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Stadium Redevelopment
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 bexleydave  Barnehurst 21 Nov 18 11.08am |
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This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by Sansbup
Anyone got any idea what's occurring? Deathly silence for ages now... Comments on BBS, from some attending yesterday's E400 meeting, suggest that starting the work is years away and that there are "funding issues": Edited by bexleydave (21 Nov 2018 11.09am)
Bexley Dave Can you hear the Brighton sing? I can't hear a ******* thing! "The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum) |
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| jimruss Sidcup 21 Nov 18 11.14am |
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This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by bexleydave
Comments on BBS, from some attending yesterday's E400 meeting, suggest that starting the work is years away and that there are "funding issues": Edited by bexleydave (21 Nov 2018 11.09am) quelle surprise
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| Rudi Hedman Caterham 21 Nov 18 11.37am |
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This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by bexleydave
Comments on BBS, from some attending yesterday's E400 meeting, suggest that starting the work is years away and that there are "funding issues": Edited by bexleydave (21 Nov 2018 11.09am) They’ll be selling 5 year season tickets to help the funding. This raises a couple of points. 1. What’s happened to the ringfenced £100 million? 2. Selling off long term season tickets limits transfers in the future and something that 2010 criticised because it’s a slippery slope. Revenue will no doubt increase (although there’s still a loss transfer funds doing this), but it won’t be that great in the championship. There might be fewer losses but there will still be losses.
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| Badger11 Beckenham 21 Nov 18 11.46am |
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This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by Rudi Hedman
They’ll be selling 5 year season tickets to help the funding. This raises a couple of points. 1. What’s happened to the ringfenced £100 million? 2. Selling off long term season tickets limits transfers in the future and something that 2010 criticised because it’s a slippery slope. Revenue will no doubt increase (although there’s still a loss transfer funds doing this), but it won’t be that great in the championship. There might be fewer losses but there will still be losses. Well I hope none of this is true otherwise what exactly is the point of the American investors? As for a 5 year season ticket well how many people can afford it and is it worth it. If we were a big six club you could practically guarantee PL football. At the very least fans should be pushing for a relegation clause. If it's good enough for the players it should be good enough for the club. Go down and you get a refund, I wont be holding my breath though. Edited by Badger11 (21 Nov 2018 11.47am)
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| Midlands Eagle 21 Nov 18 11.46am |
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This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by Rudi Hedman
They’ll be selling 5 year season tickets to help the funding. This raises a couple of points. 1. What’s happened to the ringfenced £100 million? 2. Selling off long term season tickets limits transfers in the future and something that 2010 criticised because it’s a slippery slope. Revenue will no doubt increase (although there’s still a loss transfer funds doing this), but it won’t be that great in the championship. There might be fewer losses but there will still be losses. The £100m was never actually put into the company so perhaps it was just promised by the shareholders and as to what has happened to it - who knows. I hope that Parish isn't stupid enough to top up his building fund with advance payments for season tickets as everyone who knows anything about corporate finance knows that you should never pay for major fixed assets with working capital as that's a quick way to the knackers yard
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| EsussexEagle 21 Nov 18 12.19pm |
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This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by Badger11
Well I hope none of this is true otherwise what exactly is the point of the American investors? As for a 5 year season ticket well how many people can afford it and is it worth it. If we were a big six club you could practically guarantee PL football. At the very least fans should be pushing for a relegation clause. If it's good enough for the players it should be good enough for the club. Go down and you get a refund, I wont be holding my breath though. Edited by Badger11 (21 Nov 2018 11.47am) Are you saying you would only go if we were in the Premiership.......?
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| Badger11 Beckenham 21 Nov 18 12.23pm |
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This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by EsussexEagle
Are you saying you would only go if we were in the Premiership.......? No I am saying why should I pay PL prices if we end up in the championship. I supported Palace over 50 years so seeing them in the top flight is not the norm for most people of my age.
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| EsussexEagle 21 Nov 18 12.29pm |
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This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by Badger11
No I am saying why should I pay PL prices if we end up in the championship. I supported Palace over 50 years so seeing them in the top flight is not the norm for most people of my age. I guess that's the old argument of more games for your money in the Championship then. Still, know what you mean about not being used to it, give me a wet Saturday in Carlisle than the Emirates any day.
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| Badger11 Beckenham 21 Nov 18 1.02pm |
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This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by EsussexEagle
I guess that's the old argument of more games for your money in the Championship then. Still, know what you mean about not being used to it, give me a wet Saturday in Carlisle than the Emirates any day. Fair point. You don't like the Emirates? That's a shame I hear its the best library in the world.
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| Eaglecoops CR3 21 Nov 18 3.57pm |
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This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by Badger11
Well I hope none of this is true otherwise what exactly is the point of the American investors? As for a 5 year season ticket well how many people can afford it and is it worth it. If we were a big six club you could practically guarantee PL football. At the very least fans should be pushing for a relegation clause. If it's good enough for the players it should be good enough for the club. Go down and you get a refund, I wont be holding my breath though. Edited by Badger11 (21 Nov 2018 11.47am) Well said Badger. I agree 100% and I think a lot of fans would definitely think very carefully before committing to a long term season ticket. Now if we were currently Championship and the offer was based on the price you pay with the prospect of promotion, then it might be a different matter, so a suitable discount might entice whilst we are PL. As others have said as well though, it is a slippery slope taking money up front as it doesn't help with future dealings and FFP. I sincerely hope that the funding of this new stand is not going to be reliant on assistance from the fans, because that is not how I read this proposal when it was announced.
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| Rudi Hedman Caterham 21 Nov 18 8.26pm |
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This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by Eaglecoops
Well said Badger. I agree 100% and I think a lot of fans would definitely think very carefully before committing to a long term season ticket. Now if we were currently Championship and the offer was based on the price you pay with the prospect of promotion, then it might be a different matter, so a suitable discount might entice whilst we are PL. As others have said as well though, it is a slippery slope taking money up front as it doesn't help with future dealings and FFP. I sincerely hope that the funding of this new stand is not going to be reliant on assistance from the fans, because that is not how I read this proposal when it was announced. It’s not assistance from the fans is it? They’ll be selling something they can deliver as long as we don’t go out of business. I don’t like the sound of it mind you.
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TheExpatEagle  21 Nov 18 9.28pm |
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This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by Midlands Eagle
The £100m was never actually put into the company so perhaps it was just promised by the shareholders and as to what has happened to it - who knows. I hope that Parish isn't stupid enough to top up his building fund with advance payments for season tickets as everyone who knows anything about corporate finance knows that you should never pay for major fixed assets with working capital as that's a quick way to the knackers yard I thought the £100m was what it cost to buy their way into the club?
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