Belle Vue National Stadium

[foamfence]

 

To get the keys to the stadium from the landlords, perhaps? How much do people expect Manchester City Council to write-off in owed money?

It happens every day in business. If you own a shop and the person who rents it goes bust, the next occupant doesn't come in and pay their debt. Having said that, there have been some agreements between the council and BSPA, so that might have a bearing on what happens with the debt.

[uk_martin]

Any deal that the council agree to will have that debts have to be paid up

Isn't the deal with the council more similar to a lease agreement? A new tenant is not liable for unpaid rent from previous occupants, however the period of the lease will simply be extended.

MCC will want it's rent paying up. How the rest of the debts are administered will be a matter for others to worry about. HOWEVER, going forward, MCC have provided from public funds, a facility for a speedway team called "Belle Vue Aces" to run there. If the BSPA / new promotion think that they can mess MCC about by shoddy business practises, then don't expect MCC to sit back and "be played". There may come a point, if they are messed about, when they will have their fill with speedway, and convert the stadium for use by another sport.

 

 

It happens every day in business. If you own a shop and the person who rents it goes bust, the next occupant doesn't come in and pay their debt. Having said that, there have been some agreements between the council and BSPA, so that might have a bearing on what happens with the debt.

 

So if it happens every day, that's somehow alright then? So if you were a landlord and someone did a runner without paying their rent, you'd happily rent a property out to that person's next relative, would you? Or would you rent it to a person nominated by the abscondee's parents?

 

Any MCC employee familiarising themselves with the world of speedway by reading BSF will be well aware that the sport is run, organised and administered by a bunch of shysters who don't trust each other let alone warrant the trust of outsiders. They will quickly learn to become very wary of doing business with anybody from the world of speedway, and any business conducted will be on MCC's terms and be kept under close supervision.

Edited November 13, 2016 by uk martin

[orion]

MCC will want it's rent paying up. How the rest of the debts are administered will be a matter for others to worry about. HOWEVER, going forward, MCC have provided from public funds, a facility for a speedway team called "Belle Vue Aces" to run there. If the BSPA / new promotion think that they can mess MCC about by shoddy business practises, then don't expect MCC to sit back and "be played". There may come a point, if they are messed about, when they will have their fill with speedway, and convert the stadium for use by another sport.

 

 

 

So if it happens every day, that's somehow alright then? So if you were a landlord and someone did a runner without paying their rent, you'd happily rent a property out to that person's next relative, would you? Or would you rent it to a person nominated by the abscondee's parents?

 

Any MCC employee familiarising themselves with the world of speedway by reading BSF will be well aware that the sport is run, organised and administered by a bunch of shysters who don't trust each other let alone warrant the trust of outsiders. They will quickly learn to become very wary of doing business with anybody from the world of speedway, and any business conducted will be on MCC's terms and be kept under close supervision.

No one said it's alright but what would you do ? leave the shop closed

Edited November 13, 2016 by orion

[Phil The Ace]

If the debt will not be passed to any new owners then belle vue fans needn't worry. Someone will snap the councils hand off to run belle vue speedway at the NSS.

 

All u need is a brain to make it work. And hopefully that person knows the stadium well already

[A ORLOV]

It happens every day in business. If you own a shop and the person who rents it goes bust, the next occupant doesn't come in and pay their debt. Having said that, there have been some agreements between the council and BSPA, so that might have a bearing on what happens with the debt.

But you would make sure that when the second applicant comes along, especially if they were in the same sort of business, you would want a lot more security and where possible guarantees against the second one going bust or doing a runner.

Edited November 13, 2016 by A ORLOV

[scaramanga]

 

To get the keys to the stadium from the landlords, perhaps? How much do people expect Manchester City Council to write-off in owed money?

the story i was told from someone close to belle vue a month or 2 back was there are also members of the council with questions to answer

[Grand Central]

No one said it's alright but what would you do ? leave the shop closed

 

Err, well, yes.

That does happen quite a bit.

Have you not noticed how many town centres have large BHS stores all with no sign of new tenants.

Edited November 13, 2016 by Grand Central

[bellevueace]

 

That's pretty much what I got told. Some pay was received but the rider in question was owed a huge amount.

 

The £50 brick payments were honoured because the bricks are in the main entry lobby. No-one can say they were cheated where that is concerned and I am glad I did it.

 

 

I bought a second brick as a memorium in june that has not appeared, i also know of someone who bought a brick when the public meeting was held in Gorton prior to the build, that has still not been delivered.

[orion]

 

Err, well, yes.

That does happen quite a bit.

Have you not noticed how many town centres have large BHS stores all with no sign of new tenants.

Yea because know wants to rent it not the other way around ...what uk martin said was they should not rent it out because the last lot never paid the rent .

[A ORLOV]

No one said it's alright but what would you do ? leave the shop closed

Yes, just walk around Swindon and see how many are empty or rented out for a week or two.

Most of the charities are using empty shops with little or no rent paid.

[Grand Central]

Yea because know wants to rent it not the other way around ...what uk martin said was they should not rent it out because the last lot never paid the rent .

 

 

It cuts both ways.

Those BHS landlords would not rent it out at a knock-down rate, or at all, to the same sort of crap tenants they had last time, would they?

 

The new guys in here, whether they are many calmouring to rent or not, will need to show they really can pay this time.

No one can risk the same thing happening again

Edited November 13, 2016 by Grand Central

[foamfence]

MCC will want it's rent paying up. How the rest of the debts are administered will be a matter for others to worry about. HOWEVER, going forward, MCC have provided from public funds, a facility for a speedway team called "Belle Vue Aces" to run there. If the BSPA / new promotion think that they can mess MCC about by shoddy business practises, then don't expect MCC to sit back and "be played". There may come a point, if they are messed about, when they will have their fill with speedway, and convert the stadium for use by another sport.

 

 

 

So if it happens every day, that's somehow alright then? So if you were a landlord and someone did a runner without paying their rent, you'd happily rent a property out to that person's next relative, would you? Or would you rent it to a person nominated by the abscondee's parents?

 

Any MCC employee familiarising themselves with the world of speedway by reading BSF will be well aware that the sport is run, organised and administered by a bunch of shysters who don't trust each other let alone warrant the trust of outsiders. They will quickly learn to become very wary of doing business with anybody from the world of speedway, and any business conducted will be on MCC's terms and be kept under close supervision.

I didn't say those things but the law is the law.

Edited November 13, 2016 by foamfence

[Lord Skid]

So Belle Vue has been in the sh** since the John Perrin days, where did the new magic wand come from.

Perhaps the MCC should contact the PlymouthCC or just about any other CC in the Country to find about the runnings and workings of Speedway.

Edited November 13, 2016 by Lord Skid

[New Science]

 

Isn't the deal with the council more similar to a lease agreement? A new tenant is not liable for unpaid rent from previous occupants, however the period of the lease will simply be extended.

Surely no new tenant is going to sign up to a lease at 4 grand a week for 25 years ?

If not the council is going to have to write off most of the 8 million it spent to provide a limited company with a speedway stadium in Manchester..

Great for Belle Vue speedway , not great for the taxpayers of Manchester

[A ORLOV]

Surely no new tenant is going to sign up to a lease at 4 grand a week for 25 years ?

If not the council is going to have to write off most of the 8 million it spent to provide a limited company with a speedway stadium in Manchester..

Great for Belle Vue speedway , not great for the taxpayers of Manchester

Not good for the reputation of Speedway in the UK either unless a good deal is made and the new people keep up the payments due.

[John Leslie]

Surely no new tenant is going to sign up to a lease at 4 grand a week for 25 years ?

If not the council is going to have to write off most of the 8 million it spent to provide a limited company with a speedway stadium in Manchester..

Great for Belle Vue speedway , not great for the taxpayers of Manchester

Think people are confused how these developments work.

 

The reported £6m-£8m is the cost of the entire development including the gym, basketball hall, rugby pitches etc. The bit that the previous Belle Vue promotion were buying by way of a loan was just the grandstand building and pits area. The council even own the centre green rugby pitch.

The council haven't got to write anything off. At the moment they just own a speedway facility as well as owning basketball, gym and rugby facilities etc. it remains to be seen if the new promotion set out a plan to buy the speedway part or just rent it.

 

Really it's tiny compared to the £25M spent building the nearby indoor BMX track. That's council owned too. Manchester BMX club don't pay £25m back to use it.

[MattK]

Surely no new tenant is going to sign up to a lease at 4 grand a week for 25 years ?

If not the council is going to have to write off most of the 8 million it spent to provide a limited company with a speedway stadium in Manchester..

Great for Belle Vue speedway , not great for the taxpayers of Manchester

 

Isn't it a 60 year lease?

[New Science]

Think people are confused how these developments work.

 

The reported £6m-£8m is the cost of the entire development including the gym, basketball hall, rugby pitches etc. The bit that the previous Belle Vue promotion were buying by way of a loan was just the grandstand building and pits area. The council even own the centre green rugby pitch.

The council haven't got to write anything off. At the moment they just own a speedway facility as well as owning basketball, gym and rugby facilities etc. it remains to be seen if the new promotion set out a plan to buy the speedway part or just rent it.

 

Really it's tiny compared to the £25M spent building the nearby indoor BMX track. That's council owned too. Manchester BMX club don't pay £25m back to use it.

When this facility was built it was on the understanding that the costs of the speedway stadium would be paid back, it was not built on the understanding that the council would simply now own a speedway stadium. The other facilities involved are for the use of the general public, not the case with the speedway track. The only way I can see round it is the council to offer a short term lease to be reviewed upon expiry . Cant see anyone wishing to get involved in a long term commitment or the council letting the stadium on more favourable terms than the last tenants.

[martinmauger]

Yes, just walk around Swindon and see how many are empty or rented out for a week or two.

Most of the charities are using empty shops with little or no rent paid.

Same in Hull, though even charity shops and recently a 'Cash Grabbers' have closed. The local footie team and both rugby teams are alledgedly, though I couldn't possibly comment, millions in debt and the council, so people say, constantly bail them out and no seems to give a stuff....

[The White Knight]

Yes, just walk around Swindon and see how many are empty or rented out for a week or two.

Most of the charities are using empty shops with little or no rent paid.

 

 

Same in Hull, though even charity shops and recently a 'Cash Grabbers' have closed. The local footie team and both rugby teams are alledgedly, though I couldn't possibly comment, millions in debt and the council, so people say, constantly bail them out and no seems to give a stuff....

Same in Sunderland.

 

Probably the Football Club will be in the same state too.