The Debt.

[CAPSLOCK]

I don't know the Euxton area, but I'm told 50 million is very optimistic as there's plenty land up there?

Anyway, I'm certainly reassured by what has come out recently and I'll leave worrying about what might happen 'if he does that' and 'if he does the other' to folk who I wouldn't trust to look after any cash I might have set aside

[a1]

i heard he's got a Cray Workstation rigged up in his garage mining bitcoins.

our troubles are over !

[Always hopeful]

I don't know the Euxton area, but I'm told 50 million is very optimistic as there's plenty land up there?

Anyway, I'm certainly reassured by what has come out recently and I'll leave worrying about what might happen 'if he does that' and 'if he does the other' to folk who I wouldn't trust to look after any cash I might have set aside

I was born and raised in Euxton, although I moved away a long time ago. (For those of you that don't know), the Euxton training ground was the old R.O.F. Sports and Social club's grounds. The R.O.F. shut down years ago, leaving about 400 acres of land available for development. Lots of this 'brown field' development land has already been sold and utilised. I really, really struggle to believe that the land that the training's ground's occupying is worth £50 million. If so, then why is the owner of the golf driving range that's next door keeping hold of his land rather than flogging it off for a fortune?

Of course there'll undoubtedly be planning restrictions of some sort for the old R.O.F.

I really can't see the training ground being worth £50 million.

[Bruce Rioja]

^ When I was younger we used to look forward to playing ROF away. Absolutely superb pitches then, obviously even better now, but I fail to see what marks them out as such valuable building land. When I was looking to move house a few years ago I was inundated from developers on that Buckfast Village who seemed to all have huge over-supply problems. Is that still the case or might they actually be looking for more land?

Also, at that time, Euxton was a village. It was away at Euxton where I sprung my collar bone, you dirty bastards.

[boltonboris]

I don't know the Euxton area, but I'm told 50 million is very optimistic as there's plenty land up there?

Anyway, I'm certainly reassured by what has come out recently and I'll leave worrying about what might happen 'if he does that' and 'if he does the other' to folk who I wouldn't trust to look after any cash I might have set aside

Club reckon it can raise between £50-£70m

[Lord Kangana]

Beginning to sound like the wildly optimistic valuation of Burnden.

How much space does it cover, and realistically how many houses could you build on it? That'll answer how much its worth more effectively.

[CAPSLOCK]

Beginning to sound like the wildly optimistic valuation of Burnden.

How much space does it cover, and realistically how many houses could you build on it? That'll answer how much its worth more effectively.

It won't really

It's all about availability and I'm told there's plenty, but I honestly don't know

What is clear is that many assets on the balance sheet have been greatly downgraded for this year - hence accounting for some of the losses - so I'd be surprised if the land was deliberately over valued and surely the auditors would require 'real' valuations

As for the comparison with Burnden, I suppose it depends on whether 2Jags gets involved

[Always hopeful]

Beginning to sound like the wildly optimistic valuation of Burnden.

How much space does it cover, and realistically how many houses could you build on it? That'll answer how much its worth more effectively.

It won't really

It's all about availability and I'm told there's plenty, but I honestly don't know

What is clear is that many assets on the balance sheet have been greatly downgraded for this year - hence accounting for some of the losses - so I'd be surprised if the land was deliberately over valued and surely the auditors would require 'real' valuations

As for the comparison with Burnden, I suppose it depends on whether 2Jags gets involved

These are the co-ordinates for the training ground 53.671004,-2.652898 . Copy these into google maps and have a look at the satellite view. This'll give you and idea of the size of the plot.

[boltonboris]

I'm not even sure it's for housing.. They may have bigger ideas for it

[Relentless09]

Bit confused here, is someone saying we are potentially selling the training facilities and its surrounding land ?

[Lord Kangana]

I'm not even sure it's for housing.. They may have bigger ideas for it

Is there anything that would garner more money than housing though? Given that its not a city centre location, I'm not sure who or what would be interested? New large shopping development? Is there enough remaining demand for such a thing?

[boltonboris]

Business park? Couple of big feck off companies buying call centres? I don't know..

[jaffka]

I thought the call centres were all in India now

[Dave Sutton's barnet]

Private housing stock tends to get more per acre than pretty much anything else bar goldmines

[thebish]

has anyone checked if there is gold underground before we sell it? might be worth a look...

[jaffka]

If you go deep enough and wide enough there will be eventually.

[Abdoulaye's Twin]

Maybe they reckon it's a good fracking site or summat? That seems to be the big in thing with money making at the moment.

[Lord Kangana]

You could sell it for both fracking and housing simultaneously. Just thought I'd point that out.

[thebish]

You could sell it for both fracking and housing simultaneously. Just thought I'd point that out.

the notorious frack dens of Euxton...

[Lord Kangana]

Full of frack whores I hear.