Lease amount

[Teifi Red]

Originally Posted by Wxm boy

The Racecourse rose tinted specs are out again.

We are paying 100k a year for a crumbling lower division stadium that is partly derelict and would only be worth anything if it was demolished for the land.

They are paying 300k for a modern, new premier league stadium that cost nearly £30m to build.

Swansea council getting 3 times as much rent for an asset that cost them FIFTEEN times as much as Glyndwr paid.

Yeah, we did really well there.....

So, what would you have done then?

[Wxm boy]

Originally Posted by Teifi Red

So, what would you have done then?

Not had the attitude that we'll pay whatever extortionate sum they want. We were the only customer in the market and they were desperate to offload the running of the stadium. We should have been able to secure a good deal.