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The Falkirk FC Thread


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1 hour ago, Shodwall cat said:

And I was just being thick mate. I suppose it would depend on the terms of the lease for the north stand and main stand.

North stand is ours so all cash is good from that deal(s). I believe even in recent years it’s been worth a decent wedge to the club. 

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6 minutes ago, RC55 FFC said:

North stand is ours so all cash is good from that deal(s). I believe even in recent years it’s been worth a decent wedge to the club. 

We only lease the north stand though. We don't own anything at TFS after the original community stadium group was split up. We have long term leases on the seats and football areas in the west stand, the north stand , the area the pitch is on and the ground where the east stand would go. 

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2 minutes ago, Shodwall cat said:

We only lease the north stand though. We don't own anything at TFS after the original community stadium group was split up. We have long term leases on the seats and football areas in the west stand, the north stand , the area the pitch is on and the ground where the east stand would go. 

I think you mean the KM stand mate? We 100% pay a lease on that and it’s in the accounts. When the stadium was split up we got the north stand in terms of ownership outright & is the only stand we do 100% own (currently). I think you’re spot on re the rest although we don’t need to pay anyone for the pitch I believe. 

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1 minute ago, RC55 FFC said:

I think you mean the KM stand mate? We 100% pay a lease on that and it’s in the accounts. When the stadium was split up we got the north stand in terms of ownership outright & is the only stand we do 100% own (currently). I think you’re spot on re the rest although we don’t need to pay anyone for the pitch I believe. 

No I mean the north stand mate. We lease it just like the rest of the stadium.

Martin Ritchie's book explains it all.

'The club was given 175 year leases on the land for the pitch,the north and south stand and an area of land to the east of the main stand pitch. It also had rent free leases on all the football facilities in the west stand , access to the hospitality areas on match days and specific access rules for the car park.'

We own absolutely hee haw.

 

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1 minute ago, Shodwall cat said:

No I mean the north stand mate. We lease it just like the rest of the stadium.

Martin Ritchie's book explains it all.

'The club was given 175 year leases on the land for the pitch,the north and south stand and an area of land to the east of the main stand pitch. It also had rent free leases on all the football facilities in the west stand , access to the hospitality areas on match days and specific access rules for the car park.'

We own absolutely hee haw.

 

Ahhhh right, not read it tbh as would rather not give him the time of day. 

I assume it’s rent free though as it’s never mentioned in the accounts? KM stand rent obv is to Sandy. 

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10 minutes ago, RC55 FFC said:

Ahhhh right, not read it tbh as would rather not give him the time of day. 

I assume it’s rent free though as it’s never mentioned in the accounts? KM stand rent obv is to Sandy. 

Yeah all the leases are free of charge.  The original stadium company was 51 percent the club 49 percent the council. But when it came to the split because the council had put up the 2 million for the north stand and had put loans in to keep the stadium company afloat they were given a far better deal when the original company split. 

Basically the club couldnt have come out of it any worse in my opinion. The council weren't interested in developing the area which caused issues for the original stadium company but ended up owning virtually the whole shebang.

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9 hours ago, NavyBlueArmy1876 said:

That's a good question. I know that plenty of other clubs have done it now eg Dundee, Ross County, Livi, Partick, Hamilton, Airdrie, Dumbarton & Alloa. Assuming at least some of those won't own their own stadium 

We get the cash for it, not sure the agreement we have with the council but it's something like an 80 year lease we have. I'm assuming it just falls under our control

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5 hours ago, ebobsboy said:

Hopefully works out for both parties. If there's anyone capable of getting a player back on track it's Campbell. 

Looks like the only option the lad had. Campbell’s hoofball won’t best suit the lads talents 

Edited by Back Post Misses
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10 hours ago, Shodwall cat said:

Yeah all the leases are free of charge.  The original stadium company was 51 percent the club 49 percent the council. But when it came to the split because the council had put up the 2 million for the north stand and had put loans in to keep the stadium company afloat they were given a far better deal when the original company split. 

Basically the club couldnt have come out of it any worse in my opinion. The council weren't interested in developing the area which caused issues for the original stadium company but ended up owning virtually the whole shebang.

Which were the council's intentions all along.

No sooner was Stadium Company formed with the business plan for the hotel and sporting complex to be developed and FFC signed up.

Out of the blue the 'Blast exclusion zone' is announced. Well blow me down, what a surprise. Not an inkling when due diligence was carried out. If that was known at the time regarding the blast zone the club rightly would have gone nowhere near it.

We have discussed this before and agree the club got well and truly screwed by the council.

The Council should be asked how much they want for the stadium, car park and surrounding land for FFC to own it in full.

Once the price is known then the club and supporters will be in a position to put a package together.

The club will not prosper or meet its potential until it owns the complex and can make decisions in the interests of the club to maximise its potentials.

Said at the time we should have stayed at Brockville and developed it piecemeal.

 

 

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5 hours ago, Back Post Misses said:

Looks like the only option the lad had. Campbell’s hoofball won’t best suit the lads talents 

Take it you've not seen Arbroath in the last couple of seasons then? They were the best footballing side I saw in the Championship last season, much better than the agricultural Kilmarnock side that one the division. If he wants or needs to go part time then joining by far the best part time team is an obvious move.

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22 minutes ago, Salvo Montalbano said:

Take it you've not seen Arbroath in the last couple of seasons then? They were the best footballing side I saw in the Championship last season, much better than the agricultural Kilmarnock side that one the division. If he wants or needs to go part time then joining by far the best part time team is an obvious move.

We beat them in the Scottish Cup in the 2 previous seasons to last season, so aye, we've seen them.

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9 minutes ago, Grangemouth Bairn said:

Fair play to Campbell though - getting Scott Allan to Arbroath shows what a difference he’s made to the club.

Meanwhile our midfield is anchored by Hetherington.

I think getting a 500k handout helped mind you.

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