Tovo64

Well, take a look at what the R&A fb page just posted here already. No cork though.

I just wanted to comment on the "not for profit" aspect of the CYC as I think it's something that is often misunderstood. Not for profit organisations still need to make money, the only difference is that the money they raise is not distributed to shareholders, but rather reinvested in the business. My point is that arguing that the CYC doesn't need to worry about signing a (very) long term lease because it is a not for profit isn't logical. Like any business, CYC needs to make money to survive and thrive. It would be bad business to lock themselves in for such a long period. Personally I think their position is entirely reasonable and I also think that the State Government will eventually see sense and reach a compromise position with CYC for the benefit of all. Just in case someone wonders, these thoughts are only mine and I have no connection whatsoever with the CYC.

I just wanted to comment on the "not for profit" aspect of the CYC as I think it's something that is often misunderstood. Not for profit organisations still need to make money, the only difference is that the money they raise is not distributed to shareholders, but rather reinvested in the business. My point is that arguing that the CYC doesn't need to worry about signing a (very) long term lease because it is a not for profit isn't logical. Like any business, CYC needs to make money to survive and thrive. It would be bad business to lock themselves in for such a long period. Personally I think their position is entirely reasonable and I also think that the State Government will eventually see sense and reach a compromise position with CYC for the benefit of all. Just in case someone wonders, these thoughts are only mine and I have no connection whatsoever with the CYC.