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Wasps in Kent - Event Date: 24 Oct 2023 |
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knightandday ![]() World Cup Winner ![]() ![]() Doncaster Knights Joined: 21 May 2007 Location: Lincoln Status: Offline Points: 1764 |
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I would have thought raising the cash wouldn’t be too much of a problem. Sell the housing off plan would raise the cash. Time would be the factor as it would take years.
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Winning isn't everything, it just makes the beer taste better
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HookerPaul ![]() Academy player ![]() Joined: 13 May 2023 Location: Cornwall Status: Offline Points: 26 |
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If Kent council are anything like Cornwall council they will promise the world for the next 20 years and then put the plans in the shredder!
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Kimbo ![]() World Cup Winner ![]() Joined: 31 May 2007 Location: 'incleh Status: Offline Points: 6377 |
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Seriously?
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FHLH ![]() World Cup Winner ![]() Cambridge Joined: 19 Apr 2009 Location: Cambridge Status: Offline Points: 5331 |
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South East housing deficit is the key. Use rugby club as (i) potential employer and (ii) s106 offset for sports facilities. Self funding stadium: 2,900 houses at average 21% net margin say, 2,900 less 40% social housing (bargained down to 25%). So 2,900 x 75% x £400,000 [*average price] x 21% = ~£150m to £200m less build cost of social housing say, £100m less land cost £??? (some allegedly owned by golf club) Fun eh!! ![]() Feel free to pull apart!! * more likely £500,000-£600,000 given time delays Kent 2023 - Zoopla average house price Detached - £643,847 Semi-detached - £416,932 Terraced - £321,660 Flats - £218,350 - meets Local Plan 2040 objectives - close to London & Channel ports - buoyant buy-to-let market - one of few areas where house prices are still rising - additional £6m [Band D ~£2,000] in Council Tax (and yes, there will be extra costs) Ideal venture capital funded project
![]() Edited by FHLH - 03 Jan 2024 at 13:58 |
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"My father told me big men fall just as quick as little ones, if you put a sword through their hearts."
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Scrumtime ![]() World Cup Winner ![]() Joined: 26 Aug 2020 Location: London Status: Offline Points: 847 |
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You forget the long list of people that need to be paid including HMRC and DCMS and the little matter of £35m to bond holders ...Need to sell a good few houses ..
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FHLH ![]() World Cup Winner ![]() Cambridge Joined: 19 Apr 2009 Location: Cambridge Status: Offline Points: 5331 |
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But, how do you pay those creditors from new funding body? If a way round can be found around Insolvency legislation....
Edited by FHLH - 03 Jan 2024 at 14:25 |
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"My father told me big men fall just as quick as little ones, if you put a sword through their hearts."
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Geoff DC ![]() World Cup Winner ![]() Joined: 29 Aug 2007 Location: Penzance Status: Offline Points: 635 |
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They will have to be quick, donations to the Tory party won't be worth much after the next election.
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Robb ![]() World Cup Winner ![]() ![]() Joined: 24 Jan 2017 Location: South East Status: Offline Points: 1535 |
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100% are the Wasps Wanderers not wanted. I cannot believe Sevenoaks council are even considering this nonsense.
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FHLH ![]() World Cup Winner ![]() Cambridge Joined: 19 Apr 2009 Location: Cambridge Status: Offline Points: 5331 |
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I don't think they have any choice bearing in mind the number of houses in the application
![]() Edited by FHLH - 04 Jan 2024 at 14:28 |
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"My father told me big men fall just as quick as little ones, if you put a sword through their hearts."
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Camquin ![]() World Cup Winner ![]() ![]() Joined: 01 Jun 2007 Location: Cambridge Status: Offline Points: 11284 |
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I believe the council will be obliged to consider the application. And I do not believe commercial viability - of the new application or the existing businesses - is among of the things they are permitted to look at. The developers know what the council has to consider, and will have worded the proposal so it fits with the "local plan" or as it is known in the common tongue, the requirements imposed on the County council by Central Government. Remember, Michael Gove is going to punish all the lazy councils who do not have plans to build the houses he has promised.
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Sweeney Delenda Est
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Paul10 ![]() World Cup Winner ![]() Joined: 24 Mar 2023 Location: Milton Keynes Status: Offline Points: 693 |
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How much it costs. It's a really old thread but Scarlets are renegotiating their loan with the council.
Edited by Paul10 - 01 Aug 2024 at 16:10 |
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Rabbie Burns ![]() World Cup Winner ![]() ![]() Joined: 18 Jul 2007 Location: United Kingdom Status: Offline Points: 3333 |
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Would doubt if KCC would loan money out they are always pleading skint and keep cancelling projects and that sort of site will be prime for councils to meet their new housing targets
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So many Christians not enough Lions
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WEvans ![]() World Cup Winner ![]() Joined: 08 Dec 2016 Location: London Status: Offline Points: 1456 |
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Housing people rather than cuckoos is the way forward!
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Kimbo ![]() World Cup Winner ![]() Joined: 31 May 2007 Location: 'incleh Status: Offline Points: 6377 |
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Aye.
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Halliford ![]() World Cup Winner ![]() ![]() Joined: 17 Feb 2010 Location: United Kingdom Status: Offline Points: 4215 |
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Just seen a piece saying that Wasps are hoping to play at The Valley, home ground of Charlton Athletic, if they get a place at Level 2 next season. Heads still in clouds, it seems!
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Camquin ![]() World Cup Winner ![]() ![]() Joined: 01 Jun 2007 Location: Cambridge Status: Offline Points: 11284 |
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You could hear the crowds at the Valley from Blackheath's Rectory Field ground. It is under three miles from the Eltham Pleasance. |
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Sweeney Delenda Est
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