Angler1 wrote:So what exactly would a prospective owner be buying if they bought Morecambe FC ?.
The EFL league status (meaning they could relocate the club to a different town) and leave behind the ground, if say, someone in Lancaster had pots of money and wanted a shortcut for Lancaster to become an EFL team, they could buy Morecambe, change it's name and relocate it to Giant Axe (yes, stupid, but that's the theory).
The right to use and benefit from the Stadium via the lease (so potentially create higher income from the land and buildings, i.e. develop and rent out the facilities such as boxes, hospitality suites, bar, shop, offices and even the concourses, just leaving the pitch "available" for football, i.e. for, say, an amateur or non league club. Renting out the "indoor" areas as offices, or even something like a GP surgery or dental surgery could potentially bring in enough money to provide a return, and just basically let a local non league/amateur football club use the pitch on a peppercorn rent, where spectators will be so low in number, they wouldn't need facilities. As far as I know, there is no clause in the lease preventing the "indoor" areas from being used for activities other than football! Preston North End have a GP surgery and small health centre under one of their main stands!!
A "going concern" business, i.e. staff, premises, equipment, etc. that could be used for other sports, such as relocating the Vale of Lune Rugby club? Again depending on whether the trust legal documents specify it has to be used for football, or whether other sporting activities would be allowed.
