The club has been kept afloat since Nimer arrived by EFL central payments, and sell on money for Gomez & Fosu. That money has now all gone. £800,000 was paid to Championship clubs this month. Let’s see if that covers the wage bill next week.
It seems all anybody wants to do is sell the Valley to developers. I think Roland would like to do that as well, but he doesn't want to do it blatantly. He wants to be able to claim it's somebody else's fault.
Yeah and i don't get it at all. Surely buying land by the Thames on the Greenwich peninsula & building a stadium will be more expensive than the sale price for some flats in Charlton?
He's wanted to do this for a long time mate, he thought he found mugs willing to separate the club and land.
Not sure. A cheap flat-pack stadium will probably cost £30 million all in? Probably less, maybe as little as £20 million. It would doubtless be a nasty piece of sh*t that wouldn't last 20 years. Developers could build 500 apartments on the Valley site and sell every one for £500,000. That's £250 million eventually. so even if the developers had to pay £40 million for the Valley they would make about 6 times that after a few years of building.
There was absolutely no prospect of Nimer developing us a new ground. Only this week the rumours resurfaced about us going back to Selhurst. It looks increasingly probable that ESI have come in, emptied the little that was in the piggy bank on lavish lifestyles, and now want out again. Will they leave any debts behind? Is Bowyer’s new contract valid? The January transfer window was a massive warning sign of what ESI were really all about.
Whoever the current owner of the Greenwich peninsula land could just build more flats on it than sell it for a football stadium no? I find it all odd, but then if so many perspective owners want to do it, there must be money to be made.
I have zero doubt that Southall took all the money, but I would be curious to see what auditors would say about the whole situation.
