Brighton council aren't. But to have the casino/retail/hotel development being suggested is going to require land that is not on Brighton council's patch.
1: The stadium, which you agree has no long term value other than as a stadium, has a cost of £90 million, which will have to be written off.
2: The land upon which it is built is NOT in the affluent part of Brighton (I'm from Woodingdean, I should know), furthermore, Brighton Council do have...
There is no evidence to suggest there will be any significant capital gain at the Amex though. It is a single purpose asset, and generates negative cash flows as well as profit.
Brighton is littered with projects that have gone tits up, and I can't see why a hotel and cinema, bowling alley...
No it won't
a) The fanbase, whilst superb this season, will taper off from next season onwards if we are not promoted. However, matchday income of having an extra few thousand bums on seats is not significant compared to parachute payments
b) What is a 'good return'? An investor would be...
It doesn't make commercial sense to sink £150 million into a venture on the off change you might make some ancillary money from operating a hotel. Hotels are not particularly profit making, and realistically nothing is going to open before 2017/18 by which time we could have been in and out of...
I don't want to be rude, but you are talking nonsense.
Let's look at the Albion dispassionately and purely as a financial opportunity.
The business has only made a profit once in 40 years.
The owner has invested £150 million into the business and has not taken anything out.
There is a one...
Difficult to say with confidence, and the wage bill ranges from Swansea (£35 million) to Citeh (£202 million).
But if we say that 80% of the wage bill goes on first team squad players, and assuming a first team squad of 25, this would work out at £2.66 million per player per year, or £51,000 a...
Transfer embargo cannot work if the club is promoted, as it is no longer a member of the FL.
Because the club agreed to FFP whilst a member of the FL, in theory it can be fined for breaching the rules, but would be interesting to see what would happen if an appeal went to court.