Further posts in the OVF forum from Chairman Norman Smurthwaite have claimed that the Vale Park stadium is valued at £9m.
In a post on the OVF forum the chairman commented: “Vale Park in 2015 was valued at £9m the rent from the Vale Park Enterprise Centre alone is circa £90,000 per annum.”
It will take about £260,000 to finish the Lorne Street stand…
In an additional reply he clarified that “the Vale Park valuation was as a stadium the land value for houses etc was less.”
Smurthwaite also put a value on the completion of the Lorne Street stand adding that: “It will take about £260,000 to finish the Lorne Street stand.”
He also outlined other costs saying that: “£60,000 is being spent on Stand toilets and it will cost £200,000 for new concourse/pub for the Railway .”
Note: these quotes were taken from multiple answers on several forum threads. They are not one single answer but formed from several answers to questions about the sale of the club.