Takeover

[Kit Kat Chunky]

No, because we’d still have to rent it on arms length which, whilst exempt from FFP, still means paying out to rent it each year from the owner.  It just shifts the problem.

I don't understand that. The club pays the rent, but as it's academy related, the rent doesn't figure in ffp

Isn't the Academy based at the Training Ground?

Eh? The Academy is opposite the ground ay it?

Oh, that one? Worth the square root of fuck all in the scheme of things. The Training Ground is the one to sell, but Prag has highlighted the pitfalls

[CarlosCorbewrong]

No, because we’d still have to rent it on arms length which, whilst exempt from FFP, still means paying out to rent it each year from the owner.  It just shifts the problem.

I don't understand that. The club pays the rent, but as it's academy related, the rent doesn't figure in ffp

Isn't the Academy based at the Training Ground?

Eh? The Academy is opposite the ground ay it?

KKC doesn't run The Halfords Lane gauntlet, these days.

[Pragmatist]

No, because we’d still have to rent it on arms length which, whilst exempt from FFP, still means paying out to rent it each year from the owner.  It just shifts the problem.

I don't understand that. The club pays the rent, but as it's academy related, the rent doesn't figure in ffp.

Whether you want a separate company owning the training facilities is another matter....

Put FFP to one side, the fact is that in simple cash flow terms we’d be paying out rent to a third party for something that we already currently own, which increases our annual outgoings.  A bit like selling your mortgage-free house and having to pay out rent instead.

[Kit Kat Chunky]

No, because we’d still have to rent it on arms length which, whilst exempt from FFP, still means paying out to rent it each year from the owner.  It just shifts the problem.

I don't understand that. The club pays the rent, but as it's academy related, the rent doesn't figure in ffp.

Whether you want a separate company owning the training facilities is another matter....

Put FFP to one side, the fact is that in simple cash flow terms we’d be paying out rent to a third party for something that we already currently own, which increases our annual outgoings.  A bit like selling your mortgage-free house and having to pay out rent instead.

Nothing wrong with a Sake & Leaseback. Just ask Woolwirths or MFI 

[yeoman lai]

No, because we’d still have to rent it on arms length which, whilst exempt from FFP, still means paying out to rent it each year from the owner.  It just shifts the problem.

I don't understand that. The club pays the rent, but as it's academy related, the rent doesn't figure in ffp

Isn't the Academy based at the Training Ground?

Eh? The Academy is opposite the ground ay it?

Oh, that one? Worth the square root of fuck all in the scheme of things. The Training Ground is the one to sell, but Prag has highlighted the pitfalls

I realise you are talking finance, but I just thought I would point out that, as a school, it is very highly rated, and something we (Albion) should be extremely proud of.

[Kit Kat Chunky]

I don't understand that. The club pays the rent, but as it's academy related, the rent doesn't figure in ffp

Isn't the Academy based at the Training Ground?

Eh? The Academy is opposite the ground ay it?

Oh, that one? Worth the square root of fuck all in the scheme of things. The Training Ground is the one to sell, but Prag has highlighted the pitfalls

I realise you are talking finance, but I just thought I would point out that, as a school, it is very highly rated, and something we (Albion) should be extremely proud of.

The school isn't owned by us, I don't think, just the academy buildings on the old car park/Throstle Club 
.
I agree on the quality of the education and its community contribution

[Pragmatist]

No, because we’d still have to rent it on arms length which, whilst exempt from FFP, still means paying out to rent it each year from the owner.  It just shifts the problem.

I don't understand that. The club pays the rent, but as it's academy related, the rent doesn't figure in ffp.

Whether you want a separate company owning the training facilities is another matter....

Put FFP to one side, the fact is that in simple cash flow terms we’d be paying out rent to a third party for something that we already currently own, which increases our annual outgoings.  A bit like selling your mortgage-free house and having to pay out rent instead.

Nothing wrong with a Sake & Leaseback. Just ask Woolwirths or MFI 

There is for a football club with their stadiums!  Less so for other facilities obviously

[CaptainFantastico]

Sandwell Academy is nothing to do with Albion

The old Tom Silk then Foundation building is used for the education side of those that are part of the academy process

[fuzzbox]

No, because we’d still have to rent it on arms length which, whilst exempt from FFP, still means paying out to rent it each year from the owner.  It just shifts the problem.

I don't understand that. The club pays the rent, but as it's academy related, the rent doesn't figure in ffp.

Whether you want a separate company owning the training facilities is another matter....

Put FFP to one side, the fact is that in simple cash flow terms we’d be paying out rent to a third party for something that we already currently own, which increases our annual outgoings.  A bit like selling your mortgage-free house and having to pay out rent instead.

That's not a fair analogy, the circumstances are very different. If we had rich owners, losing money on the academy side isn't the issue, ffp is!

The real problem would be exercising financial discipline and getting it back again. Should we finally get to the point that ffp wasnt a critical issue, I'm guessing the money would go on a new player, instead.

[CA Baggie]

Selling the training ground to the owners other company, paying a market rent that gets reinvested into academy by the owners. The money the club would spend on the academy anyway would pay the lease and the monies being reinvested would pay the academy costs.

I thought owners could invest/inject money for infrastructure type things like the academy?