Sheffield United football club is considering a stock market flotation this year to raise money for a £50m hotel, retail and leisure scheme next to its city stadium at Bramall Lane. The club owns a 6.48ha (16 acre) site there.
The club also plans to increase the existing stadium’s capacity to 40,000 seats. A new £6m stand is already under construction, which will take capacity to 30,000.
The club has said it will not go to the market unless the local authority gives planning approval. The club and the proposed mixed-use scheme are expected to be valued at around £30m on the stock market.
- The Financial Times 10/7/96 page 21
