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Saturday 23rd November 2024 - kick-off 3pm

Scottish Premiership - St Mirren v Aberdeen

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Posted

I don't understand how the sale of Pittodrie will contribute anything, the debt is tied to the stadium therefore the sale of the stadium means the debt gets repaid first?

Posted

I don't understand how the sale of Pittodrie will contribute anything, the debt is tied to the stadium therefore the sale of the stadium means the debt gets repaid first?

 

Surely if thats the case then the sale of Pittodrie will contribute a lot to the club as it can only be a good thing that the level of debt is reduced. Is it not that the land that Pittodrie is situated on is worth significantly more than the land the new stadium will be built on, therefore making a substantial step to reducing the debt?

Posted

It's another step in the right direction. It will certainly be interesting to see what value we will get for Pittodrie. That valuation seems to ring a bell with the pre slump figure, when this proposal was mooted some 4 years ago.

Posted

i'll be stunned if its not an oil company

 

I don't think calling it the "BP/Shell/Exxon-Mobil/etc.. Arena" would be all that bad. 

Not sure about a green and yellow BP logo outside the stadium though.

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