The Unofficial and Independent Leyton Orient Message Board
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All the latest #lofc news & more!‬Yes, that's what I thought as well.CreamofSumYungGai wrote: ↑Sun Aug 11, 2019 1:29 pm £180k p a not £800k, isn’t it?
Not even Hearn could get away with a rent review like that.
I second that question, as it's very important for our future and where we're going.ComeOnYouOs wrote: ↑Sun Aug 11, 2019 1:27 pm Is there any chance say in the next 5 years, the club will either buy our current ground, or build a new ground, so we can get away from the clutches of Hearn
Eight hundred thousand pounds a year,in rent, is ridiculous burden on the club IMO
I though it was 180k quarterlyCreamofSumYungGai wrote: ↑Sun Aug 11, 2019 1:29 pm £180k p a not £800k, isn’t it?
Not even Hearn could get away with a rent review like that.
Really?ComeOnYouOs wrote: ↑Sun Aug 11, 2019 1:27 pm Is there any chance say in the next 5 years, the club will either buy our current ground, or build a new ground, so we can get away from the clutches of Hearn
Eight hundred thousand pounds a year,in rent, is ridiculous burden on the club IMO
The idea that building a new ground and re-locating will somehow save us money is also laughable.Lucky7 wrote: ↑Sun Aug 11, 2019 2:50 pmReally?ComeOnYouOs wrote: ↑Sun Aug 11, 2019 1:27 pm Is there any chance say in the next 5 years, the club will either buy our current ground, or build a new ground, so we can get away from the clutches of Hearn
Eight hundred thousand pounds a year,in rent, is ridiculous burden on the club IMO
Do your research please before embarrassing yourself
The rent is 180k a year
https://www.google.co.uk/amp/s/www.stan ... html%3famp
Nope.ComeOnYouOs wrote: ↑Sun Aug 11, 2019 2:27 pmI though it was 180k quarterlyCreamofSumYungGai wrote: ↑Sun Aug 11, 2019 1:29 pm £180k p a not £800k, isn’t it?
Not even Hearn could get away with a rent review like that.
It's a tough one as Hearn has left us minimal options. We're either stuck giving best part of £200k every year to him for nothing (whilst being liable for repair costs to the slowly crumbling East Stand) with no way to make any of our own income from the ground.Fenners131 wrote: ↑Sun Aug 11, 2019 3:32 pmThe idea that building a new ground and re-locating will somehow save us money is also laughable.Lucky7 wrote: ↑Sun Aug 11, 2019 2:50 pmReally?ComeOnYouOs wrote: ↑Sun Aug 11, 2019 1:27 pm Is there any chance say in the next 5 years, the club will either buy our current ground, or build a new ground, so we can get away from the clutches of Hearn
Eight hundred thousand pounds a year,in rent, is ridiculous burden on the club IMO
Do your research please before embarrassing yourself
The rent is 180k a year
https://www.google.co.uk/amp/s/www.stan ... html%3famp
If Orient were to relocate, where exactly would they go?gshaw wrote: ↑Sun Aug 11, 2019 5:04 pmIt's a tough one as Hearn has left us minimal options. We're either stuck giving best part of £200k every year to him for nothing (whilst being liable for repair costs to the slowly crumbling East Stand) with no way to make any of our own income from the ground.Fenners131 wrote: ↑Sun Aug 11, 2019 3:32 pmThe idea that building a new ground and re-locating will somehow save us money is also laughable.Lucky7 wrote: ↑Sun Aug 11, 2019 2:50 pm
Really?
Do your research please before embarrassing yourself
The rent is 180k a year
https://www.google.co.uk/amp/s/www.stan ... html%3famp
On the other hand because Hearn took the ground assets away from the club at half their value we're left with nothing to sell if we wanted to move elsewhere so a new build would be very pricey. Stuck either way you look at it, LOFC stitched up like a kipper by Hearn.
The club have already done a feasibility study with LBWF over the last two years, they both concluded there isn't a suitable site that could house a stadium in the borough So it would come down to buying the stadium I think Matchroom pension fund now only own some of it now with other commercial bits having been sold off.Fenners131 wrote: ↑Sun Aug 11, 2019 5:40 pmIf Orient were to relocate, where exactly would they go?gshaw wrote: ↑Sun Aug 11, 2019 5:04 pmIt's a tough one as Hearn has left us minimal options. We're either stuck giving best part of £200k every year to him for nothing (whilst being liable for repair costs to the slowly crumbling East Stand) with no way to make any of our own income from the ground.Fenners131 wrote: ↑Sun Aug 11, 2019 3:32 pm
The idea that building a new ground and re-locating will somehow save us money is also laughable.
On the other hand because Hearn took the ground assets away from the club at half their value we're left with nothing to sell if we wanted to move elsewhere so a new build would be very pricey. Stuck either way you look at it, LOFC stitched up like a kipper by Hearn.
I ask this for a couple of reasons.
1. Land in and around Leyton will be eye wateringly expensive
2. If Orient were to move out of London (Essex) then they would lose a lot of the recent newcomers
I just don’t see Orient moving ground as a sensible option, regardless of how badly Hearn stitched the club up.
50 Shades of Hearn yukCreamofSumYungGai wrote: ↑Sun Aug 11, 2019 9:17 pm Establish ourselves in the championship, then ground share at the OS.
This has to be their plan.
Interesting, with the restrictions on ground development die to the flats and the cost to get enough of it back to bring some revenue streams in it doesn't seem feasible.Top of the West. wrote: ↑Sun Aug 11, 2019 6:10 pmThe club have already done a feasibility study with LBWF over the last two years, they both concluded there isn't a suitable site that could house a stadium in the borough So it would come down to buying the stadium I think Matchroom pension fund now only own some of it now with other commercial bits having been sold off.Fenners131 wrote: ↑Sun Aug 11, 2019 5:40 pmIf Orient were to relocate, where exactly would they go?gshaw wrote: ↑Sun Aug 11, 2019 5:04 pm
It's a tough one as Hearn has left us minimal options. We're either stuck giving best part of £200k every year to him for nothing (whilst being liable for repair costs to the slowly crumbling East Stand) with no way to make any of our own income from the ground.
On the other hand because Hearn took the ground assets away from the club at half their value we're left with nothing to sell if we wanted to move elsewhere so a new build would be very pricey. Stuck either way you look at it, LOFC stitched up like a kipper by Hearn.
I ask this for a couple of reasons.
1. Land in and around Leyton will be eye wateringly expensive
2. If Orient were to move out of London (Essex) then they would lose a lot of the recent newcomers
I just don’t see Orient moving ground as a sensible option, regardless of how badly Hearn stitched the club up.
Which ever way you look at it we would need enormous financial backing probably beyond what Travis and Teague would want to invest.
LOxit huh?Chief crazy horse wrote: ↑Sun Aug 11, 2019 4:01 pm Never mind comeon, but throwing off the shackles of Hearn is the main thrust. A breath of fresh air for this club if we can achieve that.
Hexit.Real Al wrote: ↑Sun Aug 11, 2019 9:40 pmLOxit huh?Chief crazy horse wrote: ↑Sun Aug 11, 2019 4:01 pm Never mind comeon, but throwing off the shackles of Hearn is the main thrust. A breath of fresh air for this club if we can achieve that.