T
true sky blue
Guest
just answer which one you would do
just answer which one you would do
just answer which one you would do
By the way they have only committed to spend £20-30M.
No Brainer -- the Ricoh, as it has extra revenue streams from other events/conferences/ has a Hotel/Casino and a much better long -term investment. Hypothetical question anyway as £70 mil price tag is guess work.
just answer which one you would do
Is that the revenue streams CCFC don't get access to?
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Catering has been sold by ACL to compass. How many more timesPresumably we would have access if we bought it (as set out in the question).
Or do you think that SISU are so stupid that they'd buy it, but not get access to them?
the cost to build the ricoh was £113 million. its now an established business in many areas but runs at a loss. its a fair estimate that the value of the arena and ground (the ground opposite to the ricoh is the money spinner dont forget) £70m is about right
Catering has been sold by ACL to compass. How many more times
just answer which one you would do
the cost to build the ricoh was £113 million. its now an established business in many areas but runs at a loss. its a fair estimate that the value of the arena and ground (the ground opposite to the ricoh is the money spinner dont forget) £70m is about right
The £113 milion was for the total development of the BG site not cost of the building the stadium.
Tesco paid £40+ mil for their huge chunk of the land.
There was also millions in govenment grants to clear up the contaminated site.
Add the fact that ACL have a 50 year lease and have already sold long leases, for the
casino / hotel / catering, the Ricoh has very little real value.
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