Flying Fokker
Well-Known Member
This has been discussed many many times.
If you have a local benefactor who has more money than they can spend and wants an interest then of course you can make a case for a new stadium etc etc.
If you have an investment company looking to make a good return for its investors, then there is no way any of this makes sense.
Nobody knows what SISU really have at stake, I think everybody can agree that they have lost far more than any fire sale of the very few assets could produce.
I find it difficult to believe there is any developer stupid enough to invest in a new ground where the security for their investment is the rent to be paid by CCFC.
Let us say that the Club could be sold tomorrow for 5m, big if, if SISu spend 2om on a new ground, 10m for the land would it now be worth more than 35m?
When I say worth I mean somebody willing to put down that sort of money.
Sounds very unlikely.
I doubt they have the money.....a 12k stadium plan tells me so.
SISU out.