seen in the S106 document.'"
Only if they cough up money to guarantee that the stadium will open.
Section 3.13 and 3.14 states
The Superstore would not open prior to the Stadium coming into use;
Should the developer request that the Superstore open prior to the
Stadium coming into use, then a bond would be put in place to cover the
remaining construction cost of the Stadium at the time the bond is entered
into.
The Council to subsequently agree that the Superstore can open on the basis the above is complied with.
The timescale for completing the development and calling on the bond would be either 18 months from the date the new Superstore is first open for trading; or following 6 months of inactivity on the site following occupation of the Superstore
3.14 The purpose of a bond is essentially to guarantee the completion of the Stadium building once the construction on the site had begun, should
anything unforeseen happen. The applicant’s proposals are such that, even if the Superstore were to be built, it could not begin to trade unless the Council agreed, and the necessary finance to complete the Stadium building was put in place.
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| Quote ="The Chair Maker"Only if they cough up money to guarantee that the stadium will open.
Section 3.13 and 3.14 states
The Superstore would not open prior to the Stadium coming into use;
Should the developer request that the Superstore open prior to the
Stadium coming into use, then a bond would be put in place to cover the
remaining construction cost of the Stadium at the time the bond is entered
into.
The Council to subsequently agree that the Superstore can open on the basis the above is complied with.
The timescale for completing the development and calling on the bond would be either 18 months from the date the new Superstore is first open for trading; or following 6 months of inactivity on the site following occupation of the Superstore
3.14 The purpose of a bond is essentially to guarantee the completion of the Stadium building once the construction on the site had begun, should
anything unforeseen happen. The applicant’s proposals are such that, even if the Superstore were to be built, it could not begin to trade unless the Council agreed, and the necessary finance to complete the Stadium building was put in place.
'"
I like that, but then to tesco the numbers involved here are chicken feed |
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| Quote ="The Chair Maker"Only if they cough up money to guarantee that the stadium will open.
Section 3.13 and 3.14 states
The Superstore would not open prior to the Stadium coming into use;
Should the developer request that the Superstore open prior to the
Stadium coming into use, then a bond would be put in place to cover the
remaining construction cost of the Stadium at the time the bond is entered
into.
The Council to subsequently agree that the Superstore can open on the basis the above is complied with.
The timescale for completing the development and calling on the bond would be either 18 months from the date the new Superstore is first open for trading; or following 6 months of inactivity on the site following occupation of the Superstore
3.14 The purpose of a bond is essentially to guarantee the completion of the Stadium building once the construction on the site had begun, should
anything unforeseen happen. The applicant’s proposals are such that, even if the Superstore were to be built, it could not begin to trade unless the Council agreed, and the necessary finance to complete the Stadium building was put in place.
'"
Nice pwnage there mate. |
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On the Tesco part of it, and I'm not being negative. In the current economic climate would Tesco really be be bothered about any major delays.
They already have a town store which IMO is in a better location than the one they are moving to.
Even if the new store is bigger, how long will it take thm to get their money back on that investment?
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| Quote ="Rogues Gallery"On the Tesco part of it, and I'm not being negative. In the current economic climate would Tesco really be be bothered about any major delays.
They already have a town Centre store which IMO is in a better location than the one they are moving to.
Even if the new store is bigger, how long will it take thm to get their money back on that investment?'"
I'll take a guess there will be an announcement before the date Saints play Wire so don't worry you little grey hairs mate  |
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| Quote ="Rogues Gallery"On the Tesco part of it, and I'm not being negative. In the current economic climate would Tesco really be be bothered about any major delays.
They already have a town Centre store which IMO is in a better location than the one they are moving to.
Even if the new store is bigger, how long will it take thm to get their money back on that investment?'"
Tesco live in a different economic world, they will open their bigger shop to get customers out of morrisons/ASDA, return on investment will take months, not years. |
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| Quote ="Paul Youane"Not quite that clearly apparently, as the bond is only put in place when they want to open the Tesco store before the stadium is complete. The bond is for the value of the outstanding value of the stadium works and in effect is a "guarantee" for the council that Langtree will finish off the stadium works even though the money generating part of the development is up and running ie if Langtree don't finish the stadium the Council call the bond in and use that money to finish the stadium.'"
Oh no! That's really "pwnage" of myself (and to be fair a lot more concise and accurate version of what the bond is than Chair Maker's description). |
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| Quote ="Paul Youane"Oh no! That's really "pwnage" of myself (and to be fair a lot more concise and accurate version of what the bond is than Chair Maker's description).'"
haha you had to bite didnt you  |
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| Quote ="Rogues Gallery"On the Tesco part of it, and I'm not being negative. In the current economic climate would Tesco really be be bothered about any major delays.
They already have a town Centre store which IMO is in a better location than the one they are moving to.
Even if the new store is bigger, how long will it take thm to get their money back on that investment?'"
Tesco have just opened 4(i think its 4) new tesco stores in and around the north.
They also will be building a new tesco in widnes with construction starting in april. Sainsburys and morrisons have also building new stores around the country.
For whatever reason supermarkets are still being built even in the current economic climate, so i wouldn't worry to much about tesco not being bothered. |
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| Quote ="St pete"Tesco have just opened 4(i think its 4) new tesco stores in and around the north.
They also will be building a new tesco in widnes with construction starting in april. Sainsburys and morrisons have also building new stores around the country.
For whatever reason supermarkets are still being built even in the current economic climate, so i wouldn't to much about tesco not being bothered.'"
The rules governing Supermarkets are being tightened up shortly, Tesco have about 30 in the pipeline. |
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Quote ="The Doghead"The rules governing Supermarkets are being tightened up shortly, Tesco have about 30 in the pipeline.'"
Tesco seem to be slowly taking over the world!! They can be stopped as soon as our project is completed and the stadium open 
I'd like to see some site clearance started, its just been a huge pile of bricks and out buildings for so long now its getting boring, no wonder there are rumours abound of delays and problems.
It was exactly 2 months yesterday since the club last posted an update on the website and while i don't expect miracles, just a press release from Saints on who has won the building contract would be a start, its hard to understand any secrecy on matters like this it leaves it wide open to unwanted speculation.
As things stand if we manage to get the ball rolling in the next 6 weeks which seems highly optimistic given the lack of news, allowing only 3 months for contingency (not a lot on a major development) we'll be lucky to be in between May-July 2011!
Wonder if Turner will be doing coaches to Widnes/Leigh...
www.thebusinessdesk.com/northwes ... ction=4148
Only a snippet which may have been posted before but the article says:
"And in May, it intends to start work on St Helens Rugby League Football Club's new £50m 18,000-capacity stadium."
Which looks closer to July/August 2011  |
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Quote ="The Doghead"The rules governing Supermarkets are being tightened up shortly, Tesco have about 30 in the pipeline.'"
Tesco seem to be slowly taking over the world!! They can be stopped as soon as our project is completed and the stadium open
I'd like to see some site clearance started, its just been a huge pile of bricks and out buildings for so long now its getting boring, no wonder there are rumours abound of delays and problems.
It was exactly 2 months yesterday since the club last posted an update on the website and while i don't expect miracles, just a press release from Saints on who has won the building contract would be a start, its hard to understand any secrecy on matters like this it leaves it wide open to unwanted speculation.
As things stand if we manage to get the ball rolling in the next 6 weeks which seems highly optimistic given the lack of news, allowing only 3 months for contingency (not a lot on a major development) we'll be lucky to be in between May-July 2011!
Wonder if Turner will be doing coaches to Widnes/Leigh...
www.thebusinessdesk.com/northwes ... ction=4148
Only a snippet which may have been posted before but the article says:
"And in May, it intends to start work on St Helens Rugby League Football Club's new £50m 18,000-capacity stadium."
Which looks closer to July/August 2011 | |
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Quote ="Chris Saint"Tesco seem to be slowly taking over the world!! They can be stopped as soon as our project is completed and the stadium open
I'd like to see some site clearance started, its just been a huge pile of bricks and out buildings for so long now its getting boring, no wonder there are rumours abound of delays and problems.
It was exactly 2 months yesterday since the club last posted an update on the website and while i don't expect miracles, just a press release from Saints on who has won the building contract would be a start, its hard to understand any secrecy on matters like this it leaves it wide open to unwanted speculation.
As things stand if we manage to get the ball rolling in the next 6 weeks which seems highly optimistic given the lack of news, allowing only 3 months for contingency (not a lot on a major development) we'll be lucky to be in between May-July 2011!
Wonder if Turner will be doing coaches to Widnes/Leigh...
www.thebusinessdesk.com/northwes ... ction=4148
Only a snippet which may have been posted before but the article says:
"And in May, it intends to start work on St Helens Rugby League Football Club's new £50m 18,000-capacity stadium."
Which looks closer to July/August 2011
'"
The rumour (strong one) going round (has come to me from different sources) is a 15th March announcemnt and almost imimediate start on a 60 week build.
Also that the club are not in the driving seat with regards the tender process and therefore can't get involved without other parties announcing first. |
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Quote ="Chris Saint"Tesco seem to be slowly taking over the world!! They can be stopped as soon as our project is completed and the stadium open
I'd like to see some site clearance started, its just been a huge pile of bricks and out buildings for so long now its getting boring, no wonder there are rumours abound of delays and problems.
It was exactly 2 months yesterday since the club last posted an update on the website and while i don't expect miracles, just a press release from Saints on who has won the building contract would be a start, its hard to understand any secrecy on matters like this it leaves it wide open to unwanted speculation.
As things stand if we manage to get the ball rolling in the next 6 weeks which seems highly optimistic given the lack of news, allowing only 3 months for contingency (not a lot on a major development) we'll be lucky to be in between May-July 2011!
Wonder if Turner will be doing coaches to Widnes/Leigh...
www.thebusinessdesk.com/northwes ... ction=4148
Only a snippet which may have been posted before but the article says:
"And in May, it intends to start work on St Helens Rugby League Football Club's new £50m 18,000-capacity stadium."
Which looks closer to July/August 2011
'"
The rumour (strong one) going round (has come to me from different sources) is a 15th March announcemnt and almost imimediate start on a 60 week build.
Also that the club are not in the driving seat with regards the tender process and therefore can't get involved without other parties announcing first. | |
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considering we will be losing revenue the longer we are not in our own stadium there will be financial penalities to the builder for any delays, so i expect it to finish within the quoted 60 week build time
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| Quote ="Sadfish"The rumour (strong one) going round (has come to me from different sources) is a 15th March announcemnt and almost imimediate start on a 60 week build.
Also that the club are not in the driving seat with regards the tender process and therefore can't get involved without other parties announcing first.'"
Well i don't really care where an announcement comes from anymore, anyone involved will do lol...
Starting late March /April for 60 weeks is still June barring any delays, still i hope the rumour is true! |
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| Quote ="Saint Simon"considering we will be losing revenue the longer we are not in our own stadium there will be financial penalities to the builder for any delays, so i expect it to finish within the quoted 60 week build time'"
I work within the construction game, it's not very often jobs meet there deadlines.
The penalities for not hitting deadlines are massive! And i mean huge, but in this country nobody can predict how the weather. I did no buisnes from the 21st december 2009 up to 18th of jan 2010. Also with the recent cols weather not done much since.
That's the nature of the building game in england. |
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| Quote ="Sadfish"The rumour (strong one) going round (has come to me from different sources) is a 15th March announcemnt and almost imimediate start on a 60 week build.
Also that the club are not in the driving seat with regards the tender process and therefore can't get involved without other parties announcing first.'"
Langtree are not even involved in the Tender process, the have handed it on to a firm called ARCADIS, Langtree will oversee any appeals there may be. most of the pre plannng has been done by specialist in their field hired by Langtree. |
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| Quote ="The Doghead"Langtree are not even involved in the Tender process, the have handed it on to a firm called ARCADIS, Langtree will oversee any appeals there may be. most of the pre plannng has been done by specialist in their field hired by Langtree.'"
I never mentioned Langtree...... |
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| Quote ="Sadfish"I never mentioned Langtree......'"
Is right, just showing how remote the Tender process is from the club. |
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| Quote ="The Doghead"Is right, just showing how remote the Tender process is from the club.'"
good man! |
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