Stan A. Einstein wrote: May 18th, 2022, 10:13 am
George Street-Bridge wrote: May 18th, 2022, 9:56 am
it's been said many times, but the reality is short of a strings-free gift not far short of eight figures we would never own our own ground. We'd be in hock to a commercial lender answerable only to shareholders. And even if we were gifted it, from day one we'd have to fight off the urge to mortgage it.
George again you are failing to engage. Nobody is talking, certainly not me of Newport County owning Rodney Parade.
To be clear. Sometimes opportunities arise. And often they arise out of adversity. For me this is one such occasion. I have often stated that it makes good sense for Dragons and County to make common cause on groundshare. Until a week ago that was far more important for County than it was for Dragons.
That situation has now changed. The future of both clubs is under threat from the WRU. My belief is that the two clubs should work together to persuade NCC to purchase Rodney Parade. And then let the stadium out to both clubs. This as I have said, in addition to helping secure the future of both codes in Newport also enhances the name of our city and in the scheme of things does so at minimal cost.
So again George whilst I'm interested in your view on what I have said, I'm not really interested in your view of something I haven't said.
An open letter, on forum for Newport County fans! that is so full of assumptions it is unbelievable.
First that a Council that has massive backlogs in essential services due to covid, will somehow prioritise non essential spending on behalf of who exactly?
The WRU have invested in the viability of the facilities, but at the same time have loaded the Dragon's with a £5 million debt due to Covid.
IF and its a massive assumption, they now wish to sell, that's the original cost to the WRU of write offs ect, plus the new debt. That will require around £9 million.
Even if you are requesting that the Council just take a majority holding in RP, then you require someone with the financial ability to continue to make the facility viable, and that includes if the Dragon's are not at RP, as you have now introduced that possibility in your letter.
The Liberty Stadium in Swansea, the council have now handed operational responsibility to Swansea City FC who have the financial ability and desire to develop the facilities to reap the rewards of doing so.
Newport City Council have handed operational responsibility of Spytty Stadium to Newport Live, along with other sporting facilities. Like Council housing that was bereft of funding, was taken on by housing associations.
I could go on and on, but as always it's pointless with you, as you simply aren't interested in anything that doesn't align with promoting your own personal view, as you don't represent anyone.