This page is no longer updated, and is the old forum. For new topics visit the New HOL forum.
Stadium Redevelopment
Register | Edit Profile | Subscriptions | Forum Rules | Log In
jeeagles  08 Apr 19 8.36pm |
|
|---|---|
|
This post has been merged from a topic called 'Stadium plans' by bexleydave This post has been merged from a topic called 'New Stand Development' by bexleydave Liverpool's expansion was announced in April 2014. Started in December 2015 and finished in September 2016. But the council bought the houses behind the ground as they were so keen to knock them down and regenerate as part of a wider project. Twickenhams south stand took two years to get planning permission. It was granted in December 2004 and work started in June 2005. Up to 24 months between planning being granted and works commencing sounds reasonable. How long has it been?
|
|
 Alert a moderator to this post |
 |
 HKOwen  Hong Kong 13 Apr 19 12.21pm |
  |
|---|---|
|
This post has been merged from a topic called 'Stadium plans' by bexleydave This post has been merged from a topic called 'CPFC on MOTD Preview and " new stand "' by bexleydave Nice piece with Jimmy Mac and Luka. Then on to the SP interview. Now, we all know that CPFC 2010 saved the club etc but am concentrating on the proposed new stand. Supposing it ever goes ahead, cheapest build cost I have seen quoted is 75 million for 7000 extra seats probably excluding corporate boxes. Suppose average cost of ST when it opens is 800 quid so 25% up on now more or less. If all ST sold then gross annual income from that is 5.6 million, other sources of revenue over 19 PL games and possibly 6/7 cup games, other sales and facility renting might bring that to 10 million before any expenses or running costs. That might create a scenario of a 10 year period to recoup construction cost. SP said that all clubs have similar TV revenue therefore other sources of income, i.e ticket sales and others are very important. For PL TV revenue this is not correct , last year Man City had some 40-45 million more PL TV revenue than Palace. I am basically concerned this is a vanity project which could put the club into financial hardship again unless we have some deep pockets buyer come in. My assumptions could be rubbish, I am not in the know other than public domain stuff but coming off a 35 million loss year I can't see how we can fund the build and in any event may need to sell a gem or two to standstill. Happy for someone with better info and understanding to point out I am wrong. Now back to hoping BHA lose today and Cardiff win
Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance. |
|
| Alert a moderator to this post |
 |
 Hrolf The Ganger  13 Apr 19 12.42pm |
|
|---|---|
|
This post has been merged from a topic called 'Stadium plans' by bexleydave This post has been merged from a topic called 'CPFC on MOTD Preview and " new stand "' by bexleydave Originally posted by HKOwen
Nice piece with Jimmy Mac and Luka. Then on to the SP interview. Now, we all know that CPFC 2010 saved the club etc but am concentrating on the proposed new stand. Supposing it ever goes ahead, cheapest build cost I have seen quoted is 75 million for 7000 extra seats probably excluding corporate boxes. Suppose average cost of ST when it opens is 800 quid so 25% up on now more or less. If all ST sold then gross annual income from that is 5.6 million, other sources of revenue over 19 PL games and possibly 6/7 cup games, other sales and facility renting might bring that to 10 million before any expenses or running costs. That might create a scenario of a 10 year period to recoup construction cost. SP said that all clubs have similar TV revenue therefore other sources of income, i.e ticket sales and others are very important. For PL TV revenue this is not correct , last year Man City had some 40-45 million more PL TV revenue than Palace. I am basically concerned this is a vanity project which could put the club into financial hardship again unless we have some deep pockets buyer come in. My assumptions could be rubbish, I am not in the know other than public domain stuff but coming off a 35 million loss year I can't see how we can fund the build and in any event may need to sell a gem or two to standstill. Happy for someone with better info and understanding to point out I am wrong. Now back to hoping BHA lose today and Cardiff win Vanity project, seriously? Selhurst Park is a rundown embarrassment. Three sides of the ground have to be redeveloped. This should just be the start. It's like some fans want us to remain in the 1950s while everyone else moves on.
|
|
| Alert a moderator to this post |
|
| HKOwen Hong Kong 13 Apr 19 1.16pm |
|
|---|---|
|
This post has been merged from a topic called 'Stadium plans' by bexleydave This post has been merged from a topic called 'CPFC on MOTD Preview and " new stand "' by bexleydave I use vanity project in the context of it being potentially financially not viable as we stand but there is a lovely architectural model sitting in an office like the Ring of Mordor. I don't want the 50's but would prefer we bring some of the existing facilities like the AW up to standard first.
Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance. |
|
| Alert a moderator to this post |
|
| rollercoaster Cornwall 13 Apr 19 1.28pm |
|
|---|---|
|
This post has been merged from a topic called 'Stadium plans' by bexleydave This post has been merged from a topic called 'CPFC on MOTD Preview and " new stand "' by bexleydave A few years back didn't we hear that the main stand had reached end-of-life and wasn't there talk that it might be condemned. So financial justification might need to include the whole stand not just the extra 7,000 seats and the extra corporate revenue. But very good question, I hope one of he financial wizards on here can provide some answers.
|
|
| Alert a moderator to this post |
|
| Badger11 Beckenham 13 Apr 19 1.33pm |
|
|---|---|
|
This post has been merged from a topic called 'Stadium plans' by bexleydave This post has been merged from a topic called 'CPFC on MOTD Preview and " new stand "' by bexleydave Originally posted by rollercoaster
A few years back didn't we hear that the main stand had reached end-of-life and wasn't there talk that it might be condemned. So financial justification might need to include the whole stand not just the extra 7,000 seats and the extra corporate revenue. But very good question, I hope one of he financial wizards on here can provide some answers. That rings a bell. I think this is the real driver sooner or later a wooden stand will be outlawed so we have no choice but to redevelop and once you start down that road you might as well look at the whole ground.
One more point |
|
| Alert a moderator to this post |
|
| JohnB 13 Apr 19 3.28pm |
|
|---|---|
|
This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by HKOwen
Nice piece with Jimmy Mac and Luka. Then on to the SP interview. Now, we all know that CPFC 2010 saved the club etc but am concentrating on the proposed new stand. Supposing it ever goes ahead, cheapest build cost I have seen quoted is 75 million for 7000 extra seats probably excluding corporate boxes. Suppose average cost of ST when it opens is 800 quid so 25% up on now more or less. If all ST sold then gross annual income from that is 5.6 million, other sources of revenue over 19 PL games and possibly 6/7 cup games, other sales and facility renting might bring that to 10 million before any expenses or running costs. That might create a scenario of a 10 year period to recoup construction cost. SP said that all clubs have similar TV revenue therefore other sources of income, i.e ticket sales and others are very important. For PL TV revenue this is not correct , last year Man City had some 40-45 million more PL TV revenue than Palace. I am basically concerned this is a vanity project which could put the club into financial hardship again unless we have some deep pockets buyer come in. My assumptions could be rubbish, I am not in the know other than public domain stuff but coming off a 35 million loss year I can't see how we can fund the build and in any event may need to sell a gem or two to standstill. Happy for someone with better info and understanding to point out I am wrong. Now back to hoping BHA lose today and Cardiff win I met with Chelsea last year before Abramovich got all the grief with his visa and the stadium plan was still on. They were rebuilding the stadium and the capacity increase was 80% corporate hospitality seats. The key to the main stand isn't that it will give us more seats for the regular punter but it is all about corporate hospitality and the funds that can bring and that won't just be on a match day. If the corporate areas are improved then the suites will be used on a daily basis for companies to hold events there which is were the club really benefits. The company I work for has held plenty of events at places like West Ham, Spurs etc. where we will invite clients and then finish the day with a tour round the changing rooms, walk on the pitch etc. When I went to Chelsea, the work they wanted us to do they wanted us to commit to giving them multi-millions pounds over 7 years and in return they would do the work with us, pay anything that cost over that amount we had to commit to and also give us 'sponsorship' days where we could play a training game against a mix of first team and reserves, have their players come to events for meet and greets etc. I would be surprised if Palace don't offset much of the cost of building the new stand against things like this. What we did for West Ham was paid for mainly through a mix of sponsorship, boxes, events and a small amount was paid for in cash. As a side note, the box Abramovich sits in at Chelsea was probably worth more than my house and was bigger than my first flat!
|
|
| Alert a moderator to this post |
|
| .TUX. 13 Apr 19 9.34pm |
|
|---|---|
|
This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by Hrolf The Ganger
Vanity project, seriously? Selhurst Park is a rundown embarrassment. Three sides of the ground have to be redeveloped. This should just be the start. It's like some fans want us to remain in the 1950s while everyone else moves on. This. Until this changes we'll forever be two-bob.
Buy Litecoin. |
|
| Alert a moderator to this post |
|
| TheBigToePunt 14 Apr 19 11.04am |
|
|---|---|
|
This post has been merged from a topic called 'Stadium plans' by bexleydave Parish has said on a number of occasions that Croydon Council have been great for Palace regarding the new stand. They've granted a major planning permission for the new stand very quickly, and the terms of the permission are entirely reasonable. Also consider that back when the club didn't own selhurst park, the council designated the pitch as an open space, and the stadium as a special employment facility, thereby doing what they could to create significant obstacles to the place being sold off for redevelopment. No small thing when you consider the pressure the government places on councils to allow applications for new housing, and whilst Noades himself probably wouldn't have kicked us out and fattened the place, whoever would have inherited it from him might have felt very differently. We forget too easily what a mess Palace was not too long ago, and we could very easily have ended up in a Coventry City situation The council showed they were very much on our side back then, and have supported us this time around too. I'm not sure what people mean when they identify the council as a problem?
|
|
| Alert a moderator to this post |
|
| the.universal 14 Apr 19 11.23am |
|
|---|---|
|
This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by HKOwen
Nice piece with Jimmy Mac and Luka. Then on to the SP interview. Now, we all know that CPFC 2010 saved the club etc but am concentrating on the proposed new stand. Supposing it ever goes ahead, cheapest build cost I have seen quoted is 75 million for 7000 extra seats probably excluding corporate boxes. Suppose average cost of ST when it opens is 800 quid so 25% up on now more or less. If all ST sold then gross annual income from that is 5.6 million, other sources of revenue over 19 PL games and possibly 6/7 cup games, other sales and facility renting might bring that to 10 million before any expenses or running costs. That might create a scenario of a 10 year period to recoup construction cost. SP said that all clubs have similar TV revenue therefore other sources of income, i.e ticket sales and others are very important. For PL TV revenue this is not correct , last year Man City had some 40-45 million more PL TV revenue than Palace. I am basically concerned this is a vanity project which could put the club into financial hardship again unless we have some deep pockets buyer come in. My assumptions could be rubbish, I am not in the know other than public domain stuff but coming off a 35 million loss year I can't see how we can fund the build and in any event may need to sell a gem or two to standstill. Happy for someone with better info and understanding to point out I am wrong. Now back to hoping BHA lose today and Cardiff win A 10 year payback on a project that big would be pretty awesome. So I wouldn’t worry about it.
Vive le Roy! |
|
| Alert a moderator to this post |
|
| m/k mick milton keynes 14 Apr 19 11.41am |
|
|---|---|
|
This post has been merged from a topic called 'Stadium plans' by bexleydave Re HK Figures for new stand, as far as i know the new stand increases crowd by just over 8000, HK said 7000, also average price of £800, the seats will mainly be premium seats, i am in the Main Stand, season ticket is just shy of £2000, plus matchday seats for catergory A games are £300 each inc vat, for every game, and they sell out, i fully expect some seats will be a minimum of £800 but the average will be over double that figure, i fully expect my seat to be £2500 to £3000, but we do get a meal, bit different to the 2 shillings and sixpence i paid as a kid in the 50s and 60s
|
|
| Alert a moderator to this post |
|
| Eaglecoops CR3 14 Apr 19 1.57pm |
|
|---|---|
|
This post has been merged from a topic called 'Stadium plans' by bexleydave Originally posted by m/k mick
Re HK Figures for new stand, as far as i know the new stand increases crowd by just over 8000, HK said 7000, also average price of £800, the seats will mainly be premium seats, i am in the Main Stand, season ticket is just shy of £2000, plus matchday seats for catergory A games are £300 each inc vat, for every game, and they sell out, i fully expect some seats will be a minimum of £800 but the average will be over double that figure, i fully expect my seat to be £2500 to £3000, but we do get a meal, bit different to the 2 shillings and sixpence i paid as a kid in the 50s and 60s Yep, Speronis is £4K plus vat per season or thereabouts and is always full. Spoke to the corporate manager at The Man Utd game and he said he could have sold the tickets 3 times over. The income predicted is way below what I would anticipate given the demand nowadays.
|
|
| Alert a moderator to this post |
|
Login / RegisterNew users
Registration is now on our new message board
Existing users
To login with your existing username you will need to convert your account over to the new message board.
Sponsors
All images and text on this site are copyright © 1999-2024 The Holmesdale Online, unless otherwise stated.
Web Design by Guntrisoft Ltd.