stadium lease

I read somewhere that the stadium cannot be sold until 2018, and thats when the lease expires with Cardiff city council .Can anybody confirm this .

Not sure about being able to sell
but I remember some one saying it could be mortgaged or rented in 2017or 2018
not sure if thats what your thinking about

The lease is a very long one, like 99 years , 125 or 150 ( quoted figures vary) so, no , not true

It's accede if really, who is going to want to buy a 33,000 capacity football stadium in Cardiff?

It's accede if really, who is going to want to buy a 33,000 capacity football stadium in Cardiff?

150million

I think, but I'm not 100% that the council will have the final say on something like this, and I don't think they'll allow it to be sold and knocked down or anything like that.

Ask carl or annis they know all about what can be done regarding mortgaging the stadium in 2017 or 2018 even though its on a very long lease there is certian release clauses or conditions of some kind that change in 2017 or 2018

Who would buy?

Can't see another sport being played there unless rugby league took off incredibly. There's no culture for other outdoor sports where there is a need for a stadium.

The value of the stadium is theoretical. It's a bit like the value of your home. Unless you have another to go to and can sell, it's all academic.

Who would buy?

Can't see another sport being played there unless rugby league took off incredibly. There's no culture for other outdoor sports where there is a need for a stadium.

The value of the stadium is theoretical. It's a bit like the value of your home. Unless you have another to go to and can sell, it's all academic.

Correct and sure council will look at the Coventry debarcle over their stadium when sold!

Who would buy?

Can't see another sport being played there unless rugby league took off incredibly. There's no culture for other outdoor sports where there is a need for a stadium.

The value of the stadium is theoretical. It's a bit like the value of your home. Unless you have another to go to and can sell, it's all academic.

You have to look outside the box
If some one bought the stadium who would want to use it
Yes one Cardiff city football club
What rent would we have to pay
Now let's say vt bought the lease and took out a loan on it then rented it to us
At present that's not allowed but in 2017 or 2018 I'm sure I've been told that the original council lease has allowed changes built in
As I said carl and annis know more than me

Who would buy?

Can't see another sport being played there unless rugby league took off incredibly. There's no culture for other outdoor sports where there is a need for a stadium.

The value of the stadium is theoretical. It's a bit like the value of your home. Unless you have another to go to and can sell, it's all academic.

You have to look outside the box
If some one bought the stadium who would want to use it
Yes one Cardiff city football club
What rent would we have to pay
Now let's say vt bought the lease and took out a loan on it then rented it to us
At present that's not allowed but in 2017 or 2018 I'm sure I've been told that the original council lease has allowed changes built in
As I said carl and annis know more than me

one of his companies could buy the stadium for his debt ,rename it and then rent it back to us for peanuts and fair play won't be broken ?

Who would buy?

Can't see another sport being played there unless rugby league took off incredibly. There's no culture for other outdoor sports where there is a need for a stadium.

The value of the stadium is theoretical. It's a bit like the value of your home. Unless you have another to go to and can sell, it's all academic.

You have to look outside the box
If some one bought the stadium who would want to use it
Yes one Cardiff city football club
What rent would we have to pay
Now let's say vt bought the lease and took out a loan on it then rented it to us
At present that's not allowed but in 2017 or 2018 I'm sure I've been told that the original council lease has allowed changes built in
As I said carl and annis know more than me

one of his companies could buy the stadium for his debt ,rename it and then rent it back to us for peanuts and fair play won't be broken ?

Wez I know something can be done soon but don't think it would be in the interest of ccfc

Could tan say like here's £2m worth of debt written off, now I own the stadium, here's a high rent figure, a way of demanding more cash when selling and a way of taking more cash from the club?

I can confirm the following but not sure how relevant it is to our current situation.
The lease is for 150 years from 3 September 2009.
There is a restriction in it stopping any mortgage of the stadium before 2026 without the landlords consent (Cardiff City Council)

I can confirm the following but not sure how relevant it is to our current situation.
The lease is for 150 years from 3 September 2009.
There is a restriction in it stopping any mortgage of the stadium before 2026 without the landlords consent (Cardiff City Council)

case cleared up 10 years untill a mortgage

I can confirm the following but not sure how relevant it is to our current situation.
The lease is for 150 years from 3 September 2009.
There is a restriction in it stopping any mortgage of the stadium before 2026 without the landlords consent (Cardiff City Council)

case cleared up 10 years untill a mortgage

Well that's good to know
if correct I was fed duff info hmmmm

This landlords consent is a bit of a bummer, although I thought you owned your stadium, or was that just for the balance sheet.

We at Swansea don't own our stadium and want to expand but the council won't give us landlords consent, it's a bit like you have a house, have lovely tenants and they say they want to put a conservatory on the back and it will cost you nothing. In our case the council will earn more revenue as our rent is taken as part of gate receipts (more crowd more revenue).
The downside is relegation but that's shortermism.

This landlords consent is a bit of a bummer, although I thought you owned your stadium, or was that just for the balance sheet.

We at Swansea don't own our stadium and want to expand but the council won't give us landlords consent, it's a bit like you have a house, have lovely tenants and they say they want to put a conservatory on the back and it will cost you nothing. In our case the council will earn more revenue as our rent is taken as part of gate receipts (more crowd more revenue).
The downside is relegation but that's shortermism.

What this may mean is the land which the stadium is built on belongs to the Council and we pay a peppercorn rent for the land (150 year lease). The stadium itself (the physical building) belongs to Cardiff City Stadium Ltd a subsidiary of the main company Cardiff City Football Club (Holdings).

So its a leasehold agreement. Probably the club would have to seek the council's permission if they wanted to knock down the stadium and build houses etc.

This landlords consent is a bit of a bummer, although I thought you owned your stadium, or was that just for the balance sheet.

We at Swansea don't own our stadium and want to expand but the council won't give us landlords consent, it's a bit like you have a house, have lovely tenants and they say they want to put a conservatory on the back and it will cost you nothing. In our case the council will earn more revenue as our rent is taken as part of gate receipts (more crowd more revenue).
The downside is relegation but that's shortermism.

What this may mean is the land which the stadium is built on belongs to the Council and we pay a peppercorn rent for the land (150 year lease). The stadium itself (the physical building) belongs to Cardiff City Stadium Ltd a subsidiary of the main company Cardiff City Football Club (Holdings).

So its a leasehold agreement. Probably the club would have to seek the council's permission if they wanted to knock down the stadium and build houses etc.

Thanks, our council are blackmailing us as they desperately want to sell, ie, if you don't buy, you can't build. Talk about killing the goose that laid the golden egg

This landlords consent is a bit of a bummer, although I thought you owned your stadium, or was that just for the balance sheet.

We at Swansea don't own our stadium and want to expand but the council won't give us landlords consent, it's a bit like you have a house, have lovely tenants and they say they want to put a conservatory on the back and it will cost you nothing. In our case the council will earn more revenue as our rent is taken as part of gate receipts (more crowd more revenue).
The downside is relegation but that's shortermism.

What this may mean is the land which the stadium is built on belongs to the Council and we pay a peppercorn rent for the land (150 year lease). The stadium itself (the physical building) belongs to Cardiff City Stadium Ltd a subsidiary of the main company Cardiff City Football Club (Holdings).

So its a leasehold agreement. Probably the club would have to seek the council's permission if they wanted to knock down the stadium and build houses etc.

Thanks, our council are blackmailing us as they desperately want to sell, ie, if you don't buy, you can't build. Talk about killing the goose that laid the golden egg

Maybe if you paid your bills the council would let you build

This landlords consent is a bit of a bummer, although I thought you owned your stadium, or was that just for the balance sheet.

We at Swansea don't own our stadium and want to expand but the council won't give us landlords consent, it's a bit like you have a house, have lovely tenants and they say they want to put a conservatory on the back and it will cost you nothing. In our case the council will earn more revenue as our rent is taken as part of gate receipts (more crowd more revenue).
The downside is relegation but that's shortermism.

What this may mean is the land which the stadium is built on belongs to the Council and we pay a peppercorn rent for the land (150 year lease). The stadium itself (the physical building) belongs to Cardiff City Stadium Ltd a subsidiary of the main company Cardiff City Football Club (Holdings).

So its a leasehold agreement. Probably the club would have to seek the council's permission if they wanted to knock down the stadium and build houses etc.

Thanks, our council are blackmailing us as they desperately want to sell, ie, if you don't buy, you can't build. Talk about killing the goose that laid the golden egg

How can you say that? Cardiff City Council have been exceptionally good since the stadium inception and the removal of Sam from any business with them!

They were never any obligation to do what they did at a time when our future was still far from certain and remember their chief obligation is to the people of the City of Cardiff and not necessarily the fans of Cardiff City FC (many of who are not from the city itself)