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PCollinson1990 "Quote: PCollinson1990 "So only £600M for the stadium then, what about this mythical non depreciation you mentioned?'"
So, you don't think land and peoperty values increase?'"
Problem was the new stadium went way way over budget and cost far more than its probable (or real) value. ATEOTD it will only be worth what someone is willing to pay in terms of a structure plus the value of the land it sits on.
The land will no doubt have gone up in value due to development in and around the area and will continue to do so but the value of the stadium will probably remain fairly static or indeed decrease due to limited use of facility and the running & upkeep costs associated with such.
The simple reason the FA will be looking to offload is that they simply can not afford to pay for it.
Wembley for me lost all its tradition and feel when they demolished the twin towers, that for me was a sign the FA didn't give a knack about history and tradition when they sold out the sole of the place. So no wonder they are willing to sell it now.