"Wembley Stadium set to be SOLD by FA in astonishing £800m deal"

Brophs

The One and Only
Joined
Nov 28, 2006
Messages
50,452

The stadium cost, by today's rates, over £1bn.
 

Skills

Snitch
Joined
Jan 17, 2012
Messages
42,100
Think Spurs already have deals with some NFL clubs.
If there is a London franchise based in Wembley Stadium there won't be many/any other games coming to London. The market will already have been close to saturated, and the NFL will start to look at other waters for their freshest pit of cash (Germany?)
 

starman

Full Member
Joined
May 14, 2007
Messages
7,092
Location
Under a tree.
IIRC it cost around 750m to build. Plus all the development around the area taken place since must have increased land value massively. Seems on the low side.

Anyway wont it be classed as a listed building. Can they be sold to foreign owners?
 
Last edited:

ivaldo

Mediocre Horse Whisperer, s'up wid chew?
Joined
Nov 15, 2012
Messages
28,699
Don't Leyton Orient get a say in this?
 

Sylar

Full Member
Joined
May 15, 2007
Messages
40,491
Seems pretty low. Built for around 750m and all the work thats going into it.
The supposed structured deal for the sale would be 500m for stadium and 300m for club wembley.

Only thing I can think of is pricing to maintain it is too much for FA esp since it would take until 2054 for the to have paid off the stadium before they see any type of profit.

And yeah, BBC saying an offer has been made
Mail pretty much saying its done...
 

NinjaFletch

Full Member
Joined
Sep 30, 2009
Messages
19,818

stubie

Full Member
Joined
May 13, 2009
Messages
9,684
Location
UK
We should buy it and transport it up to Manchester piece by piece :D
 

Djemba-Djemba

Full Member
Joined
Dec 19, 2007
Messages
21,420
Location
Manchester
The national stadium should have been built in Birmingham.

That's if it needed to be built at all. England playing at different stadiums all round the country was much better anyway.

Would this mean semi finals of the FA Cup stop being played at Wembley?
 

El Zoido

Full Member
Joined
Jun 7, 2013
Messages
12,358
Location
UK
England playing at different stadiums all round the country was much better anyway.
I don’t agree, the national team should have a home and it should be in the capital. The whole nation should have better and more affordable transport to be able to attend though, but that’s another issue.

The new Wembley is a bit soulless though, it was overpriced and under delivered.
 

slyadams

Full Member
Joined
Sep 20, 2012
Messages
2,196
I think they should take the deal:

1) Having a national stadium is nothing more than ego and tradition, many other much more successful nations don't have one
2) How many coaches could they train and players could they produce for 800 million? I don't think its outlandish to suggest that this money, if invested properly, could result in tournament wins
3) Many people, once the true cost of Wembley came to light, were of the opinion we shouldn't have bothered and invested the money in the actual game, not bricks and mortar. It was only we were so deep into it we have no choice but to continue. We have the chance now to roll the clock back and for an inflation driven loss of say 100-200 million (its not my money or your money, who really cares)?

So as long as the FA get a clause in the contact to guarantee certain usage (cup finals, England games) for a good duration at a fixed cost, I'd take the deal and focus on the fecking game, not the fecking buildings.
 

SirAF

Ageist
Joined
Sep 28, 2003
Messages
37,630
Location
I think they should take the deal:

1) Having a national stadium is nothing more than ego and tradition, many other much more successful nations don't have one
2) How many coaches could they train and players could they produce for 800 million? I don't think its outlandish to suggest that this money, if invested properly, could result in tournament wins
3) Many people, once the true cost of Wembley came to light, were of the opinion we shouldn't have bothered and invested the money in the actual game, not bricks and mortar. It was only we were so deep into it we have no choice but to continue. We have the chance now to roll the clock back and for an inflation driven loss of say 100-200 million (its not my money or your money, who really cares)?

So as long as the FA get a clause in the contact to guarantee certain usage (cup finals, England games) for a good duration at a fixed cost, I'd take the deal and focus on the fecking game, not the fecking buildings.
Completely agreed.
 

Fr. Todd Unctious

New Member
Newbie
Joined
Jul 23, 2016
Messages
1,831
Location
Craggy Island Prison
Good deal for the FA I reckon. Will allow them to move smaller games (San Marino,Lithuania etc..) around England to the likes of Nottingham, Leeds, Birmingham etc... and play the bigger games at Wembley a la Germany who play their bigger games in Berlin and the rest of them all around Germany in the likes of Cologne, Nuremberg etc...
 
  • Like
Reactions: Mciahel Goodman

Sky1981

Fending off the urge
Joined
Apr 12, 2006
Messages
30,062
Location
Under the bright neon lights of sincity
Im no brit. But 800m for a landmark british owned pride of the nation stadium sold to foreigner, that big bowl in the heart of capital free to be used as the next owner like... not very good.

800m is alot for the fa but it's pittance in the grand scheme of england.
 

Nickys Butt

New Member
Newbie
Joined
Mar 1, 2018
Messages
68
The FA preparing for Brexit:lol:Don't worry you can fly over and use our Aviva Stadium, for a fair fee.
 

SteveJ

all-round nice guy, aka Uncle Joe Kardashian
Scout
Joined
Oct 22, 2010
Messages
62,851
Everything seems to be being sold off in this country, its' quite sad tbh.
That's because our leaders are corrupt. For example, you could sleep with the Prime Minister for 50k, and she'd throw in Boris for free.
 
Joined
Feb 12, 2018
Messages
19,796
That's because our leaders are corrupt. For example, you could sleep with the Prime Minister for 50k, and she'd throw in Boris for free.
It's true Steve lol I'm surprised the Queen hasn't been sold off yet.
 

Smores

Full Member
Joined
May 18, 2011
Messages
25,535
That's because our leaders are corrupt. For example, you could sleep with the Prime Minister for 50k, and she'd throw in Boris for free.
50k? I could do with some extra cash. Not sure I'd want to keep and feed Boris though
 

Steve79

New Member
Newbie
Joined
Feb 1, 2017
Messages
25
Location
Bradford
Im no brit. But 800m for a landmark british owned pride of the nation stadium sold to foreigner, that big bowl in the heart of capital free to be used as the next owner like... not very good.

800m is alot for the fa but it's pittance in the grand scheme of england.
English not British owned landmark despite I'm sure the Scots, Welsh & Irish all paying towards it.
 

Oggmonster

Full Member
Joined
May 18, 2010
Messages
4,932
Location
Manchester
A building that big in London for less £1b can’t see it myself.
It's not central London though and it's a bit limited what you can do with it so it's probably a fair value. It's not like buying The Gherkin or the Shard for example.

I can't see why it shouldn't happen there's loads of advantages and no real disadvantages. The stadium will still be there it's just someone else owns it, not particularly fussed what the FA own myself.