Newman Noggs
Well-Known Member
While Freightliner is understood to have expressed a willingness to relocate from Trafford Park to nearby St Helens, the company is seeking around £400m for the land, with United valuing it at between £40m and £50m. Ratcliffe has made it clear United are unwilling to accept the asking price set by Freightliner’s parent company, Brookfield, and initial discussions are believed to have reached an impasse.
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Manchester United’s ‘Wembley of the North’ stadium plan hits the buffers
Plans to build a 100,000-seat stadium next to Old Trafford are facing delays due to a stand-off over the price of land for the £4.2bn projectwww.theguardian.com
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Multi-million-pound chasm emerges over Manchester United’s land valuation - Place North West
The football club's plans for the £2bn project have been thrown in doubt due to a £350m difference in the valuation of a plot of railyard owned by Freightliner.www.placenorthwest.co.uk
I love the phrase "Ratcliffe has made it clear United are unwilling to accept the asking price" in an apparent reversal of the seller-buyer relationship. I think he means "Ratcliffe won't pay what the land is worth" or "united can't afford to buy it".