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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 827482 times)
BedsCobb
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« Reply #21720 on: May 15, 2018, 17:22:34 pm »

Still can't see what the problem is with adding tiers to the North and South as per the original design as and when we need them. Add safe standing and it'd be a tidy ground.
Thomas has made it clear we are unworthy of any such redev in order to build up our club.. after all he's a real football man say our more easily sold supporters, those who thought we would be playing on the racecourse for the want of of a piddling little tax bill.
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« Reply #21721 on: May 15, 2018, 17:30:12 pm »

Thomas has made it clear we are unworthy of any such redev in order to build up our club.. after all he's a real football man say our more easily sold supporters, those who thought we would be playing on the racecourse for the want of of a piddling little tax bill.


Still haven't heard where the money would come from to fund it?
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« Reply #21722 on: May 16, 2018, 13:53:34 pm »

Yes you have Deepcut, Beds and Meccano have made numerous suggestions

Still easier to deny and then complain that the same stuff keeps getting said

Another option - use some of the £4m promised by KT
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« Reply #21723 on: May 16, 2018, 20:29:37 pm »

Still haven't heard where the money would come from to fund it?
Yes you have, I've showed you the Preston business model for their new stand at least twice which you said you read!!!
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Rule Britannia
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« Reply #21724 on: May 16, 2018, 22:22:19 pm »

Thomas has made it clear we are unworthy of any such redev in order to build up our club.. after all he's a real football man say our more easily sold supporters, those who thought we would be playing on the racecourse for the want of of a piddling little tax bill.

How have you only made 1700 posts when I've read this exact same one at least 3000 times?
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BedsCobb
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« Reply #21725 on: May 17, 2018, 07:04:38 am »

How have you only made 1700 posts when I've read this exact same one at least 3000 times?
Because the vast majority of 230,000 towns folk plus another 200,000 within 15 miles of Sixfields are disengaged from their local professional football club due its continuing lack of investment in the ground and infrastructure and the subsequent  lack of growth,  thats been going on for decades.
 Would you prefer if I talk about Kevin van Veens best moments in a cobblers shirt?
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« Reply #21726 on: May 17, 2018, 07:19:23 am »

KT's statement of 'no business case for expansion' is correct BUT only if you are looking 6months in advance!

If you take in the time to draw up plans, get planning permission - from our 'efficient!' Council, get quotes, plan a schedule and then build it, we HOPEFULLY will have progressed and will require a 12,000 capacity stadium with modern facilities.

It concerns me that the statement says more about KT's vision and confidence about his management than our long-term needs.

Beds you need not reply as we know your views!!!
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« Reply #21727 on: May 17, 2018, 08:33:28 am »

Yes you have, I've showed you the Preston business model for their new stand at least twice which you said you read!!!

I've slept since then  Grin
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« Reply #21728 on: May 17, 2018, 09:15:46 am »

I've slept since then  Grin
I know the feeling  Grin
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Rule Britannia
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« Reply #21729 on: May 17, 2018, 22:16:06 pm »

The Championship seems to be the target that we aspire to as a minimum? Here are the figures for 2015/2016 which are the latest available. Of the 24 clubs listed only one showed a profit with another (Bolton) not submitting figures at the time of the report. How on any level is a football club supposed to be an attractive investment? Just to give you some idea of what some are claiming. Let’s just suppose the club was to show a 10% profit? That would be a staggering achievement based on the figures here? In the event there was 10million spent on the ground it would require a turnover of over 120 million after corporation tax to get your money back. The club currently turnsover 4 million with no profit on gates of 6000. If you doubled the gate to 12,000 as a rough figure the turnover would be 8 million. Assume another 2 million for tv etc and in the event that the club could perform a miracle in comparison to this report and show a pretax profit of 10% for 12 years straight after corporation tax an “investor” would get their money back. That’s right, not have anything to show for it, just get their money back and that’s if the club performs a miracle. This is also based on the fact that the ground was completely sold out every week (using the 12,000 capacity target) and not taking into account the fact that you have got to build the development in the first place which could add a year or two? Alternatively the investor, and I use the term loosely because they would have to be an idiot, could stick it in the Nationwide and get 3% guaranteed? Hopefully this will give a bit of clarity to the discussion, but I’m not holding my breath?

https://www.insidermedia.com/insider/national/football-finance-championship-club-by-club-2015-16
« Last Edit: May 17, 2018, 22:47:18 pm by Melbourne Cobbler » Report Spam   Logged

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« Reply #21730 on: May 17, 2018, 22:58:42 pm »

The Championship seems to be the target that we aspire to as a minimum? Here are the figures for 2015/2016 which are the latest available. Of the 24 clubs listed only one showed a profit with another (Bolton) not submitting figures at the time of the report. How on any level is a football club supposed to be an attractive investment? Just to give you some idea of what some are claiming. Let’s just suppose the club was to show a 10% profit? That would be a staggering achievement based on the figures here? In the event there was 10million spent on the ground it would require a turnover of over 120 million after corporation tax to get your money back. The club currently turnsover 4 million with no profit on gates of 6000. If you doubled the gate to 12,000 as a rough figure the turnover would be 8 million. Assume another 2 million for tv etc and in the event that the club could perform a miracle in comparison to this report and show a pretax profit of 10% for 12 years straight after corporation tax an “investor” would get their money back. That’s right, not have anything to show for it, just get their money back and that’s if the club performs a miracle. This is also based on the fact that the ground was completely sold out every week (using the 12,000 capacity target) and not taking into account the fact that you have got to build the development in the first place which could add a year or two? Alternatively the investor, and I use the term loosely because they would have to be an idiot, could stick it in the Nationwide and get 3% guaranteed? Hopefully this will give a bit of clarity to the discussion, but I’m not holding my breath?

https://www.insidermedia.com/insider/national/football-finance-championship-club-by-club-2015-16
How about infrastructure bonds? Or long term leasing of the internal space within the stand, not to mention potential grants from the EFL, FA or enabling development on the land around the ground, do you know what the PWLB is?
If everybody in football was borrowing equity from private investors or greedy banks looking for an ROI in 5 years all but the Premier league teams would be playing in 50 year old run down stadiums with terracing, well they aren't so perhaps you can explain?
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Rule Britannia
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« Reply #21731 on: May 17, 2018, 23:19:05 pm »

How about infrastructure bonds? Or long term leasing of the internal space within the stand, not to mention potential grants from the EFL, FA or enabling development on the land around the ground, do you know what the PWLB is?
If everybody in football was borrowing equity from private investors or greedy banks looking for an ROI in 5 years all but the Premier league teams would be playing in 50 year old run down stadiums with terracing, well they aren't so perhaps you can explain?
exactly right, and that’s exactly my point, investors are just out as an option. Therefore please come up with another solution that has some credibility along the lines you suggest? I have never suggested at any point that it is impossible, just leave banks and investors out of the equation. On a separate note I suggest you look at the figures for the Prem? The contrast and sums involved are staggering in comparison to the Championship. It becomes a completely different proposition for those involved in this area. Outside of the Prem practically all of the ground development has taken place as the result of a gift or nonprofit loan over an indefinite period from the likes of local government or a private individual. In my opinion this remains our only realistic hope, happy to be corrected though? Please note though that in my defence at least I often provide some factual evidence to support my argument rather than continually solely relying on commentary, opinion and argument, much of it absolutel b0llocks. Again no problem with that until other supporters are rounded on when they offer an alternative view?
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« Reply #21732 on: May 18, 2018, 00:02:37 am »

I posted PNEs business plan of how they funded their new stand on here twice, now that's Fact.
No sugar daddy or expensive equity.
From memory it's by PwC or Delloite can't remember which.
I think we both agree how it could go forward  Cool
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Rule Britannia
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« Reply #21733 on: May 18, 2018, 00:08:29 am »

I posted PNEs business plan of how they funded their new stand on here twice, now that's Fact.
No sugar daddy or expensive equity.
From memory it's by PwC or Delloite can't remember which.
I think we both agree how it could go forward  Cool
in fairness 04 I wasn’t actually talking about you. From memory I reckon it was you who mentioned the German model but I can’t be arsed to look? In any event that is a way forward worth investigating?
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« Reply #21734 on: May 18, 2018, 00:13:55 am »

Found it
http://democracy.york.gov.uk/documents/s19763/Annex%205%20Community%20Stadium.pdf

I'm off to bed, have a good day mate.
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« Reply #21735 on: May 18, 2018, 01:17:40 am »

Proper interesting read this 04 and underlines the practicalities of the challenges involved. There are a couple of holes in the reports. For example other factors to consider are business rental uptake comparably in the area and comparable rental costs of alternatives? Preston as an example might have low availability of quality office space guaranteeing both 100% (ish) uptake and costs per square foot as a premium. 25 year payback in the case of PNE falls within the remit of a mortgage term for example but I am still not entirely clear on where the initial funding is to come from? The model shows the payback stream but it still needs an initial investment? As I said it’s not impossible but what these reports show are that there are significant hurdles and risks involved in undertaking projects of this kind. Often it may be the case that there may be a will but not a way? Hopefully reasonable people reading this would see that supporters questioning the viability of these schemes have a point and any current or future owners might not be displaying apathy through a fault of their own, and are not necessarily killing the club. They just perhaps can’t raise the required capital. What I would question however is why these individuals get involved in the first place? Any road I better get on with some work, these streets won’t sweep themselves?
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« Reply #21736 on: May 18, 2018, 09:56:50 am »

The Championship seems to be the target that we aspire to as a minimum? Here are the figures for 2015/2016 which are the latest available. Of the 24 clubs listed only one showed a profit with another (Bolton) not submitting figures at the time of the report. How on any level is a football club supposed to be an attractive investment? Just to give you some idea of what some are claiming. Let’s just suppose the club was to show a 10% profit? That would be a staggering achievement based on the figures here? In the event there was 10million spent on the ground it would require a turnover of over 120 million after corporation tax to get your money back. The club currently turnsover 4 million with no profit on gates of 6000. If you doubled the gate to 12,000 as a rough figure the turnover would be 8 million. Assume another 2 million for tv etc and in the event that the club could perform a miracle in comparison to this report and show a pretax profit of 10% for 12 years straight after corporation tax an “investor” would get their money back. That’s right, not have anything to show for it, just get their money back and that’s if the club performs a miracle. This is also based on the fact that the ground was completely sold out every week (using the 12,000 capacity target) and not taking into account the fact that you have got to build the development in the first place which could add a year or two? Alternatively the investor, and I use the term loosely because they would have to be an idiot, could stick it in the Nationwide and get 3% guaranteed? Hopefully this will give a bit of clarity to the discussion, but I’m not holding my breath?

https://www.insidermedia.com/insider/national/football-finance-championship-club-by-club-2015-16
What a load of b*llocks, I mean what Nationwide account pays 3%?    Smiley
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« Reply #21737 on: May 18, 2018, 10:18:52 am »

What a load of b*llocks, I mean what Nationwide account pays 3%?    Smiley

They probably did when he emigrated?
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« Reply #21738 on: May 18, 2018, 11:10:18 am »

They probably did when he emigrated?
No, actually I was talking bollocks, a throw away remark that was ill researched and had no factual basis whatsoever, but I came out with it to emphasise a cheap debating point. At last I feel like I really belong?
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« Reply #21739 on: May 18, 2018, 11:33:14 am »

What a load of b*llocks, I mean what Nationwide account pays 3%?    Smiley
Barton, you run your own business. Can you have a go at explaining to some on here the level of irony involved in the fact that the word bank is almost identical to the word w@nk? Although I must admit, Barclays, w@nkers that they are, shine like beacons of success compared to the NAB.
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