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Post by daniel300380 on Feb 28, 2017 11:07:26 GMT
People who get frustrated at the 'delays' need to consider a few hard facts. Assume we need £40m to develop the stadium. If we assume we have 40 years to repay the loan at say 5% per annum, we have to generate £3m per year that we don't have now. Put it another way, that is £250k per month or £62500 per week. That is impossible, so we need the additional land to generate income from other businesses. Say an additional £10m to buy and develop the additional land. We now need to repay £1.25m per annum plus interest of £2.5m. That is £3.75m per annum. Put another way that is £312,500 per month we do not currently have, or £78k per week. Eye watering isn't it. Now you can see why without the additional land, the project cannot move forward. Will we get it? Who knows. Surely naming rights for the ground will bring in quite a bit. If we are buying the land, we should then be able to sell the naming rights. With Waels contacts I would have thought that would bring in quite a bit. Brighton seem to be doing OK and amex sponsor their stadium, new training ground and shirts. Plus the other facilities will bring in extra revenue, plus wasn't it able to hold a few concerts a year etc? Not to mention the extra revenue from matches, more corporate facilities etc. Plus we have been told funding is in place, we might even have other people interested in investing money and coming on board. All other clubs seem to pay it off OK, there are plenty of ways and they still make extra money to bring in better players.
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Post by Henbury Gas on Feb 28, 2017 11:20:04 GMT
People who get frustrated at the 'delays' need to consider a few hard facts. Assume we need £40m to develop the stadium. If we assume we have 40 years to repay the loan at say 5% per annum, we have to generate £3m per year that we don't have now. Put it another way, that is £250k per month or £62500 per week. That is impossible, so we need the additional land to generate income from other businesses. Say an additional £10m to buy and develop the additional land. We now need to repay £1.25m per annum plus interest of £2.5m. That is £3.75m per annum. Put another way that is £312,500 per month we do not currently have, or £78k per week. Eye watering isn't it. Now you can see why without the additional land, the project cannot move forward. Will we get it? Who knows. Surely naming rights for the ground will bring in quite a bit. If we are buying the land, we should then be able to sell the naming rights. With Waels contacts I would have thought that would bring in quite a bit. Brighton seem to be doing OK and amex sponsor their stadium, new training ground and shirts. Plus the other facilities will bring in extra revenue, plus wasn't it able to hold a few concerts a year etc? Not to mention the extra revenue from matches, more corporate facilities etc. Plus we have been told funding is in place, we might even have other people interested in investing money and coming on board. All other clubs seem to pay it off OK, there are plenty of ways and they still make extra money to bring in better players. .... and don't forget the Clark's Pie shop, always good revenue with them !
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Post by Deleted on Feb 28, 2017 11:24:11 GMT
Surely naming rights for the ground will bring in quite a bit. If we are buying the land, we should then be able to sell the naming rights. With Waels contacts I would have thought that would bring in quite a bit. Brighton seem to be doing OK and amex sponsor their stadium, new training ground and shirts. Plus the other facilities will bring in extra revenue, plus wasn't it able to hold a few concerts a year etc? Not to mention the extra revenue from matches, more corporate facilities etc. Plus we have been told funding is in place, we might even have other people interested in investing money and coming on board. All other clubs seem to pay it off OK, there are plenty of ways and they still make extra money to bring in better players. .... and don't forget the Clark's Pie shop, always good revenue with them ! Do you reckon Hugo's Dildo Emporium will be in with a shout?
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Post by Topper Gas on Feb 28, 2017 11:33:24 GMT
You can't compare land values for, what I believe, is green belt land on the outskirts of Almondsbury with prime development land in Filton. As far as the stadium as the club will now own it the UWE will obtain little real benefit, ie it will no longer be called the UWE Stadium etc, hence, why they now seemingly want a good price for the land as subject to pp from S Glos they could sell the land for any developement. You really can't stop can you? What basis in FACT do you have for saying any of the stuff in bold? Wael has clearly said the club now wan't to buy the land, if they do the stadium won't be called the UWE, so apart from having a football stadium on their doorstep what are the UWE going to gain if they don't own the land or the stadium? The end part I said "seemingly" as Wael hasn't confirmed that but that's what I understand is the case, as does Gasincider, whose now gone a bit further and even quoted land values.
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stuart1974
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Post by stuart1974 on Feb 28, 2017 11:34:26 GMT
.... and don't forget the Clark's Pie shop, always good revenue with them ! Do you reckon Hugo's Dildo Emporium will be in with a shout? Will the Council deem it an erection?
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Post by Henbury Gas on Feb 28, 2017 11:43:14 GMT
.... and don't forget the Clark's Pie shop, always good revenue with them ! Do you reckon Hugo's Dildo Emporium will be in with a shout? I understand he has taken a double unit with free "try before you buy" rooms. He has also asked me to install some CCTV for "security" reasons
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Post by tommym9 on Feb 28, 2017 11:53:05 GMT
Didn't someone say that UWE couldn't sell the land because they had been given it? If so we're going to be leasing the land and I imagine that's the sticking point in the negotiations.
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yattongas
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Post by yattongas on Feb 28, 2017 11:55:12 GMT
You can't extend the roof over the east terrace as anyone in the Dribuild (yes thats me!) would no longer be able to see the corner of the pitch! Good point well made ! I forgot about you posh gits in the seats.
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Post by LJG on Feb 28, 2017 12:12:36 GMT
You really can't stop can you? What basis in FACT do you have for saying any of the stuff in bold? Wael has clearly said the club now wan't to buy the land, if they do the stadium won't be called the UWE, so apart from having a football stadium on their doorstep what are the UWE going to gain if they don't own the land or the stadium? The end part I said "seemingly" as Wael hasn't confirmed that but that's what I understand is the case, as does Gasincider, whose now gone a bit further and even quoted land values. Again what factual basis do you have for saying this?
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Post by RD on Feb 28, 2017 12:17:02 GMT
Clearly b0llocks. I could go on the FB Appreciation page, Twitter - or even here probably - and post that someone in the club told me that Katie Price is our new head scout and within minutes you'd have others piping up saying "Yeh I've heard the same actually". Sad little people pretending to be ITK. On the whole I tend to agree with you but the (as far as I know) person who first put this on FB is a good friend of mine and in no way is an attention seeker or sad little person pretending to be ITK, he told me about it Sunday morning at first and seems very confident, he was correct with info he told me about the takeover. I'm not saying he's right, he may be or may not be, just that he's not Chimp or anyone trying to seem important and ITK like that. Sorry - I meant more the people who go "yeh, I heard that". When they haven't heard sh*t; they just think the original poster may be proven correct and, by saying they "heard it too", they will look to be ITK if it is confirmed to be accurate.
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Post by baggins on Feb 28, 2017 12:20:09 GMT
On the whole I tend to agree with you but the (as far as I know) person who first put this on FB is a good friend of mine and in no way is an attention seeker or sad little person pretending to be ITK, he told me about it Sunday morning at first and seems very confident, he was correct with info he told me about the takeover. I'm not saying he's right, he may be or may not be, just that he's not Chimp or anyone trying to seem important and ITK like that. Sorry - I meant more the people who go "yeh, I heard that". When they haven't heard sh*t; they just think the original poster may be proven correct and, by saying they "heard it too", they will look to be ITK if it is confirmed to be accurate. I've heard that aswell.
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Post by philbemmygas on Feb 28, 2017 12:23:37 GMT
Objection your honour, could I ask for that point to be removed from my learned colleagues statement. Or some other bolloxs, I heard we were looking for a similar setup as at Mkfranchise, Hotel, fast food outlets etc etc. Still some way from extracting that skydiver from 79
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Post by Topper Gas on Feb 28, 2017 12:55:26 GMT
Wael has clearly said the club now wan't to buy the land, if they do the stadium won't be called the UWE, so apart from having a football stadium on their doorstep what are the UWE going to gain if they don't own the land or the stadium? The end part I said "seemingly" as Wael hasn't confirmed that but that's what I understand is the case, as does Gasincider, whose now gone a bit further and even quoted land values. Again what factual basis do you have for saying this? Do you seriously think we are going to pay £xm's for the land plus £xm's to build the stadium then call it the UWE Stadium, if so, we might as well stick with NH's original lease/naming rights swap and save on buying the land in the first place?
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Post by lympstonegas on Feb 28, 2017 12:59:46 GMT
Bumping along to page 9..........
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Post by baggins on Feb 28, 2017 13:05:37 GMT
Bumping along to page 9.......... Woooo hoooo!!!!
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Post by Deleted on Feb 28, 2017 13:06:15 GMT
Didn't someone say that UWE couldn't sell the land because they had been given it? If so we're going to be leasing the land and I imagine that's the sticking point in the negotiations. This is what I've heard.
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Post by baggins on Feb 28, 2017 13:06:38 GMT
Objection your honour, could I ask for that point to be removed from my learned colleagues statement. Or some other bolloxs, I heard we were looking for a similar setup as at Mkfranchise, Hotel, fast food outlets etc etc. Still some way from extracting that skydiver from 79 Hey, this is all very serious stuff I'll have you know.
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Post by Topper Gas on Feb 28, 2017 13:24:14 GMT
Didn't someone say that UWE couldn't sell the land because they had been given it? If so we're going to be leasing the land and I imagine that's the sticking point in the negotiations. This is what I've heard. The suggestion by Henbury(?) was as the UWE got the land on the cheap from HP so may have to pass some of the proceeds over to them, there's no evidence that is the case or it's having any bearing on the talks, although possibly it makes leasing more attractive to the UWE, after all they apparently approached Rovers with the lease rather than purchase idea originally.
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Post by gasincider on Feb 28, 2017 13:25:29 GMT
There was no point in going into detail about where our future income would come from. But naming rights is indeed a valuable commodity. But they become worth more the further up the pyramid you go. Originally, it was suggested they would be worth about £1m per year based on our current level. Also concerts should also raise well over a million per annum.
There are business conventions on site etc etc. But we are still over a million short. We have to get the additional land to fund the project. Can it be done by leasing the additional land? Depends on the terms of the lease.If indeed the UWE are prepared to let us get hold of it one way or the other.
Car parking is another major issue which I assume still needs resolving.
Remember, that assuming we get to break even point, we still need to generate funds for team building etc. Roll on the premiership eh?
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Post by gasincider on Feb 28, 2017 13:32:00 GMT
Topper. The land was bought from HP for peanuts on condition it was to be used for educational purposes. You can bet HP will want their pound of flesh if it's now being sold to us.
You also assume that if we buy the land that the stadium is being built on, and I believe they are happy for us to do so, that we will be able to sell the naming rights. I hope you are right, but who is to say that UWE may not insist on it being called the UWE Stadium for the first 5 years or whatever as part of the deal. We would need to be able to sell naming rights though as part of the ability to fund the project.
Let's just hope the last major issues are resolved shortly.
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