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Post by bigmartin on May 14, 2023 13:10:45 GMT
He unequivocally ruled a ground move out though and I don't get the impression these guys would lie about this. I got the feeling that JV was teeing us up for "not yet, but when the wider economic issues around material costs reduce" Is there any indication that building materials, inflation, interest rates are going to come anywhere close to where they were pre covid in the short to medium term though? I feel like if we're waiting for that we could be waiting a long time. Pre-covid interests rates were a 15 year aberration to be honest. But, building materials should reduce significantly. Cost of building materials (and labour) is dictated by supply and demand as well as inflation. Supply is a major problem right now. Inflation will come back down in due course. No-one in their right mind would embark on expensive building projects right now in my opinion. It makes no sense. I'm no expert by the way. Just a layman saying how I personally see things, knowing what (little) I know. |
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Post by suedehead on May 14, 2023 13:52:12 GMT
Is that an accurate comparison, though? A 5000 seater stand should “earn” about £2 million pounds a year. A 200-room student apartment block would “earn” about the same, which is what? 20 storeys? Surely a football stand costs a fraction to build of what a 20 storey apartment block does? No? That assumes that all tickets are sold for every game at full adult price though; £2 million is maximum. Looking at Vita's two buildings in Manchester alone; one has 1100 rooms with a minimum rent of £335 per week and the other has 279 rooms at a minimum of £326 per week. In the same time period as that stand has made £2 million, those two buildings alone have brought in almost £24 million as a minimum. £335 a week! Assume that’s all Japanese/Chinese students and a load of hoorahs from Cheshire occupying those places? My student flat in town was £56 a week, right across the road from some of the Vita ones down by Home. I’m sure they’re nicer than my house but that’s not the student experience is it? Bare breeze block walls, a shitty single bed and threadbare carpet is what it’s all about. Your own sink if you’re lucky! |
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Post by mat1scfc on May 14, 2023 13:55:12 GMT
That assumes that all tickets are sold for every game at full adult price though; £2 million is maximum. Looking at Vita's two buildings in Manchester alone; one has 1100 rooms with a minimum rent of £335 per week and the other has 279 rooms at a minimum of £326 per week. In the same time period as that stand has made £2 million, those two buildings alone have brought in almost £24 million as a minimum. £335 a week! Assume that’s all Japanese/Chinese students and a load of hoorahs from Cheshire occupying those places? My student flat in town was £56 a week, right across the road from some of the Vita ones down by Home. I’m sure they’re nicer than my house but that’s not the student experience is it? Bare breeze block walls, a shitty single bed and threadbare carpet is what it’s all about. Your own sink if you’re lucky! the times says its £250 a week and that includes a studio, cleaning, breakfast and utility bills |
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Post by Nik on May 14, 2023 14:06:56 GMT
£335 a week! Assume that’s all Japanese/Chinese students and a load of hoorahs from Cheshire occupying those places? My student flat in town was £56 a week, right across the road from some of the Vita ones down by Home. I’m sure they’re nicer than my house but that’s not the student experience is it? Bare breeze block walls, a shitty single bed and threadbare carpet is what it’s all about. Your own sink if you’re lucky! the times says its £250 a week and that includes a studio, cleaning, breakfast and utility bills Vita's website says £335. |
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Post by vicar on May 14, 2023 14:09:58 GMT
That assumes that all tickets are sold for every game at full adult price though; £2 million is maximum. Looking at Vita's two buildings in Manchester alone; one has 1100 rooms with a minimum rent of £335 per week and the other has 279 rooms at a minimum of £326 per week. In the same time period as that stand has made £2 million, those two buildings alone have brought in almost £24 million as a minimum. £335 a week! Assume that’s all Japanese/Chinese students and a load of hoorahs from Cheshire occupying those places? My student flat in town was £56 a week, right across the road from some of the Vita ones down by Home. I’m sure they’re nicer than my house but that’s not the student experience is it? Bare breeze block walls, a shitty single bed and threadbare carpet is what it’s all about. Your own sink if you’re lucky! Was the landlord called Jerzei Balowski? |
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Post by The Real Exile on May 14, 2023 14:17:37 GMT
That assumes that all tickets are sold for every game at full adult price though; £2 million is maximum. Looking at Vita's two buildings in Manchester alone; one has 1100 rooms with a minimum rent of £335 per week and the other has 279 rooms at a minimum of £326 per week. In the same time period as that stand has made £2 million, those two buildings alone have brought in almost £24 million as a minimum. £335 a week! Assume that’s all Japanese/Chinese students and a load of hoorahs from Cheshire occupying those places? My student flat in town was £56 a week, right across the road from some of the Vita ones down by Home. I’m sure they’re nicer than my house but that’s not the student experience is it? Bare breeze block walls, a shitty single bed and threadbare carpet is what it’s all about. Your own sink if you’re lucky! The halls at Liverpool were based on a Swiss prison, painted breezeblock walls, then moved out to Tuebrook which was erm full of interesting characters although we didn't get burgled thanks to a certain well known (locally) family living on our street. |
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Post by David Schofield on May 14, 2023 14:23:39 GMT
£335 a week! Assume that’s all Japanese/Chinese students and a load of hoorahs from Cheshire occupying those places? My student flat in town was £56 a week, right across the road from some of the Vita ones down by Home. I’m sure they’re nicer than my house but that’s not the student experience is it? Bare breeze block walls, a shitty single bed and threadbare carpet is what it’s all about. Your own sink if you’re lucky! The halls at Liverpool were based on a Swiss prison, painted breezeblock walls, then moved out to Tuebrook which was erm full of interesting characters although we didn't get burgled thanks to a certain well known (locally) family living on our street. My daughter is moving to the glorious Kensington in July 😱🤯😂 |
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Post by The Real Exile on May 14, 2023 14:26:17 GMT
Not been that way for donkeys but I heard a lot of the houses had been sold off and then redeveloped meaning the area was on the up a bit, fingers crossed!
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Post by hedleyverity on May 14, 2023 14:59:44 GMT
£335 a week! Assume that’s all Japanese/Chinese students and a load of hoorahs from Cheshire occupying those places? My student flat in town was £56 a week, right across the road from some of the Vita ones down by Home. I’m sure they’re nicer than my house but that’s not the student experience is it? Bare breeze block walls, a shitty single bed and threadbare carpet is what it’s all about. Your own sink if you’re lucky! the times says its £250 a week and that includes a studio, cleaning, breakfast and utility bills Cleaning??????? It's a very different student experience to my day, as for breakfast, buy a bigger kebab |
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Post by scfc73 on May 14, 2023 16:22:33 GMT
I know it's easy to spend someone else's money but it wasn't us saying we'd be having a 22,000 seater stadium, the figures being quoted seem high to me but admittedly it's not my area of work, I still think we've landed lucky with this owner but the interview was disappointing. I would be delighted if they have shelved their plans, there is simply too much risk for too little reward in saddling the club with £40m of debt for a few thousand extra seats Stick a roof a the Railway End and add a top quality training complex in Stockport and that will be a tangible improvement and a legacy to be proud of. Then, and only then, put a proper plan in place for a Popside with 8k seats and prawn sandwich capabilities. This is the way to go in my book & we don't even need the training complex as we've already got a top one, but the figures quoted for re-development really concern me. We're Stockport County, sums of 20 odd million for anything don't get mentioned in same the breath as our name. I think there's a backtrack on promises made but I'm OK with that because as Dave say's it doesn't make sense to saddle the club with that kind of spend for very little realistic gain. Our capacity as it is shouldn't stop our progression, We got to the championship before with the same ground & we can do it again, plus look at Bournemouth in the premier league with a ground the same size, it can be done, I'd rather invest in players that can get us to those higher levels first then worry about expansion. |
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Post by mat1scfc on May 14, 2023 16:32:39 GMT
I remember last season when we were away at Rotherham speaking to one of their fans after the game at the burger van and we were talking about owners and he said that their owner was great and that he paid 40 million to build their entire stadium so 20+ million for 2 stands probably isn't too bad with offices and hospitality. It's gonna cost more than what Rotherham spent as there're stadium was opened 13 years ago.
The numbers sound absolutely crazy but that's just the world we live in I guess. Wrexham are spending 20+ million on one stand although they did have to sort the earth out underneath
I trust stott in every way possible, and even if edgeley Park turns into the vita arena, vita park, the vita group stadium or whatever it may be I'll still be going and watching the 11 players on the pitch because that's all I really care about. Some fans will still call it edgeley Park and some will call it *the new name* but to everyone it's still gonna be our second home
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Post by scfc73 on May 14, 2023 16:41:32 GMT
I remember last season when we were away at Rotherham speaking to one of their fans after the game at the burger van and we were talking about owners and he said that their owner was great and that he paid 40 million to build their entire stadium so 20+ million for 2 stands probably isn't too bad with offices and hospitality. It's gonna cost more than what Rotherham spent as there're stadium was opened 13 years ago. The numbers sound absolutely crazy but that's just the world we live in I guess. Wrexham are spending 20+ million on one stand although they did have to sort the earth out underneath I trust stott in every way possible, and even if edgeley Park turns into the vita arena, vita park, the vita group stadium or whatever it may be I'll still be going and watching the 11 players on the pitch because that's all I really care about. Some fans will still call it edgeley Park and some will call it *the new name* but to everyone it's still gonna be our second home Once again.....Wrexham are getting a 25 million pound Welsh government grant, not their fault for taking what's offered to them but they were turned down in January, It stinks of heads being turned by the Hollywood factor & putting North Wales on the map, but that's 25 million of Welsh tax payers money being spent on a stand of a football club in North Wales, can't imagine that sitting well if you live somewhere in South Wales that's having services cut. |
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Post by mat1scfc on May 14, 2023 17:32:24 GMT
I remember last season when we were away at Rotherham speaking to one of their fans after the game at the burger van and we were talking about owners and he said that their owner was great and that he paid 40 million to build their entire stadium so 20+ million for 2 stands probably isn't too bad with offices and hospitality. It's gonna cost more than what Rotherham spent as there're stadium was opened 13 years ago. The numbers sound absolutely crazy but that's just the world we live in I guess. Wrexham are spending 20+ million on one stand although they did have to sort the earth out underneath I trust stott in every way possible, and even if edgeley Park turns into the vita arena, vita park, the vita group stadium or whatever it may be I'll still be going and watching the 11 players on the pitch because that's all I really care about. Some fans will still call it edgeley Park and some will call it *the new name* but to everyone it's still gonna be our second home Once again.....Wrexham are getting a 25 million pound Welsh government grant, not their fault for taking what's offered to them but they were turned down in January, It stinks of heads being turned by the Hollywood factor & putting North Wales on the map, but that's 25 million of Welsh tax payers money being spent on a stand of a football club in North Wales, can't imagine that sitting well if you live somewhere in South Wales that's having services cut. and our grant won't be that high because vaughen said it will pay for some of it or something along those lines and it will most likely come from stotts company unless it's the council but i personally think it will be vita group. |
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Post by David Schofield on May 14, 2023 17:53:39 GMT
“I trust Stott in every possible way”
You really ought not to; that is not to say he has done anything to warrant distrust but who knows what his exit plan is..?
If we do get to the Championship in 7 years as promised we are in course for £35M in losses; and that is before we spend £28M (you can double that outlay on a 15 year commercial mortgage) doing half a job on the ground
And then what..? £23M a year losses on average each year for Championship Clubs, that’s £23M each club, each year!
We are on a suicide mission and believe me when I say only a fool would think Mark Stott is paying for those losses; his creditworthiness would keep us in business (maybe) but I can only see one of two options if he decides to go 1. We are done. Over. Finished - 2. We are a ready made Premier League B Team
I would love to hear a revised, sensible plan with a focus on organic growth and manageable losses
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Post by ancienthatter on May 14, 2023 18:03:06 GMT
“I trust Stott in every possible way” You really ought not to; that is not to say he has done anything to warrant distrust but who knows what his exit plan is..? If we do get to the Championship in 7 years as promised we are in course for £35M in losses; and that is before we spend £28M (you can double that outlay on a 15 year commercial mortgage) doing half a job on the ground And then what..? £23M a year losses on average each year for Championship Clubs, that’s £23M each club, each year! We are on a suicide mission and believe me when I say only a fool would think Mark Stott is paying for those losses; his creditworthiness would keep us in business (maybe) but I can only see one of two options if he decides to go 1. We are done. Over. Finished - 2. We are a ready made Premier League B Team I would love to hear a revised, sensible plan with a focus on organic growth and manageable losses You mean like a National League side. |
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