Etihad Campus, Stadium and Collar Site Development Thread

[bluesoup]

Re: Etihad Campus, Stadium Development and Collar Site (cont

Our owners are known for property development and investments across the world. This is just another project for their portfolio and it ties in nicely with mcfc strategies.

 

[mrtwiceaseason]

Re: Etihad Campus, Stadium Development and Collar Site (cont

notice the houses are rental .could the income from these some how count in citys turnover ?

 

[Silva Citizen]

Re: Etihad Campus, Stadium Development and Collar Site (cont

Our owners are known for property development and investments across the world. This is just another project for their portfolio and it ties in nicely with mcfc strategies.

If I understand correctly, the costs do not count against FFP but any profits will count towards Citys breakeven / profit.
Is this correct ?

 

[S04]

Re: Etihad Campus, Stadium Development and Collar Site (cont

notice the houses are rental .could the income from these some how count in citys turnover ?

No, because City will not own them...

 

[bluesoup]

Re: Etihad Campus, Stadium Development and Collar Site (cont

Our owners are known for property development and investments across the world. This is just another project for their portfolio and it ties in nicely with mcfc strategies.

If I understand correctly, the costs do not count against FFP but any profits will count towards Citys breakeven / profit.
Is this correct ?

Think this is more of a commercial deal than a city earner.

 

[john@staustell]

Re: Etihad Campus, Stadium Development and Collar Site (cont

Our owners are known for property development and investments across the world. This is just another project for their portfolio and it ties in nicely with mcfc strategies.

If I understand correctly, the costs do not count against FFP but any profits will count towards Citys breakeven / profit.
Is this correct ?

Who knows? On the face of it, it looks like a separate investment to City, but would be good if it is the club.

 

[richards30]

Re: Etihad Campus, Stadium Development and Collar Site (cont

fair dues to the owner for wanting his own business interests expanded as well!

 

[mrtwiceaseason]

Re: Etihad Campus, Stadium Development and Collar Site (cont

notice the houses are rental .could the income from these some how count in citys turnover ?

 

[George Hannah]

Re: Etihad Campus, Stadium Development and Collar Site (cont

We made first item on the 8am BBC NW news!

More than 800 new homes are to be built in Manchester as part of the "biggest residential investment for a generation", the city council says,

The authority is working with the owners of Manchester City Football Club to regenerate the Ancoats and New Islington areas near the stadium.
The club is already planning to increase capacity of the Etihad Stadium from 47,670 to 62,170.
The new phased development will take place over the next 10 years.

A spokesman for the Manchester Life Development Company, a joint venture between the council and Abu Dhabi United Group - said work on the first phase would begin in 2015 and includes 830 new homes.
Other recent investment in the area includes a Metrolink extension, new healthcare facilities, a primary school due to open in New Islington in September 2015 and the remodelling of Central Retail Park on Great Ancoats Street.

Sir Richard Leese, leader of Manchester City Council, said: "The planned transformation of the eastern edge of the city centre is the single biggest residential investment Manchester has seen for a generation."

<a class="postlink" href="http://www.bbc.co.uk/news/uk-england-manchester-27986906" onclick="window.open(this.href);return false;">http://www.bbc.co.uk/news/uk-england-ma ... r-27986906</a>

 

[pfazz]

Re: Etihad Campus, Stadium Development and Collar Site (cont

Mcfc ruining housing since 2014.