Are we going to suffer with £80 million staduim
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 brides  Arnside . Lake District 12 Jul 18 1.35pm |
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I have a feeling that we are going to have to save money to finance stadium up grade. Saved loads of money on players let go, prob around £200 k a week, or €11 milkion a year, only signing a free goalie, Although i thought US money was for staduim investment, Made 13 million profit does not add up Thoughts?
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| Rudi Hedman Caterham 12 Jul 18 1.54pm |
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Originally posted by brides
I have a feeling that we are going to have to save money to finance stadium up grade. Saved loads of money on players let go, prob around £200 k a week, or €11 milkion a year, only signing a free goalie, Although i thought US money was for staduim investment, Made 13 million profit does not add up Thoughts? Who knows. £50 mil ringfenced for stadium work. It will cost closer to £100 mil for one stand. Mortgage or paid off with any profits. Possibly both with a flexible loan like Arsenal. If FFP prevents us spending everything then that could be part of your answer. New stand(s) costs will be very limiting if we get relegated and a major balancing act.
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kenbarr  Jackson Heights, Queens, New York ... 12 Jul 18 2.32pm |
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Originally posted by Rudi Hedman
Who knows. £50 mil ringfenced for stadium work. It will cost closer to £100 mil for one stand. Mortgage or paid off with any profits. Possibly both with a flexible loan like Arsenal. If FFP prevents us spending everything then that could be part of your answer. New stand(s) costs will be very limiting if we get relegated and a major balancing act. From the corporate structure seen, there is one company for the stadium and another for the club. This may be part of the reason why the accounts were late being filed. My guess, and it is a total guess, is that funds are being segregated, one pot for the stadium the other for the club, including player staff.
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| radsyrendot From Coventry now in Leicester 12 Jul 18 3.13pm |
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Maybe they need to look abroad to find builders who can do it cheaper ...some nice stadia in Europe
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| bexleydave Barnehurst 12 Jul 18 4.36pm |
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Originally posted by radsyrendot
Maybe they need to look abroad to find builders who can do it cheaper ...some nice stadia in Europe
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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| dorking 12 Jul 18 9.36pm |
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Parish should get a Selco trade card, he'd save a fortune.... ...its where the trade go
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| grumpymort US/Thailand/UK 13 Jul 18 12.39am |
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Originally posted by kenbarr
From the corporate structure seen, there is one company for the stadium and another for the club. This may be part of the reason why the accounts were late being filed. My guess, and it is a total guess, is that funds are being segregated, one pot for the stadium the other for the club, including player staff.
I don't see stadium cost being an issue most of the funds are already in place and I expect other deals will be in place to offer more funds for it so really another say 50m is not that much to raise. Spurs are the ones I expect to struggle.
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 becky over the moon 13 Jul 18 7.15am |
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Are we going to suffer with an £80 million stadium? You bet! There still won't be enough lavatories to cope with the half-time surge.
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| Rudi Hedman Caterham 13 Jul 18 7.23am |
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Originally posted by grumpymort
Spurs are the ones I expect to struggle. How so?
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rossboss29  Portsmouth 13 Jul 18 7.30am |
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Originally posted by radsyrendot
Maybe they need to look abroad to find builders who can do it cheaper ...some nice stadia in Europe Pretty sure I read that part of the agreement to build he new stand and have planning permission granted was for us to use local contractors
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| Rudi Hedman Caterham 13 Jul 18 7.38am |
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Originally posted by rossboss29
Pretty sure I read that part of the agreement to build he new stand and have planning permission granted was for us to use local contractors Cue stories of Chelsea and Millwall scarves buried in the foundations or in between walls.
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| Midlands Eagle 13 Jul 18 7.55am |
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Originally posted by grumpymort
I don't think it will affect FFP at all as all costs associated with the rebuilding will be capitalised and therefore won't affect profitability
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