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Post by russ on Feb 13, 2024 13:40:43 GMT
Magic result .....finally, here's hoping it makes a real difference now.
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Post by cmillward20 on Feb 13, 2024 13:44:08 GMT
Top news now we have a better income stream we can start adding to the squad and building the club
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Post by salford1963 on Feb 13, 2024 13:59:37 GMT
Magic result .....finally, here's hoping it makes a real difference now.
It will make a huge difference over the coming months once the lease is sorted. Watch us fly guys n gals ✈️ 😜 |
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Post by earlybath on Feb 13, 2024 14:09:11 GMT
Well done Mr Mayor :-
`“In a mission close to my heart, Salford Red Devils RLFC will retain their position playing in the City of Salford, which is why the Community Stadium was built in the first place all those years ago, along with it being a place to call home for Salford Reds and Sale Sharks.`
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Post by BIMBAM on Feb 13, 2024 14:14:07 GMT
Congratulations to everyone who has got this over the line. Hopefully it will be completed promptly and we can start to build something special.
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Post by salfordredforever on Feb 13, 2024 15:03:05 GMT
Best news we as salford fans have been waiting for. Hopefully some stability and we can now move on. Like everyone else has said, big thanks to all involved and I can put my own 50 mil away now.
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Post by earlybath on Feb 13, 2024 15:37:34 GMT
Best news we as salford fans have been waiting for. Hopefully some stability and we can now move on. Like everyone else has said, big thanks to all involved and I can put my own 50 mil away now. Before you do Salfordredforever ....... Lol |
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Post by johnh1 on Feb 13, 2024 16:38:19 GMT
SalfordRedforever. Before you put your money away, can you buy us a couple of big, angry props!
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Post by turkey on Feb 13, 2024 16:39:08 GMT
Excellent news re the stadium but a deal has still not been reached with Peel, fingers crossed that won't be an issue
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Post by mauricethered on Feb 13, 2024 18:24:44 GMT
Well that was a much needed decision, hopefully now we can get a Prop in ASAP and a winger.
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Post by ulster on Feb 13, 2024 21:48:05 GMT
Great news , looking forward to a bright future for everyone connected to the club
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Post by kilop on Feb 13, 2024 22:22:56 GMT
Well that was a much needed decision, hopefully now we can get a Prop in ASAP and a winger. I would think this is what has been holding back a few signings. Now the uncertainty has been removed would imagine a few deals can get over the line in the coming weeks |
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Post by mrg on Feb 14, 2024 8:28:37 GMT
its great news but a commercial leases grants 'exclusive possession' to one company. so how does that work in reality, Have salford and sale formed some sort of new legal entity that then agrees how to share access.
If Salford are the main tenant we can then grant sub lease to Sale but why would they accept that they could argue and make a case for being the main tenant.
still lots of hurdles to get through yet but still positive news on the face of it.
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Post by BDD on Feb 14, 2024 8:52:39 GMT
its great news but a commercial leases grants 'exclusive possession' to one company. so how does that work in reality, Have salford and sale formed some sort of new legal entity that then agrees how to share access. If Salford are the main tenant we can then grant sub lease to Sale but why would they accept that they could argue and make a case for being the main tenant. still lots of hurdles to get through yet but still positive news on the face of it. I'd imagine that it would continue as it is now, with Sale are the Primary tenants—first refusal on pitch use, the stadium banking right etc, though this comes with added costs and responsibilities on their end; I'm sure I read something in the past by Paul King who mentioned Sale would be paying £1 million and that's not something Salford wanted to do. The key thing is that under the new lease we'll be able to generate a percentage of income from food & drink, exploit other commercial opportunities, and, I'd imagine, that the game day costs will be lowered—from memory I think we pay a game day fee plus 8% of ticket sales. I also seem to remember Marwan saying we had the most expensive rent in the SL. |
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Post by dixon13 on Feb 14, 2024 13:35:30 GMT
Like Winston Churchill said its not the end or the beginning of the end it's the end of beginning.
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