Interesting article on Club in Telegraph - Club for sale ???

Airman Brown

The training ground is worth very little because you'd never get planning permission to develop it. FACT

Is that OK :-)

Off_it

But that's a bit like saying you'd never get planning permission on Green Belt land. You try telling that to Gordon Brown.

There is another sports ground in the same area owned by developers who, it seems to me, are getting closer and closer to getting just such planning consent.

jimmymelrose

[cite]Posted By: Airman Brown[/cite]The training ground is worth very little because you'd never get planning permission to develop it. FACT

Is that OK :-)

Surely the point is that you need a training ground to train on. Unless you plan to sell everything and do away with the club itself.

Imissthepeanutman

This is the beginning of the end of the Richard Murray era..and will change the club going forward. He and colleagues have been fantastic to the club and its supporters but change now seems inevitable. I personnaly dislike the foreign ownership of English clubs as much as I do the high proportion of overseas players in our leagues. Yes the Premier League and the Championship are envied the world over but I personnally prefer how it used to be and to some extent that even includes the Gliksten era if not the Selhurst/Upton Park sagas. Any terms of Sale that try to protect certain 'homely' aspects of the running of the club, The Valley, season ticket prices can only be for a limited period of time. The simple fact is that the top 30 or so English football clubs are effectively international brands which have a marketability in the same way as say Pepsi and Marlboro (although not the same scale) and need the appropriate capital accordingly. I cant see any new owners walking around a cold Riverside on a Thursday night in the same way that Richard Murray and Co did a while back. There will be many that will welcome such a development but I am not one of them.

Off_it

Good post Imissthepeanutman - i'm with you.

razil

I think the thing about property is to do with the value, it means the the value is not just paper but physical, i.e the club owns some prime real estate with real value, rather than some out of town worthless brownfield site, or facilities owned by the local authority.

guinnessaddick

No takers yet.


Disclosure Table

jimmymelrose

[cite]Posted By: razil[/cite]I think the thing about property is to do with the value, it means the the value is not just paper but physical, i.e the club owns some prime real estate with real value, rather than some out of town worthless brownfield site, or facilities owned by the local authority.

But is only has value if you sell it.