There seems to be numerous posts about Latics being "given" money by OMBC, or "Bank of Mum and Dad".
This was not the case.
OAFC, well, the three owners at the time, bought the land (partly from OMBC themselves) on the proviso that it could be redeveloped, not just the stadium.
They gave assurances it could be redeveloped.
It turned out that that OMBC had not done their due diligence and covenants prevented development.
Therefore, in order to avoid a [more] costly legal case, OMBC paid for the stand redevelopment and the money that Latics had already paid OMBC.
So apart form the ost of duff advice, there was less cost to Oldham taxpayers.
None of which is linked to OMBC shafting Roughyeds seemingly twice. (‘Sheddings and Whitebank it seems.) Though the due diligence by Mr H in the case of Whitebank raises questions. That may be answered, we do not know.
So this anti Latics sentiment, to me had no basis, just an easy thinkl to do.
Personally, Latics and Roughyeds at Boundary Park, with Roughyeds having their own stand and a reasonable deal for extras seems would be excellent.
Also re catering, as that is my knowledge, the deal means that the catering co absorbs initial profits, but also losses, and excess profits are shared. So it has to be busy for Latics to make money on catering, and something Roughyeds are unlikely to be able to exceed for some time.
With regards to programme revenue etc we do not know, but one would hope that would be all Roughyeds and the rental costs were toward the stadium.
And we do not know the relationship between Corney and Hamilton, but there are far too many stories of bridges burnt to not have any substance.
I have no axe to grind with Mr H, and want him to succeeed as a reward for his hard work. But I would also like him to let others help. I know plenty of that type of charachter and they cannot let go and give the impression that only they know best.
- Hollinwooder likes this