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Re: From Facebook - Re: THE FUTURE OF CLUB FOOTBALL IN NUNEATON

By VS Griff (VS Boro)22/1 08:18Mon Jan 22 08:18:40 2024In response to Re: From Facebook - Re: THE FUTURE OF CLUB FOOTBALL IN NUNEATON

Views: 666

I think the low rent paid by the Nuns was part of the agreement to allow Boro' to purchase at a lower than book price value.

Boro needed the land; The Nuns needed somewhere to play; The Boro could not afford market value
SO (for illustration) - Sale £100 plus peppercorn rent OR £120 plus full rent.

If Nuns stuck out for market value, then Boro would be homeless and the Nuns probably financially ruined.

Also, what Boro were paying AT was probably very low in the scheme of things.

>>>> Former Nuneaton Boro fan <<<<