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Board index Championship Halifax - FaxFans.co.uk Bill for Shay East Stand work will rise to £5million

Posted by seanfax on Thu Feb 26, 2009 8:33 pm
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NEARLY £5 million will have been spent on the Shay stadium by the council when the work is completed in the autumn.





http://www.halifaxcourier.co.uk/news/Bi ... 5021605.jp
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Post Thu Feb 26, 2009 8:37 pm
Posted by Brew on Thu Feb 26, 2009 8:37 pm
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I know, I read the courier site about 2 hours ago :P

As long as it gets finished, I aren't overly bothered how much it costs, as long as it doesnt lead to Astronomical Rent prices for the club.
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Post Thu Feb 26, 2009 8:40 pm
Posted by seanfax on Thu Feb 26, 2009 8:40 pm
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Brew wrote:
I know, I read the courier site about 2 hours ago :P





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Post Thu Feb 26, 2009 8:48 pm
Posted by original_faxfan on Thu Feb 26, 2009 8:48 pm
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Brew wrote:
I know, I read the courier site about 2 hours ago :P

As long as it gets finished, I aren't overly bothered how much it costs, as long as it doesnt lead to Astronomical Rent prices for the club.


Of couse it will impact the rent. There will be a business plan that repays the debt over a period of time. The more it costs the more the rent will be.

If you take a loan out over 3 years, you'd expect borrowing another couple of grand to cost you more over the same period.
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Post Thu Feb 26, 2009 9:29 pm
Posted by Yob on Thu Feb 26, 2009 9:29 pm
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What I don't understand is how the Council will have spent an additional £500,000 because:

The latest estimate is much higher because Calderdale Council has received £190,000 from the Football Foundation.


Surely they will have spent £190,000 less, or they have £190,000 extra to spend :THINK:
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Post Thu Feb 26, 2009 9:35 pm
Posted by Nat (Rugby_Aholic) on Thu Feb 26, 2009 9:35 pm
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Easy Yob, you will give the council's accountants a headache. That’s not fair when they have got their GCSEs tomorrow.
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Post Thu Feb 26, 2009 9:52 pm
Posted by Fax4Life on Thu Feb 26, 2009 9:52 pm
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Yob wrote:
What I don't understand is how the Council will have spent an additional £500,000 because:



Surely they will have spent £190,000 less, or they have £190,000 extra to spend :THINK:


Hey thats the Courier journo not the Council - they have put it the wrong way round.
Journos, came past some in Leeds today asking for a hoot to support them in their fight to keep their jobs.
You must be joking, journos = writers of total garbage and tellers of none truths!
Post Thu Feb 26, 2009 10:31 pm
Posted by Yob on Thu Feb 26, 2009 10:31 pm
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Fax4Life wrote:
Hey thats the Courier journo not the Council - they have put it the wrong way round.
Journos, came past some in Leeds today asking for a hoot to support them in their fight to keep their jobs.
You must be joking, journos = writers of total garbage and tellers of none truths!


How is it the wrong way round?

Surely it's not cost £190,000 more because they've been given £500,000! :DOH:
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Post Fri Feb 27, 2009 8:05 pm
Posted by The Scratchin shed ghost on Fri Feb 27, 2009 8:05 pm
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New lease was only agreed and signed a few months back - will be a good while before the council can increase the rent plus there will be many more new revenue streams
Post Fri Feb 27, 2009 8:56 pm
Posted by Fax4Life on Fri Feb 27, 2009 8:56 pm
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Yob wrote:
How is it the wrong way round?

Surely it's not cost £190,000 more because they've been given £500,000! :DOH:


Like I said Journos - make a story read how they want to put it.
Its the COURIER saying £5 million so people believe it looks like you have - never believe all what you read especially in Newspapers like the Worrier.
I have no idea what its cost its nowt to do with me, all I know is that the figure of £4.5 million has been mentioned, the Football Foundation money is supposed to be £190,000 so the Courier add £190K to £4.5 million and come up with = sensational news story £5 million.

They must also work for RBS with those kind of sums! :lol:
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