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Poor old Hearn Family
Posted: Sat Sep 21, 2024 10:43 pm
by Lifelongfan
Love it. Now sell our stadium & F*** o**
Re: Poor old Hearn Family
Posted: Sun Sep 22, 2024 9:38 pm
by aylesburyos
Eddie please tell Baz time to lreave our stadium & sell it back for what you got it for
Re: Poor old Hearn Family
Posted: Mon Sep 23, 2024 1:13 am
by Yanzi Gravy
aylesburyos wrote: ↑Sun Sep 22, 2024 9:38 pm
Eddie please tell Baz time to lreave our stadium & sell it back for what you got it for
They won’t sell assets especially ones they got got nothing. What is left has huge value if the club moves on.
Re: Poor old Hearn Family
Posted: Mon Sep 23, 2024 10:26 am
by RedDwarf 1881
Lifelongfan wrote: ↑Sat Sep 21, 2024 10:43 pm
Love it. Now sell our stadium & F*** o**
I know I've missed something but what's happened with Hearn ?
Re: Poor old Hearn Family
Posted: Mon Sep 23, 2024 10:39 am
by BIGRON
The Hearns Manage Joshua who got tonked
Re: Poor old Hearn Family
Posted: Mon Sep 23, 2024 5:08 pm
by RedDwarf 1881
BIGRON wrote: ↑Mon Sep 23, 2024 10:39 am
The Hearns Manage Joshua who got tonked
Ah , Ok
Re: Poor old Hearn Family
Posted: Wed Sep 25, 2024 10:45 pm
by Qin
Personally, I dislike Hearn a lot, & it's good to see a fair few agree
Re: Poor old Hearn Family
Posted: Thu Sep 26, 2024 2:11 am
by Orient Punxx
I like him a lot - can we have our stadium back please.
Re: Poor old Hearn Family
Posted: Thu Sep 26, 2024 8:12 am
by faith1234
Take the mo ey and mo e to the hare and hound ground lea Bridge road it needs work
Re: Poor old Hearn Family
Posted: Thu Sep 26, 2024 8:43 am
by Turk
Can anyone remember what the deal was we get if Hearn sells Brisbane Road? In my head it was 50% of the profit so we’d get 50% of anything over £5m but not sure if that was only in play while he was owner.
I also have a feeling we only had a 20 year lease on the ground and he bought it in what 08 but this might have been extended.
Re: Poor old Hearn Family
Posted: Thu Sep 26, 2024 9:15 am
by Hoover Attack
Sold from LOFC to Matchroom for £6m. Hearn stated there was a clause that if Matchroom ever sold it on (which wasn't their intention), then they would share 50% of the profit with LOFC. So for arguments sake, it was sold on for £50m, the profit would be £44m and Matchroom would give £22m back to LOFC.
Matchroom then decided to sell it to Matchroom Pension Scheme for £6m, so no profit and nothing to pay to LOFC. But Porter and LOFT and LOFTs legal guy said it was all hunky dory.
Shafted good and proper.
Re: Poor old Hearn Family
Posted: Thu Sep 26, 2024 9:25 am
by RedDwarf 1881
faith1234 wrote: ↑Thu Sep 26, 2024 8:12 am
Take the mo ey and mo e to the hare and hound ground lea Bridge road it needs work
That site is nowhere near big enough .
Re: Poor old Hearn Family
Posted: Thu Sep 26, 2024 9:43 am
by Max B Gold
Hoover Attack wrote: ↑Thu Sep 26, 2024 9:15 am
Sold from LOFC to Matchroom for £6m. Hearn stated there was a clause that if Matchroom ever sold it on (which wasn't their intention), then they would share 50% of the profit with LOFC. So for arguments sake, it was sold on for £50m, the profit would be £44m and Matchroom would give £22m back to LOFC.
Matchroom then decided to sell it to Matchroom Pension Scheme for £6m, so no profit and nothing to pay to LOFC. But Porter and LOFT and LOFTs legal guy said it was all hunky dory.
Shafted good and proper.
How long is the lease the club have?