They were also behind the redevelopment of Boundary Park, anyone watching Oldham v Liverpool today would have seen how well that turned out.
Didn't see it, but thought that hadn't got off the ground anyway?
The point was more that it doesn't have to cost 20m, and even if it did, you can find ways of generating the cash from the site to offset some of the capital outlay. On top of that, you increase facilities for match days as well - our corporate hosptiality offerings are very limited. Using Reading as an example on that front, I'm sure from speaking to them they mentioned that the conferncing side of the business turns a healthy profit.
Interestingly, the latest Oldham proposals were going to be funded by £5.7m from the Council.
Lets not forget that the Shrivenham Road development was done for just short of £2m I think. Granted building costs would have gone up over the years, but it showed how it could be done within budgets. I think Notts County was similar, sure they developed 3 sides of their ground in a very short space of time as well, using a similar design to our stand (ours was based on theirs).
As it is, we get a fairly good deal on the rent - often perceived to be bad - which is linked to turnover. So if we don't generate the cash, we pay the council less. It's generally been around the £100k a year mark.