If you are making up a random number, why not go lower?
Yes that valuation is just my opinion of the top end value and certainly not what the opening offer would be if I was negotiating.
There are suggestions on Twitter that Peter Swann is open to a rental agreement with people other than David Hilton. That doesn’t necessarily mean it’s true of course but if it is then it suggests Peter Swann has not got a queue of buyers for the land banging at his door.
The real valuation is fairly hard to work out.
Without planning consent the land only has any real value to SUFC as a going concern which probably puts the value at £1m or less.
On the other side of the coin if the club is saved as a going concern Glanford Park is the only venue where the club can accommodate the 3k plus attendances it needs to thrive. Hence the seller probably thinks he can squeeze more than £1m.
Throw into the mix how likely is the council to grant planning consent resulting in the demolition of the towns football stadium? Coupled with the popularity level nationally of the Tories right now that would leave Rob Waltham with a worrying day next time the local elections come around.
