Bramall Lane - What's it Worth?

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Pennblade

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Is there anyone out there with relevant experience/knowledge - what's the value of the Bramall Lane site assuming you had commercial/residential planning permission?
 



I saw this advert for some land somewhere near the University and if BDBTL covers 12 acres and if it had even outline residential planning permission then maybe, £6,000,000?

I don't think that's going to cover KM's debts somehow ..

Value_of_Land_in_Sheffield.png
 
BornOnShoreham said:
I saw this advert for some land somewhere near the University and if BDBTL covers 12 acres and if it had even outline residential planning permission then maybe, £6,000,000?

I don't think that's going to cover KM's debts somehow ..
Click to expand...

Well it won't if all he wants to do is sell the land. If he were to develop the land himself and put shed loads of residential and retail units on there, you could probably times that figure by 5 or 6. He is, after all, a property developer. Just saying..... ;)
 
Jon Bon said:
Well it won't if all he wants to do is sell the land. If he were to develop the land himself and put shed loads of residential and retail units on there, you could probably times that figure by 5 or 6. He is, after all, a property developer. Just saying..... ;)
Click to expand...


True Jon Bon true.

If he built student flats he'd have a rental fortune for life or he could then sell on at a premium.

Gulp ... he wouldn't do that to us would he?

:eek:
 
The units that he has PP for, at the corner of John Street/Shoreham Street, aren't student flats. There's also the residential units at the corner of Shoreham St/Cherry Street that will probably get the nod at the next planning board too. It will be interesting to see, if and when they get built, how well they sell and for what price.

And yes, I believe that he would do that to us.......
 
BornOnShoreham said:
True Jon Bon true.

If he built student flats he'd have a rental fortune for life or he could then sell on at a premium.

Gulp ... he wouldn't do that to us would he?

:eek:
Click to expand...
The time to start worrying will be when he vehemently denies it, but keep an eye out for any ownership changes at the DVS too.
 
and if mccabe wants to develop bramall lane , what sort of residences will he build , considreing theres severasl hundred 1/2 bedroonm flats vacant already within half a mile of the ground.
 
sell BDTBL for £5m buy DVS site for £5m, spend £1-2m upgrading DVS to provide reasonable facilities / corporate etc.

Can't see it.
 
The pigs on Sheffield council would sell it McCabe for £1 if it meant offloading the DVS and at the same time consigning us to a future about as bleak as Notts Co have in Nottingham. McCabe will never sell BDTBL, not when he can sit tight and develop it into flats and small retail outlets any time he chooses. Might work out well for McCabe & the council if they could convince IKEA or Next to move there rather than Meadowhall. ;)
 
SEMANTICS , its owned by PLC which owns football club, deeds are kept by lawyers , so who really owns it

youd say mccabe , but he owns united, chicken egg springs to mind

WHO IN THEIR RIGHT MIND WOULD BUY THE CLUB WITHOUT THE GROUND, so if mccabe owns the club ,.....
who do you want to own the ground , MaNDARIC
 
Come on fellas get with it. He only paid a £ as he took the associated debt with it.

This approach reduced the club's liabilities and probably saved us from being insolvent. It also provides some protection to the ground, our most valuable asset, away from the company's creditors.

It does make commercial and business sense. McCabe knows that he can't do anything with the ground, as without it the football club is worthless and he will lose all the money he has lent to the club.

He can always offer the ground to any interested party who takes over the club. Beware the danger that it could end up in the hands of a Yeung or Shinawatra type character - then we will have real trouble.

HH
 



Hartley Hare said:
Come on fellas get with it. He only paid a £ as he took the associated debt with it.

This approach reduced the club's liabilities and probably saved us from being insolvent. It also provides some protection to the ground, our most valuable asset, away from the company's creditors.

It does make commercial and business sense. McCabe knows that he can't do anything with the ground, as without it the football club is worthless and he will lose all the money he has lent to the club.

He can always offer the ground to any interested party who takes over the club. Beware the danger that it could end up in the hands of a Yeung or Shinawatra type character - then we will have real trouble.

HH
Click to expand...

I just cannot believe your post. Complete an utter misguided an clapper rubbish. The ground was the only asset SUFC LTD had and Disgusting Property Speculator got his hands on it. As someone said above, why would anyone buy the club and then pay rent to McStripper? The bloke has killed our club and you are the one that needs to wake up. To say the pillage of BDTBL from SUFC LTD has strengthened that company is just laughable.
 
"clapper rubbish" very amusing.

By removing the property and transferring sufficient value of loans away (with the cost and cash flow of servicing that debt gone as well) from a financial point of view SUFC Limited is better-off.

This makes commercial sense. Particularly if the entity or person who takes over the debt and property has a vested interest in protecting the property and allowing SUFC Limited to continue to use the property as before.

It is a good job McCabe is a disgusting property speculator, as you put it, because his money has kept the club afloat for the last three years. £20m+

I am not supporting the decisions he has made, and he has lost his own money, but at least he has put his hands in his pocket and I am grateful for that. I just wish right now he would support our new manager and provide him with some decent players to improve the team.

HH
 
Hartley Hare said:
Come on fellas get with it. He only paid a £ as he took the associated debt with it.

This approach reduced the club's liabilities and probably saved us from being insolvent. It also provides some protection to the ground, our most valuable asset, away from the company's creditors.

It does make commercial and business sense. McCabe knows that he can't do anything with the ground, as without it the football club is worthless and he will lose all the money he has lent to the club.

He can always offer the ground to any interested party who takes over the club. Beware the danger that it could end up in the hands of a Yeung or Shinawatra type character - then we will have real trouble.

HH
Click to expand...

What a compete load of bollocks. why do you think a club who regularly get attendances approaching 18,000 can't compete with the likes of Crawley & Stevenage etc ? Not because Bramall lane is bigger than their grounds and cost's more to run, attendances and ground size are all relative the facts are we cannot compete because of McCabe's stupid decision making which got us into huge debt. To service that debt we now are paying McCabe's loans back at rates higher than the bank rate. We no longer own the hotel or offices who's income now goes to McCabe and to top it off we no longer own Bramall lane and could end up being charged a £1million p.a rent should he so wish.
McCabe is an asset stripper plain and simple when he sells Maguire and Long then his plan will be all but complete, all that he needs to wait for then is our fall into league two and ground sharing with Rotherham Utd or possibly a move to the DVS and he will be free to build his student flats in S2.
 
Micalijo said:
I just cannot believe your post. Complete an utter misguided an clapper rubbish. The ground was the only asset SUFC LTD had and Disgusting Property Speculator got his hands on it. As someone said above, why would anyone buy the club and then pay rent to McStripper? The bloke has killed our club and you are the one that needs to wake up. To say the pillage of BDTBL from SUFC LTD has strengthened that company is just laughable.
Click to expand...
cant believe your post , you insist the grounds not ours , but it is , he hasnt killed the club , subsequent play off final losses have took us backwards , ie the players , hes funded every challenge , the fact we are where we are is down to players, like even macdonald , who has been elevated to Messi status by some to back their argument , who failed us in finals,

Lets not forget if there were no play offs we would have 4 more promotions on our cv, all financed by mccabe
The blame for not finishing the job is totally the players

asset stripped how , prove it , the ground is still there as is the owner , wheres the proof 1 asset has been removed , there is none except in your head

I passed Bramall Lane last night and it was still there , as were all the improvements its undergone under his stewardship, we only have those assets due to him

Post one bit of proof of 1 asset being stripped, name it and where its gone
 
blade too long said:
asset stripped how , prove it , the ground is still there as is the owner , wheres the proof 1 asset has been removed , there is none except in your head

I passed Bramall Lane last night and it was still there , as were all the improvements its undergone under his stewardship, we only have those assets due to him
Click to expand...

Can someone double check this? It sounds like the hotel and the enterpirse centre are currently invisible.
 
Hartley Hare said:
Come on fellas get with it. He only paid a £ as he took the associated debt with it.
He can always offer the ground to any interested party who takes over the club. Beware the danger that it could end up in the hands of a Yeung or Shinawatra type character - then we will have real trouble.

HH
Click to expand...
yeah but that it is exactly it. he 'is' a yeung or shinawatra type and we 'have' real trouble.. NOW
 
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