Author Topic: Sell our soul ?  (Read 48599 times)

Offline Andy

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Re: Sell our soul ?
« Reply #30 on: September 10, 2023, 07:37:13 AM »
Allen Stanford anyone?
Emphasis on 'reputable' here. Let's make something clear, I'm not advocating letting any old crook with a big smile who flashes a briefcase full of money through the door. But I am happy to listen to a person/persons who comes to the table with proven wealth, a bloody good ground plan and business plan, who are more than happy to rock up to Chelmsford and pitch to the members face-to-face, fielding all the difficult questions.

Mathew 19:23-24 — Then Jesus said to His disciples, “Assuredly, I say to you that it is hard for a rich man to enter the kingdom of heaven. And again I say to you, it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God.”

Offline Perov

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Re: Sell our soul ?
« Reply #31 on: September 10, 2023, 09:10:48 AM »
The best way to become a millionaire,  is to be a multi millionaire  and buy a Cricket Club.

Offline Oldhasbeen

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Re: Sell our soul ?
« Reply #32 on: September 10, 2023, 09:15:38 AM »
Could you share some examples of construction deals made with contracts that watertight? 
Sounds like a lawyers' paradise to me. Anything goes wrong and it goes to court, Messrs Sue, Grabbit and Runne of Cheapside would be rubbing their hands with joy.
And what would there be to there to stop the company in question doing Lord knows what once it had fulfilled the contract?
No one would commit the amount of money required to build a new ground if they didn't want to make it a success, especially if those involved were reputable across the world of cricket.
For the VAST majority of big investors, success = making large amounts of money. It there was more money to be made by staging baseball or rock concerts, or  purely staging T20 or - god help us - T10 cricket ......

Offline SirChef26

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Re: Sell our soul ?
« Reply #33 on: September 10, 2023, 09:27:45 PM »
Could you share some examples of construction deals made with contracts that watertight? 
Sounds like a lawyers' paradise to me. Anything goes wrong and it goes to court, Messrs Sue, Grabbit and Runne of Cheapside would be rubbing their hands with joy.
And what would there be to there to stop the company in question doing Lord knows what once it had fulfilled the contract?
No one would commit the amount of money required to build a new ground if they didn't want to make it a success, especially if those involved were reputable across the world of cricket.
For the VAST majority of big investors, success = making large amounts of money. It there was more money to be made by staging baseball or rock concerts, or  purely staging T20 or - god help us - T10 cricket ......
Nothing wrong with concerts. Lancashire have managed to balance concerts and cricket for years. It also allows them to take county cricket to Southport and Blackpool. In fact over half the county grounds seem to host concerts across the cricket season these days. Baseball wouldn't be going anyway that doesn't have a minimum capacity of 50k, so you can rule that out.

A new ground would hopefully mean us being awarded a T20/16.4 franchise and all the money that comes with it, which may well in turn lead to the return of out-ground cricket that the majority of members clamour for. I'm sure they'd have no issue funding games at Colchester and Ilford for Essex whilst the Sky Sports mob have their hit and giggle fun at the new place.

Offline nat

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Re: Sell our soul ?
« Reply #34 on: September 11, 2023, 05:47:00 AM »
This guy is an agent provocateur. Lanky have not made a success of their OT development…in cricketing terms. Their members are in open revolt.

Offline essexfan548

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Re: Sell our soul ?
« Reply #35 on: September 11, 2023, 10:42:52 AM »
This guy is an agent provocateur. Lanky have not made a success of their OT development…in cricketing terms. Their members are in open revolt.

I agree - I have a Lancashire member friend, who was on the committee when they had one, they are fuming!

Offline Andy

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Re: Sell our soul ?
« Reply #36 on: September 11, 2023, 10:57:59 AM »
This guy is an agent provocateur. Lanky have not made a success of their OT development…in cricketing terms. Their members are in open revolt.

I agree - I have a Lancashire member friend, who was on the committee when they had one, they are fuming!

What’s new?  Are they angry about the pitch being churned up by concert goers or the encroachment of the 16.5 onto the county calendar? 

Last time I went past OT cc half the ground was a construction site.  What the Luftwaffe failed to do in the war…Anyone got the Agent Provocateur album?

Offline Oldhasbeen

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Re: Sell our soul ?
« Reply #37 on: September 11, 2023, 11:47:39 AM »
Could you share some examples of construction deals made with contracts that watertight? 
Sounds like a lawyers' paradise to me. Anything goes wrong and it goes to court, Messrs Sue, Grabbit and Runne of Cheapside would be rubbing their hands with joy.
And what would there be to there to stop the company in question doing Lord knows what once it had fulfilled the contract?
No one would commit the amount of money required to build a new ground if they didn't want to make it a success, especially if those involved were reputable across the world of cricket.
For the VAST majority of big investors, success = making large amounts of money. It there was more money to be made by staging baseball or rock concerts, or  purely staging T20 or - god help us - T10 cricket ......
Nothing wrong with concerts. Lancashire have managed to balance concerts and cricket for years. It also allows them to take county cricket to Southport and Blackpool. In fact over half the county grounds seem to host concerts across the cricket season these days. Baseball wouldn't be going anyway that doesn't have a minimum capacity of 50k, so you can rule that out.

A new ground would hopefully mean us being awarded a T20/16.4 franchise and all the money that comes with it, which may well in turn lead to the return of out-ground cricket that the majority of members clamour for. I'm sure they'd have no issue funding games at Colchester and Ilford for Essex whilst the Sky Sports mob have their hit and giggle fun at the new place.
By the time  your theoretical ground is finished, would 16.4 still be around? Who knows?
The concerts/baseball examples are just .. examples. The point is that new owners will, in all probability, be looking to maximise profits, and if something else other than cricket could make more money, they'd certainly be considering it.
And I still wait for you to share some examples of construction deals made with contracts as watertight as you require.

Offline SirChef26

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Re: Sell our soul ?
« Reply #38 on: September 11, 2023, 03:37:00 PM »
Could you share some examples of construction deals made with contracts that watertight? 
Sounds like a lawyers' paradise to me. Anything goes wrong and it goes to court, Messrs Sue, Grabbit and Runne of Cheapside would be rubbing their hands with joy.
And what would there be to there to stop the company in question doing Lord knows what once it had fulfilled the contract?
No one would commit the amount of money required to build a new ground if they didn't want to make it a success, especially if those involved were reputable across the world of cricket.
For the VAST majority of big investors, success = making large amounts of money. It there was more money to be made by staging baseball or rock concerts, or  purely staging T20 or - god help us - T10 cricket ......
Nothing wrong with concerts. Lancashire have managed to balance concerts and cricket for years. It also allows them to take county cricket to Southport and Blackpool. In fact over half the county grounds seem to host concerts across the cricket season these days. Baseball wouldn't be going anyway that doesn't have a minimum capacity of 50k, so you can rule that out.

A new ground would hopefully mean us being awarded a T20/16.4 franchise and all the money that comes with it, which may well in turn lead to the return of out-ground cricket that the majority of members clamour for. I'm sure they'd have no issue funding games at Colchester and Ilford for Essex whilst the Sky Sports mob have their hit and giggle fun at the new place.
By the time  your theoretical ground is finished, would 16.4 still be around? Who knows?
The concerts/baseball examples are just .. examples. The point is that new owners will, in all probability, be looking to maximise profits, and if something else other than cricket could make more money, they'd certainly be considering it.
And I still wait for you to share some examples of construction deals made with contracts as watertight as you require.
I'm not a lawyer, why would I have any examples? It's a theory.

And yes the 16.4 will still be around in some shape or form. It's here until 2028 for certain and the competition/teams will have been sold off to private investors long before that deal becomes even close to expiring, which it never will as Sky will simply renew it as they did earlier this year.

I'd go as far as to say Essex's future as a full-time professional cricket club is far less secure than that of the 16.4. Yep, hard to hear but that's the reality at present.

As for Lancashire, they made a £3m profit last year and that will probably rise again this year following an Ashes summer. The reason a few members are pissed off is because they haven't won anything in a few years, mainly due to their awful coach (Chapple) and cricket staff. Yet, they finished runners-ups in three different competitions in 2022. Bet those members wouldn't have been moaning had they won the treble!

They should be grateful that whatever happens, they'll definitely have a full-time county club to support in years to come. Plus as Andy said, that lot could start an argument in an empty room...

Offline Oldhasbeen

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Re: Sell our soul ?
« Reply #39 on: September 11, 2023, 05:35:00 PM »

I'm not a lawyer, why would I have any examples? It's a theory.

"Theory?" It's absolute moonshine.
Let me rephrase my question: Can you provide an example of a deal of the type you posit, i.e. the take over of a mutual by an individual or corporation which includes guaranteed delivery of a large-scale construction project by a fixed date with the penalty for failure being that said individual/corporation gives up its shareholding for nothing?
 
If any such deal existed it would have been big news in the sports world and could be found by searching the web.


« Last Edit: September 11, 2023, 07:11:24 PM by oldhasbeen »

Offline vim

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Re: Sell our soul ?
« Reply #40 on: September 11, 2023, 05:58:50 PM »
If the block of flats had been been built behind the scoreboard, it would have an example of a slum of the future. Not only would there not have been room to swing a cat, assuming that you were allowed to have one. The traffic noise would be deafening.

Offline essexfan548

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Re: Sell our soul ?
« Reply #41 on: September 11, 2023, 06:23:34 PM »
If you look on Rightmove there are a lot of the Century Tower apartments for sale ....

Offline vim

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Re: Sell our soul ?
« Reply #42 on: September 11, 2023, 07:20:20 PM »
I have just looked at a two bedroom flat. Service charge and ground rent £4700 p.a. If you are buy to let landlord without a tenant or one that has done a moonlit flit, you are liable as well as paying an ever increasing mortage.

No wonder these are advertised as reduced and no onward chain.

Offline essexfan548

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Re: Sell our soul ?
« Reply #43 on: September 11, 2023, 08:45:29 PM »
I have just looked at a two bedroom flat. Service charge and ground rent £4700 p.a. If you are buy to let landlord without a tenant or one that has done a moonlit flit, you are liable as well as paying an ever increasing mortage.

No wonder these are advertised as reduced and no onward chain.

It does include heating .. but very expensive.

I have stayed in one and it was incredibly warm and the balconies aren't to be used.