Sorry but that's not how English Contract Law works.

If Ben Bailey offerred to pay £6m say but the land in now only worth £2m due to the collapse of the housing market you cannot enforce a Contract that is against the financial interest of the purchaser. You will only get what the land is worth now.

You have the option to either accept the current value or you can keep any deposit or option fee that you will have been paid and look for another purchaser.

And you lot on here have a go at me for picking the negatives out of your plans.

There is a difference in picking negatives for the sake of it and being factual.

to the races?

no , dont think LEEDS CITY COUNCIL would allow it

Not their decision.

I may be wrong but I thought their concerns had been addressed by YorkCourt.

i believe both parties will be pleased to have rapped up the deal,for whats its worth im led to believe the land is now worth slightly more than the original sale value but it was in our interest and ben bailey homes to do the deal now rather than let the buying option run out in 12 months time. we could have got a little more and ben bailey will also have been keen has their were 4 other bidders ready to pounce when the option had run out.

Thats good news for you. Surprised that its worth more than the original sale price - certainly bucked the trend of all other housing land in Yorkshire that has more than halved in value. You must have a slick negotiator.

Best of luck with the Stadium and hope to continue our derby games at Glasshougton and Newmarket.

Either that or the deal was an absolute shocker the first time around

Well according to some the original sale was under value in order to get it done quickly, which is probably why it's worth more now.

You do make me chuckle!



Good luck with it!

I didn't know that YorkCourt had withdrawn the application!

Painfully lame.

Good try though

Sums up 99% of her posts!

Cheers, Thank's for that.

There are now alot more plans for building round the area, all the river front is to be developed as well as the hicksons site itself which will have housing as well as other facilities, which will have pushed the land value up as any houses can be sold for a higher value. Also several people at the time said that we had undersold the value of the land in order to get the sale pushed through.

Things are looking pretty good for us now.

Hopefully you will get some equally good news on the 22nd of the month.

that didn't happen in a village where I lived it had the reverse effect and dropped the value down,
if you flood any market with an abundance of a product what ever it is the price will then either drop or stay un taken,
and the last any company wants is to have their money just sat there doing nowt

With places like villages its differant, one of the reasons people move to villages is to be in a more isolated and quieter place, if you change that house prices will naturally drop.

Theres going be more than houses built in that area, all the river front is going be developed enviromentally and comercially,which ben bailey should be the first to exploit, while the hicksons site will take a little longer to fully develop.

Still can't see any rise in land values taking place, not in this neck of the woods anyway.

From reading "Robbo's" post on the t'other Cas board he is a little more cautious to say the least. And is he not a major shareholder?
According to him WR is not sold, you have an option to sell, with a deposit already paid (£200,000). Furthermore he seems to think any developer in the right mind would lose their deposit and renegotiate a new deal after the current one expired.- A point I can agree with.

You would imagine houses would be built at the same time as the wider development if you aim to charge more for them. Why would people want a view of the Hicksons site waiting to be developed- albeit for a few years?
Surely to charge more you would build houses at the same time/slightly after construction of the wider development has begun- then you can sell the houses as part of a vision of a new residential and commercial area, rather than the first part of a development- which to begin with will have very poor visually pleasing surroundings to say the least.

Not having a dig just asking for reference on what I read from another supporter and asking a genuine question; TBF the time for slinging mud has long since got very boring and counter productive.

I wouldnt pay too much attention to anything 'robbo' says he has a grudge against the club and has spoken alot of rubbish with no evidnece to back it up. Not long ago he was saying that the blast zone wasnt going to be cleared anytime soon. He has as much actual knowledge as 'rugbyball'.

So he's as pathetic as a Wigan salad bar then!!

Thanks for the heads up pye, will take him with a pinch of salt.
(I do enjoy reading t'other cas forum though)

Time for the closet door to swing wide open for you yet?

Intrigue with the comings and goings of the neighbours or "curtain twitching" and nothing more mate. It's an awful social trait, but one you indulge in all the same- hence you reading my post in the first place.

TBF (as I confessed last week) the dark secret in my closet is my Saints shirt, never would the black and amber swing from my hooks!