As for the worth of Dayler - it was worth 65M at the time of the deal - at the moment it would still be worth over 40M & I'd expect that value to bounce back up to 50M quite soon after the property market stabilises.
As for that - the property market has just been through a 6-months of nothing - basically no sales, but it is now coming out the other end - sales have just resumed (in the last 3 weeks!) at both ends of the scale - ie I know of a <3M house closing and numerous >500k closing in the past weeks (none of which were moving 3 months ago). There will be another 3-4 weeks of quiet movement before Xmas & sales should resume reasonably in late Feb. (Ive been through a few of these property booms & busts & they all follow a fairly predictable pattern). Expect prices to increase in 2009 by 4%+ (could be up to 6% I think)
54,321 sold - wws will never die - ***
---
New blog if anyone's interested - http://loihistory.wordpress.com/
LOI section on balls.ie - http://balls.ie/league-of-ireland/
Without planning permission Dalymount is not worth a fraction of those numbers. Carroll was speculating that site would be rezoned in 2011.
I am still waiting for the soft landing but those numbers far too optimistic. Unemployment is increasing quickly so hard to see house prices rising while that continues & over supply not cleared.
Off topic - Wait for the massacre of people in retail and service industry after Christmas and then we'll start talking about recovery.
On Topic - Dalymount without the Connaught Street access and with the economic downturn is worth an enormous amount less than what it was when the deal was done with Carroll.
While this is very off topic (and I'm sorry for that) is there any chance Dalyer could be redeveloped in its current state. An all seater 7/8k stadium?
Here they come! It’s the charge of the “Thanks” Brigade!
54,321 sold - wws will never die - ***
---
New blog if anyone's interested - http://loihistory.wordpress.com/
LOI section on balls.ie - http://balls.ie/league-of-ireland/
You may remember that wheeze was tried a few years back and met with near-total opposition (though it was a neat dummy in advance of the real deal to sell Dalymount). Even in the wake of the court case, why Bohs should see themselves as equals to them in property terms is anyone's guess.
As a southside team, it would make much more sense to have them share Tallaght.
Last edited by BohDiddley; 10/11/2008 at 3:53 PM. Reason: t
Thaniks for the replies men. I've always liked Dalymount, and while I completely understand why Bohs were/are keen to cash in on Dalyer, I always thought it to be perfect for a small scale fully seated stadium. A good LoI stadium I suppose. I know you're probably pulling the p!ss Pete, but the more decent stadiums in the league the better I would have thought.
Again completely O.T
Here they come! It’s the charge of the “Thanks” Brigade!
54,321 sold - wws will never die - ***
---
New blog if anyone's interested - http://loihistory.wordpress.com/
LOI section on balls.ie - http://balls.ie/league-of-ireland/
The original deal for the ground was worth €58.5 Million
This involved €25 million stadium in Harristown
The balance in cash, paid in stages over the initial 5 years and the rest upon our leaving Dalymount
There is also penalty clauses if Liam Carroll's side of the agreement isnt kept such as if his company causes a delay in us leaving Dalymount.
Thanks for clarifying that
54,321 sold - wws will never die - ***
---
New blog if anyone's interested - http://loihistory.wordpress.com/
LOI section on balls.ie - http://balls.ie/league-of-ireland/
Why do the bohs board treat their fans like arseholes?
http://www.photoshopshowcase.com/Vie...ID=181913&AT=3
Bookmarks