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New Main Stand

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CPFC Dartford Flag Dartford 12 Oct 23 5.44pm Send a Private Message to CPFC Dartford Add CPFC Dartford as a friend

Wonderful news for the club. The progression of Palace is still snowballing. Surely the extra revenue that it would generate would cover the costs so that the progression on the pitch can continue.

 

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ASCPFC Flag Pro-Cathedral/caravan park 12 Oct 23 5.52pm Send a Private Message to ASCPFC Add ASCPFC as a friend

Originally posted by CPFC Dartford

Wonderful news for the club. The progression of Palace is still snowballing. Surely the extra revenue that it would generate would cover the costs so that the progression on the pitch can continue.

Roughly guessing the costs and income I would think the stand would take maybe 15 years before it pays for itself. With costs and interest maybe 20. Just guesses, could be longer, I can't imagine it being much quicker.

 


Red and Blue Army!

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YT Flag Oxford 12 Oct 23 6.03pm Send a Private Message to YT Add YT as a friend

Originally posted by Hrolf The Ganger

A redevelopment of the Whitehorse would be a lot cheaper than the main stand. It is bound to happen eventually.

Not in our lifetimes it isn't.

 


Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes)

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Stirlingsays Flag 12 Oct 23 6.36pm Send a Private Message to Stirlingsays Holmesdale Online Elite Member Add Stirlingsays as a friend

Originally posted by YT

Not in our lifetimes it isn't.

Come on! Cheer up.

Think where we were in 2010....You never know it's just as likely as not.

 


'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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Painter Flag Croydon 12 Oct 23 7.25pm Send a Private Message to Painter Add Painter as a friend

Originally posted by YT

It's interesting how confident these local journalists are that the cost has risen by 50% when the work hasn't even gone out to tender yet.

I would guess a 50% increase in initial costings is conservative. If you have any knowledge of the building industry, costs of raw materials are rising continually, due to the old economic favourite of supply and demand.

 

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rob1861 Flag 12 Oct 23 9.47pm Send a Private Message to rob1861 Add rob1861 as a friend

If it costs £150m as suggested and generates £30m a year as suggested that's a 5 year pay back

Originally posted by ASCPFC

Roughly guessing the costs and income I would think the stand would take maybe 15 years before it pays for itself. With costs and interest maybe 20. Just guesses, could be longer, I can't imagine it being much quicker.

 

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rob1861 Flag 12 Oct 23 9.50pm Send a Private Message to rob1861 Add rob1861 as a friend

It's about premium customers isn't it? the new stand allows them to increase the general tickets whilst charging a premium to high end customers and make more profit to plough into their pockets (the teams hopefully)

I'm not sure the white horse will have the same allure for premium tickets

Originally posted by Hrolf The Ganger

A redevelopment of the Whitehorse would be a lot cheaper than the main stand. It is bound to happen eventually.

Edited by rob1861 (12 Oct 2023 9.50pm)

 

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Stirlingsays Flag 12 Oct 23 10.17pm Send a Private Message to Stirlingsays Holmesdale Online Elite Member Add Stirlingsays as a friend

Originally posted by rob1861

If it costs £150m as suggested and generates £30m a year as suggested that's a 5 year pay back

I agree that it's the right thing to do but both figures are probably best case projections.

 


'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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rob1861 Flag 12 Oct 23 10.20pm Send a Private Message to rob1861 Add rob1861 as a friend

Fair enough, with inflationary pressures £30m might buy you a loaf of bread in 12 months

Originally posted by Stirlingsays

I agree that it's the right thing to do but both figures are probably best case projections.

 

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imashed Flag surrey 12 Oct 23 10.46pm Send a Private Message to imashed Add imashed as a friend

This is were a cup run taken seriously that gets us into a final to make more money.

 

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Stirlingsays Flag 12 Oct 23 10.56pm Send a Private Message to Stirlingsays Holmesdale Online Elite Member Add Stirlingsays as a friend

Originally posted by rob1861

Fair enough, with inflationary pressures £30m might buy you a loaf of bread in 12 months

You're not wrong.

 


'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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dreamwaverider Flag London 12 Oct 23 11.01pm Send a Private Message to dreamwaverider Add dreamwaverider as a friend

Dont want to sound negative, but with the modern day game, CP Park would have so much better infrastructure than SP. Either way, we are talking about a massive investment with very limited return.
Id love to hear how the proposed new stand would generate an additional £30m per annum. Sounds very optimistic to me when the whole of the current one doesn't do that.
Having said that, the only source of shareholder loans evidenced to fund an eye watering £150m new stand (which by the way will end up north of £200m) are Harris and Blitzer.
Im quite sure they will not approve any new build unless it is financially viable.
I am watching this space with great interest (and concern).

 

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