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Post by durbanscircus on Apr 21, 2023 16:19:47 GMT
Looks like this deal may have been in the making for some time. The Wheels site which is where the proposed new stadium will be - passed back into council ownership about two years ago. It is one of the most heavily contaminated sites in the city, but it looks like the council has the funding lined up from central Government. so if the council gift the cleaned Wheels land to the new consortium in lieu of a cleared site they can use for social and affordable housing on the St Andrews site- everyone is a winner. It just needs to be done in stages to make it all work
The site is huge and fairly close to the HS2 terminus its possibly big enough to have hotels and other leisure uses on it as well as a 40,000 seater stadium- which Blues could fill given a fair wind- got all te makings of a very good regeneration project
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Post by Kenilworth_Stokies on Apr 21, 2023 16:31:35 GMT
I'd be massively nervous if we were bought out by a Hedge Fund. They could just be chancers looking to pick up distressed stock, make a load of layoffs and then sell on for a quick profit. Or just looking to pick up a loss making business to hide losses from other portfolio items for tax reasons. SISU at Cov spring to mind.
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Post by durbanscircus on Apr 21, 2023 16:38:06 GMT
I'd be massively nervous if we were bought out by a Hedge Fund. They could just be chancers looking to pick up distressed stock, make a load of layoffs and then sell on for a quick profit. Or just looking to pick up a loss making business to hide losses from other portfolio items for tax reasons. SISU at Cov spring to mind. I agree- but with this there is a potential to be part of a ten year investment programme as well as adjacent opportunities in Digbeth and around the new rail terminal- SISU never had that on a plate. They may not have the Blues interests at heart but when they dispose of it at the end of the process it may be a much more viable club....Then again blues have never been known as a lucky club
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Post by smiler_andy on Apr 9, 2024 15:41:25 GMT
Been talk for a while of a new stadium on Wheels site. Now they have finally bought the land.
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Post by maninasuitcase on Apr 9, 2024 16:23:13 GMT
If it means i dont have to walk past that fucking McDonald's on that poxy roundabout then im glad they are moving.
That part of Birmingham is a cesspit
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Post by rickyfullerbeer on Apr 9, 2024 16:55:29 GMT
They want to build a 60,000 capacity stadium 😂
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Post by Marc01 on Apr 9, 2024 17:04:29 GMT
They want to build a 60,000 capacity stadium 😂 Only seen a minute of the video but just guessing that it will not be a 100% intended as being for BCFC…with a multi purpose venue, including potentially a view to competing with Spurs for American Football… noting the nationality of the owners.
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Post by nonameface on Apr 9, 2024 17:04:47 GMT
They want to build a 60,000 capacity stadium 😂 Sounds like that's a long way down the line, ultimately fair play to them for considering it all. Feels a little premature to be releasing this with a huge relegation fight on their hands.
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Post by a on Apr 9, 2024 17:13:29 GMT
Been talk for a while of a new stadium on Wheels site. Now they have finally bought the land. Someone might wheel it away though!
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Post by terrorofturfmoor on Apr 9, 2024 17:15:58 GMT
Been talk for a while of a new stadium on Wheels site. Now they have finally bought the land. Jesus, if the scoucers ever play there, it'll end up on bricks!!!
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Post by jesusmcmuffin on Apr 9, 2024 17:33:33 GMT
When Carson Yeung took over they had fans calling themselves the new Man City and ralking CL in 4 years
Always dubious of the promises of new owners who automatically expect to invest money and see PL football in no time. When it doesn't happen they lose interest.
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Post by banksy1art on Apr 9, 2024 17:40:00 GMT
Be funny if they went down
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Post by smiler_andy on Apr 9, 2024 17:42:38 GMT
They want to build a 60,000 capacity stadium 😂 Sounds like that's a long way down the line, ultimately fair play to them for considering it all. Feels a little premature to be releasing this with a huge relegation fight on their hands. Sacking Eustace and bringing in Rooney was a massive mistake. I think the difference with the new owners is they have the money and know how to complete a project this size. It is a long term project if prospect of new stadium was not included I don't think they would have bought the club. I think previous owners saw the potential and for what ever reasons it never happened. Birmingham owner Tom Wagner says relegation would not prevent new 60,000-seater stadium being pursued
Birmingham Owners - Knighthead Capital
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Post by durbanscircus on Apr 9, 2024 18:13:26 GMT
This is first and foremost a massive property development venture which happens to have a football club at the heart of it. They have now secured 60 acres of land adjacent to Digbeth with all of its new development and within a twenty minute walk of the new HS2 terminal. I would expect to see new offices, hotels , bars and flats there as well as the stadium. The trick is to get the transport and pedestrian links into what has been an area cut off from the city centre since they built the ring road down by the McDonalds
The St Andrews ground will release more land and I would think that will go for affordable housing and social housing in the hope that it kick starts the wider regeneration of Small Heath.
so there are billions of £ of investment sitting behind this - a bit like East Manchester and City. I cant see any reason why this wont happen over a fifteen year period, and it will take the Blues literally into a different league. I am old enough to recall Blues pulling 50,000 crowds in the 1970s and being the 4th best supported club in England. dont underestimate what they can achieve if the offer is right in South Birmingham
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Post by citynickscfc on Apr 9, 2024 18:24:53 GMT
This is first and foremost a massive property development venture which happens to have a football club at the heart of it. They have now secured 60 acres of land adjacent to Digbeth with all of its new development and within a twenty minute walk of the new HS2 terminal. I would expect to see new offices, hotels , bars and flats there as well as the stadium. The trick is to get the transport and pedestrian links into what has been an area cut off from the city centre since they built the ring road down by the McDonalds The St Andrews ground will release more land and I would think that will go for affordable housing and social housing in the hope that it kick starts the wider regeneration of Small Heath. so there are billions of £ of investment sitting behind this - a bit like East Manchester and City. I cant see any reason why this wont happen over a fifteen year period, and it will take the Blues literally into a different league. I am old enough to recall Blues pulling 50,000 crowds in the 1970s and being the 4th best supported club in England. dont underestimate what they can achieve if the offer is right in South Birmingham The economic climate might have something to say about that. Geo politics aren't exactly in the yanks or Brits favour either.
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Post by durbanscircus on Apr 9, 2024 18:40:17 GMT
This is first and foremost a massive property development venture which happens to have a football club at the heart of it. They have now secured 60 acres of land adjacent to Digbeth with all of its new development and within a twenty minute walk of the new HS2 terminal. I would expect to see new offices, hotels , bars and flats there as well as the stadium. The trick is to get the transport and pedestrian links into what has been an area cut off from the city centre since they built the ring road down by the McDonalds The St Andrews ground will release more land and I would think that will go for affordable housing and social housing in the hope that it kick starts the wider regeneration of Small Heath. so there are billions of £ of investment sitting behind this - a bit like East Manchester and City. I cant see any reason why this wont happen over a fifteen year period, and it will take the Blues literally into a different league. I am old enough to recall Blues pulling 50,000 crowds in the 1970s and being the 4th best supported club in England. dont underestimate what they can achieve if the offer is right in South Birmingham The economic climate might have something to say about that. Geo politics aren't exactly in the yanks or Brits favour either. The economy of course will regulate the scale and timing, type of development, it has done so through out my life. I suppose the reason why I would have some confidence this will happen is 1. Birmingham knows how to do development well ( other things like services are a different matter).2. Central Government and the Combined Authority will also make it a priority for public investment because of the commitment to making HS2 work. 3. That should mean that it has access to counter cyclical investment if the private sector enters a periodic recession. And, 4. My guess is that the big cities will be at the top of the hierarchy for urban investment over the next two decades as they have younger populations, pockets of wealth and concentrations of universities and research capacity, along with a consumer offer which has been four decades in the making. smaller cities like Stoke on the other hand with none of these historic assets or advantages may be the first to suffer (even more) if we go to a permanent low growth scenario
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