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New Main Stand


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YT Flag Oxford 12 Oct 23 4.40pm

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.

 


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

stanzerman Flag Hastings 12 Oct 23 4.57pm

Originally posted by Lawrie

I understood that when the Whitehorse Lane stand was built, the footings were put in place to take a second tier that would go above sainsburys.
Once the boxes are up and running in the new stand, the second tier could be built in their place.
Or, as usual, have I mis understood/dreamed this?

Yes and Palace have since purchased the airspace above Sainsburys

 


Stanzerman

ASCPFC Flag Pro-Cathedral/caravan park 12 Oct 23 5.15pm

Originally posted by YT

I didn't realise Jesurun had a son.

Edited by YT (12 Oct 2023 4.46pm)

 


Red and Blue Army!

Yellow Card - User has been warned of conduct on the messageboards Hrolf The Ganger Flag 12 Oct 23 5.22pm

Originally posted by YT

Keep taking the tablets. We can't afford the first proposed development let alone a subsequent one.

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

 

CPFC Dartford Flag Dartford 12 Oct 23 5.44pm

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.

 

ASCPFC Flag Pro-Cathedral/caravan park 12 Oct 23 5.52pm

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!

YT Flag Oxford 12 Oct 23 6.03pm

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)

Stirlingsays Flag 12 Oct 23 6.36pm

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)

Painter Flag Croydon 12 Oct 23 7.25pm

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.

 

rob1861 Flag 12 Oct 23 9.47pm

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.

 

rob1861 Flag 12 Oct 23 9.50pm

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)

 

Stirlingsays Flag 12 Oct 23 10.17pm

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)

rob1861 Flag 12 Oct 23 10.20pm

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.

 

imashed Flag surrey 12 Oct 23 10.46pm

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

 

Stirlingsays Flag 12 Oct 23 10.56pm

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)

dreamwaverider Flag London 12 Oct 23 11.01pm

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).

 

rob1861 Flag 12 Oct 23 11.08pm

Hi Dreamwaverider,

My guess is it allows for income outside of match days too plus a greater percentage of earnings per customer on match days due to the expansion of premium experiences for fans so not as simple as equating current match day earnings of the stadium vs new benefits.

We have some very clever people in charge of the club right now and i'm sure they've worked out the variables and opportunity to make more profit for themselves and hopefully a bit more to invest in the team too.

If we truly get building it could be transformational and mean we move up the revenue levels within the PL. Perhaps the next stage of development also attracts further investment from outside if we are bigger???

Parish has always spoken about our relative income vs other clubs in the PL and we punch above our weight at the moment and he is definitely taking us forward bit by bit. We are more stable than we have ever been and even if the worst happens we have a youth system and scouting system to get us back to the big time asap.

Exciting times to be a Palace fan

Originally posted by dreamwaverider

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).

 

Stirlingsays Flag 12 Oct 23 11.31pm

All Premier league clubs lose money.

I think the route to success is about attracting wealthy investors who will see your club as an attractive asset.....at least this seems to be how it went over the last couple of decades.

Palace's ground has been a significant disadvantage within the Premier league to becoming a larger club.....In real terms we have done remarkably well since we were promoted.

I agree with the analysis that Crystal Palace park was the better option....I was really disappointed when it fell through. However, that's in the past now and if Selhurst has possibilities to extend to become a forty thousand plus ground in the future....that takes us into the big club bracket.

If the playing side can be maintained alongside that it's the most sensible punt to future success.

Is the timing wrong? Will Premiership football clubs continue to fill their grounds in this difficult economic decade?....We will see.

Edited by Stirlingsays (12 Oct 2023 11.31pm)

 


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

rob1861 Flag 12 Oct 23 11.38pm

Nice assessment!

Let's hope Palace can challenge for that elusive FA Cup or maybe even a European spot in a few years time without risking the whole club like Portsmouth did.

Originally posted by Stirlingsays

All Premier league clubs lose money.

I think the route to success is about attracting wealthy investors who will see your club as an attractive asset.....at least this seems to be how it went over the last couple of decades.

Palace's ground has been a significant disadvantage within the Premier league to becoming a larger club.....In real terms we have done remarkably well since we were promoted.

I agree with the analysis that Crystal Palace park was the better option....I was really disappointed when it fell through. However, that's in the past now and if Selhurst has possibilities to extend to become a forty thousand plus ground in the future....that takes us into the big club bracket.

If the playing side can be maintained alongside that it's the most sensible punt to future success.

Is the timing wrong? Will Premiership football clubs continue to fill their grounds in this difficult economic decade?....We will see.

Edited by Stirlingsays (12 Oct 2023 11.31pm)

 

Yellow Card - User has been warned of conduct on the messageboards Hrolf The Ganger Flag 12 Oct 23 11.56pm

Originally posted by YT

Not in our lifetimes it isn't.

We will have to wait and see.

 

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