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Joined: May 2010
Posts: 12,422
1st Team Regular
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1st Team Regular
Joined: May 2010
Posts: 12,422 |
I think the city council have been one of the reasons for the delay trying to force liverpool into a ground share with everton and FSG were having none of it, i think they have let us redevelop anfield if we build this hotel they mentioned as a compromise as well. I mean john henry linked this article months ago on his twitter Its liverpool anfield WHAT THE HELL HAS THE HOTEL GOT TO DO WITH THINGS? the hotel keeps on coming up, why is it so important to the council to have it? if we pay for it, does it mean its the clubs or is it going to belong to the council? surely the concil should be more worried abt transport after all 15,000 extra fans is going to make a big difference.
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Joined: Sep 2012
Posts: 791
Under 18 Player
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Under 18 Player
Joined: Sep 2012
Posts: 791 |
The hotel is a commercial property and not a residential one. This is important for two reasons as residents get less rights to oppose the construction, and the "right to light" cannot be used.
I don't think a hotel is a certainty but what is, is that it will be a commercial development only meaning we can construct outwards and upwards without legal complications.
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Joined: May 2010
Posts: 12,422
1st Team Regular
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1st Team Regular
Joined: May 2010
Posts: 12,422 |
The hotel is a commercial property and not a residential one. This is important for two reasons as residents get less rights to oppose the construction, and the "right to light" cannot be used.
I don't think a hotel is a certainty but what is, is that it will be a commercial development only meaning we can construct outwards and upwards without legal complications. i get the right to light law but why a hotel? why not pub,cafes or even northing why a hotel? i would like to add i have no problems with hotel and actually think its a good idea. i would also put other things there so fans can make a day of it
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Joined: Sep 2012
Posts: 791
Under 18 Player
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Under 18 Player
Joined: Sep 2012
Posts: 791 |
I think the hotel talk is an assumption based to the previous plans if we moved to a new stadium. It was going to be a memorial park with shops, bar, and hotel.
I think if a hotel is built the ground floor would likely include commercial rental space, meaning bars, cafes, newsagent etc. It would be good additional revenue if we had some ownership in it but I don't think we will be involved. It will likely be tendered and a hotel chain will build it. Maybe we sell some image rights and it will be called the LFC Hotel (Comfort Inn)
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Joined: Sep 2012
Posts: 791
Under 18 Player
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Under 18 Player
Joined: Sep 2012
Posts: 791 |
I don't think the upgrades will effect the transfer spends negatively and will only boost it.
What does £150 million and 15k seats get you?
Lets say its £45 per ticket, with 15,000 extra tickets
That makes £675,000 extra per match. That's not including any hospitality or executive seating. A minimum of 20 home games = £13.5 million a season.
I expect the extra revenue would be close to £20 million a season
Commercial mortgage / loans seem to be 3 - 5%.
£150 million loan would cost £4.5 - £7.5 million in interest payments. We would still have money left over for transfers from the extra revenue. In essence it would pay for itself but wouldn't get the full benefits until its paid off.
My own preference was a new build because I find the seating too cramped being a larger man, as there is no leg room or arm room. In reality if we can get the same end result (ie capacity) at half the cost it makes far more sense at I only have to be uncomfortable for 2 hours.
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Joined: Jan 2010
Posts: 22,926
Liverpool Legend
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Liverpool Legend
Joined: Jan 2010
Posts: 22,926 |
I don't think the upgrades will effect the transfer spends negatively and will only boost it.
What does £150 million and 15k seats get you?
Lets say its £45 per ticket, with 15,000 extra tickets
That makes £675,000 extra per match. That's not including any hospitality or executive seating. A minimum of 20 home games = £13.5 million a season.
I expect the extra revenue would be close to £20 million a season
Commercial mortgage / loans seem to be 3 - 5%.
£150 million loan would cost £4.5 - £7.5 million in interest payments. We would still have money left over for transfers from the extra revenue. In essence it would pay for itself but wouldn't get the full benefits until its paid off.
My own preference was a new build because I find the seating too cramped being a larger man, as there is no leg room or arm room. In reality if we can get the same end result (ie capacity) at half the cost it makes far more sense at I only have to be uncomfortable for 2 hours. You'll have to add the Capital repayment though as it will eat in the cash flow that would be required to finance the transfers. We'll probably need a very long time loan. For the rest I agree
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Joined: Sep 2012
Posts: 983
Under 18 Player
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Under 18 Player
Joined: Sep 2012
Posts: 983 |
I don't think the upgrades will effect the transfer spends negatively and will only boost it.
What does £150 million and 15k seats get you?
Lets say its £45 per ticket, with 15,000 extra tickets
That makes £675,000 extra per match. That's not including any hospitality or executive seating. A minimum of 20 home games = £13.5 million a season.
I expect the extra revenue would be close to £20 million a season
Commercial mortgage / loans seem to be 3 - 5%.
£150 million loan would cost £4.5 - £7.5 million in interest payments. We would still have money left over for transfers from the extra revenue. In essence it would pay for itself but wouldn't get the full benefits until its paid off.
My own preference was a new build because I find the seating too cramped being a larger man, as there is no leg room or arm room. In reality if we can get the same end result (ie capacity) at half the cost it makes far more sense at I only have to be uncomfortable for 2 hours. You'll have to add the Capital repayment though as it will eat in the cash flow that would be required to finance the transfers. We'll probably need a very long time loan. For the rest I agree I would like to know where he get's the 45 quid a ticket price, it's not even that now never mind what it will be in 2017 when the build is supposed to be completed. FSG will use there tried and tested formulae they used for Fenway Park which means heaping the costs of the loan payment on the match going fans, they have already told us they wont be using there own money but loans, my guess is about 60-65 quid a ticket by the time the redevelopment is in full swing..
Last edited by joecool; 17/10/12 07:13 PM.
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Joined: Sep 2012
Posts: 791
Under 18 Player
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Under 18 Player
Joined: Sep 2012
Posts: 791 |
Yep that's the issue. I'm thinking the extra revenue would be absorbed by itself unless its a 25 year finance.
Based on 25 years and the rough figures that would mean....
First year : £150.0 + £5.0 interest - 11.25 repayment = £8.75 extra revenue
Second year : £143.75 + £4.8 interest - 11.04 repayment = £8.96 extra revenue
Third year : £137.5 + £4.6 interest - 10.80 repayment = £9.20 extra revenue
.....
Tenth Year : £93.75 + £3.1 interest - 9.35 repayment = £10.65 extra revenue
etc
Obviously that all depends on selling the extra seats.
Edit: Main stand / Anfield Road
Category A £48
Category B £44
Category C £42
I used £45 as its in the middle
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Joined: Sep 2012
Posts: 983
Under 18 Player
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Under 18 Player
Joined: Sep 2012
Posts: 983 |
Yep that's the issue. I'm thinking the extra revenue would be absorbed by itself unless its a 25 year finance.
Based on 25 years and the rough figures that would mean....
First year : £150.0 + £5.0 interest - 11.25 repayment = £8.75 extra revenue
Second year : £143.75 + £4.8 interest - 11.04 repayment = £8.96 extra revenue
Third year : £137.5 + £4.6 interest - 10.80 repayment = £9.20 extra revenue
.....
Tenth Year : £93.75 + £3.1 interest - 9.35 repayment = £10.65 extra revenue
etc
Obviously that all depends on selling the extra seats.
Edit: Main stand / Anfield Road
Category A £48
Category B £44
Category C £42
I used £45 as its in the middle
So tell me how much you think all those matches will be when the redevelopment is finished in 2017 taking into account FSG always put the costs of refurbishments onto the match going fans admission prices, exactly what they done with the Boston Red Sox fans when Fenway Park was redeveloped.
Last edited by joecool; 18/10/12 07:43 AM.
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Joined: Mar 2011
Posts: 8,595
1st Team Squad
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1st Team Squad
Joined: Mar 2011
Posts: 8,595 |
Given this is over the long term 5 to 10 years it gives FSG time to suck and see modify the plans or procrastinate and push out to the long grass. Or sell up and go. I am finding it hard to get excited over this the club will be light years behind when this is built if it ever is. Agreed Stanley, in any case 60,000 will leave us 15,000 behind the competition or put it another way close on 1m per season adrift. There is a lack of ambition here as well as stalling and procrastination, not good enough imo.
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