Date: 1st November 2011 at 8:08am
Written by:

Dean Court landlords Structadene have stated that they would consider selling the stadium to AFCB if the ‘right price’ was met.

AFC Bournemouth chairman Eddie Mitchell revealed on Monday that the Cherries had two bids to buy the stadium back from the landlords rejected.

The second offer was for £4.5million, £1million over the price the stadium was originally sold for in 2005 in a sale and leaseback deal.

The Cherries now pay around £300,000 a year in rent to the London based property company and Structadene appear content with the return that they are currently receiving from the football club.

A Structadene spokesperson told the Daily Echo

‘…Four-and-half million pounds might be fair in the club`s eyes, but if you walk into a shop and want to buy a suit that costs £100, £50 might seem fair. Unfortunately, the price is still £100.

“We don`t need to sell and there is no requirement for us to sell the property because we are very happy with the return we are getting on it…’

‘…Everything in life has a price, but it has to be the right price. If we were offered a price that would be acceptable to the shareholders then we would look at it…’


RednBlack Shack

Don’t forget to keep checking the RednBlack Shack for great online deals and help to raise money for the AFC Bournemouth Youth Team.

It’s easy to join Vital Bournemouth

Simply register with Vital Bournemouth and enjoy getting involved! (you can even win prizes just by having your say on the articles, polls and forums.)



 
Click for the forum