Central Coast Stadium

[scottmac]

I don't think trying to run a public asset paid for with public money makes them bad people

Doesn't exclude them from being bad people though........

 

[turbo]

This is likely the reason why ownership talks have slowed

 

[midfielder]

Copied from inside sport.

Mariners have put in an unsolicitied bid to manage the stadium, with the $4m proposal was for a 30-year lease in which the southern end of the stadium would be activated to include cafes, retail, licensed restaurants and a catering school open seven days.

https://www.dailytelegraph.com.au/n...d/news-story/e5c7001333e8377943a58cfe2dc2c98b
https://www.dailytelegraph.com.au/n...n/news-story/832fcef0aa6cae6f006dcdf7f921a9c2

 

[sydmariner]

Copied from inside sport.

Mariners have put in an unsolicitied bid to manage the stadium, with the $4m proposal was for a 30-year lease in which the southern end of the stadium would be activated to include cafes, retail, licensed restaurants and a catering school open seven days.

https://www.dailytelegraph.com.au/n...d/news-story/e5c7001333e8377943a58cfe2dc2c98b
https://www.dailytelegraph.com.au/n...n/news-story/832fcef0aa6cae6f006dcdf7f921a9c2

can't read subscription only article

 

[scottmac]

can't read subscription only article

I posted it then deleted it. The first is from August 2020 with the Mariners plans for the southern end of the stadium, the second is from May 2021 with council going public with the exact same plans.

 

[turbo]

June 29 tomorrow. I don’t know exactly what it means for the rights being up but we could hear something any day now?

 

[Pirate Pete]

June 29 tomorrow. I don’t know exactly what it means for the rights being up but we could hear something any day now?

Given the council own the stadium & manage it I don't really understand what the rights are actually

 

[pjennings]

Given the council own the stadium & manage it I don't really understand what the rights are actually

The council owns the asset that they used to get management rights payments from Singo. At that stage the Council made money out of the asset, CCMFC had a reasonable deal and Singo made money. As well the food and drink might have been on a par to now - but they weren't exorbitantly priced.

The Council now manages the Stadium, does not get any management rights payments, loses money on it each year, charges CCMFC more and the food and drink are still poor but now pricey.

They have been advised that they should not be trying to manage it themselves but seem to be trying to drag the process out as long as possible.

 

[bikinigirl]

Given the council own the stadium & manage it I don't really understand what the rights are actually

. the way that I would describe it ... it's kinda like a lease (like you'd rent a house):

• a management fee is negotiated for a fixed (but possibly extendable) term
• the 'manager' effectively operates the stadium as if they own it
  • so they can make money from it
• but they don't own it
  • they can't sell it
  • would have certain restrictions as to its operation and use
  • ... kinda like renting a house

 

[Pirate Pete]

. the way that I would describe it ... it's kinda like a lease (like you'd rent a house):

• a management fee is negotiated for a fixed (but possibly extendable) term
• the 'manager' effectively operates the stadium as if they own it
  • so they can make money from it
• but they don't own it
  • they can't sell it
  • would have certain restrictions as to its operation and use
  • ... kinda like renting a house

Thanks.
Maybe my post was badly worded after a long day at work.

As PJ says the council own and manage the stadium.
I was wondering what exactly June 29th has to do with the rights.
Is it like the council have a deal with themselves?
How are the rights suddenly available today?

 

[pjennings]

I think you will find that when CCMFC made offers before the council dismissed them because they did not have a 'process'. They now have a process. CCMFC have made a submission, it has gone through the 'process' and now will actually make it to Councilors to hear their submission and vote for it.

 

[Pirate Pete]

I think you will find that when CCMFC made offers before the council dismissed them because they did not have a 'process'. They now have a process. CCMFC have made a submission, it has gone through the 'process' and now will actually make it to Councilors to hear their submission and vote for it.

Do we have councilors?
I can't keep up what's going on with the council.
Not listening to the local radio or picking up the free local rag doesn't help.

 

[turbo]

Could relate to food and bev contracts or EOFY as well. Who knows.

 

[Pirate Pete]

Could relate to food and bev contracts or EOFY as well. Who knows.

I think you could be right there.

 

[ccm16]

 

[Ironbark]

ffs. it's time already!

 

[FFC Mariner]

Do we have councilors?
I can't keep up what's going on with the council.
Not listening to the local radio or picking up the free local rag doesn't help.

No, there are no councilors - I expect the NRL mad head guy will make the decision.

 

[Pirate Pete]

No, there are no councilors - I expect the NRL mad head guy will make the decision.

Yeah, I didn't think there were any councilors which is why I was wondering why PJ said they'd hear a submission.

 

[midfielder]

Never never never never never never never...

Don't think that the NRL & AFL want Football to get things like management rights of a stadium.

They may not want it themselves but be assured they don't want Football to have it neither.

 

[pjennings]

Yeah, I didn't think there were any councilors which is why I was wondering why PJ said they'd hear a submission.

Yep - my bad. I can't keep up always in and out of administration