Hull FC - blackandwhites.co.uk • On the spherical ball game.
bonaire wrote:
You said the stadium Jake thats why i said not true.
The stadium itself to a potential buyer is not really important.Its asset value given its age and ongoing maintainance costs is probably in the land its built on and that cant be realised for many years given the current long term leases.
What is important as i said would be the ability to purchase some of the adjoining land for development and the council are willing to discuss this with any potential buyer of Hull City.
I meant the stadium complex which is where they could start to look at non football revenue streams. Anyone buying the club would be looking for ownership of the stadium itself so they could develop it as they want to . I don't know of many PL and EFL clubs who play in a rented stadiums so the model is clearly ownership of your stadium and as much land as you can get. Running & maintenence costs are minimal compared to income levels in the PL and top of the championship
Statistics: Posted by Jake the Peg — Mon Dec 17, 2018 7:00 pm — Replies 6 — Views 673