It seems the Council have made the right decision for once - why should they be held to ransom? I'm sure Fleetham's already-approved developments on Ecclesall Road South would more than bridge any funding gap.
With the figures quoted - if the new Ski Village proposals cannot generate profits as a standalone project, then it's a short-term prospect doomed to fail, so maybe best if it just stays as it is, which I assume does make some profits?
In relation to the development proposals for Beeley Woods - what's the chances that, assuming they eventually get planning approval, they'll find some other hurdle to blame the Snow Mountain not going ahead, but the houses will be up before you know it!