Nama may be viewed by international investors as a good idea. Whether its efforts to generate revenue from risky assets can be a template for other countries remains to be seen, writes Dara Doyle

Chelsea football club aren’t the only losers in the sale of Battersea Power Station, with Treasury Holdings claiming Nama will lose out on nearly €500 million in potential fees due to the deal agreed with Malaysian company SP Setia Bhd.

BATTERSEA Power Station’s next owner may have to commit £700 million (€814.8m) to the derelict London development site before any construction work can be started.