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Post by knowall on Mar 27, 2016 13:50:40 GMT
Hopefully we will get some firm news soon as investment partners could mean a number of things. A best case scenario might be that the new owners are looking to acquire the freehold in order to exploit other development opportunities. For example, if they are able to incorporate a hotel, retail or student accommodation into the project the funds generated from these sources would represent an additional income stream. Revenue from the stadium itself could therefore stay with the club. Worst case scenario (apart from a new stadium not happening at all) is that revenue is swallowed up by borrowing costs so, other than having better facilities and increased capacity, the club does not benefit financially.Perhaps the most likely scenario is that we will see a mix of both debt and equity funding from investors who will get a return on aspects of the development that previously didn't exist. You seem to be forgetting that the new owners ARE the Club.(92%)
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Post by Feeling The Blues on Mar 27, 2016 13:56:30 GMT
At some point in the not too distant future the mem in its current guise will be deemed not suitable for football league standards ,it is currently on a par with conf south clubs like Ebbsfleet or bath city. So there is little choice but to either move or rebuild the mem as a 18,000 max all seater with no expansion ever available. The idea of getting a loan/mortgage/investment appears to be scary to some but this will have to happen ,either that or someone else will own the stadium and BRFC will rent it...remember Eastville !. Students like music.....a stadium providing concerts has 10,000 students already on site sounds like a good money spinner to me....well apart from the fact the gigs will be in the summer when the students have gone home mostly....put a retractable roof on though ........ So a mortgage has structured payments which seem high at first but over time hit the pocket less and less , so all (!) You need to do is ensure you have enough income streams to pay the mortgage ,which may need some help in the early years but over time the income streams should provide way more than the mortgage will require. If anyone thinks you can run a football club finances solely on standard ticket money ,pasties and beer they are deluded that won't even cover the wage bill. The club needs income 7 days a week ,every week and you can not get that from the same people ,you need to have different people paying for different things . Yes I know it's all bleeding obvious but we do need to look at a bigger picture not just football ,hence the whole involving and improving the community. As that'swhere agood chunk of the long term money will come from. People keep saying a redeveloped Mem would be restricted to 18,000 if all seater. This is not necessarily true. There have been plans passed for an 18,000 all seater BUT this included a load of student flats on the back of each stand that used up loads of space. Without the Student flats there would be room for a bigger capacity stadium.
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Post by chippenhamgas on Mar 27, 2016 14:07:11 GMT
Worked quite well for Lansdown. Nobody was silly enough to take the investment off of him as he proved too well that it was a perennial loss maker. So he is lumbered with his lot. Don't think he was ever stupid enough to think it was an investment, you always lose money owning football clubs, it's a fact of life. Lansdown may have thrown money down the drain on the field, but the stadium he has paid for will be his legacy, maybe that's enough for him.
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Post by daniel300380 on Mar 27, 2016 14:09:00 GMT
At some point in the not too distant future the mem in its current guise will be deemed not suitable for football league standards ,it is currently on a par with conf south clubs like Ebbsfleet or bath city. So there is little choice but to either move or rebuild the mem as a 18,000 max all seater with no expansion ever available. The idea of getting a loan/mortgage/investment appears to be scary to some but this will have to happen ,either that or someone else will own the stadium and BRFC will rent it...remember Eastville !. Students like music.....a stadium providing concerts has 10,000 students already on site sounds like a good money spinner to me....well apart from the fact the gigs will be in the summer when the students have gone home mostly....put a retractable roof on though ........ So a mortgage has structured payments which seem high at first but over time hit the pocket less and less , so all (!) You need to do is ensure you have enough income streams to pay the mortgage ,which may need some help in the early years but over time the income streams should provide way more than the mortgage will require. If anyone thinks you can run a football club finances solely on standard ticket money ,pasties and beer they are deluded that won't even cover the wage bill. The club needs income 7 days a week ,every week and you can not get that from the same people ,you need to have different people paying for different things . Yes I know it's all bleeding obvious but we do need to look at a bigger picture not just football ,hence the whole involving and improving the community. As that'swhere agood chunk of the long term money will come from. People keep saying a redeveloped Mem would be restricted to 18,000 if all seater. This is not necessarily true. There have been plans passed for an 18,000 all seater BUT this included a load of student flats on the back of each stand that used up loads of space. Without the Student flats there would be room for a bigger capacity stadium. Having no room for no other revenue streams then, so that would be even worse! Where would all the cars park??? No future at the mem.
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Post by RD on Mar 27, 2016 14:11:16 GMT
At some point in the not too distant future the mem in its current guise will be deemed not suitable for football league standards ,it is currently on a par with conf south clubs like Ebbsfleet or bath city. So there is little choice but to either move or rebuild the mem as a 18,000 max all seater with no expansion ever available. The idea of getting a loan/mortgage/investment appears to be scary to some but this will have to happen ,either that or someone else will own the stadium and BRFC will rent it...remember Eastville !. Students like music.....a stadium providing concerts has 10,000 students already on site sounds like a good money spinner to me....well apart from the fact the gigs will be in the summer when the students have gone home mostly....put a retractable roof on though ........ So a mortgage has structured payments which seem high at first but over time hit the pocket less and less , so all (!) You need to do is ensure you have enough income streams to pay the mortgage ,which may need some help in the early years but over time the income streams should provide way more than the mortgage will require. If anyone thinks you can run a football club finances solely on standard ticket money ,pasties and beer they are deluded that won't even cover the wage bill. The club needs income 7 days a week ,every week and you can not get that from the same people ,you need to have different people paying for different things . Yes I know it's all bleeding obvious but we do need to look at a bigger picture not just football ,hence the whole involving and improving the community. As that'swhere agood chunk of the long term money will come from. People keep saying a redeveloped Mem would be restricted to 18,000 if all seater. This is not necessarily true. There have been plans passed for an 18,000 all seater BUT this included a load of student flats on the back of each stand that used up loads of space. Without the Student flats there would be room for a bigger capacity stadium. Yes but where would everyone park? And transport and traffic is horrific. people need to move on. The Mem is NOT our future.
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Post by Feeling The Blues on Mar 27, 2016 14:14:37 GMT
People keep saying a redeveloped Mem would be restricted to 18,000 if all seater. This is not necessarily true. There have been plans passed for an 18,000 all seater BUT this included a load of student flats on the back of each stand that used up loads of space. Without the Student flats there would be room for a bigger capacity stadium. Having no room for no other revenue streams then, so that would be even worse! Where would all the cars park??? No future at the mem. There was plenty of room incorporated in that design for other revenue streams. Also parking is not an issue at the Mem. You just need to walk for 10 mins. It will be a problem at the UWE though with one road out and thousands of cars all trying to leave at the same time. When Reading built the Madjeski people were still on the car park over an hour after the end of the game.
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Post by youmadethatup on Mar 27, 2016 14:18:20 GMT
At some point in the not too distant future the mem in its current guise will be deemed not suitable for football league standards ,it is currently on a par with conf south clubs like Ebbsfleet or bath city. So there is little choice but to either move or rebuild the mem as a 18,000 max all seater with no expansion ever available. The idea of getting a loan/mortgage/investment appears to be scary to some but this will have to happen ,either that or someone else will own the stadium and BRFC will rent it...remember Eastville !. Students like music.....a stadium providing concerts has 10,000 students already on site sounds like a good money spinner to me....well apart from the fact the gigs will be in the summer when the students have gone home mostly....put a retractable roof on though ........ So a mortgage has structured payments which seem high at first but over time hit the pocket less and less , so all (!) You need to do is ensure you have enough income streams to pay the mortgage ,which may need some help in the early years but over time the income streams should provide way more than the mortgage will require. If anyone thinks you can run a football club finances solely on standard ticket money ,pasties and beer they are deluded that won't even cover the wage bill. The club needs income 7 days a week ,every week and you can not get that from the same people ,you need to have different people paying for different things . Yes I know it's all bleeding obvious but we do need to look at a bigger picture not just football ,hence the whole involving and improving the community. As that'swhere agood chunk of the long term money will come from. People keep saying a redeveloped Mem would be restricted to 18,000 if all seater. This is not necessarily true. There have been plans passed for an 18,000 all seater BUT this included a load of student flats on the back of each stand that used up loads of space. Without the Student flats there would be room for a bigger capacity stadium. Not much bigger as the length of the site is restrictive. That would leave a stadium with very few other income streams. Plus I doubt the club would get planning consent for anything bigger. I think the mem would be fine if we decided to be happy as a league one/two side in a stadium like many of the smaller clubs like chesterfield,Walsall,Burton, Rotherham for example with the rare expedition to the championship. BRFC would still need to find the money though to do this and I doubt this model would appeal to our current owners and owners like our previous few boards simply wouldn't have the money to finance it .They cr***ed themselves when the north stand planning consent went through as they didn't have funds for that.
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Post by lulworthgas on Mar 27, 2016 14:18:38 GMT
Having no room for no other revenue streams then, so that would be even worse! Where would all the cars park??? No future at the mem. There was plenty of room incorporated in that design for other revenue streams. Also parking is not an issue at the Mem. You just need to walk for 10 mins. It will be a problem at the UWE though with one road out and thousands of cars all trying to leave at the same time. When Reading built the Madjeski people were still on the car park over an hour after the end of the game. If 18000 people rock up at the mem it will be a nightmare for traffic/parking.
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Post by Feeling The Blues on Mar 27, 2016 14:24:45 GMT
There was plenty of room incorporated in that design for other revenue streams. Also parking is not an issue at the Mem. You just need to walk for 10 mins. It will be a problem at the UWE though with one road out and thousands of cars all trying to leave at the same time. When Reading built the Madjeski people were still on the car park over an hour after the end of the game. If 18000 people rock up at the mem it will be a nightmare for traffic/parking. Would it? How do the likes of Newcastle, Liverpool, Everton. Villa, West Brom get by then in equally cramped surroundings in the middle of city's with little parking on site?
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Post by youmadethatup on Mar 27, 2016 14:33:47 GMT
If 18000 people rock up at the mem it will be a nightmare for traffic/parking. Would it? How do the likes of Newcastle, Liverpool, Everton. Villa, West Brom get by then in equally cramped surroundings in the middle of city's with little parking on site? I couldn't say for all grounds but the main prob at the mem is there is only access to the stadium site from one direction (Filton Ave)
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Post by lulworthgas on Mar 27, 2016 14:38:36 GMT
Newcastle is in the city centre, loads of parking. Liverpool and Everton have lots of car parks around their stadiums as well as street parking. West brim again has loads of private car parks Villa has an exclusion zone do you can not park. I reckon they are the most similar to rovers in terms of location.
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Post by Deleted on Mar 27, 2016 15:00:16 GMT
If 18000 people rock up at the mem it will be a nightmare for traffic/parking. Would it? How do the likes of Newcastle, Liverpool, Everton. Villa, West Brom get by then in equally cramped surroundings in the middle of city's with little parking on site? Newcastle- public transport and shanksys pony. Liverpool and Everton fans walk with the out of towners using street parking or public transport. Villa have some massive car parks nearby and the gravel pitches under the motorway where you can park for 5-10 quid. West Brom-no idea. I bet a tiny % of our fans walk compared to that list. Also our public transport is shocking. Apart from a scabby bus you can get an overpriced taxi.
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Post by islandgas on Mar 27, 2016 15:23:49 GMT
I thought SH has already stated that development of the mem is a non starter. All the noises from BRFC are about UWE. No doubt it will look different to the original scheme but reading between the lines that will be a good thing because as a result there will be increased revenue streams.
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Post by Topper Gas on Mar 27, 2016 16:52:20 GMT
Redeveloping the Mem is surely a non starter on at least two grounds, firstly, the site is not big enough for a 20,000+ capacity ground and getting pp would be a another nightmare now.
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Post by Quartermaster on Mar 27, 2016 21:59:59 GMT
I thought SH has already stated that development of the mem is a non starter. All the noises from BRFC are about UWE. No doubt it will look different to the original scheme but reading between the lines that will be a good thing because as a result there will be increased revenue streams. I wonder how different and whether it will require a new planning application?
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Post by Antonio Fargas on Mar 27, 2016 22:04:54 GMT
I thought SH has already stated that development of the mem is a non starter. All the noises from BRFC are about UWE. No doubt it will look different to the original scheme but reading between the lines that will be a good thing because as a result there will be increased revenue streams. I wonder how different and whether it will require a new planning application? I honestly don't think I could stand another round of planning applications.
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Post by youmadethatup on Mar 27, 2016 22:10:44 GMT
I thought SH has already stated that development of the mem is a non starter. All the noises from BRFC are about UWE. No doubt it will look different to the original scheme but reading between the lines that will be a good thing because as a result there will be increased revenue streams. I wonder how different and whether it will require a new planning application? Was it not mentioned a possible target of playing the 2018/19 season there.....with a 62 week build ?? So Iguess upto a year more of planning ?
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Post by aghast on Mar 27, 2016 22:16:05 GMT
I thought SH has already stated that development of the mem is a non starter. All the noises from BRFC are about UWE. No doubt it will look different to the original scheme but reading between the lines that will be a good thing because as a result there will be increased revenue streams. I wonder how different and whether it will require a new planning application? If our new owners are clever, and I'm sure they're cleverer than me, if the initial constuction is within the agreed footprint of the planning application, the work can start. If they want to increase the area or height, they can apply for planning approval as the build proceeds, without having to delay the whole project.
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