two questions on the stadium (1 Viewer)

[covboy1987]

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

 

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[Rusty Trombone]

They have sold the stadium management company.

 

[Jack Griffin]

They have sold the stadium management company.

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

 

[Senior Vick from Alicante]

Surely they can sell the stadium at any time? The stadium will always sit as an asset in the accounts of CCC as well.

 

[Glen]

Who care we have no say due to shitty ccc why bother caring

 

[letsallsingtogether]

Who care we have no say due to shitty ccc why bother caring

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

 

[ecky]

Too late now....

 

[letsallsingtogether]

Too late now....

Was never an option to be honest.