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Post by gashead4ever on Feb 17, 2023 23:32:48 GMT
sh** idea if the mem is left with no TARPAULIN tents
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Post by gashead1981 on Feb 18, 2023 6:01:30 GMT
So how are we going to finance the £3k+ per seat build which would see the club approx £50m in debt? It’s not that I don’t want to see the Mem redeveloped, personally I would love us to, I just don’t see how it’s fiscally possible to a) build b) get a return c) make it the best long term solution without a decent plan for points a and b. Well as I've said before there are plenty of revenue generating opportunities at the Mem if we maximise the space, which would mean giving up a lot of the car park, of course. Restaurants, bars, hotel, conference and hospitality facilities, daytime and evening events. It would be a long term return for investors, but it could be done if someone with deep pockets and time felt inclined to invest. Of course that's easy for me to say looking in from the outside. That’s the struggle with the site aghast. Location for the things you have mentioned. Getting any form of late night entertainment outside of matchdays for restaurants and bars would likely be declined. Would people come and stay at a hotel at the top of Gloucester Rd? It’s not exactly close to the centre, there is nothing else to see that the city can offer there and you already have the Hilton at Aztec and the travel lodge on the Filton runway on much better transport road links than Gloucester Road. I’m not trying to be an Eeyore about the site, I just think about what is realistic for any development. The best way I could see it working if we built some apartments on the site and sold those for private housing/rental or student accommodation as before. |
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Post by Topper Gas on Feb 18, 2023 8:18:56 GMT
What's the obsession with a hotel at the Mem, it's not like most football grounds have one on site. All it needs is facilities that can generate money on non-match days.
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Post by gashead1981 on Feb 18, 2023 8:37:53 GMT
What's the obsession with a hotel at the Mem, it's not like most football grounds have one on site. All it needs is facilities that can generate money on non-match days. A few of the bigger stadiums have them that also have decent conferencing and venue facilities along side them. The idea being if you get companies that rent a venue for a 3 day training course you get the overnight hotel revenue too. It needs to be in the right area for it though. |
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Post by playtowin on Feb 18, 2023 8:58:35 GMT
So,please correct me where im wrong here.
The area of the fruit market will be bought by an outside company. They will build a neighbourhood with various uses. One of those uses being a sports stadium.
That company will own the stadium.
Rovers will have a very long lease on an agreed small rent.
Part of the deal will see that company buying the Mem site at a favourable price im guessing.
Still sounds like the outside company are being short changed. There must be more financial benefit for them surely ?
Sponsorship of the stadium name perhaps ?
Or is it them building the stadium gets them as preferred constructor for that whole section of land to build many other high income projects ?
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Post by Dirt Dogg on Feb 18, 2023 9:05:31 GMT
What's the obsession with a hotel at the Mem, it's not like most football grounds have one on site. All it needs is facilities that can generate money on non-match days. It’s not exactly a prime spot for a hotel either. |
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Post by kampucheagas on Feb 18, 2023 9:16:08 GMT
So,please correct me where im wrong here. The area of the fruit market will be bought by an outside company. They will build a neighbourhood with various uses. One of those uses being a sports stadium. That company will own the stadium. Rovers will have a very long lease on an agreed small rent. Part of the deal will see that company buying the Mem site at a favourable price im guessing. Still sounds like the outside company are being short changed. There must be more financial benefit for them surely ? Sponsorship of the stadium name perhaps ? Or is it them building the stadium gets them as preferred constructor for that whole section of land to build many other high income projects ? To me it sounds like it’s Rovers who get the raw deal in that scenario!! Hardly a poor deal for a company who (A) own the stadium (B) lease it out (C) buy prime land off us to develop at a profit I’m no expert but that sounds alright to me UTG |
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Post by playtowin on Feb 18, 2023 9:28:03 GMT
So,please correct me where im wrong here. The area of the fruit market will be bought by an outside company. They will build a neighbourhood with various uses. One of those uses being a sports stadium. That company will own the stadium. Rovers will have a very long lease on an agreed small rent. Part of the deal will see that company buying the Mem site at a favourable price im guessing. Still sounds like the outside company are being short changed. There must be more financial benefit for them surely ? Sponsorship of the stadium name perhaps ? Or is it them building the stadium gets them as preferred constructor for that whole section of land to build many other high income projects ? To me it sounds like it’s Rovers who get the raw deal in that scenario!! Hardly a poor deal for a company who (A) own the stadium (B) lease it out (C) buy prime land off us to develop at a profit I’m no expert but that sounds alright to me UTG They would have paid a lot to own the stadium which has a small income for 100 years (?). We would get a 'free stadium' then pay a small rent plus have several millions to invest in the squad.So long as Rovers have income streams at the stadium its a good deal at first glance. I just wonder what the outside company get for their £70 million investment. |
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Post by bluestickgas1 on Feb 18, 2023 9:36:32 GMT
So,please correct me where im wrong here. The area of the fruit market will be bought by an outside company. They will build a neighbourhood with various uses. One of those uses being a sports stadium. That company will own the stadium. Rovers will have a very long lease on an agreed small rent. Part of the deal will see that company buying the Mem site at a favourable price im guessing. Still sounds like the outside company are being short changed. There must be more financial benefit for them surely ? Sponsorship of the stadium name perhaps ? Or is it them building the stadium gets them as preferred constructor for that whole section of land to build many other high income projects ? To me it sounds like it’s Rovers who get the raw deal in that scenario!! Hardly a poor deal for a company who (A) own the stadium (B) lease it out (C) buy prime land off us to develop at a profit I’m no expert but that sounds alright to me UTG My understanding about the Fruit Market deal if it comes off is that the outside company will own the land that we will pay rent on. We will (along with any outside investment if Wael goes down that route) will fund and own the stadium build which we will get the revenue from, they will get the Mem land as payment towards what they would have put in towards building the stadium. They’ll likely build housing or similar on the Mem land meaning that they’ll get a sizeable return on that land. Means we pay peppercorn rent for say 1000 years for the land, we only need to pay say 50% off what a stadium would normally cost because they pay us £20m or whatever for the Mem, we get full revenue income from the stadium, they probably have some free advertising in the stadium, they build housing on the Mem and get say £30m in return (total guess)…. win win for both organisations….. |
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Post by percy on Feb 18, 2023 9:41:38 GMT
This is not the FM thread. Don’t make me come over there
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Post by bluestickgas1 on Feb 18, 2023 9:50:31 GMT
This is not the FM thread. Don’t make me come over there Ha ha…. |
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Post by bluestickgas1 on Feb 18, 2023 9:52:02 GMT
Re the new stand - I think it’s still going to be a temporary build but with a fixed solid roof and bigger and L shaped so should in theory still provide the ROI
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Post by playtowin on Feb 18, 2023 9:53:04 GMT
This is not the FM thread. Don’t make me come over there Ooo arr i forgot that. Ok...how many rows of seats do we think the new stand will have ? 10,15,20,25,30 ? |
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Post by gulfofaden on Feb 18, 2023 10:02:48 GMT
Man, if only I won euro millions. I would just give the club 20m to make stadium a lot easier (ideally new one at FM) but with some conditions. The swankiest suite to be named after me, an on site accommodation for me, forever for the use of my family and descendents. A permanent box, and other privileges like getting the odd MOM call, and invitation to club dinners and events, and the same for descendents. Basically just to be always a VIP at the club forever and for those following me.
I wouldn’t want any ownership beyond this. Maybe a small % just in case we because a giant one day.
Gotta go buy a ticket for a start.
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Post by oldie on Feb 18, 2023 10:02:54 GMT
To me it sounds like it’s Rovers who get the raw deal in that scenario!! Hardly a poor deal for a company who (A) own the stadium (B) lease it out (C) buy prime land off us to develop at a profit I’m no expert but that sounds alright to me UTG My understanding about the Fruit Market deal if it comes off is that the outside company will own the land that we will pay rent on. We will (along with any outside investment if Wael goes down that route) will fund and own the stadium build which we will get the revenue from, they will get the Mem land as payment towards what they would have put in towards building the stadium. They’ll likely build housing or similar on the Mem land meaning that they’ll get a sizeable return on that land. Means we pay peppercorn rent for say 1000 years for the land, we only need to pay say 50% off what a stadium would normally cost because they pay us £20m or whatever for the Mem, we get full revenue income from the stadium, they probably have some free advertising in the stadium, they build housing on the Mem and get say £30m in return (total guess)…. win win for both organisations….. I heard a slightly different scenario. The developers would own the whole development, build and own the stadium and lease it to the club. They would take control of the Mem and develop that for housing. For his part of this deal Dwane Sports would have a percentage of the total development of the FM. This was a sticking point because he wanted 25%...which the developers refused. Admittedly I was told a while back. Perhaps Dwane Sports think they can realise more capital out of a sale through listing the club and grounds with BDO London (still current I think) Rumours abound of an £8M bid rejected and an interested party withdrawing after a period of due diligence. All rumours, amongst others |
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Post by gashead1981 on Feb 18, 2023 10:14:33 GMT
This is not the FM thread. Don’t make me come over there 🎵Come and join us come and join us come and join us over here…🎵 |
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Post by Deleted on Feb 18, 2023 10:57:27 GMT
To me it sounds like it’s Rovers who get the raw deal in that scenario!! Hardly a poor deal for a company who (A) own the stadium (B) lease it out (C) buy prime land off us to develop at a profit I’m no expert but that sounds alright to me UTG They would have paid a lot to own the stadium which has a small income for 100 years (?). We would get a 'free stadium' then pay a small rent plus have several millions to invest in the squad.So long as Rovers have income streams at the stadium its a good deal at first glance. I just wonder what the outside company get for their £70 million investment. By including the sports complex within their plans they used it to win over the planners, council and Mayor who favoured such a mixed use site. Perhaps some of the more lucrative parts of the development wouldn't have been possible to get past the planners without the inclusion of a sports complex. Just something a planning expert mentioned to me. |
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Post by Deleted on Feb 18, 2023 11:47:48 GMT
Club release picture of new South Stand to increase stadium capacity. CEO Tom Gorringe said, "Supporters can now see the need to have a solid roof on the new design."  |
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Post by 2nd May 1990 on Feb 18, 2023 11:54:46 GMT
Club release picture of new South Stand to increase stadium capacity. CEO Tom Gorringe said, "Supporters can now see the need to have a solid roof on the new design." And an increase in capacity to 150,000 |
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Post by yattongas on Feb 18, 2023 12:23:19 GMT
Was it a Wolves fan who fell through a stand roof after climbing up for an away game somewhere?
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