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Staying at/moving from the Valley. What's the business case?

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  • Out of interest, based on RD's valuation of (I think) £45-50m, does anyone know if there's ever been a split between SL and The Valley?
  • edited June 22
    bobmunro said:
    Out of interest, based on RD's valuation of (I think) £45-50m, does anyone know if there's ever been a split between SL and The Valley?
    The rent for Sparrows Lane is about 20% of the total, so it’s reasonable to think the freehold assessments are in the same proportion, I assume.
  • bobmunro said:
    Out of interest, based on RD's valuation of (I think) £45-50m, does anyone know if there's ever been a split between SL and The Valley?
    I imagine Roland believes it to be a 50:50 split.

    That's £50m for The Valley and £50m for Sparrows Lane. 
  • bobmunro said:
    Out of interest, based on RD's valuation of (I think) £45-50m, does anyone know if there's ever been a split between SL and The Valley?
    The rent for Sparrows Lane is about 20% of the total, so it’s reasonable to think the freehold assessments are in the same proportion, I assume.

    Thanks, Rick - so in proportion a £45m price tag could approximate to £9m for SL and £36m for The Valley. With a more realistic value for the pair of £25m, it would be a £5m/£20m split. I know which one I would buy if I could only afford one.

    It also seems strange to me that The Valley footprint would be worth four times that of SL. I know Sparrows Lane is designated Metropolitan Open Land (effectively Green Belt) but with the need for housing and the likely relaxation of planning laws, with SL being so much bigger than The Valley I would have thought it would be more valuable to developers.

    One caveat to the above - I aint no property development expert!
  • Leuth said:
    Nobody has answered my question. C'mon, why does a modern EPL stadium have to be a plastic Yank bowl? 
    That’s like asking why does every car look the same these days. It’s because stadium design up to a certain point is driven by optimum seating, views, exits, facilities, safety and cost. Put those criteria into a computer and just like with cars there are going to be striking similarities. 
    Let's find an architect to design a modern day Dell and hear all the complaints about facilities and sightlines.
  • I’m guessing that should the dugout seating and arrangements not be addressed that there will be complaints by any number of next seasons visiting teams
    Just need to rip out the first three rows of stand directly behind dugouts
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  • jose said:
    Back in the day people would sell their small shops at a price, and the price often included the added attraction of ‘goodwill’.
    It is the goodwill factor attached to the Valley that would be part of a business case.
    Goodwill is still very much a thing but normally associated to the product or services the company in question provides. I have never known goodwill be attached to an asset in this case the ground 
  • bobmunro said:
    bobmunro said:
    Out of interest, based on RD's valuation of (I think) £45-50m, does anyone know if there's ever been a split between SL and The Valley?
    The rent for Sparrows Lane is about 20% of the total, so it’s reasonable to think the freehold assessments are in the same proportion, I assume.

    Thanks, Rick - so in proportion a £45m price tag could approximate to £9m for SL and £36m for The Valley. With a more realistic value for the pair of £25m, it would be a £5m/£20m split. I know which one I would buy if I could only afford one.

    It also seems strange to me that The Valley footprint would be worth four times that of SL. I know Sparrows Lane is designated Metropolitan Open Land (effectively Green Belt) but with the need for housing and the likely relaxation of planning laws, with SL being so much bigger than The Valley I would have thought it would be more valuable to developers.

    One caveat to the above - I aint no property development expert!
    MOL is heavily protected.  Sparrows Lane isn't brownfield land either, as the vast majority is open space.
  • bobmunro said:
    Out of interest, based on RD's valuation of (I think) £45-50m, does anyone know if there's ever been a split between SL and The Valley?
    I often think about this. New training grounds are very expensive but would people be happy if the owners bought The Valley and left SL? 
  • bobmunro said:
    bobmunro said:
    Out of interest, based on RD's valuation of (I think) £45-50m, does anyone know if there's ever been a split between SL and The Valley?
    The rent for Sparrows Lane is about 20% of the total, so it’s reasonable to think the freehold assessments are in the same proportion, I assume.

    Thanks, Rick - so in proportion a £45m price tag could approximate to £9m for SL and £36m for The Valley. With a more realistic value for the pair of £25m, it would be a £5m/£20m split. I know which one I would buy if I could only afford one.

    It also seems strange to me that The Valley footprint would be worth four times that of SL. I know Sparrows Lane is designated Metropolitan Open Land (effectively Green Belt) but with the need for housing and the likely relaxation of planning laws, with SL being so much bigger than The Valley I would have thought it would be more valuable to developers.

    One caveat to the above - I aint no property development expert!
    MOL is heavily protected.  Sparrows Lane isn't brownfield land either, as the vast majority is open space.
    They built on the old GAA ground in Avery Hill Rd, it did take many years, but it finally happened.
  • edited June 22
    DOUCHER said:
    Let’s face it - RD has us over a barrel here and I think the above discussion only reinforces that - makes no sense in any way to leave the valley - extending the lease or negotiating a sale is the only way - leave the valley - which none of us want - and he will be able to sell the land for development so we have very few bargaining chips from what I can see 
    That’s assuming Greenwich Council grant planning permission.
    That’s not a given by any means.
    Personally, given his age, I think we need to know what his son is likely to do.
    I have no idea what his leanings regarding The Adddicks future is likely to be but he may well become a significant figure in the end game.
  • DOUCHER said:
    Let’s face it - RD has us over a barrel here and I think the above discussion only reinforces that - makes no sense in any way to leave the valley - extending the lease or negotiating a sale is the only way - leave the valley - which none of us want - and he will be able to sell the land for development so we have very few bargaining chips from what I can see 
    That’s assuming Greenwich Council grant planning permission.
    That’s not a given by any means.
    No its not but its not a given that they wouldn't either - if we moved out and built a new ground (which isn't going to happen) then i'd say they probably would - what else would the ground be used for? Duchatalet will know this as will the club so us threatening to move out isn't really an ace up our sleeve - we just have to hope he wants to agree something reasonable, which again, is far from a given.
  • DOUCHER said:
    Let’s face it - RD has us over a barrel here and I think the above discussion only reinforces that - makes no sense in any way to leave the valley - extending the lease or negotiating a sale is the only way - leave the valley - which none of us want - and he will be able to sell the land for development so we have very few bargaining chips from what I can see 
    That’s assuming Greenwich Council grant planning permission.
    That’s not a given by any means.
    he would then sell the Valley for less than he currently asking for.
    As I have pointed out before a similar sight The Archbishop Tenison`s school sight in Kennington  which is 1.2 acres of mixed freehold and lease hold was sold for £7.87 million. So how many acres does the valley cover.
  • edited June 22
    DOUCHER said:
    Let’s face it - RD has us over a barrel here and I think the above discussion only reinforces that - makes no sense in any way to leave the valley - extending the lease or negotiating a sale is the only way - leave the valley - which none of us want - and he will be able to sell the land for development so we have very few bargaining chips from what I can see 
    That’s assuming Greenwich Council grant planning permission.
    That’s not a given by any means.
    Personally, given his age, I think we need to know what his son is likely to do.
    I have no idea what his leanings regarding The Adddicks future is likely to be but he may well become a significant figure in the end game.
    Has CAST ever had any conversations with Roderick?
  • It'll be cheaper to pay Dushitelet than moving.
    Just say a new stadium with say a 40k capacity would cost 200m, are we better off just paying the 50m he wants for The Valley and training ground? Of course The Valley doesn't have much room for possible expansion.
    The plans we had permission for would’ve raised the capacity to 40,000.
  • Croydon said:

    No new ground would ever look as good as this. A proper stadium in the heart of the community. Hidden amongst the terrace houses and tower blocks. 


    It’s not that bloody hidden! 
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  • edited June 22
    Championship chief refuses to rule out moving from historic stadium owned by much-maligned former owner | talkSPORT

    Having fought so hard to get back to the Valley I really hope this doesn't have legs.
    Rodwell went on Talksport to put himself out there to the wide world

    After his colleagues Scott and Methven have been given the push since the start of the year, in my opinion this give old Jim the opportunity to say hello 

    Unbeknown to him the questions got a bit more interesting than he probably expected and he has opened a can of worms with the question of possibly leaving the Valley. 

    Fingers crossed this new CEO and theowners plus our non executive Chair since last November of course are one step ahead from Rodwell and are better at cards games than him 


  • msomerton said:
    DOUCHER said:
    Let’s face it - RD has us over a barrel here and I think the above discussion only reinforces that - makes no sense in any way to leave the valley - extending the lease or negotiating a sale is the only way - leave the valley - which none of us want - and he will be able to sell the land for development so we have very few bargaining chips from what I can see 
    That’s assuming Greenwich Council grant planning permission.
    That’s not a given by any means.
    he would then sell the Valley for less than he currently asking for.
    As I have pointed out before a similar sight The Archbishop Tenison`s school sight in Kennington  which is 1.2 acres of mixed freehold and lease hold was sold for £7.87 million. So how many acres does the valley cover.
    maybe 4? the land most likely wouldn't be as valuable as in kennington but also would only have 1 owner and no tenants so ??
  • DOUCHER said:
    The Jimmy seed stand options are currently being looked at by the club - I can’t see us needing more than a 40k stadium in my lifetime 
    Do you have any insight you can share as to the extent of the options?, increase in capacity, reconfiguration, timescale etc?
  • edited June 22
    DOUCHER said:
    The Jimmy seed stand options are currently being looked at by the club - I can’t see us needing more than a 40k stadium in my lifetime 
    Do you have any insight you can share as to the extent of the options?, increase in capacity, reconfiguration, timescale etc?
    no, i just know that the club have been meeting with consultants about it very recently and there are options  
  • DOUCHER said:
    DOUCHER said:
    The Jimmy seed stand options are currently being looked at by the club - I can’t see us needing more than a 40k stadium in my lifetime 
    Do you have any insight you can share as to the extent of the options?, increase in capacity, reconfiguration, timescale etc?
    no, i just know that the club have been meeting with consultants about it very recently and there are options  
    Cheers Doucher
  • DOUCHER said:
    DOUCHER said:
    The Jimmy seed stand options are currently being looked at by the club - I can’t see us needing more than a 40k stadium in my lifetime 
    Do you have any insight you can share as to the extent of the options?, increase in capacity, reconfiguration, timescale etc?
    no, i just know that the club have been meeting with consultants about it very recently and there are options  
    Do nothing is always an option. 
  • DOUCHER said:
    DOUCHER said:
    The Jimmy seed stand options are currently being looked at by the club - I can’t see us needing more than a 40k stadium in my lifetime 
    Do you have any insight you can share as to the extent of the options?, increase in capacity, reconfiguration, timescale etc?
    no, i just know that the club have been meeting with consultants about it very recently and there are options  
    Do nothing is always an option. 
    not when you've got a sign that's hanging off 
  • edited June 22
    DOUCHER said:
    DOUCHER said:
    Let’s face it - RD has us over a barrel here and I think the above discussion only reinforces that - makes no sense in any way to leave the valley - extending the lease or negotiating a sale is the only way - leave the valley - which none of us want - and he will be able to sell the land for development so we have very few bargaining chips from what I can see 
    That’s assuming Greenwich Council grant planning permission.
    That’s not a given by any means.
    No its not but its not a given that they wouldn't either - if we moved out and built a new ground (which isn't going to happen) then i'd say they probably would - what else would the ground be used for? Duchatalet will know this as will the club so us threatening to move out isn't really an ace up our sleeve - we just have to hope he wants to agree something reasonable, which again, is far from a given.
    Dushitelet has us by the b*******.


    I am sure he's not concerned in the slightest should we not sign a new lease.
  • Leuth said:
    sam3110 said:
    The Valley isn't a "ready-made premier league ground" anymore. 

    Look at The Amex, Tottenham Hotspur Stadium, Hill Dickinson Stadium, the Etihad. 

    Old Trafford is considered not fit for purpose anymore, Newcastle are seriously considering moving away from St. James Park.

    Yes we have a huge affinity with the exact patch of land we currently play on. But times move on, and if in 10 years time we're suddenly an established Premier League side and The Valley can't cater to our needs, we'd be silly to not look at our options.

    All pie in the sky of course
    What makes a ground fit for EPL purpose? Loads of plasticy bits everywhere? Popcorn cart at every stand entrance? Nonsense platitudes stencilled onto all the walls? 
    Nowadays? Executive boxes and suites, mostly 
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