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June 21 2024 11.42am

New Main Stand

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Yellow Card - User has been warned of conduct on the messageboards View YT's Profile YT Flag Oxford 10 May 23 5.43pm Send a Private Message to YT Add YT as a friend

Originally posted by Den1923

I agree with these comments its hard to see how the new stand will significantly increase revenue when ground capacity will increase by only circa 8000/per home game. This investment will require amortisation over many years to come and if that impacts on our team investment it could well end up being a red herring in the lower leagues!

A red herring or a white elephant?

 


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

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View Den1923's Profile Den1923 Flag 10 May 23 8.40pm Send a Private Message to Den1923 Add Den1923 as a friend

Originally posted by YT

A red herring or a white elephant?

that is the question that needs to be considered, as we have to have a balance between real estate investment and the need to maintain a team in the EPL. I really cannot see how Parish under the current investors set-up is going to do this because he personally does not have the wealth necessary and the investors with the biggest pockets have wanted out for sometime now and the other one has gone off to France to spend his money there!

 

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View Palace Old Geezer's Profile Palace Old Geezer Flag Midhurst 26 May 23 10.11am Send a Private Message to Palace Old Geezer Add Palace Old Geezer as a friend

A sup headline on the back page of today's Times shouted:
'Crystal Palace to be rebuilt'.

In my head I immediately assumed we had been given the go ahead for our new stand. But, on reading the item it is telling us that the Mayor is committing millions to refurbishing the Sports Centre up the hill.

I can't help thinking that site would offer much better prospects for a brand new stadium for CPFC. Pity we aren't able to ride on the back of the refurb up there.

 


Dad and I watched games standing on the muddy slope of the Holmesdale Road end. He cheered and I rattled.

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View ASCPFC's Profile ASCPFC Online Flag Pro-Cathedral/caravan park 26 May 23 10.19am Send a Private Message to ASCPFC Add ASCPFC as a friend

Originally posted by Palace Old Geezer

A sup headline on the back page of today's Times shouted:
'Crystal Palace to be rebuilt'.

In my head I immediately assumed we had been given the go ahead for our new stand. But, on reading the item it is telling us that the Mayor is committing millions to refurbishing the Sports Centre up the hill.

I can't help thinking that site would offer much better prospects for a brand new stadium for CPFC. Pity we aren't able to ride on the back of the refurb up there.

That's a project that's going to go miles over budget. Last I was there was 25 years ago. It was falling apart then and nothing's been done since.

 


Red and Blue Army!

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View ex hibitionist's Profile ex hibitionist Flag Hastings 26 May 23 2.37pm Send a Private Message to ex hibitionist Add ex hibitionist as a friend

Originally posted by ASCPFC

That's a project that's going to go miles over budget. Last I was there was 25 years ago. It was falling apart then and nothing's been done since.


we could do a West Ham and pay rent to play inside an athletics track with no atmosphere - seriously those who think the new stand is unnecessary are wrong imho - our current main stand is a turn off to prospective players of the quality we need - it just shouts 'two bob!'.

 

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View TheBigToePunt's Profile TheBigToePunt Flag 26 May 23 2.57pm Send a Private Message to TheBigToePunt Add TheBigToePunt as a friend

Originally posted by Den1923

that is the question that needs to be considered, as we have to have a balance between real estate investment and the need to maintain a team in the EPL. I really cannot see how Parish under the current investors set-up is going to do this because he personally does not have the wealth necessary and the investors with the biggest pockets have wanted out for sometime now and the other one has gone off to France to spend his money there!

I understand the argument that an 8000-seat increase won't make us much more competitive in the league, especially if we have to choose between spending on the stand or the team.

At the same time, we have clearly hit a glass ceiling as a club. We cannot have anything more than a mid-table top-flight team unless we become a bigger club, and that means expanding the ground.

A slightly different way of looking at it is this: Apparently, we have the 34th largest football ground in the land (33rd largest club ground, once Wembley is omitted):

[Link]

There are a good few clubs in the Championship, League 1 and sometimes even League 2 with bigger and better stadiums than us who could, sooner or later, end up in the top flight. There is a risk that we may become the smallest club in the league if we don't develop the ground, just by virtue of other clubs getting promoted. They would all have greater revenue than us, and be more attractive to investment. Even if a new main stand won't get us a team that finishes much higher up the league, we may need to build it just to stay where we are.

Regarding the money, I was under the impression that the Americans, who have actually paid for a few players as it turned out, came in with the intention of paying for the bricks and mortar. Firstly, they are allowed to spend what they like on facilities without breaching FFP regulations and, secondly, that would seem a far safer way to invest in a club if you want its value (and your share) to grow. Even if we have a bad year and go down, the asset remains far more attractive if the facilities are there.

The delays to the main stand have cast doubt over my (probably very simplified) understanding of the funding idea, but then again when I listened to Parish talking to Gary Neville about the sheer scale of investment the academy and training ground have required, perhaps we've drained the Americans pockets already!

My instinct is that work on the stand will start in earnest in the next couple of years, that the costs will be bourne in the main, or at least in part, by the investors rather than the club, and that they will look to sell their share once the stand is open and successful.

Edited by TheBigToePunt (26 May 2023 3.03pm)

 

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View MrRobbo's Profile MrRobbo Flag Purley 26 May 23 3.18pm Send a Private Message to MrRobbo Add MrRobbo as a friend

I've got a friend inside the club and the talk internally is about this all kicking off next summer.

They are in the depths of detail such as allocating different rooms to different departments etc

So from his perspective its very much a goer.

Like Liverpool, the plan is to build up and over the existing stand so it can be used during construction

 

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View ASCPFC's Profile ASCPFC Online Flag Pro-Cathedral/caravan park 26 May 23 3.21pm Send a Private Message to ASCPFC Add ASCPFC as a friend

Originally posted by TheBigToePunt

I understand the argument that an 8000-seat increase won't make us much more competitive in the league, especially if we have to choose between spending on the stand or the team.

At the same time, we have clearly hit a glass ceiling as a club. We cannot have anything more than a mid-table top-flight team unless we become a bigger club, and that means expanding the ground.

A slightly different way of looking at it is this: Apparently, we have the 34th largest football ground in the land (33rd largest club ground, once Wembley is omitted):

[Link]

There are a good few clubs in the Championship, League 1 and sometimes even League 2 with bigger and better stadiums than us who could, sooner or later, end up in the top flight. There is a risk that we may become the smallest club in the league if we don't develop the ground, just by virtue of other clubs getting promoted. They would all have greater revenue than us, and be more attractive to investment. Even if a new main stand won't get us a team that finishes much higher up the league, we may need to build it just to stay where we are.

Regarding the money, I was under the impression that the Americans, who have actually paid for a few players as it turned out, came in with the intention of paying for the bricks and mortar. Firstly, they are allowed to spend what they like on facilities without breaching FFP regulations and, secondly, that would seem a far safer way to invest in a club if you want its value (and your share) to grow. Even if we have a bad year and go down, the asset remains far more attractive if the facilities are there.

The delays to the main stand have cast doubt over my (probably very simplified) understanding of the funding idea, but then again when I listened to Parish talking to Gary Neville about the sheer scale of investment the academy and training ground have required, perhaps we've drained the Americans pockets already!

My instinct is that work on the stand will start in earnest in the next couple of years, that the costs will be bourne in the main, or at least in part, by the investors rather than the club, and that they will look to sell their share once the stand is open and successful.

Edited by TheBigToePunt (26 May 2023 3.03pm)

I'm presuming construction costs have rocketed since the money was 'ring fenced'. I would say doubled if where I live is anything to go by. I could offer almost any price, I would be unlikely to get any builder any time soon.

 


Red and Blue Army!

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View Hrolf The Ganger's Profile Hrolf The Ganger Flag 26 May 23 3.25pm Send a Private Message to Hrolf The Ganger Add Hrolf The Ganger as a friend

Originally posted by MrRobbo

I've got a friend inside the club and the talk internally is about this all kicking off next summer.

They are in the depths of detail such as allocating different rooms to different departments etc

So from his perspective its very much a goer.

Like Liverpool, the plan is to build up and over the existing stand so it can be used during construction

May 2024. It's happening.

 

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View Stirlingsays's Profile Stirlingsays Online Flag 26 May 23 3.32pm Send a Private Message to Stirlingsays Holmesdale Online Elite Member Add Stirlingsays as a friend

Originally posted by TheBigToePunt

I understand the argument that an 8000-seat increase won't make us much more competitive in the league, especially if we have to choose between spending on the stand or the team.

At the same time, we have clearly hit a glass ceiling as a club. We cannot have anything more than a mid-table top-flight team unless we become a bigger club, and that means expanding the ground.

A slightly different way of looking at it is this: Apparently, we have the 34th largest football ground in the land (33rd largest club ground, once Wembley is omitted):

[Link]

There are a good few clubs in the Championship, League 1 and sometimes even League 2 with bigger and better stadiums than us who could, sooner or later, end up in the top flight. There is a risk that we may become the smallest club in the league if we don't develop the ground, just by virtue of other clubs getting promoted. They would all have greater revenue than us, and be more attractive to investment. Even if a new main stand won't get us a team that finishes much higher up the league, we may need to build it just to stay where we are.

Regarding the money, I was under the impression that the Americans, who have actually paid for a few players as it turned out, came in with the intention of paying for the bricks and mortar. Firstly, they are allowed to spend what they like on facilities without breaching FFP regulations and, secondly, that would seem a far safer way to invest in a club if you want its value (and your share) to grow. Even if we have a bad year and go down, the asset remains far more attractive if the facilities are there.

The delays to the main stand have cast doubt over my (probably very simplified) understanding of the funding idea, but then again when I listened to Parish talking to Gary Neville about the sheer scale of investment the academy and training ground have required, perhaps we've drained the Americans pockets already!

My instinct is that work on the stand will start in earnest in the next couple of years, that the costs will be bourne in the main, or at least in part, by the investors rather than the club, and that they will look to sell their share once the stand is open and successful.

Edited by TheBigToePunt (26 May 2023 3.03pm)

Excellent analysis.

 


'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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View TheBigToePunt's Profile TheBigToePunt Flag 26 May 23 3.34pm Send a Private Message to TheBigToePunt Add TheBigToePunt as a friend

Originally posted by ASCPFC

I'm presuming construction costs have rocketed since the money was 'ring fenced'. I would say doubled if where I live is anything to go by. I could offer almost any price, I would be unlikely to get any builder any time soon.

Absolutely. Plus these things always end up over budget anyway, so even if Parish has doubled the initial cost estimate he'll know that the final figure will be north of even that.

Its a lot of money.

 

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View SW19 CPFC's Profile SW19 CPFC Flag Addiscombe West 12 Oct 23 10.58am Send a Private Message to SW19 CPFC Add SW19 CPFC as a friend

.

Edited by SW19 CPFC (12 Oct 2023 11.23am)

 


Did you know? 98.0000001% of people are morons.

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