I think when the original new Swann stadium was talked about the cost was quoted as £18m and was expected to be covered by the sale of the Glanford Park land as a brownfield site to extend the retail park so the circa £20m was possibly spoken of at that time.
Yes, this was where I got that number from. I remember reading it on Hullberside website. Whether it’s worth that now if sold on I’m obviously not sure.
The real value was more in the land than the actual ground it’s self.
Put it this way, it will be worth more than 12 million pound Swann recklessly spent. If the unthinkable happened, we went bust and he cashed our assets in to sell on for some chain to build on, he’s get that back and then some.
