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New Main Stand


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silvertop Flag Portishead 20 Apr 24 1.18pm

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.

 

ASCPFC Flag Pro-Cathedral/caravan park 20 Apr 24 1.44pm

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!

joe_cpfc Flag Basingstoke 20 Apr 24 4.13pm

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?

 

PalazioVecchio Flag south pole 20 Apr 24 4.46pm

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

eagleman13 Flag On The Road To Hell & Alicante 20 Apr 24 7.28pm

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.

HKOwen Flag Hong Kong 20 Apr 24 11.51pm

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

 


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.

Dubai Eagle Flag 21 Apr 24 6.55am

HK - I think that there are supposed to be more corporate boxes & improved / additional premium entertainment available -
A current corporate box of 10 is about £3000 per game, no doubt that will rise to nearer £4000 to have the opportunity to experience a new box in the new main stand.
You can get a VIP ticket to include dinner & drinks in the restaurant at anything between £150 / £300 depending upon who we are playing, if you factor in the kind of new facilities that an upgraded main stand would bring I would imagine that the base price of £150 per person would level off at £200 per person & the upper limit would also go up proportionally.

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

 

HKOwen Flag Hong Kong 21 Apr 24 7.00am

Originally posted by Dubai Eagle

HK - I think that there are supposed to be more corporate boxes & improved / additional premium entertainment available -
A current corporate box of 10 is about £3000 per game, no doubt that will rise to nearer £4000 to have the opportunity to experience a new box in the new main stand.
You can get a VIP ticket to include dinner & drinks in the restaurant at anything between £150 / £300 depending upon who we are playing, if you factor in the kind of new facilities that an upgraded main stand would bring I would imagine that the base price of £150 per person would level off at £200 per person & the upper limit would also go up proportionally.


All well and good, I wonder if anyone competent and not conflicted has done an objective forecast on this project

 


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.

Badger11 Flag Beckenham 21 Apr 24 7.10am

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)

 


One more point

Dubai Eagle Flag 21 Apr 24 7.11am

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


All well and good, I wonder if anyone competent and not conflicted has done an objective forecast on this project

 

akiisalegend Flag Croydon 21 Apr 24 7.18am

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)

 

silvertop Flag Portishead 21 Apr 24 10.24am

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

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??

 

silvertop Flag Portishead 21 Apr 24 10.28am

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.

 

Yellow Card - User has been warned of conduct on the messageboards Hrolf The Ganger Flag 21 Apr 24 10.35am

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?

 

akiisalegend Flag Croydon 21 Apr 24 5.36pm

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)

 

PalazioVecchio Flag south pole 21 Apr 24 6.05pm

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 ?

 


Kayla did Anfield & Old Trafford

Swindy Flag Bromley 21 Apr 24 6.51pm

1st April !!

 

dreamwaverider Flag London 21 Apr 24 6.53pm

Depends which year you are talking about. My guess will be at least 2.5 from now. Look at Fulham.

 

Vaibow Flag vancouver/croydon 21 Apr 24 7.44pm

Logically, selhurst park is in a really awkward location. The best bet is to start from scratch elsewhere.. trouble is, if the stadium was to be knocked down, the area would be a 5hit hole... nothing flash going up there... area just isn't desirable.

Crystal palace in a perfect world would be ideal..

 


This was once a quality forum....

akiisalegend Flag Croydon 21 Apr 24 8.28pm

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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