Is a new Stadium financially viable?

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Expand view Topic review: Is a new Stadium financially viable?

Is a new Stadium financially viable?

by merse btpir » 11 Apr 2017, 16:11

....or offer bonds that will be attractive to non emotional participants as well such as in the manner that the board of Aldershot Town did when they took the club out of administration in 2013. They professionally marketed their's and it has been a success.

Is a new Stadium financially viable?

by Neal » 11 Apr 2017, 16:03

Please bare with me, this is meant for discussion.

Ok I asked what the club was paying for an annual rent awhile ago, someone replied and said they thought it was £16000.

So this figure could be wrong, but lets take it as an example.

To earn that in a savings account today with rates of approx 1%, can be slightly more I know depending on fixed etc, you would
have to invest £1600000

If you wanted to get investors to invest at say for example an interest rate of 2% pa on their investment, which is good at todays rates then you would need to have to have a total of £800000.

Even non football fans, just investors might be happy with that.

So someone / us/ TUST whoever could crowdfund this so we could buy the ground for say £800000 and then pay the
investors 2% pa

Expect the normal negative responses.

Is a new Stadium financially viable?

by MellowYellow » 01 Apr 2017, 19:49

AFC Flyde  were a Pub Team in the West Lancashire League  (7th tier) in 2007and now are odds on favourites to win promotion into the Conference Premier being  9 points clear with 5 games to go.    Back in 2007, Flyde set a goal to become a league side by 2022  and next season will be one step closer when they move  into their new  6,000-capacity Mill Farm stadium.

Torquay on the other hand are being geared up to be relegated into the Conference South with the new owners aim for the Gulls to become a Evo-Stick  Division 1 South & West side by 2022, just in time to lay the foundations for the first houses on the hallow ground of Plainmoor.  

You can now see why GI want to build a new stadium or is that an elephant in the room!

Is a new Stadium financially viable?

by SenorDingDong » 29 Mar 2017, 19:24

swindon gull wrote: 29 Mar 2017, 15:49 Thats the picture of the current stadium. The new stadium in 10 years that they have had permission and talked about building it is still a hole in the ground and looks like not happening anytime soon. So expect the same to happen to Torquay. Talking to people who go to the speedway there they all say they are a bunch of crooks so in 10 years time don't expect Torquay to be playing in a nice new shiny stadium.
Back in September/October time they actually did a ground breaking ceremony in Swindon...and have done nothing since. You couldn't make it up. Not quite sure what their end game is in Swindon but they're certainly not achieving much of anything there, maybe they can drag it out longer as I can't imagine running a Speedway team is particularly expensive.

Is a new Stadium financially viable?

by Neal » 29 Mar 2017, 18:13

Announced on South Today that my local club (not that I support it byt the way, go along now and again) now have to ground share as the Camrose has been sold and planning permission was refused for the new site because the locals in that area put up allot of opposition. So ground share with Farnborough the local rivals lol. They also mentioned Whitchurch which I would guess is akin to Dawlish Town.

Is a new Stadium financially viable?

by merse btpir » 29 Mar 2017, 17:27

That's true about Solihull Moors; their land is wanted by the adjacent massive employers and the council are bound to adhere in the interests of the local economy......makes sense. It's is a scuddy little ground that they are doing their best with but there is plenty of 'sporting' land nearby. I don't think anybody at Solihull Moors is dreading this, far from it they see it as an opportunity.

Is a new Stadium financially viable?

by stratfordgull » 29 Mar 2017, 16:43

Any reply from Kevin Foster yet?

Given that he came from Coventry I would have thought that football ground ownership and club owners would be of particular interest to him. He was certainly up here during the initial SISU stuff and is more than aware of what has happened to CCFC, the effects and how the supporters etc are feeling.

Solihull Moors are likely to have their ground purchased by Jaguar Land Rover but they have an expectation that JLR will build them a decent ground somewhere nearby the current one as they have a huge impact on the local community and would probably want to maintain their good image for future developments and land deals. GI don't really have that same need do they?

Is a new Stadium financially viable?

by MellowYellow » 29 Mar 2017, 16:01

Is it! Whoops better delete - thanks for the info

Is a new Stadium financially viable?

by swindon gull » 29 Mar 2017, 15:49

Thats the picture of the current stadium. The new stadium in 10 years that they have had permission and talked about building it is still a hole in the ground and looks like not happening anytime soon. So expect the same to happen to Torquay. Talking to people who go to the speedway there they all say they are a bunch of crooks so in 10 years time don't expect Torquay to be playing in a nice new shiny stadium.

Is a new Stadium financially viable?

by Plainmoor78 » 29 Mar 2017, 15:39

arcadia wrote: 29 Mar 2017, 13:37 It's a shame the Bristows did not secure the ground when they took over and got permission to develop one end of the ground so the club had an income from the flats or houses. It's to late for that but ideas to the council to prove we can survive on the gates we get, might be a a start.
At the moment we are a sitting duck.
Why is it too late? If the mayor decides to sell plainmoor there must be a bidding process according to the terms of the ACV.
Why not approach Thea Bristow to buy the ground as a lasting memorial to her late husband, otherwise the actual memorial to her husband will be facing a wrecking ball.

Is a new Stadium financially viable?

by United62 » 29 Mar 2017, 15:38

MellowYellow wrote: 29 Mar 2017, 15:07 It took them !0 years but GI have built Swindon a new Speedway Stadium - so in 10 years time this is what we may get at the Willows. What do you think, better than what we have already got at Plainmoor. Construction cost £5

https://scontent-lht6-1.xx.fbcdn.net/v/ ... e=59542F67

Is a new Stadium financially viable?

by Plainmoor78 » 29 Mar 2017, 15:30

SenorDingDong wrote: 27 Mar 2017, 19:29 Nick Bye has shown minimal interest in Torquay United over the years, probably the same amount as Gordon Oliver. If you want to get local councillors onside there are many more interesting characters, Adrian Sanders is one that should be focused upon given his support of the team and the amount of connections he must have gained from 18 years as MP.
I think it is a given that Adrian Saunders would support the club, and any approach to him is just preaching to the converted.
The person we need to focus on is Kevin Mowat. It is known he has attended matches at plainmoor, and as he is the person who is going to advise the mayor he is probably the influential person in this whole affair.

Is a new Stadium financially viable?

by MellowYellow » 29 Mar 2017, 15:07

deleted - not factual.

Is a new Stadium financially viable?

by arcadia » 29 Mar 2017, 13:37

It's a shame the Bristows did not secure the ground when they took over and got permission to develop one end of the ground so the club had an income from the flats or houses. It's to late for that but ideas to the council to prove we can survive on the gates we get, might be a a start.
At the moment we are a sitting duck.

Is a new Stadium financially viable?

by Gullscorer » 29 Mar 2017, 12:37

4. And a good FA Cup run.. :) :~D =D :rofl:

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