Oh so it is the "club" that has the right to buy. Oh well..... Sent from my iPhone
> On Mar 4, 2016, at 12:22 PM, <[email protected]> <[email protected]> > wrote: > > Under the terms of the 2004 sale, the club has the right to re-purchase > Elland Road at any time, though the price goes up every year according to a > set formula. > But the current owners are not obliged to sell to any other party. Cellino > could make them an offer, but the chances are they would ask for a higher > price, to make it worth their while. > > Tim W. > > > On Friday, 4 March 2016, 16:28, {broken-address} Nicholas Armit > <[email protected]> wrote: > > > From an article > (http://www.fansnetwork.co.uk/football/leedsunited/news/42199/?: > "This legacy of debt explains why Cellino is refusing to repurchase Elland > Road and Thorp Arch until he gains complete control of the club of GFH make a > contribution, as the acquisition would have to be in the name of the club and > Cellino isn’t going allow the value of GFH’s minority stake to increase if he > has to fund the stadium purchase himself." > > Couldn't Cellino just privately buy the ground and Thorp Arch and "rent" back > to the club and therefore bypass GFH? > Nick > _______________________________________________ > Leedslist mailing list > Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist > To unsubscribe, email [email protected] > > > MARCHING ON TOGETHER > > _______________________________________________ Leedslist mailing list Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email [email protected] MARCHING ON TOGETHER
