Since Glasgow City Council claimed they used the District Valuer Service to value the London Road Primary School I thought what would the valuations of Lennoxtown and Westhorn be if I used their resources too. The DVS is a dept of the Valuation Office Agency (VOA), part of HMRC, which are property valuers for the public sector and they produce Property Market Reports each year. http://www.voa.gov.uk/DVS/index.html
The latest report is for 2011 but previous years are archived in the National Archives: http://webarchive.nationalarchives.gov.uk/20110320170052/http:/www.voa.gov.uk/publications/property_market_report/index.htm
Lennoxtown Valuation
In June 2006, Celtic were given 19.45 hectares of land at Lennoxtown for their training ground it cost them the bargain basement price of £493,000.
Using the archived July 2006 report section for Residential Building Land figures: http://webarchive.nationalarchives.gov.uk/20110320170052/http://www.voa.gov.uk/publications/property_market_report/pmr-jul-06/Residential-figures.pdf
Using the table above as at 1 July 2006 and taking the Scotland row and erring on the conservative side using the lower Small Site of £1.67 million. What valuation do we get on the 19.45 hectares? As can be seen above in the table at the top, it is a whopping £32.5 MILLION.
Celtic got a bargain worth 64 TIMES WHAT THEY PAID FOR IT. This is an obscene gross corruption, transfer of assets from a public body to a private firm and a massive amount of State aid.
Westhorn Valuation
Using a similar method with Westhorn and the January 2008 property report http://webarchive.nationalarchives.gov.uk/20110320170052/http://www.voa.gov.uk/publications/property_market_report/pmr_jan_08/index.htm
and taking the Residential Building Land figures section. The £ per hectare for Small Sites value for Scotland in the Value of land for residential development as at 1 January 2008 table was £2.13 Million per hectare.
The calculated realistic value of the 5.33 hectares of Westhorn is £11.4 Million. Not as obscene but still a massive 15 times the value paid. It’s claimed that a portion of Westhorn land was impaired. Even saying 50% impairment means it’s still worth £5.7 Million and £5 million over the cost transferred from the public purse to Celtic FC.
Summary
Using the best unbiased land valuations, taking the smaller per hectare value, in the years they were bought, Celtic has ended up with a total free transfer from public sector bodies, Glasgow Health Board and Glasgow City Council, of assets worth £35-40 MILLION over and above what they paid.
Bear in mind these were the valuation in 2006 & 2008, so even taking a small % of land out for roads would be unlikely to overcome the increase in value of those tracts of lands from over 6 years ago.
What is just as damning as this transfer of public wealth is that no Scottish journalist has touched this story even though all the information is in the public domain.
©footballtaxhavens.wordpress.com 2013 
footballtaxhavens 
couldnt agree more about the journalists, they dont want to offend the easily offended and corrupt!!
Posted by Mucker | December 27, 2013, 10:09 pmIT,S THERE IN BLACK AND WHITE FOR ALL TO SEE!This is not down to just 1 individual,a lot of people will be worried.Has this been done in previous years?
Posted by AB | December 28, 2013, 10:54 amEU state aid complaints are already in and these will be forwarded to them.
Posted by Alan Parker | December 28, 2013, 1:45 pmThis is a massive story of corruption and no papers touch it. What the hell is wrong with this country!
Posted by hendy247 | December 28, 2013, 2:44 pmBut Celtic developed the land, adding stadium and training facilities to boost the cost, so the land will increase in value from original cost – due to DEVELOPMENT – this is not state aid… silly for gers to be raising any concerns on this… while at same time getting aid (state???) for commenwealth games, two semi-finals and avoiding millions in tax…
Posted by A.G | December 29, 2013, 3:09 pmThe point is they got the land for a fraction of its true worth BEFORE ANY DEVELOPMENT. They then secured loans on the land at the true value. This is a clear and blatant breach of state aid rules and heads will roll when this all comes out…….titles will be stripped and money from winning trophies and qualifying for the CL will also be recouped…in other words….GCC and sellik are f**ked!!!!!!!!
Posted by BlueStu | December 30, 2013, 3:20 pmRead the reports – the land values shown are before development takes place!
Posted by A.B. | December 30, 2013, 11:53 pmTry reading the article – even better, try to understand it – before commenting on it.
Posted by JK | December 31, 2013, 11:49 amRe Lennoxtown; acting as devils advocate rather than for the defence, I know that agricultural land in Home Counties is approx £24700 per hectare. What is average price in Scotland?
Posted by SemperFi | December 30, 2013, 5:14 amI think on the basis of available information, it appears that misappropriation of public assets seems to have been going on, and maybe, a well informed somebody should not only be notifying The SFA, Audit Scotland, but also The Polis.
AYE??
NAW??
Posted by Rab The Ranter | December 30, 2013, 4:59 pmWhy would you use Residential Land Values when the land you question was not Residential Land when sold and is still not classified as Residential Land to this day. Makes a mockery of your claims.
Posted by gm | December 30, 2013, 8:43 pmValues quoted are for residential development land. Land is not for residential development therefore quoted value is irrelevant.
Posted by M.M. | December 31, 2013, 2:47 amI have acted as Devils Advocate in this. You state that it is not classified as residential development land. What is it classified as? And can you provide a source for your reply.
If it is not residential land then why has building taken place?
Posted by SemperFi | January 1, 2014, 12:25 amLast paragraph in this article suggest it was earmarked for housing, so how were peoples minds changed ? Maybe because the sale was allowed by one man who kept it under the £500,000 watershed.
http://www.heraldscotland.com/sport/spl/aberdeen/locking-away-an-unhappy-history-lennox-castle-hospital-is-about-to-close-its-doors-for-the-last-time-on-its-controversial-past-1.154292
Posted by Alan Parker | January 12, 2014, 10:54 amthis is legal robbery ! where is the press on this ?????? still celebrating at the christmas party !
is there anybody out there …….press ???
Posted by robert brown | December 31, 2013, 10:16 amHa Ha you mean the press who missed the whole fecking biggest story in Scotland and gave us wealth off the radar.If yo buy a piece of land and start putting things on it you increase the price and if the Government thinks it’s fine then it’s fine, go back under your rock or at least evolve when you pop yer head out..
Posted by graham | January 1, 2014, 10:36 pmI think it might be a better idea to let the European Commission on State Aid decide rather than “the government” you know, the very people being accused of providing unlawful state aid. You’re effectively asking the robber to decide whether to find himself guilty or not and that makes you an idiot. I understand you are hurting though, trying to take the moral high ground over the past few years only to now become painfully aware that not only are a number of your fellow fans utter scumbags but your club has been on the receiving end of state aid giving them an unfair advantage both domestically and in european competition and on the receiving end of loans from the co-op at an entirely uncommercial interest rate which are under scrutiny. It’s nice to get things out in the open rather than the sweeping under the carpet that has been going on at your club for decades.
Posted by Jean-Claude | January 2, 2014, 1:57 amI’m loving it! Rangers need to have a quick peek at the period since the first land freebies were given to CFC and lodge an action for title stripping etc on the grounds of unfair sporting advantage. Celtic doesn’t do hypocrisy, does it?
Posted by Tam McMann | January 10, 2014, 12:04 amAnother point on this, Iv’e been hearing that the hills behind lennoxtown (which Sellic own) have gold in them! This is maybe how they are able to pay millions for players!
Posted by JimmyBarr | January 28, 2014, 11:19 am