New Stadium Details And Discussions

[worcestersauce]

I think the deal covers

- Build of new premises nearby
- Cost of moving
- Any revenues/profits lost during move
- Some compensation on top of the above

To be fair I do agree and I don't think that this CPO is an absolute dead cert. It does seem to be in our favour but I doubt that stubbornness is the backbone of their case against the CPO. I just hope that in this resolved soon and does go in Tottenham's favour as it does seem to be the reason for the hold up.

The CPO is a dead cert there is no way it won't be granted. Everything that should have been done has been done, it is supoorted by the club the council the community and the mayor and it is to enable massive investment to regenerate the area, there are simply no grounds to oppose it, everybody knows this, when Pickles signs it off it there is no appeal and any attempt at legal recourse would be laughed out ofcourt.
Cases like this are what CPO's were designed for.

 

[L.A. Yiddo]

Hmmmmm.

@robMDK Construction start date for the #thfc stadium will commence 6th Nov 2014 once initial contractor demolition finished.

What demolition is left? Archway's buildings? That could be leveled in a week!

 

[Lilbaz]

Hmmmmm.



What demolition is left? Archway's buildings? That could be leveled in a week!

May have to remove contaminated soil? Or could just be starting demolition in November.

 

[TheAmerican]

Looking at the most recent accounts for Archway Steel it looks like the total value of the company isn't worth a £1m, so I don't see how they can hold out for much more plus 100% of their relocation costs (unless the value of the land/premises are not included in the accounts, of course).

http://companycheck.co.uk/company/01501004/ARCHWAY-SHEET-METAL-WORKS-LIMITED/company-summary

It could very well be a simple as a man not wanting to let go of something he has spent his entire life building. Sometimes pride takes place over sense.

 

[davidmatzdorf]

I think the deal covers

- Build of new premises nearby
- Cost of moving
- Any revenues/profits lost during move
- Some compensation on top of the above

To be fair I do agree and I don't think that this CPO is an absolute dead cert. It does seem to be in our favour but I doubt that stubbornness is the backbone of their case against the CPO. I just hope that in this resolved soon and does go in Tottenham's favour as it does seem to be the reason for the hold up.

I think you're mixing two different things together. If there is a 'deal', then that is not the same thing as the CPO.

It's very probable that direct negotiations are continuing between THFC/Haringey and Archway, with the negotiating position of the former greatly strengthened by the threat of the CPO. Those negotiations could include the kind of costs that you have listed.

But the CPO price is strictly a land value matter - it would not include removal costs, nor acquisition and construction of new premises, nor loss of revenue/profit, nor anything that could be called 'compensation'. It's just a purchase of a piece of land, albeit against the will of its owner. The CPO price is a calculation of the market value that Haringey would have to pay to Archway Sheet Metal to purchase their land (and then sell it on to THFC's development company).

 

[nightgoat]

Hmmmmm.



What demolition is left? Archway's buildings? That could be leveled in a week!

Who is that guy, anyone in particular? Looking at his recent posts (that aren't some childish insult-slinging at Joey Barton) he contradicts himself on at least two occasions, once saying that the Archway CPO is all sorted then later there's still problems with the owner, and another referring to a potential retractable pitch in response to someone asking about NFL tie ins before telling someone else there will be no alterations. Either he's getting multiple wires crossed or he's blagging.

 

[jambreck]

It could very well be a simple as a man not wanting to let go of something he has spent his entire life building. Sometimes pride takes place over sense.

He won't be losing his company.

Just his building. And he will get an arguably better building, a mere few hundred yards away from where he currently is, by way of compensation.

His is not the kind of location specific business, like a shop, that might be hurt by moving elsewhere - however nearby. So, other than having to print out some new stationary (a cost for which he will be compensated), there's no reason why his business should suffer at all.

 

[THFCSPURS19]

Rob MDK Hayward ‏@robMDK 5h
McLaren with FCC (the favoured) along with Laing, BAM and McAlpine have all returned tenders. #thfc

What the fuck does this mean?

I must admit, even as the stupid fuck that I am regarding all the business with the new stadium, things do seem to be moving slightly quicker but I'm sure that's happened before.


Edit:
Rob MDK Hayward ‏@robMDK 5h
@nad_THFC a big announcement will follow the stadium construction. More likely the NFL franchise (hence pitch alterations)

1. 
   @robMDK seems like a decent date to start after NFL alterations. Is there a 2 pitch function?
   
   
   
   
2. Rob MDK Hayward ‏@robMDK 4h
   @HamidTHFC no notes on the plans mate but guessing it would be retractable to protect the playing surface
   

 

[L.A. Yiddo]

Rob MDK Hayward ‏@robMDK 5h
McLaren with FCC (the favoured) along with Laing, BAM and McAlpine have all returned tenders. #thfc

What the fuck does this mean?

I must admit, even as the stupid fuck that I am regarding all the business with the new stadium, things do seem to be moving slightly quicker but I'm sure that's happened before.

It means we have gone out to bid on the stadium. Those contractors have each returned tenders for the work and Spurs's consultants are reviewing their tenders.

 

[THFCSPURS19]

It means we have gone out to bid on the stadium. Those contractors have each returned tenders for the work and Spurs's consultants are reviewing their tenders.

Do you believe the NFL thing (I edited my post)

 

[L.A. Yiddo]

Do you believe the NFL thing (I edited my post)

Honestly not sure mate. It would be a huge deal if so. Would be massive news here and would raise the clubs profile to a whole other level around the world.

 

[jambreck]

Do you believe the NFL thing (I edited my post)

I don't give any weight to anything that robMDK tweets. He posted a load of crap a while back. He's not in the loop, IMO.

But I certainly believe that there is some truth in the NFL link.

We know for a fact that the NFL is seriously considering a London franchise. We know for a fact that someone very close to the stadium project - David Keirle - has said that Populous are currently designing a new stadium that allows for use by an NFL team. We know for a fact that Daniel Levy and Spurs forged pretty close ties with AEG when bidding for the Olympic stadium - and that AEG is a big player in U.S. sports and has a portfolio of multi use stadia and arenas.

And we can take a pretty good guess that anyone looking to build a new 60K+ stadium in London would be very interested in a possible share with an NFL team.

So, yes, it all fits. Whether it happens is another matter.

 

[ginola99]

Word is we can't get funding and it's been cancelled

 

[chrissivad]

Word is we can't get funding and it's been cancelled

not sure where or what your reading, but i would highly doubt that we have just canceled it all...

nothing from anyone that has passed on good info about the stadium has even hinted that we are just scrapping it at the moment either

 

[jambreck]

Word is we can't get funding and it's been cancelled

Sorry, but I call bullshit on that.

Whose word?

 

[Lilbaz]

I don't give any weight to anything that robMDK tweets. He posted a load of crap a while back. He's not in the loop, IMO.

But I certainly believe that there is some truth in the NFL link.

We know for a fact that the NFL is seriously considering a London franchise. We know for a fact that someone very close to the stadium project - David Keirle - has said that Populous are currently designing a new stadium that allows for use by an NFL team. We know for a fact that Daniel Levy and Spurs forged pretty close ties with AEG when bidding for the Olympic stadium - and that AEG is a big player in U.S. sports and has a portfolio of multi use stadia and arenas.

And we can take a pretty good guess that anyone looking to build a new 60K+ stadium in London would be very interested in a possible share with an NFL team.

So, yes, it all fits. Whether it happens is another matter.

We also know the Director of AEG joined Maple Leaf, who we now have a merchandising deal with (part of the Defoe deal) and he has personally been quoted as saying that they are helping us with our stadium.

 

[ginola99]

Sorry, but I call bullshit on that.

Whose word?

My source is close to Lord Ashcroft, said they're not confident about the CPO either.

 

[Lilbaz]

My source is close to Lord Ashcroft, said they're not confident about the CPO either.

So why would we put out the contract for tender? Sorry but think you might have bad info. We may have some trouble getting financing (probably naming rights), but doubt it would mean a straight cancellation.

 

[Blackrat1299]

So whats cancelled? The Stadium, The NFL deal, Sainsbury.............Oh that's already built. Don't write half sentences.

 

[LarryCatt]

My source is close to Lord Ashcroft, said they're not confident about the CPO either.

Ashcroft? What's he got to do with the price of bread? Last I looked he was Deputy Chair of the Tory Party who was keen in indulging in a spot of Cameron baiting.

Pickles may well want to give hard Labour Haringey a bloody nose but he'd also have to square that with Boris - who wields far more actual power than Ashcroft could ever sniff.