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two questions on the stadium (1 Viewer)

  • Thread starter covboy1987
  • Start date Nov 15, 2014
Forums New posts
C

covboy1987

Well-Known Member
  • Nov 15, 2014
  • #1
The stadium cost 113 million and was sold what looks like 20 million, surely the stadium like all property goes up in value not down? - who values it and why was it sold so cheaply

If the stadium was sold for 20 million and it may cost 20 to 40 million to build a new CCFC stadium (depending who you speak to) why did SISU not purchase the stadium outright! at what looks like a bargain, and would have certainly appeased their shareholders and ticked all the boxes for revenue streams which they keep on mentioning
 

Rusty Trombone

Well-Known Member
  • Nov 15, 2014
  • #2
They have sold the stadium management company.
 
J

Jack Griffin

Guest
  • Nov 15, 2014
  • #3
Rusty Trombone said:
They have sold the stadium management company.
Click to expand...

True, but with a 250 yr lease to operate in the stadium, so not a lot of difference.
 

Senior Vick from Alicante

Well-Known Member
  • Nov 15, 2014
  • #4
Surely they can sell the stadium at any time? The stadium will always sit as an asset in the accounts of CCC as well.
 
G

Glen

Member
  • Nov 15, 2014
  • #5
Who care we have no say due to shitty ccc why bother caring
 

letsallsingtogether

Well-Known Member
  • Nov 15, 2014
  • #6
Glen said:
Who care we have no say due to shitty ccc why bother caring
Click to expand...

You have to put a serious offer in first if you want to buy anythng:thinking about:
 
E

ecky

Well-Known Member
  • Nov 15, 2014
  • #7
Too late now....
 

letsallsingtogether

Well-Known Member
  • Nov 15, 2014
  • #8
ecky said:
Too late now....
Click to expand...

Was never an option to be honest.
 
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