|
|
Post by Topper Gas on Jun 22, 2019 7:21:49 GMT
|
|
|
|
Post by Gassy on Jun 22, 2019 8:29:04 GMT
Does it include the land?
I'd say £50m sounds about right, if it's built at a decent standard.
I believe the redeveloped Mem was about £40m right? Which makes sense for what 2008? I think UWE was about £40m as well
|
|
|
|
Post by rememberhalifax on Jun 22, 2019 8:29:51 GMT
blimey!could explain why its taking a while to get it of the ground ,must be hard to get the finances in place and to have a plan which will provide plenty of revenue so that it is viable, something which UWE was patently not! cant we through our lot in with the Brabazon project? The BRABAZON has a certain ring to it does it not?think we need to understand how diffilcult this is, from what i read all the development by our neighbors is great but financially it is losing mega money at moment , bit of a reality check.
|
|
|
|
Post by chewbacca on Jun 22, 2019 8:37:32 GMT
Almost as if we shouldn’t have watered about achieving f**k all developments in the 22 years since buying The Mem. Pathetic all round.
|
|
|
|
Post by stuart1974 on Jun 22, 2019 8:54:55 GMT
Does it include the land? I'd say £50m sounds about right, if it's built at a decent standard. I believe the redeveloped Mem was about £40m right? Which makes sense for what 2008? I think UWE was about £40m as well As I recall the UWE project was £40m of which £8m was the land, provided as a leasehold in return for naming rights. That left £32m for actual construction and anciliary costs such as legalities, of which £29m was Sainsburys and the balance from other sources such as grants. As a rule of thumb, basic new stands are in the region of £1m per 1,000 seats. Fitting in other facilities would increase that, so a 20,000 seat stadium could well be between £20m (very austere) and the £50m suggested. In view of the added revenue generating requirements I can see £50m as quite plausible. 5% interest (for example) on £50m would mean a need to generate iro £2.5m just to pay interest, so facilities will need to significant. One example is New Meadow (10,000 seats) which was costed at just over £11m. I would caveat that as just a headline figure, I don't know the detail. |
|
|
|
Post by peterhooper57 on Jun 22, 2019 8:56:20 GMT
£50M or £100M, IMO we are not going to see a new stadium any time soon, WAQ and co living up in Kensington, running some bank in the middle east, with the catch line "evolution not revolution", with the ethos "we will not tell them **** all", really says we will "sweat the asset" an flog it, rather than "we will build it and they will come".
|
|
|
|
Post by Jomo on Jun 22, 2019 9:02:46 GMT
£50M or £100M, IMO we are not going to see a new stadium any time soon, WAQ and co living up in Kensington, running some bank in the middle east, with the catch line "evolution not revolution", with the ethos "we will not tell them **** all", really says we will "sweat the asset" an flog it, rather than "we will build it and they will come". Ah, PessimistGas I remember you from the old forum 😉 |
|
|
|
Post by stuart1974 on Jun 22, 2019 9:03:24 GMT
Almost as if we shouldn’t have watered about achieving f**k all developments in the 22 years since buying The Mem. Pathetic all round. Wasted time and money. I sometimes whistfully wonder what if we had stayed at Eastville another few years what the Martyn/Penrice money could have achieved. |
|
|
|
Post by gassince1957 on Jun 22, 2019 9:34:37 GMT
Almost as if we shouldn’t have watered about achieving f**k all developments in the 22 years since buying The Mem. Pathetic all round. Wasted time and money. I sometimes whistfully wonder what if we had stayed at Eastville another few years what the Martyn/Penrice money could have achieved. We'd have been out of business if we stayed at Eastville. Now, if a chairman of BRFC hadn't gone over the heads of the then board and sold Eastville to the greyhound company, we'd probably be one of the wealthiest clubs in England! |
|
|
|
Post by Topper Gas on Jun 22, 2019 9:34:38 GMT
Does it include the land? I'd say £50m sounds about right, if it's built at a decent standard. I believe the redeveloped Mem was about £40m right? Which makes sense for what 2008? I think UWE was about £40m as well That's just the build cost of a stadium, we've got to find £15/20m for the land. I'd ignore the £30m for the UWE cost as that was just figures suggested by NH, this is based on actual stadium build costs, not just figures calculated on the back of a gag packet! |
|
Marshy
Proper Gas
Posts: 14,132 
|
Post by Marshy on Jun 22, 2019 9:43:44 GMT
Does it include the land? I'd say £50m sounds about right, if it's built at a decent standard. I believe the redeveloped Mem was about £40m right? Which makes sense for what 2008? I think UWE was about £40m as well That's just the build cost of a stadium, we've got to find £15/20m for the land. I'd ignore the £30m for the UWE cost as that was just figures suggested by NH, this is based on actual stadium build costs, not just figures calculated on the back of a gag packet! What’s a gag packet? Is that something that Bolders would use? |
|
|
|
Post by Henbury Gas on Jun 22, 2019 9:45:39 GMT
blimey!could explain why its taking a while to get it of the ground ,must be hard to get the finances in place and to have a plan which will provide plenty of revenue so that it is viable, something which UWE was patently not! cant we through our lot in with the Brabazon project? The BRABAZON has a certain ring to it does it not?think we need to understand how diffilcult this is, from what i read all the development by our neighbors is great but financially it is losing mega money at moment , bit of a reality check. Funny you should say Brabazon..... just had a sneak preview of the plans for the new "Arena" ( will be on public show very soon) and wow O2 eat your heart out ! But no reference to a new stadium on them  |
|
|
|
Post by gasandelectricity on Jun 22, 2019 10:18:27 GMT
Wasted time and money. I sometimes whistfully wonder what if we had stayed at Eastville another few years what the Martyn/Penrice money could have achieved. We'd have been out of business if we stayed at Eastville. Now, if a chairman of BRFC hadn't gone over the heads of the then board and sold Eastville to the greyhound company, we'd probably be one of the wealthiest clubs in England! Wasn’t that well back in the 40s and again to keep us afloat after the impact of the war? |
|
|
|
Post by lpgas on Jun 22, 2019 14:46:24 GMT
does that include the price of the land? Coventry must be cheaper than around Bristol
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jun 22, 2019 15:00:22 GMT
Wouldn't be gaschat without a bit of utter financial guesswork
|
|
|
|
Post by gasandelectricity on Jun 22, 2019 15:39:15 GMT
Wouldn't be gaschat without a bit of utter financial guesswork Watch out, it’ll be gaschat fact soon. |
|
|
|
Post by South Stand Ultra on Jun 22, 2019 15:45:48 GMT
Wouldn't be gaschat without a bit of utter financial guesswork
Guesswork...? I'll have you know they are all ITK, and everything posted is fact, fact.....
|
|
|
|
Post by Topper Gas on Jun 22, 2019 16:10:14 GMT
Wouldn't be gaschat without a bit of utter financial guesswork It's hardly guesswork if you bothered to read the article. In fact it seems the most accurate data we've had on recent stadium build costs. |
|
|
|
Post by womble on Jun 22, 2019 17:23:55 GMT
Does it include the land? I'd say £50m sounds about right, if it's built at a decent standard. I believe the redeveloped Mem was about £40m right? Which makes sense for what 2008? I think UWE was about £40m as well That's just the build cost of a stadium, we've got to find £15/20m for the land. I'd ignore the £30m for the UWE cost as that was just figures suggested by NH, this is based on actual stadium build costs, not just figures calculated on the back of a gag packet! £32m was the figure produced during the Sainsburys appeal and is probably correct. The earth bowl technique to have been employed, drastically reduces the amount of steelwork required. NH may have been a poor football club chairman, but he had spent his working life as a quantity surveyor, so this was something within his area of expertise. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jun 22, 2019 17:55:48 GMT
Wouldn't be gaschat without a bit of utter financial guesswork It's hardly guesswork if you bothered to read the article. In fact it seems the most accurate data we've had on recent stadium build costs. Anytime one of your posts uses the word 'assuming' I think it's safe to say its guesswork. |
|
