Sharks proposal prompts purchase plan

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SUTHERLAND Shire councillor George Capsis wants the council to purchase the two playing fields that have been earmarked for the Sharks' $300 million development.

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The Shire

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someone needs to stick a sock down this blokes throat and shut him up. he is now a cancer on the club. Usually i want all the supporters we can get but seriously this guy has no idea.

if the council purchases the land it may ensure the survival of the club for five years and then we have lost our only asset. and we will be extinct!!

but if the state approves it we have nothing to worry about. we wouldnt need the consent of this crazy fool.

Capsis go for someone else you old fool
 

Lumpy

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The club owns the ground so we don't have to sell it to them. If the council wants to pay what we will make from the development, go for it.
 

Mark^Bastard

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Actually this is the first smart thing this crossneck wanker has said IMO.

The playing field were going to be for the residential part of the development, which from what I understand is going to take the longest and we won't retain ownership of it after the development. That means that what we get out of it is X amount of money after Y time.

If the council wants to buy it for X amount and buy it earlier, then that is beneficial for the Sharks. I guess the only drawback is that having that many residents nearby may have meant more patronage at the club, but that's pretty spurious probably.

However, there is no way the council will pay $20,000,000 or whatever for that land.
 

Lumpy

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Good point MB. The article says the council has 35-40 million in the section 94 fund. We can meet them half way between the two - $37.5 million. Seems like a good deal to me.
 
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