Hope overseas investment companies don't ever gain control of our club.
https://www.saddlers.co.uk/news/2022/ju ... -ownership
Walsall.
Moderators: Admin, Ralph, asl, Robin
-
- Posts: 29847
- Joined: 21 Nov 2009, 03:27
Answer is in the article:
“Facilitating and completing the purchase of the stadium freehold is a top priority for the new ownership group.”
Overnight the stadium becomes a positive asset on the balance sheet.
And the land around it is in a designated regeneration zone in Transport for West Midlands ‘unlocking economic benefits of HS2’ so the land will be going up in value as well.
They can then sell the club, stadium and land for a profit, or keep it all but start charging rent to the club.
lolRegencyCheltenhamSpa wrote: ↑06 Jun 2022, 13:20Answer is in the article:
“Facilitating and completing the purchase of the stadium freehold is a top priority for the new ownership group.”
Overnight the stadium becomes a positive asset on the balance sheet.
And the land around it is in a designated regeneration zone in Transport for West Midlands ‘unlocking economic benefits of HS2’ so the land will be going up in value as well.
They can then sell the club, stadium and land for a profit, or keep it all but start charging rent to the club.
-
- Posts: 29847
- Joined: 21 Nov 2009, 03:27
What do you find amusing about a speculative land/property investment?longmover wrote: ↑07 Jun 2022, 08:18lolRegencyCheltenhamSpa wrote: ↑06 Jun 2022, 13:20Answer is in the article:
“Facilitating and completing the purchase of the stadium freehold is a top priority for the new ownership group.”
Overnight the stadium becomes a positive asset on the balance sheet.
And the land around it is in a designated regeneration zone in Transport for West Midlands ‘unlocking economic benefits of HS2’ so the land will be going up in value as well.
They can then sell the club, stadium and land for a profit, or keep it all but start charging rent to the club.
-
- Posts: 29847
- Joined: 21 Nov 2009, 03:27