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  1. #1
    Join Date
    Jun 2013
    Posts
    5,483
    Quote Originally Posted by BP33 View Post
    Dens could never be made into a modern football stadium, that could generate money from other sources apart from football.
    I think you might be right. In the beginning the idea was a Crematorium with funeral teas being supplied in the hospitality facility linked to the stadium. Don't think that model will work, but I may be wrong.
    Interesting to look at the figures provided by Geoff Brown to explain his issues when trying to sell McDairmid. Ground close to the A9 was sold for £1m per acre. McDairmid has 22 acres. How do you value St J. Break it up and redevelop as housing etc gives one end of the scale based on change of use. Keep it as a football ground might give the other, lower end of the scale for a value.
    Just thinking that maybe a new football stadium isn't an obvious route to financial stability.

  2. #2
    Join Date
    Jan 2014
    Posts
    7,719
    Quote Originally Posted by BCram View Post
    I think you might be right. In the beginning the idea was a Crematorium with funeral teas being supplied in the hospitality facility linked to the stadium. Don't think that model will work, but I may be wrong.
    Interesting to look at the figures provided by Geoff Brown to explain his issues when trying to sell McDairmid. Ground close to the A9 was sold for £1m per acre. McDairmid has 22 acres. How do you value St J. Break it up and redevelop as housing etc gives one end of the scale based on change of use. Keep it as a football ground might give the other, lower end of the scale for a value.
    Just thinking that maybe a new football stadium isn't an obvious route to financial stability.
    St Johnstone were very fortunate that a retired farmer Bruce McDiarmid who had made a fortune selling land for the Western by pass of Perth donated the land for McDiarmid Park free of charge providing the stadium was called McDiarmid Park.

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