sheepshagger Posted October 5, 2011 Share Posted October 5, 2011 According to Charlie Allan on twitter Link to comment
Ke1t Posted October 5, 2011 Share Posted October 5, 2011 According to Charlie Allan on twitter PIES! MUST... HAVE... PIEEEES! Fucking fuck fuck fuck! Link to comment
Jonty Posted October 5, 2011 Share Posted October 5, 2011 http://www.business7.co.uk/features/business-profiles/2011/10/05/cbre-appointed-to-sell-pittodrie-106408-23469244/ "To that end, the major shareholders remain totally committed to contributing additional equity and while we will require further equity, we would hope that the sale value of Pittodrie together with the naming rights and a secured mortgage will mean that we will be more than 80 per cent there in terms of raising the £38m required for our new home." Link to comment
Admin Bebo Posted October 5, 2011 Admin Share Posted October 5, 2011 PIES! MUST... HAVE... PIEEEES! Fucking fuck fuck fuck! Anyone know if the tale about someone bricking up Charlie's driveway when he was away on holiday years ago is true? Link to comment
E-P-K Posted October 5, 2011 Share Posted October 5, 2011 What realistically would the approx value be ? Link to comment
Ke1t Posted October 5, 2011 Share Posted October 5, 2011 What realistically would the approx value be ? Link to comment
E-P-K Posted October 5, 2011 Share Posted October 5, 2011 Maybe Stewarty Milne can cut a deal with AFC like he did with ACC, whereby he buys the land for, say, 500k? I fully expect SMG to get the land, however, what would happen if X, Y or Z building contractor type group offered Link to comment
The Boofon Posted October 5, 2011 Share Posted October 5, 2011 I fully expect SMG to get the land, however, what would happen if X, Y or Z building contractor type group offered Link to comment
E-P-K Posted October 5, 2011 Share Posted October 5, 2011 I think whoever owns it can accept any bid they want. If you were to put your house up for sale and I offered 10 grand more than Walk-Tall you could still sell it to Walk-Tall if you wanted to. Walk-Tall might need to sell his house first for example where I could offer cash straightaway. What they canna do is accept one offer then accept another one while it's under offer. In England that can happen (gazzumping) but in Scotland an offer is legally binding once accepted in writing. You can obviously still just decide nae to sell and wait a few months before marketing it again but I doubt that'd happen. Rather ironically, is it not Talltray ltd that owns Pittodrie ? Do they also own the car parks ? Link to comment
The Boofon Posted October 5, 2011 Share Posted October 5, 2011 Rather ironically, is it not Talltray ltd that owns Pittodrie ? Do they also own the car parks ? No idea. I just racked my brains to think of someone from BCK that would raise a smile by the mear mention of his handle and Walk Tall was first up. Tish-Kish was a close second place. Pac-Man I guess would be the most popular property fella but he's minted and could buy any hoose he wanted if he knew he had money. Link to comment
K-9 Posted October 5, 2011 Share Posted October 5, 2011 I fully expect SMG to get the land, however, what would happen if X, Y or Z building contractor type group offered Link to comment
RUL Posted October 5, 2011 Share Posted October 5, 2011 http://www.business7...06408-23469244/ "To that end, the major shareholders remain totally committed to contributing additional equity and while we will require further equity, we would hope that the sale value of Pittodrie together with the naming rights and a secured mortgage will mean that we will be more than 80 per cent there in terms of raising the Link to comment
Admin Bebo Posted October 5, 2011 Admin Share Posted October 5, 2011 Rather ironically, is it not Talltray ltd that owns Pittodrie ? Do they also own the car parks ? As part of the financial restructuring, on 1 July 2006 the ownership of Pittodrie Stadium and its associated buildings and car parkswas transferred to Talltray Limited a newly formed wholly owned subsidiary of the Group. On 2 August 2006 a term loan of Link to comment
K-9 Posted October 5, 2011 Share Posted October 5, 2011 Full running of club (or talltray) signed over to Duncan Fraser in order to negate any conflicts of interest. Presume whoever buys pittodrie will then be required to rent it back to afc for year or two whilst stadium is being builtSuspect that this is where SMG will come in. Value of land equals say 15 million and top bid maybe aqround 17/18 million. SMG bid 22 and then hire us back Pittodrie for the difference (and a profit). Link to comment
Sandafc Posted October 5, 2011 Share Posted October 5, 2011 Pretty sure I read somewhere that SMG will not be bidding on it as Stewart Milne thought it would be seen as a cut up if he bought the site. Link to comment
Tommy Posted October 5, 2011 Share Posted October 5, 2011 Anyone know if the tale about someone bricking up Charlie's driveway when he was away on holiday years ago is true? It sure is, my folks stay in same street.A hun crest was on the front. Link to comment
Dandyesque Posted October 5, 2011 Share Posted October 5, 2011 Can you imagine the estate agents advert? Stadium for sale. A once-in-a-lifetime chance* to aquire a 20,000 seater-stadium in an up and coming area of Aberdeen. 4 diversely designed stands each with a charm of its own, complete with numerous toilets, traditional in character as well as small kitchens dotted around the back. Large lawn in central atrium area, with a significant amount of outdoor lighting installed. Slightly fire damaged to one corner. Sea views. *unless the new one is a disaster Link to comment
Noremac Posted October 6, 2011 Share Posted October 6, 2011 Anyone know if the tale about someone bricking up Charlie's driveway when he was away on holiday years ago is true? Sure was, his wife showed me a photo of a 2 or 3 high breeze block jobby painted red white and blue of der hun. Link to comment
Scarface Posted October 6, 2011 Share Posted October 6, 2011 From today's P&J... Aberdeen FC chairman main runner to develop siteBidding war likely as Dons put Pittodrie up for saleBy Ryan Crighton Published: 06/10/2011 Bookmark with: Aberdeen Football Club last night put Pittodrie Stadium up for sale Link to comment
barassie_afc Posted October 6, 2011 Share Posted October 6, 2011 what great time to sell just as the property market is about to collapse Link to comment
Site Sponsor RTYD Posted October 6, 2011 Site Sponsor Share Posted October 6, 2011 Any experts out there able to let us know what the potential return could be if the club developed the site itself rather than sell it on to a third party developer? Link to comment
Texas Dandy Posted October 6, 2011 Share Posted October 6, 2011 If Stewart Milne has any sense SMG wont bid, therefore peeing on the chips of many a conspiracy theorist. Realistically though, SMG is the biggest house builder in the NE, they will bid. Link to comment
NorthernLights24 Posted October 6, 2011 Share Posted October 6, 2011 Why can't they do up Pittodrie again? Pittodrie No More Link to comment
Ron1903 Posted October 6, 2011 Share Posted October 6, 2011 We all know Milne wants the land so lets do it sneaky ebay style and put in a cheeky Link to comment
Dandyesque Posted October 6, 2011 Share Posted October 6, 2011 Any experts out there able to let us know what the potential return could be if the club developed the site itself rather than sell it on to a third party developer? I believe the articles of association would preclude us from doing so. Housebuilding will not be mentioned anywhere in them. But you are correct in that the club could make significantly more money by developing the ground itself. BUT, it would also open the club up to more risk - if the development went badly (eg unforseen costs, property slump) and turned into a loss, it would most likely bring down the club. Link to comment
Jazzer_Bett Posted October 6, 2011 Share Posted October 6, 2011 Two things I want only 1 SS red seat1 MS red brick Would be delighted if I could secure these items.... PS maybe one of the 4 lighting pylons for floodlighting the back garden. Link to comment
grantos83 Posted October 6, 2011 Share Posted October 6, 2011 Two things I want only 1 SS red seat1 MS red brick Would be delighted if I could secure these items.... PS maybe one of the 4 lighting pylons for floodlighting the back garden. ive been thinking about that too. how (if) do you think they would go about giving things away. how many number 83 seats are there in the stadium? Link to comment
King Street Loon Posted October 6, 2011 Share Posted October 6, 2011 Pittodrie No More Pittodrie No More 22.04.2010 Having been Aberdeen Football Club's home for more than a century, there is no doubt that when the time comes to relocate, it will be a monumental wrench for everyone connected with Aberdeen Football Club to leave Pittodrie Stadium. It has been the scene of so many memories - good and not so good - through the years and arguably, the spiritual home of AFC. However, the bottom line is, for the Club to continue to thrive and flourish in the decades to come, remaining at Pittodrie is simply not an option, for a number of reasons. The Cost of Redevelopment Three of the current four structures would have to be demolished and rebuilt and would have to be undertaken in a phased approach over a period of approximately five years. A conservative estimate for the costs would be in the region of £30m. UEFA Stadium Infrastructure Regulations A redeveloped Pittodrie would need to comply with the standards of a Category 3 facility as set out in the above, requiring a playing surface of 105m x 68m with increased run off areas (5m) around the touchline. Given the constraints of the surrounding streets, the footprints available for new stands will be reduced for the Merkland, Main and South stands which coupled with best practice guidelines necessitating larger seats, additional leg room, superior disabled facilities, larger concourses, more toilets and vomitories will dramatically reduce the capacity of the redeveloped stadium to approximately 12,000. As many supporters will be aware, the Club did attempt, unsuccessfully, through the years to purchase the then adjacent gasometer and former Gray's Timber Yard. Capital Contribution The new stadium will enable Aberdeen Football Club to sell the existing site and consequently make a substantial contribution towards the capital cost of the new arena and this would clearly not be available should the existing site be retained and redeveloped. Reduction in Income Streams Given the reduced capacity, were the Club to remain at Pittodrie, income streams would considerably reduce which, when added to the cost of redevelopment, the lack of sales proceeds and the timescales involved, would lead to unacceptably high debt which could never be serviced, let alone repaid, rendering the whole process unviable. The new stadium will only be developed once funding is fully identified and in place. The Club will require to demonstrate that any debt carried into the new stadium will be serviced and repaid from the additional revenue opportunities and operational savings the stadium can deliver. It is also acknowledged that it is imperative for the cost of the stadium to be 'stand alone' without any impact whatsoever on the ongoing operational budget for the football squad. Training Facilities It is our aim to incorporate associated training facilities adjacent to the new arena, something simply not feasible at Pittodrie Stadium, and discussions regarding this are ongoing. In summary, as a consequence of the above, the redevelopment of Pittodrie cannot be considered as an option for the future home of Aberdeen Football Club. The site at Loirston offers the only viable and deliverable option within the boundaries of the City of Aberdeen and the location has been chosen and approved by Aberdeen City Council. Pretty well explained, but I wonder why the bids for the highlighted areas was unsuccessful. Link to comment
MightyDons Posted October 6, 2011 Share Posted October 6, 2011 Pretty well explained, but I wonder why the bids for the highlighted areas was unsuccessful. Both were sold for housing to maximise the value of the land. This puts price out of our reach... Link to comment
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