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Post by Topper Gas on Aug 2, 2015 8:33:14 GMT
The whole point of the original project was the income it would apparently generate. If we are tennants we might only get ticket revenues. Any other money food/drink conferences whatever go to UWE. How would that help? Either UWE pay some one to manage the upkep of the venue and take all the revenue Or a deal is done where we run the stadium and take a % of revenues to cover that cost I assume the UWE need BRFC as much as we need a new stadium so hopefully some acceptable deal can be done? Plus I'd expect the UWE to achieve far greater income streams than ours, who can't even order replica shirts properly. Swansea must be a good blueprint to use? If nothing else we get a 15,000 seat staduim we could fill, rather than a 10,000 mostly terraced staduim |
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Post by Quartermaster on Aug 2, 2015 8:41:19 GMT
...and the Bristol Sport franchises are doing ok as tenants in the duke of guernsey's stadium!
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Post by peterparker on Aug 2, 2015 9:03:08 GMT
...and the Bristol Sport franchises are doing ok as tenants in the duke of guernsey's stadium! Because it is all owned by one man and not at the whim of an external owner or managment.company |
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Post by fanboy on Aug 2, 2015 9:03:55 GMT
The Mem, in terms of its value, is the only asset this club has left. We must be VERY careful when it comes to selling it and moving elsewhere.
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Post by Antonio Fargas on Aug 2, 2015 9:07:40 GMT
The Mem, in terms of its value, is the only asset this club has left. We must be VERY careful when it comes to selling it and moving elsewhere. Yeah, especially if all we effectively get for it is covering the cost of Higgs' mistakes. |
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Post by Strange Gas on Aug 2, 2015 9:28:13 GMT
The whole point of the original project was the income it would apparently generate. If we are tennants we might only get ticket revenues. Any other money food/drink conferences whatever go to UWE. How would that help? Either UWE pay some one to manage the upkep of the venue and take all the revenue Or a deal is done where we run the stadium and take a % of revenues to cover that cost New revenue from non football / match day activities often mentioned but I'm deeply sceptical of that. Granted it will be better than the mem but I can't see a lack of capacity in the area for conferences / events etc so why do they think UWE will be such a draw? Football based model, getting more people to matches and driving up income that way has to be what a football club does. Trying to be conference and events business away from match days just doesn't seem credible to me. We're certainly crap at it today!! So I think as long as we have good relationship with our landlord (flook / Bradshaw probably didn't with eastville), certainty of lease terms and keep match day revenues, this feels like a good way forward. I also think it's a credible story as south glos keen and will have money. Swansea model is a good one in my view and this feels very close to that. |
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Post by madridgas on Aug 2, 2015 9:32:23 GMT
Yes, a combination of poor financial management and the Sainsbury's saga could see us having to sell the Mem and have little funds left. Well actually not us, because we don't own the club, NH etc. do. What was the situation when we first came to the Mem? Probably not much different. If memory serves me correctly, it was largely the rugby clubs demise that gave us the Mem "windfall".
As others have said, Eastville was different because the owners had a better option I.e. Turning the ground into IKEA, whereas it seems that UWE want a stadium. Of course, the split of non ticket income is key...but to my mind there is some real mileage in this...
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Post by Antonio Fargas on Aug 2, 2015 10:00:54 GMT
As others have said, Eastville was different because the owners had a better option I.e. Turning the ground into IKEA, whereas it seems that UWE want a stadium. Of course, the split of non ticket income is key...but to my mind there is some real mileage in this... Not really. When Oxford Stadiums (or whoever it was) bought Eastville, they wanted a stadium, too. Things change. Who knows what better options UWE might have in the future? |
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Post by EssoBlue on Aug 2, 2015 10:09:36 GMT
Not owning our own ground is hardly anything new for BRFC.
Since 1883, we owned Eastville for 19 years and have owned the Mem for 17 years.
That's only 36 years as owners in 132 years!
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Post by Centenary Gas on Aug 2, 2015 10:12:51 GMT
The Mem, in terms of its value, is the only asset this club has left. We must be VERY careful when it comes to selling it and moving elsewhere. Yeah, especially if all we effectively get for it is covering the cost of Higgs' mistakes. I don't see how else they are going to pay for it. Worse still, running up our debt hasn't finished yet. Losing our (£15m) asset to pay for the BOD's ultimate **** ups would be an absolute disgrace. I'm shocked people think its even remotely acceptable. "Sorry love, I went to the casino and lost £100k on roulette. Oh don't worry, I sold the house to pay for it". |
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Post by Congas on Aug 2, 2015 10:24:53 GMT
Those of you old enough to remember, we were tenants at Eastville and look where that got us..!!! I don't think a university is quite the same as a dog racing company with all that entails in the way of 'mob' rule. The income streams are massive in the PL these days compared to when Eastville was sold off and with a proper plan like Swansea have had it could well be possible to purchase the stadium at a later date. The Championship earns a fair amount from the global TV rights as well. You'd need a proper plan, of course, but maybe UWE could help out with a course or two in business accumen and ethics. :-) |
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Post by gasincider on Aug 2, 2015 10:45:51 GMT
Beware what you wish for.
As previously said, the only ace we hold is whether we go there or not. If NH sells the Mem to clear his debts we will have no choice but to go, unless there is an alternative investor out there.
If we move in as tenants, we will have less money than now. Remember we don't pay rent at the moment.
Someone said buy it later on. Who says the UWE would want to? Are they allowed to sell assets? Why share the income streams when they will have it all?
I wonder sometimes what some of our fans are on. If we stay at the Mem we will die. If we go to a Uni owned UWE we will sttagnate/die. What a choice.
We desperately need an investor to build the original UWE with the club as owners. In other words, take us over lock, stock and barrel.
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Post by Topper Gas on Aug 2, 2015 11:11:29 GMT
Likewise you hoping somebody will hand over £30m so we can build the UWE is also living in dreamland?
NH has effectively destroyed the present BRFC it's now how best to pick up the pieces and start again, as we did at Twerton. A UWE owned staduim at least gives us a decent home, as the alternative may well be back ground sharing at Bath, unless somebody else can explain how we pay off our £7/8m debt run up by NH other than selling the Mem?
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Post by Henbury Gas on Aug 2, 2015 11:12:07 GMT
The whole point of the original project was the income it would apparently generate.If we are tennants we might only get ticket revenues. Any other money food/drink conferences whatever go to UWE. How would that help? Either UWE pay some one to manage the upkep of the venue and take all the revenue Or a deal is done where we run the stadium and take a % of revenues to cover that cost With the better facilities on offer i would hope our game receipts would go up.... When you consider the lack of facilities we have at the Mem hovel to generate extra funds it has to be a step forward and also remember we will be debt & Higgs free as well  |
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Post by britishgas on Aug 2, 2015 11:26:29 GMT
Unless somebody like Bath RFC wants to move in what are the UWE going to do with a 15,000 seat stadium other than rent it to Rovers? Who says they'd keep it standing? Who knows how valuable that land will be in 30-50 years? |
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Post by Centenary Gas on Aug 2, 2015 11:41:31 GMT
The whole point of the original project was the income it would apparently generate.If we are tennants we might only get ticket revenues. Any other money food/drink conferences whatever go to UWE. How would that help? Either UWE pay some one to manage the upkep of the venue and take all the revenue Or a deal is done where we run the stadium and take a % of revenues to cover that cost With the better facilities on offer i would hope our game receipts would go up.... When you consider the lack of facilities we have at the Mem hovel to generate extra funds it has to be a step forward and also remember we will be debt & Higgs free as well Higgs free? We are lumbered with the current mob because we owe them money for their mismanagement. They want a piece of any invesment, yet no investor with any brain will want the current BOD near their money. |
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Post by pirateman on Aug 2, 2015 11:47:24 GMT
I would worry about being a tenant again. Never mind Coventry, remember Eastville.
If UWE were willing and allowed to go into a joint project I would definitely be in favour of that.
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Post by Henbury Gas on Aug 2, 2015 11:52:04 GMT
With the better facilities on offer i would hope our game receipts would go up.... When you consider the lack of facilities we have at the Mem hovel to generate extra funds it has to be a step forward and also remember we will be debt & Higgs free as well Higgs free? We are lumbered with the current mob because we owe them money for their mismanagement. They want a piece of any invesment, yet no investor with any brain will want the current BOD near their money. Higgs will be gone when he gets a sniff of any money |
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Post by baggins on Aug 2, 2015 11:52:53 GMT
I must be on my own but if this is actually true then I'm quite excited. Yea we might be tenants, it'll never be our own ground, but it'll get us away from a stadium that is slowly falling apart, into a ground perfect for our needs and if a decent deal could be done on the Mem, walk away with some cash in the bank to improve the squad, go up a division, gain higher attendances.
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Post by tommym9 on Aug 2, 2015 11:55:29 GMT
I must be on my own but if this is actually true then I'm quite excited. Yea we might be tenants, it'll never be our own ground, but it'll get us away from a stadium that is slowly falling apart, into a ground perfect for our needs and if a decent deal could be done on the Mem, walk away with some cash in the bank to improve the squad, go up a division, gain higher attendances. I'm with you, of we don't win the appeal this sounds pretty perfect! |
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