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Murray at tonight's game


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Official line is that while planning permission is available, finance due to current financial climate means any development is impossible.

 

Obviously much of the immediate landbank surrounding the South and South West of the stadium has been cleared and is ripe for such development. It is unclear as to the intentions surrounding these areas.

 

'The current financial climate' does not seam to curtail SDM's latest proposed building projects in Edinburgh, Kirkcaldy, London, totaling some �£1.5bn, can't see him missing an opportunity on the clubs doorstep?.

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I think there's a clue given here from Mr McIntyre report as to what might happen with SDM and the areas ready for redevelopment around Ibrox.

 

In conjunction with Glasgow City Council and Glasgow Housing Association, a number of options are currently being explored regarding the potential

development and regeneration of land adjacent to Ibrox stadium. The wider community will be involved and consulted in the planning process once

specifics on mixed use and financial returns have been agreed between the main parties.

DONALD C. MCINTYRE, Finance Director

22 September 2010

10

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