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Originally posted by ASCPFC
The difference is the council. I've often thought we should go where we're actually welcomed as an amenity, rather than derided as a problem. Correct, and vastly superior funds. Thus, we had £100m in cash from the Americans but covid, Ukraine and further demands from Croydon knocked the price up to £150m. We had to find that £50m within financial rules. Note, Everton deducted 2 points in a season where their financial woes were at least part caused by the unpredictable rising cost of their new stand. That is why it was only 2 points.
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Originally posted by silvertop
Correct, and vastly superior funds. Thus, we had £100m in cash from the Americans but covid, Ukraine and further demands from Croydon knocked the price up to £150m. We had to find that £50m within financial rules. Note, Everton deducted 2 points in a season where their financial woes were at least part caused by the unpredictable rising cost of their new stand. That is why it was only 2 points. Had a look into Liverpool's costs which seems to have been 75 mil. Thinking of their ground, however, it's in what looks like a cheap area. I think Liverpool bought a lot of the housing for next to nothing at some stage. All of which is a problem for us at Selhurst - London prices really. I should look at how much Fulham have spent. That's in a more expensive area than Selhurst so was probably quite a bit.
Red and Blue Army! |
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Originally posted by orpingtoneagle
Smoke and mirrors and most of that smoke seems to be from some intent of blowing it up the Chairman's backside. This will do nothing to progress the club if it ever happens. I am sure Jordan had similar plans when he got one over on Uncle Ron and purchased the ground. My God, how clueless can someone be?
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Originally posted by ASCPFC
Had a look into Liverpool's costs which seems to have been 75 mil. Thinking of their ground, however, it's in what looks like a cheap area. I think Liverpool bought a lot of the housing for next to nothing at some stage.. a Comet landed on Merseyside. It did a few million quids worth of improvements.
Kayla did Anfield & Old Trafford |
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Originally posted by joe_cpfc
My God, how clueless can someone be? OMG, how gullible some people can be.
This operation, will make the 'Charge Of The Light Brigade' seem like a simple military exercise. |
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HK - I think that there are supposed to be more corporate boxes & improved / additional premium entertainment available -
Originally posted by HKOwen
If someone can show a projected extra revenue vs cost projection then we can have a more informed view. If the actual hard cost is 150M, how could the stand generate say 15M per year profit for a ten year pay back period. I don't see SE 25 as somewhere that has been crying out for more company away day locations or hotel rooms. IF it produces an additional 8000 seats, say the ST are 800 per year at todays prices, thats 6.4 M gross income , so less than half of the 15 M in the example Perhaps there are tax benefits etc
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Originally posted by Dubai Eagle
HK - I think that there are supposed to be more corporate boxes & improved / additional premium entertainment available -
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. |
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Originally posted by HKOwen
If someone can show a projected extra revenue vs cost projection then we can have a more informed view. If the actual hard cost is 150M, how could the stand generate say 15M per year profit for a ten year pay back period. I don't see SE 25 as somewhere that has been crying out for more company away day locations or hotel rooms. IF it produces an additional 8000 seats, say the ST are 800 per year at todays prices, thats 6.4 M gross income , so less than half of the 15 M in the example Perhaps there are tax benefits etc I don't think we have much choice, we have to rebuild the stadium and it's going to cost a lot of money. It's the price of doing business. No doubt ticket prices will go up. From the owners perspective I still say the biggest hurdle to new money coming in is the rebuild. We all know how cost estimates rocket, once it is built potential investors will have a much clearer idea of our finances. Edited by Badger11 (21 Apr 2024 7.13am)
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I would imagine a few have been done over the years, whether they are competent & unconflicted is another matter - I think the end result will become that in the euphoria of it being built / completed the write down period will become lost over a longer period but providing that we remain in the PL the debt will take care of itself over time by virtue of the product remaining very sellable / there are always people with money that want to watch PL football (if they dont want to watch Palace they will pay to see the opposition) Obviously that mindset becomes a tad vulnerable if the ESL becomes a thing & the most popular teams go off playing in different leagues - but I think it will still be OK based upon the fact that very little is going down in price & soon people will have to pay more to watch non ELS teams. Originally posted by HKOwen
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Originally posted by ASCPFC
Had a look into Liverpool's costs which seems to have been 75 mil. Thinking of their ground, however, it's in what looks like a cheap area. I think Liverpool bought a lot of the housing for next to nothing at some stage. All of which is a problem for us at Selhurst - London prices really. I should look at how much Fulham have spent. That's in a more expensive area than Selhurst so was probably quite a bit. It also didn't happen in 5 mins (I know not literally). There's so much that that has to go on behind the scenes apart from just planning permission (both before and after this) that people don't realise. I saw someone post previously that Fulham has gone quicker than palace that's just frankly ridiculous. The Fulham stand is also very expensive even without bucks going bust Edited by akiisalegend (21 Apr 2024 7.19am) Edited by akiisalegend (21 Apr 2024 7.21am) Edited by akiisalegend (21 Apr 2024 7.21am)
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Originally posted by HKOwen
If someone can show a projected extra revenue vs cost projection then we can have a more informed view. If the actual hard cost is 150M, how could the stand generate say 15M per year profit for a ten year pay back period. I don't see SE 25 as somewhere that has been crying out for more company away day locations or hotel rooms. IF it produces an additional 8000 seats, say the ST are 800 per year at todays prices, thats 6.4 M gross income , so less than half of the 15 M in the example
Corporate events, prawn sandwich group packages, football tourism, and STs over £1k. One issue is we are over reliant on TV. This seeks to rebalance the source of revenue. But I agree. At a cost of £100m you can see it, but £150m??
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Originally posted by akiisalegend
It also didn't happen in 5 mins (I know not literally). There's so much that that has to go on behind the scenes apart from just planning permission (both before and after this) that people don't realise. I saw someone post previously that Fulham has gone quicker than palace that's just frankly ridiculous. The Fulham stand is also very expensive even without bucks going bust Edited by akiisalegend (21 Apr 2024 7.19am) Edited by akiisalegend (21 Apr 2024 7.21am) Edited by akiisalegend (21 Apr 2024 7.21am) A victim of our management caution and fear of over stretching. Took too long, the world changed and everything went much more expensive.
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Originally posted by Far away fan
Parish is all hot air, no stadium coming soon, he be better selling the club to someone who can move us to the next level, control freak he is Every indication is that the stand project is progressing. What evidence do you have to contradict that? How stupid will you feel when works starts?
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Originally posted by silvertop
A victim of our management caution and fear of over stretching. Took too long, the world changed and everything went much more expensive. Yes maybe couldve started slightly earlier but you don't always build straight after getting planning permission though. Have to develop design, tender the project etc. Not like we could've just cracked on and built as soon as PP granted Edited by akiisalegend (21 Apr 2024 5.37pm)
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1st April !!
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Depends which year you are talking about. My guess will be at least 2.5 from now. Look at Fulham.
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Originally posted by PalazioVecchio
i know this is an outrageous question..... when will the first Eagles be able to sit and enjoy a game in the new stand ? 1st September ? 1st january ? other ? 1st September? Do you think that new stand could be built in 4/5 months lol?
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