General New Stadium Plans - The Triangle - Land Deal

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RyanioBirdio said:
The information just released to the local council suggests that the owners aren’t putting up the money themselves. At least not all of it. They are essentially vouching for the amount while taking it “to market” for seeding, which could mean almost anything.

I am certainly intrigued about who will actually fund the build under these proposed terms, and therefore who will actually own the stadium as a result, as well as what the ROI potential is to investors and what that means for the club, both in terms of revenue and potential debt.
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Agreed, I've been worried about this from day one. We can't have another Kassam situation! Colin B has in the past reassured me about this and confirmed that OUFC will own the stadium, and things will be put in place to ensure the club and the stadium can never be separated. We've also been reassured that OUFC will not pay any rent, and only a peppercorn rent for the lease.

So I agree, how £100m can be raised in debt will be interesting to see. I imagine a big part of it will be a long term stadium sponsorship deal, which is probably the unfortunate price you have to pay in modern football, but I doubt that'll cover the full amount. Where is the rest coming from and what is the expectation from OUFC in return?
 
OnlyOneUnited said:
Agreed, I've been worried about this from day one. We can't have another Kassam situation! Colin B has in the past reassured me about this and confirmed that OUFC will own the stadium, and things will be put in place to ensure the club and the stadium can never be separated. We've also been reassured that OUFC will not pay any rent, and only a peppercorn rent for the lease.

So I agree, how £100m can be raised in debt will be interesting to see. I imagine a big part of it will be a long term stadium sponsorship deal, which is probably the unfortunate price you have to pay in modern football, but I doubt that'll cover the full amount. Where is the rest coming from and what is the expectation from OUFC in return?
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we do need an open fans forum
 
OnlyOneUnited said:
Agreed, I've been worried about this from day one. We can't have another Kassam situation! Colin B has in the past reassured me about this and confirmed that OUFC will own the stadium, and things will be put in place to ensure the club and the stadium can never be separated. We've also been reassured that OUFC will not pay any rent, and only a peppercorn rent for the lease.

So I agree, how £100m can be raised in debt will be interesting to see. I imagine a big part of it will be a long term stadium sponsorship deal, which is probably the unfortunate price you have to pay in modern football, but I doubt that'll cover the full amount. Where is the rest coming from and what is the expectation from OUFC in return?
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It won't all be debt. Just like mortgages a significant deposit/equity will be needed.

It's already been said that the ownership of the stadium company will be the same as the club.
 
Orkney Islands Yellow said:
It's already been said that the ownership of the stadium company will be the same as the club.
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That was certainly the explanation given when the owners were planning on funding it all themselves, but if they’re now going to the markets to raise funds, any investors could form part of the ownership.

There has never been mention until yesterday of anybody outside of the current owners, shareholders and directors funding the stadium build. This is the first we’ve heard of any sort of seeding or raising of capital from external sources.

Clarification is needed. It’s important that we know who is paying for the stadium and where the funding is coming from.
 
RyanioBirdio said:
That was certainly the explanation given when the owners were planning on funding it all themselves, but if they’re now going to the markets to raise funds, any investors could form part of the ownership.

There has never been mention until yesterday of anybody outside of the current owners, shareholders and directors funding the stadium build. This is the first we’ve heard of any sort of seeding or raising of capital from external sources.

Clarification is needed. It’s important that we know who is paying for the stadium and where the funding is coming from.
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All of this is made even more interesting by the fact that the Triangle will quite clearly have a reduced ROI, so what would these folks be getting
 
OnlyOneUnited said:
Agreed, I've been worried about this from day one. We can't have another Kassam situation! Colin B has in the past reassured me about this and confirmed that OUFC will own the stadium, and things will be put in place to ensure the club and the stadium can never be separated. We've also been reassured that OUFC will not pay any rent, and only a peppercorn rent for the lease.

So I agree, how £100m can be raised in debt will be interesting to see. I imagine a big part of it will be a long term stadium sponsorship deal, which is probably the unfortunate price you have to pay in modern football, but I doubt that'll cover the full amount. Where is the rest coming from and what is the expectation from OUFC in return?
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Oxford United Football Club was never going to own the stadium, and everyone was upfront about that from day one. However, there will be legal protection that will prevent the club and stadium being separated and also ensure that the football club retains all matchday income. We will never again see the situation that we have now where we are a hostage to Kassam.

There are three questions, but I'm not sure that either are hugely significant.

1. How will the £100m be raised? We've all seen examples of sport washing, and it's not unreasonable to question where the money is coming from and whether it is linked to any dodgy regimes or individuals. So we need confidence that any money raised through "the markets" is above board.

2. What will the investors get in return? If someone had £50m down the back of their sofa and fancied investing into the best football club in the world's new home, then great. But would they want a place or the board? Would they expect to have a say in the running of the football club etc. That might not be a bad thing, but it could also leave us with some people that we wouldn’t want having too much control.

3. Where is the return? Without knowing the full picture of associated businesses on the site it's not immediately clear what returns will be available, but there could still be a tidy return. The hotel is perfectly placed to meet the demand for Blenheim Palace and Bicester Village and will probably be priced above the Travelodge/Holiday Express types and will meet a gap in the market. Conference facilities will bring in a steady income, as will other facilities onsite, and naming rights and stadium sponsorship will also bring money in. None of this will provide an investor with a quick buck, but it will give a long term opportunity with regular returns.

I don't think that this changes anything regarding the stadium plans or the liklihood of it being built, but clarity is needed to ensure that our closets won't suddenly have a skeleton or two moving in.
 
Yellowmania said:
From that update it says our Director of Development Jon Clarke was at a meeting. Is this a new appointment? Not a name I recognise.
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Jon was/is Horst's UK property guy and has been around the club for about four years, initially as Horst's eyes and ears, but latterly on a full time basis as a club employee. He is not employed by Legends, as someone else suggested, that is David Garth, our ex Commercial Director. David worked with Erick Thohir at Inter Milan, and also worked at Man Utd with Tim Williams, so it's all a bit incestuous.

I worked (unpaid) with both, and Niall McWilliams, from late 2018 getting the stadium project up and running, but am now one step removed from the coalface.
 
unification said:
No Cllr Middleton to keep an eye on in today's OCC meeting.

Shame. I wanted to see his face crumble as they (hopefully) proceed with the next step for us.

I'm not sure if it has been mentioned here before but his seconder to be a KPC councillor for Exeter Ward was Trevor Campbell, wife of Victoria. And he has the gall to say he is neutral when the husband of FOSB's leader is his seconder!

I notice he has gone pretty quiet on Nextdoor re. anything stadium related. He's still there talking about speed limits. Maybe someone has told him to pipe down on the stadium for obvious reasons ...
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I suspect it has something to do with the three (might be four?) separate investigations he's currently under, in relation to his online antics..................
 
Colin B said:
Jon was/is Horst's UK property guy and has been around the club for about four years, initially as Horst's eyes and ears, but latterly on a full time basis as a club employee. He is not employed by Legends, as someone else suggested, that is David Garth, our ex Commercial Director. David worked with Erick Thohir at Inter Milan, and also worked at Man Utd with Tim Williams, so it's all a bit incestuous.

I worked (unpaid) with both, and Niall McWilliams, from late 2018 getting the stadium project up and running, but am now one step removed from the coalface.
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Out of interest Colin do you still have any input in the stadium project/working on it in some aspect?
 
RyanioBirdio said:
That was certainly the explanation given when the owners were planning on funding it all themselves, but if they’re now going to the markets to raise funds, any investors could form part of the ownership.

There has never been mention until yesterday of anybody outside of the current owners, shareholders and directors funding the stadium build. This is the first we’ve heard of any sort of seeding or raising of capital from external sources.

Clarification is needed. It’s important that we know who is paying for the stadium and where the funding is coming from.
Click to expand...
Forgive my ignorance but couldn’t go to the markets just mean borrow the money? They wouldn’t pay for it with their own funds.
 
RyanioBirdio said:
That was certainly the explanation given when the owners were planning on funding it all themselves, but if they’re now going to the markets to raise funds, any investors could form part of the ownership.

There has never been mention until yesterday of anybody outside of the current owners, shareholders and directors funding the stadium build. This is the first we’ve heard of any sort of seeding or raising of capital from external sources.

Clarification is needed. It’s important that we know who is paying for the stadium and where the funding is coming from.
Click to expand...
A fans forum is very much needed
 
Yellow and blue said:
There is a fantastic gym at Langford Lane,oxford Airport.VIDA,I think.
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Vida is very over subscribed, and Gosford liesure centre is a very low standard for what you pay.

Modern gyms such as Puregym or Buzzgym are what's needed, cheap flexible memberships available 24hrs a day, that makes them easily accessible for everyone.
 
werthersoriginal said:
Forgive my ignorance but couldn’t go to the markets just mean borrow the money? They wouldn’t pay for it with their own funds.
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“Going to market” commonly refers to equity being raised by sale of shares, rather than simply securing a bank loan.

Oxford United was never going to own the stadium itself per se, but it was always stated that the current owners would fund the move themselves and subsequently tie the club to the stadium. If who exactly is paying for the stadium has changed in any way, particularly if a fair chunk of the finance might be sourced via the open market, that’s quite significant.

We need to know how much money the owners and directors will be putting into the build themselves, how much will therefore be sourced at market and via what methods, and broadly what the terms of any ROI are to investors. We also need to understand if there are changes to the club’s terms as a result, specifically in terms of revenue streams relating to the development.
 
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