tsubaki
Player Valuation: £90m
You've got hold of the wrong end of the stick then. I wasn't suggesting FSG were seeking to grow the club organically and rely on spending earnings from it rather than investing; I was pointing out that stadium restructuring is a pre-requisite for flogging the club to new owners with deeper pockets.
That's why they've gone for redevelopment: it costs less than a new stadium and can recoup a bit for them with it's corporate box emphasis which will offset any spending they will be making.
It's a cosmetic exercise because they know new owners wont want to step into a minefield of stadium redevelopment still needing to be got off the ground and all the politics that go hand in hand with it.
They basically have Hicks and Gillett's plans of develop and sell on.
But why should redeveloping, to say nothing of a new stadium, be a minefield? They own most of the properties in question anyway, the rest are situated in one of the cheapest property markets in the country, and the local council accede to their every whim. Yet it is that issue that did for Moores, did for Yanks I in the main, and is scaring off potential buyers apparently. Could it be that, in fact, the situation of the club is such that the sums dont and will never add up?








