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Never-Pay-Never

Treyew Road Redevelopment

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From the latest planning application documentation:

 http://planning.cornwall.gov.uk/online-applications/files/B019051B81D15C9A81A21DEF2A40E1F6/pdf/PA17_08182-HELT3001_ES_VOL_1_SEPTEMBER_2017_CORRECTED-3500971.pdf 

 

“3.8. The Relocation Agreement is currently being redrafted and is expected to be complete in September 2017. The Agreement provides for two payments; one for £2M by way of a variation to the Section 106 Agreement to go towards the new joint Stadium, and another payment directly to the TCFC. This will replace the obligation to build a new facility solely for the use of TCFC. “

 

One could perhaps be forgiven for thinking that this looks like a bit of a “brown envelope” to TCFC owners for “going quietly” with only the paltry sum of £2M being ring-fenced for relocation to S4C.  We await the fully redrafted agreement but this arrangement looks to place TCFC in a very dangerous place in my opinion.

 

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12 hours ago, Never-Pay-Never said:

From the latest planning application documentation:

 http://planning.cornwall.gov.uk/online-applications/files/B019051B81D15C9A81A21DEF2A40E1F6/pdf/PA17_08182-HELT3001_ES_VOL_1_SEPTEMBER_2017_CORRECTED-3500971.pdf 

 

“3.8. The Relocation Agreement is currently being redrafted and is expected to be complete in September 2017. The Agreement provides for two payments; one for £2M by way of a variation to the Section 106 Agreement to go towards the new joint Stadium, and another payment directly to the TCFC. This will replace the obligation to build a new facility solely for the use of TCFC. “

 

One could perhaps be forgiven for thinking that this looks like a bit of a “brown envelope” to TCFC owners for “going quietly” with only the paltry sum of £2M being ring-fenced for relocation to S4C.  We await the fully redrafted agreement but this arrangement looks to place TCFC in a very dangerous place in my opinion.

 

Definitely .....writings on the wall - get ready to get out (!)

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