guest3429
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Sorry Manny I disagree. You simply must apply the same values as any other business. There are countless examples of businesses who have assets tied up, who also have to be prepared to deal with the unforeseen on a regular basis. It’s the fact that individuals don’t that invariably leads to issues and a primary couple of reasons why businesses fail. Any model, or any other term people care to wrap around it, based on indefinite greater expenditure than income is at significant risk of failure, it is that simple. This whole philosophy based on wealthy individual and the like handouts that had been allowed to evolve is a disgrace as far as I am concerned. As debated countless times on here, the primary alternative seems to be ground development to attract an increase in revenue. A strategy that has proven to have failed a significant number of clubs. Yet somehow we are touted as an example where it will be different and we will sink millions into a what I would describe as pointless folly in some potentially vain attempt to lead us to a brighter future. I’m not always right and make errors of judgment like anyone else. I accept it is possible that we may just pull it off because there are examples of clubs that do. However, to blindly continue along the path we and others like us are going without accepting there is a significant risk is also wrong and people need to start waking up to it and start providing better examples of security than “I reckon”. Because frankly that is what any projections seem to be based on from where I am sitting and I challenge anyone on this forum to provide a shred of credible data, research or other tangible evidence to the contrary.
With respect Melly this is not the place to be openly posting company spreadsheets however I completely agree, unsustainable. I'm not too sure how many F&B retail or entertainment ventures you have dealt with, margins are fine but there are many successful enterprises and I could certainly provide some eye watering yields in this sector. They all have one thing in common however none of them are in any way connected to football. If you go through every ground development since 1994, take out any seating capacity extension, flats etc and focus on the non football business model itself, other than selling the occasional meeting space or conference not one has been utilised to develop a 365 day business. We seem to have a prime example emerging here with the east. Utilising a huge amount of space seems almost an afterthought other than filling it for one single month a year, now unless you're Glastonbury its never going to work. There are many reasons for this but mainly ownership, planning and location are the main factors, but have a look for yourself, i would be interested in your conclusions. https://footballgroundguide.com/I'm obviously not posting my own personal returns here or any of the companies details I am party to but I'm sure you have some figures from successful ventures in this sector you could share? Step out of football for a moment and within the entertainment, F&B sector where do you see post covid growth?
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guest49
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It's the 10 year anniversary of this thread on the 30th May. Are we having a party?
A lot has happened. We've knocked a stand partially down, thrown some seats back in, lost £10m down the back of it somewhere, been up and down the leagues and written over 1,500 pages of mostly speculation. If we had dedicated those man (and woman) hours to constructing the stand we could have built it ourselves.
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guest3429
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It's the 10 year anniversary of this thread on the 30th May. Are we having a party?
A lot has happened. We've knocked a stand partially down, thrown some seats back in, lost £10m down the back of it somewhere, been up and down the leagues and written over 1,500 pages of mostly speculation. If we had dedicated those man (and woman) hours to constructing the stand we could have built it ourselves.
Absolutely Tone! At £131 per post we would have £4m. Most of that would've come from Evers.
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BackOfTheNet
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It's the 10 year anniversary of this thread on the 30th May. Are we having a party?
A lot has happened. We've knocked a stand partially down, thrown some seats back in, lost £10m down the back of it somewhere, been up and down the leagues and written over 1,500 pages of mostly speculation. If we had dedicated those man (and woman) hours to constructing the stand we could have built it ourselves.
In some ways, we should probably hope that the East sits in its half finished state for as long as possible because it will be a sad day when this thread is consigned to the history books. I mean, what will we have to squabble about and where will we go to do it?
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The Hotelend Grand National* Sweepstake Champion 2020
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guest49
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In some ways, we should probably hope that the East sits in its half finished state for as long as possible because it will be a sad day when this thread is consigned to the history books. I mean, what will we have to squabble about and where will we go to do it?
I wouldn't worry about that. We have the new Hotel End, the mega international North stand redevelopment, safe standing, filling the corners in, warehouses, houses, training facilities, kitchen planning, car parking, the missing money...to name but a few. This thread will outlive this web platform and probably most of us!
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Coolcat
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In some ways, we should probably hope that the East sits in its half finished state for as long as possible because it will be a sad day when this thread is consigned to the history books. I mean, what will we have to squabble about and where will we go to do it?
It will simply be the end of the beginning!
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Manwork04
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It wasn't as a reference at all. I just quoted what he said regarding keeping the club "apparently debt free" with reference to Rogers posts. So am I to assume that every time you quote someone, we are to assume you agree and endorse everything they say I can only help so far with this but here goes; reference; the use of a source of information in order to ascertain something, which was David Cardoza in this case, he told you something that you then quoted.
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Rule Britannia
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guest3338
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I can only help so far with this but here goes; reference; the use of a source of information in order to ascertain something, which was David Cardoza in this case, he told you something that you then quoted.
Steady. Don't forget it's Tel's ball he shares with DC and the Marquis.
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Melbourne Cobbler
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With respect Melly this is not the place to be openly posting company spreadsheets however I completely agree, unsustainable. I'm not too sure how many F&B retail or entertainment ventures you have dealt with, margins are fine but there are many successful enterprises and I could certainly provide some eye watering yields in this sector. They all have one thing in common however none of them are in any way connected to football. If you go through every ground development since 1994, take out any seating capacity extension, flats etc and focus on the non football business model itself, other than selling the occasional meeting space or conference not one has been utilised to develop a 365 day business. We seem to have a prime example emerging here with the east. Utilising a huge amount of space seems almost an afterthought other than filling it for one single month a year, now unless you're Glastonbury its never going to work. There are many reasons for this but mainly ownership, planning and location are the main factors, but have a look for yourself, i would be interested in your conclusions. https://footballgroundguide.com/I'm obviously not posting my own personal returns here or any of the companies details I am party to but I'm sure you have some figures from successful ventures in this sector you could share? Step out of football for a moment and within the entertainment, F&B sector where do you see post covid growth? It’s fair to say that this area is not my field, but my post was specifically referencing the East Stand. The information you have provided around your proposals have been somewhat cryptic to date. However I am most keen to see the exact details when they are released because I understand that it is a unique approach to the utilisation of the facility. This is exactly what is needed, a way of generating revenue that is not entirely reliant on football itself. To that end how are things progressing and when will you be in a position to release more detail for evaluation?
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Not a real supporter but unelected chair of the Northampton Town Honorary Supporters Club. (Please note: any opinions given may not necessarily be shared by proper supporters. In incidents of conflict the views of real supporters shall take precedence).
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Manwork04
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Steady. Don't forget it's Tel's ball he shares with DC and the Marquis.
Tel and myself are mates.
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Rule Britannia
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guest3338
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Tel and myself are mates.
That's alright then. I like to think we are all mates with Tel. Still his ball though.
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Terryfenwickatemyhamster
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I can only help so far with this but here goes; reference; the use of a source of information in order to ascertain something, which was David Cardoza in this case, he told you something that you then quoted.
Ok…. You win… You’ll go on forever as usual, unless I agree with you Everbrite Manwork. And nobody wants that
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Smoking Boots
Jr. Member
Offline
Posts: 60
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Is there a trust sweepstake running for the start date of of the East Stand work being continued? Or is there inside info as to when?
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Shoemender
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Tel and myself are mates.
At least he's got one.
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Zen Master
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Good feature on Hearts on Football Focus and their difficult time under dodgy ownership and the fan owned transition afterwards.
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I think someone should just take this city of Peterborough and just... just flush it down the f***in' toilet
The Hotelend Grand National Sweepstake Champion 2022
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Shoemaker
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Is there a trust sweepstake running for the start date of of the East Stand work being continued? Or is there inside info as to when?
Can I go for never and the club being liquidated??
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EB Claret
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Can I go for never and the club being liquidated??
If you so wish! Keep your six fingers crossed
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Shoemaker
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If you so wish! Keep your six fingers crossed
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