Asset Strip!
The news that the bidding process for the club owned land on and around Strawberry Place that is currently utilized as the Metro carpark is entering the next phase, brings home how ill thought out commercial decisions can jeapordise all future potential growth of the football club.
As NUST state, these plans to sell the land for development puts a cap on the capability of future owners of the club to develop the club further.
“None of this looks like being part of a strategy to have a growing, sustainable football club that is doing everything it can to increase its own income and thus its sporting competitiveness.
“It looks very much like part of a plan to asset strip NUFC and make short-term decisions that are in the interests of the owner, rather than the long-term future of the club.”
As a football club we should be looking at past mistakes made in the name of commercial expediency and for that you need to look no further than Chelsea and Stamford Bridge. The Chelsea Hotel complex has completely stymied any possibility for Chelsea increasing their capacity at the Bridge. We should not allow the club to sleepwalk into a similar situation. Enough is enough Mr Ashley; stop asset stripping and if you have no plans to build this club then sell it as a full package, not as pieces at a car boot sale.
The news that the bidding process for the club owned land on and around Strawberry Place that is currently utilized as the Metro carpark is entering the next phase, brings home how ill thought out commercial decisions can jeapordise all future potential growth of the football club.
As NUST state, these plans to sell the land for development puts a cap on the capability of future owners of the club to develop the club further.
“None of this looks like being part of a strategy to have a growing, sustainable football club that is doing everything it can to increase its own income and thus its sporting competitiveness.
“It looks very much like part of a plan to asset strip NUFC and make short-term decisions that are in the interests of the owner, rather than the long-term future of the club.”
As a football club we should be looking at past mistakes made in the name of commercial expediency and for that you need to look no further than Chelsea and Stamford Bridge. The Chelsea Hotel complex has completely stymied any possibility for Chelsea increasing their capacity at the Bridge. We should not allow the club to sleepwalk into a similar situation. Enough is enough Mr Ashley; stop asset stripping and if you have no plans to build this club then sell it as a full package, not as pieces at a car boot sale.
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