Costello would be great for me also from a selfish pov , Access wouldn't be any worse than what you get at the KC imo . I thought the Birdseye site couldn't be used for Housings & recreational use due to it been Industrial land ?.
Doubt any of this would happen though as any businessman would surely want to maximize the income & usage of the KC .

I love the location of the KC. walking distance of town and prinny ave, loads of pubs near by, I think you would struggle to find another site that wound have this.

Anyway heard this all before, so doubt it will happen.

I've heard that the Council would accept £20 million. Does anyone else think that's cheap. Perhaps there could be a caveat for them to put us into a new stadium????? I know Shamallam wanted it for virtually nothing, plus Walton Street fairground. That is cheap.

.... I thought selling Walton Street fairground would be difficult for the council even if they wanted to.

I'm not sure what the OP's source is on this but I'm guessing the Hull City message board because the same rumours are doing the rounds there.

In short its not going to happen, there's virtually zero chance the new owners would spend that much on something so pointless when they need to focus on maintaining Premier League status above all other things. Its a complete non-starter.

I'd give cautious optimism to this news, i'm sure we'd all like a smaller 'rugby' ground with terracing, a better atmosphere and a place to truly feel like home.

But it'd have to be in the right location, and would need to be of high enough quality off the field with the corporate hospitality to match the KC.

Also lots of clubs haven't found a move in ground to be what they thought it would be. Rovers for example got sold a dud with 'new' Craven Park and ended up with a windswept speedway track and a small school pitch. It took them a good 15-20 years and significant money to get that place up to a reasonable standard.

Salford are another example, ground is far out of town away from their traditional support, with poor transport and up until a year or two ago they didn't even have a club shop at the ground. They are struggling more than ever to get crowds in as a result, and as we know if Koucash gets fed up the club will go pop.

Never gonna happen

Even assuming they buy the stadium, why would City's new owners want to stop approximately 150,000 visitors a year to the KCOM?

If the council sell the stadium and all the other land buildings etc for £20M that would be scandalous, that they furked up in the first place with giving a profit making opportunity to a third party should not give them the right to just hand over the stadium for peanuts. If they hadn't done that we wouldn't be in this position.

Folk that think a decent 18-20k stadium could be built inside the city limits for £20M are deluded I don't want some budget sh ithole like Warrington's.

The former Birds Eye site is barely big enough, it's very very close to residential housing so that in itself could cause problems not just with planning but also with match days/nights/noise etc.
Without an access/egress link road from Clive Sullivan Way it's going to be an absolute nightmare and there simply won't be enough space for parkin. Access/egress would be even worse than at the KCOM.
Costello is viabale in terms of size and ease of access if other roads are built for parking but where to put the parking. Build over more green land? It also rips the club right out of the heart of the city and you cannot feasibly walk to the ground especially the eldery/infirm.
If keeping the track then the cricket pitches would be lost, if building where the track is that would be lost for 18 months and would fans want a Sheffield type stadium miles away from the action, in which case what happens to the long term future of the athletics?
To sell and end up with pressure to be forced to move would be a bad bad decision IMHO

The KC stadium is only worth what someone is prepared to pay for it. It is a limited use property. You can't assume it is worth anything near what it cost to build. Take away both clubs wanting to buy it and you would need a yield of at least 9% for a private landlord to be interested. Anyone wanting to buy the stadium would expect a reasonable return on investment. Assume the stadium was sold for £30 million, It would need a yield of around £3.1 million per year for it to be seen as a sound investment.