Highfield road (1 Viewer)

melbourneskyblue · Dec 20, 2011

How much was it sold for ?

akira1984 · Dec 20, 2011

Just enough to pay a tax bill, it was also sold to a company Brian Richardson was involved with

johnniericoh · Dec 20, 2011

I believe it was about £7M

Glen · Dec 20, 2011

£7m ourhome was worth way more surely

torchomatic · Dec 20, 2011

To be honest, I don't even think it was that much, I think it was £5M. Sounds all well and good, but don't forget after Richardson's mishandling of the whole sorry affair, the Club realised that we wouldn't be moving into our new "home" as quickly as first thought and so we had to rent our own ground back from the developers!

torchomatic · Dec 20, 2011

Fans should think while they are - rightly - slagging off SISU and realise where this all started.

When Richardson took charge of the club we were £4.5M in debt. When he left the debt was £61M. Although, it was nice at the time to watch Robbie Keane, McAllister et al, it ultimately wasn't worth it and I wish we'd never signed any of them.

As mentioned above we sold HR and then rented it back. At one time we owned the Arena site and the proposed stadium but the debt got so bad that we sold our interest in it for £13M so that we could pay off some of the debts. Again, if not for Richardson, we would probably own the Ricoh and things would be so very different.

I have more anger towards Richardson than I ever will for SISU.

melbourneskyblue · Dec 20, 2011

5 mill 7 mill.....what a crying shame.

Having you own home ground is your identity,where your history is and where your future lies.Not to have one makes us friggin Gypo's in my mind,no wonder Freddy signed for us.

My dad said at the time moving to the Ricoh would be a very bad move and boy was he right

PUSB

torchomatic · Dec 20, 2011

Too true. I said at the time it was a mistake and never wanted to move from HR. It's not like we were too small for the ground or anything. However, it all comes down to money, as ever. Richardson saw an opportunity to make some cash - he awarded himself a nice £300K bonus for us getting a new stadium - and that was that.

We should have stayed where we were. Too late now, of course.

melbourneskyblue said:
5 mill 7 mill.....what a crying shame.

Having you own home ground is your identity,where your history is and where your future lies.Not to have one makes us friggin Gypo's in my mind,no wonder Freddy signed for us.

My dad said at the time moving to the Ricoh would be a very bad move and boy was he right

PUSB

CUS Wyken · Dec 20, 2011

And too think we rented Highfield road for the last season or two aswell.

Richardson is to blame for the demise of this club.

I personally wish we never left Highfield road

torchomatic · Dec 20, 2011

The rent for HR was apparently £1M a year.

CUS Wyken · Dec 20, 2011

torchomatic said:
The rent for HR was apparently £1M a year.

Its a shame that back then we didn't see what was happening in the background. We were blinded by this new stadium etc...

torchomatic · Dec 20, 2011

True. Retractable pitch, sliding roof. I remember season ticket holders getting a brochure all about "Arena 2000".

CUS Wyken said:
Its a shame that back then we didn't see what was happening in the background. We were blinded by this new stadium etc...

crowsnest · Dec 20, 2011

And don't forget the bid to be the new Wembley with a 90,000 seater stadium!

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