Redevelopment Closer Than Ever?

[guest2539]

KT said to Stuart Linnell (Radio Northampton) last week that the finance is in place and he is making progress with the legal issues over ownership of land and structures, especially in the last 2 and 3 weeks. He let slip that he HOPES to have news in 60 days!


'IN KT WE TRUST' !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!?

[rebelspawn]

If the club was formed 2 weeks ago it would be a stadium filled 50% of the time. What's your point other than historically a badly run club has underacheived? Other than just a few of the Premiership elite, no stadia, in any sport in this country is filled to capacity week in week out. Are those clubs badly run? Did somebody over-estimate? Do you see any clubs with large stadiums that are rarely full pull out seats because they do not make financial sense? The challange with any business is to grow, understand your market for tomorrow and cater for it

The last person to say seats do not make commercial sense was David Cardoza (businessman of the year 2015) Oh and a few of his parrot reciting lovers on here, not realising this to be a pathetic veil to try cover the fact he'd spunked the money. The Emporers clothes.

You want new players signing in January to hopefully do what, lose games? Would you honestly prefer relegation to a promotion challange to prove your point?

So you get your new players and the progress improves, then you may as well say fuck off to new supporters, old supporters who have moved away and cant get to games regularly etc. I'm alright Jack. There's currently an overspill of about 1000 seats for floating, new, old supporters alike. How long do you envisage that to be sufficient if this progression continues?

As far as I was aware KT is looking into all aspects of the stadium including the most cost effective way of increasing capacity.

Tell him it's a mistake.

1) you cannot seriously be suggesting that a two week, two game window is a reasonable sample size to determine whether or not we need expansion. If so, you need to do some research on statistics and relevance of sample size.

2) The clubs that have existing empty seats every week (we are one of those) do not have to pay to have those seats empty. (here is a hint - Google the term 'Sunk costs'). It would be an up front cost to remove them, so does not make financial sense to do so, just as it does not make financial sense to pay an up front cost to add seats when we already have existing empty ones on a regular basis.

someone has already quoted a cost of 1 million to put a thousand seats in. Lets take that as fact for moment. Average ticket price of £20 (and thats being generous) means those 1000 seats would generate 20K when they were sold out. So we would need to fully sell them 50 times over to pay back the investment. Given that we are unlikely to sell out the existing capacity more than 5 times this season, lets assume that we fully sell out those further 1000 seats on all 5 occasions (again i am being generous her), then if we remain in league one, its reasonable to assume the payback period would be around 10 years.

However IF the progression continues, and IF we cease to have empty existing seats on a regular basis, IF we are in the championship, then it may be feasible. That's a lot of IF's. I would prefer to expand further WHEN those things are happening, rather than betting that they will.

[Vintage Cobbler]

In making calculations based on seats sold you are omitting income from the rest of a redeveloped stand in terms of corporate boxes, restaurants & bars plus exterior developments such as conference and hotel facilities.  These need to be factored in plus the fact that the asset value of the club will increase with the property developments.

[Gaztop1]

I get the feeling certain fans on here are happy to stay as we are & never improve either moving up leagues or attempting to make the ground bigger. We need to  expand the ground now & not sit around & wait to get her promoted only to be left with a tinpot little stadium.

[rebelspawn]

In making calculations based on seats sold you are omitting income from the rest of a redeveloped stand in terms of corporate boxes, restaurants & bars plus exterior developments such as conference and hotel facilities.  These need to be factored in plus the fact that the asset value of the club will increase with the property developments.

You Misunderstand by point, i fear. I want the 24/7 revenue developments that you speak of. The completion of the east should allow for them. KT is working on it. There is a sub-section of our fanbase and users on here that are obsessed with the capacity of our stadium. they are not happy with the East being completed to allow for this, they want seats.

My response was simply to highlight that seats wont pay for themselves in the current climate, with current attendances. Any new seats would sit empty the majority of the time.

[rebelspawn]

I get the feeling certain fans on here are happy to stay as we are & never improve either moving up leagues or attempting to make the ground bigger. We need to  expand the ground now & not sit around & wait to get her promoted only to be left with a tinpot little stadium.

We dont have a sugar daddy owner. Any investment needs to be financially viable.

I WANT a massive stadium, full every week. i WANT us to be playing at the highest level. it is unreasonable to EXPECT that at the current time. We are however, making reasonable steps every week to becoming a better supported, more proffessional football club that is engaging the community better than before. I am happy with steady progress because i am a realist. Some on here are not. I have yet to see a single proposal that shows that investment in Seats would be viable. If you have a business plan, please enlighten me...

[Gaztop1]

It's called planning for the future not sitting on our arses getting promoted them whinging the grounds too small.

[rebelspawn]

It's called planning for the future not sitting on our arses getting promoted them whinging the grounds too small.

Ah like Darlington did you mean?

So just to clarify... you have no argument, and more importantly no evidence that putting seats in would be financially viable? just like every other poster who is obsessed with capacity.

You want the tooth fairy to leave us millions under the shell of the East stand to enable the expansion no doubt.

[Shoemaker]

I'm still waiting for shaq wotsisname to turn up!

That seems to have fell on its arse a bit or did I miss him

[Manwork04]

Ah like Darlington did you mean?

So just to clarify... you have no argument, and more importantly no evidence that putting seats in would be financially viable? just like every other poster who is obsessed with capacity.

You want the tooth fairy to leave us millions under the shell of the East stand to enable the expansion no doubt.

What an attitude completely clueless, why don't you ask the tooth fairy for a brain.
We need a bigger away end now, and corporate boxes.

[rebelspawn]

What an attitude completely clueless, why don't you ask the tooth fairy for a brain.
We need a bigger away end now, and corporate boxes.

Corporate boxes i am agreeing with you. Does that mean you don't have a brain either  . You lot love an insult when you cant come up with reasoned logical arguments to counter my points. Its comical.

The away and the home have not both sold out for the same game (apart from Man United, which was a freak fixture) yet. I would propose reducing the home end and giving more of the seats in the east to away fans, when they require it. At least until the East is complete with the corporate boxes. THEN the away end expansion should take prioirty, I agree on that point. but we dont need it NOW.

How many teams do you think will require more than 1500 this season? Please see my calculations in my previous post demonstrating the lack of ROI on any expansion of seating.

[The 12th Marquis of Sixfields]

After another game affected by the wind...

The two empty tiers of the east stand could be filled with as much corporate hospitality/media as possible, as and when funds are available, some of this could be realised through sponsorship packages, stage payments, naming rights and so on. Remodelling it for seats is completely unnecessary, costly and impratical with so much more space available.

For the sake of the enjoyment of paying customers and the team, you cant produce quality football with such strong winds. I hope any future seating capacity increases take place at the ends. Second tier the north/south, fill in the corners and join the stands wherever possible. Do it in stages fine, it can be done this way, (1000 seats will cost just over £1m and if you don't believe me do your own fucking research!) little by little, however possible, sell to whoever (The Carlsberg/Barclaycard/Everbrite/Anusol Stand) don't care just do it.

The south/north are basically the lower tier of the west, so if the west (eventually) wrapped all the way around it would make a perfect 15-17k stadium. Enough, ready for the inevitable Championship and with no wind!!! Hurrah.

Aspire to higher.

how much do you reckon a lower league club gets from a single stand sponsorship then?

[Gaztop1]

Why always Darlington is it because it's the only club to try to prove your point, what about the many other clubs who've redeveloped or build new grounds & seen attendances rise by many thousands. Some will fail but that's the way things are or can't you see that.

[The 12th Marquis of Sixfields]

In making calculations based on seats sold you are omitting income from the rest of a redeveloped stand in terms of corporate boxes, restaurants & bars plus exterior developments such as conference and hotel facilities.  These need to be factored in plus the fact that the asset value of the club will increase with the property developments.

then it'll be more than a million pounds then won't it.
why cant you people understand that if the money isnt there then how is it going to be paid for

[The 12th Marquis of Sixfields]

I'm still waiting for shaq wotsisname to turn up!

That seems to have fell on its arse a bit or did I miss him

what does he have to do with anything other than that he knows kt? would you expect one of your mates to pay for your new conservatory?

[Shoemaker]

what does he have to do with anything other than that he knows kt? would you expect one of your mates to pay for your new conservatory?

I haven't got a conservatory although a friend did build the orangery and stable block for cost.
The fishing lake was also dug out by friends who all mucked in for a few beers.
The grounds were redesigned and cost an arm and a leg but it was all paid for from the sale of some adjacent land(boggy and uneven) which was sold for housing.
In hindsight which is a marvellous thing,I wish I had never sold the land because now we can see the tops of roofs from the indoor swimming pool and it just isn't the same.
Hopefully given three or four years the recently planted trees will grow and mask the problem somewhat.

[Zen Master]

I haven't got a conservatory although a friend did build the orangery and stable block for cost.
The fishing lake was also dug out by friends who all mucked in for a few beers.
The grounds were redesigned and cost an arm and a leg but it was all paid for from the sale of some adjacent land(boggy and uneven) which was sold for housing.
In hindsight which is a marvellous thing,I wish I had never sold the land because now we can see the tops of roofs from the indoor swimming pool and it just isn't the same.
Hopefully given three or four years the recently planted trees will grow and mask the problem somewhat.

.

Sounds like you're the answer Capability Brown

[Tabasco Kid]

I haven't got a conservatory although a friend did build the orangery and stable block for cost.
The fishing lake was also dug out by friends who all mucked in for a few beers.
The grounds were redesigned and cost an arm and a leg but it was all paid for from the sale of some adjacent land(boggy and uneven) which was sold for housing.
In hindsight which is a marvellous thing,I wish I had never sold the land because now we can see the tops of roofs from the indoor swimming pool and it just isn't the same.
Hopefully given three or four years the recently planted trees will grow and mask the problem somewhat.

That is just the perfect answer. 

[everbrite]

It's called planning for the future not sitting on our arses getting promoted them whinging the grounds too small.

Ah got you - you mean the cart before the horse

[WadeyCobbler]

How many teams do you think will require more than 1500 this season? Please see my calculations in my previous post demonstrating the lack of ROI on any expansion of seating.

Bristol Rovers, Pish, Bolton, Coventry, Charlton, Oxford, Sheffield United could all attract greater than 1500.