Main stand budget
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 Dean_CPFC  South london 25 May 21 6.21pm |
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What a shame they didn't build the main stand during the past year. It would have been perfect during lockdown and minimal disruption
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 AERO 25 May 21 8.38pm |
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Would have been ideal time but would imagine still awaiting planning. Still don't understand the big unveiling a while back of the plans and model of stand when they knew we had to go through this process very unprofessional.
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| Rudi Hedman Caterham 25 May 21 8.59pm |
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Originally posted by Badger11
My suspicion is that the ring fenced money is actually a loan facility we can draw down on when the project starts, to be repaid with interest of course. How much did they buy their 36% share for then? And where did the money go? The original 4? These Americans have brought cash flow and ability to borrow from them, especially when Allardyce came in, but not always as we borrowed money from Australia I think it was while waiting for AWB payments. We’ve used the ‘’slither of car park owned by Sainsbury’s’’ excuse and even begged season ticket fans to not claim their £120 each to fund the building of the academy. American investors. They don’t belong in English or European football.
COYP |
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| pompeyeagle Relocated to Shropshire 25 May 21 9.04pm |
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Originally posted by Badger11
Did we not have a whip round at our last home game? Our budget will be based on how much we get for Wilf and those that are no longer on our wage bill. I don't expect any further money than that. I will be really surprised if Zaha moves on unless we drop the price to 30m and I can't see that happening.
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HKOwen  Hong Kong 26 May 21 1.02am |
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OK, I have had an uniformed go at some numbers For the sake of discussion let's assume the total cost of the new stand is 80 million. Add some debt service cost and contingencies of 10 million. So we have a total net out lay of 90 million. Extra seats 8000 provides @ 5.6 million per season So we need another 34 million over 10 years, let's say 3.4 per year. If match day revenue from boxes then that's @ 180K per match ( exc any cup games ) in a 19 games season. Assume profit margin is 100% on overall cost of providing the services then each match day the boxes need to generate 360K per match. Let's say 20 boxes, each one needs to generate 18000. A box usually has say 15 seats, that's 1200 per head per box per game `which seems unrealistic. If we say half of that is changed to non football day revenues the boxes only need to charge a mere 600 per head per game. I don't know what are current top end match day experience costs but I doubt it 600 per head Our 21/22 box deals for 10 persons are @ 35000 per season. So thats @ 180 per head per match, seems there's a hole in the numbers Confident I have missed somethings here Originally posted by HKOwen
Did anybody really think based on an expensive model in his office and a conceptual video that "Parish's Folly" was ever really going to happen. It was a distractive issue and worked as such for a while. Please refer to my signature. Expanding on this, if we remain a stable lower half of the table team, if we expand the capacity by say 10,000 seats, do we believe there are 10,000 people chomping at the bit to shell out say 700 a season ticket . That would generate gross 7,000,000 a year, maybe the basic salary of two decent players. I believe with the likely shift in working patterns post covid the demand for some kind of conference centre needs to be reconsidered. The only way I can see us getting any new stadium upgrade is to be bought by a mega rich outfit and the stadium is part of an overall humongous spend. Interested for anyone who understands the economics of this to put forward the financial case for the proposed stadium expansion. Edited by HKOwen (25 May 2021 5.48am)
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| Spiderman Horsham 26 May 21 7.14am |
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Originally posted by HKOwen
OK, I have had an uniformed go at some numbers For the sake of discussion let's assume the total cost of the new stand is 80 million. Add some debt service cost and contingencies of 10 million. So we have a total net out lay of 90 million. Extra seats 8000 provides @ 5.6 million per season So we need another 34 million over 10 years, let's say 3.4 per year. If match day revenue from boxes then that's @ 180K per match ( exc any cup games ) in a 19 games season. Assume profit margin is 100% on overall cost of providing the services then each match day the boxes need to generate 360K per match. Let's say 20 boxes, each one needs to generate 18000. A box usually has say 15 seats, that's 1200 per head per box per game `which seems unrealistic. If we say half of that is changed to non football day revenues the boxes only need to charge a mere 600 per head per game. I don't know what are current top end match day experience costs but I doubt it 600 per head Our 21/22 box deals for 10 persons are @ 35000 per season. So thats @ 180 per head per match, seems there's a hole in the numbers Confident I have missed somethings here
Edited by Spiderman (26 May 2021 7.14am)
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| Badger11 Beckenham 26 May 21 7.34am |
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Originally posted by Rudi Hedman
How much did they buy their 36% share for then? And where did the money go? The original 4? These Americans have brought cash flow and ability to borrow from them, especially when Allardyce came in, but not always as we borrowed money from Australia I think it was while waiting for AWB payments. We’ve used the ‘’slither of car park owned by Sainsbury’s’’ excuse and even begged season ticket fans to not claim their £120 each to fund the building of the academy. American investors. They don’t belong in English or European football. I agree with you my comments were meant to indicate they have given us bugger all and if we ever do build the stadium what interest rate will they charge us for the loan.
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| Midlands Eagle 26 May 21 9.01am |
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How does this new fella fit in to the scheme of things? Once upon a time Parish used to tell the fans what was going on but he hasn't said a word about the South African cobalt king who seems to have some sort of involvement
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| HKOwen Hong Kong 26 May 21 11.24am |
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So you have nothing that runs on lithium-ion rechargeable batteries like mobile phones, laptop, tablet etc. Please don't start your virtue signalling rubbish again. If you feel so strongly about cobalt then don't have any items that use cobalt. Empty vessel Originally posted by Midlands Eagle
How does this new fella fit in to the scheme of things? Once upon a time Parish used to tell the fans what was going on but he hasn't said a word about the South African cobalt king who seems to have some sort of involvement
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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| Midlands Eagle 26 May 21 12.33pm |
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Originally posted by HKOwen
So you have nothing that runs on lithium-ion rechargeable batteries like mobile phones, laptop, tablet etc. Please don't start your virtue signalling rubbish again. If you feel so strongly about cobalt then don't have any items that use cobalt. Empty vessel Oh dear. If there is any virtue signalling on show it's coming from your direction so please kindly stop posting rubbish
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| Ginger Pubic Wig Wickham de L'Ouest 26 May 21 3.17pm |
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Originally posted by Midlands Eagle
How does this new fella fit in to the scheme of things? Once upon a time Parish used to tell the fans what was going on but he hasn't said a word about the South African cobalt king who seems to have some sort of involvement Would you have a link to said cobalt king being interested?
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| Ginger Pubic Wig Wickham de L'Ouest 27 May 21 6.46am |
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Would love to see the link ME
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