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If the rebuild costs 150mil, interest costs would be managabke. Liverpool need an increase in capacity and more importantly corporate seating. We currently have roughly 50% the match day revenue of arsenal. Rebuilding now in a shorter timeframe and at a fraction of the cost will increase out revenue significantly while not burdening the club with onerous interest payments. The club will also have 10/15 years of attendance trends to go by if they decide that anfield at its 58000 capacity is not enough and reassess it then.

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Originally Posted By: Ninja Skrtel
stanley, its not my fault if you cant comprehend the simplest of posts. A four year old would get it. Yet you tried again to avoid answering the question.

DO YOU BELIEVE THE CLUB CONDUCTED A COST/BENEFIT ANALYSIS?

simple yes or no will do.


Of course they did but maximising the short term return for John Henry at the expense of the short term future of the club. Which is what I believe I said half an hour ago but it went right over your head. Stick to insults Marko rational argument is not your forte love the 4 year old comment that really hurt.


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Originally Posted By: Maxi88
If the rebuild costs 150mil, interest costs would be managabke. Liverpool need an increase in capacity and more importantly corporate seating. We currently have roughly 50% the match day revenue of arsenal. Rebuilding now in a shorter timeframe and at a fraction of the cost will increase out revenue significantly while not burdening the club with onerous interest payments. The club will also have 10/15 years of attendance trends to go by if they decide that anfield at its 58000 capacity is not enough and reassess it then.


And what do we do then ?


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The comment that a 4 year old would get my post was not an insult, it was what Rafa would term a FACT.

If you believe that a club conducts a cost benefit analysis of stadium construction in that manner, you are way way out of your depth discussing projects of that scale.


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Originally Posted By: Stanley Park
Originally Posted By: Ninja Skrtel
stanley, its not my fault if you cant comprehend the simplest of posts. A four year old would get it. Yet you tried again to avoid answering the question.

DO YOU BELIEVE THE CLUB CONDUCTED A COST/BENEFIT ANALYSIS?

simple yes or no will do.


Of course they did but maximising the short term return for John Henry at the expense of the short term future of the club. Which is what I believe I said half an hour ago but it went right over your head. Stick to insults Marko rational argument is not your forte love the 4 year old comment that really hurt.
sounds more like you are insulting me, not surprised though, you have no intelligent argument to make.


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Originally Posted By: Stanley Park
Originally Posted By: Maxi88
If the rebuild costs 150mil, interest costs would be managabke. Liverpool need an increase in capacity and more importantly corporate seating. We currently have roughly 50% the match day revenue of arsenal. Rebuilding now in a shorter timeframe and at a fraction of the cost will increase out revenue significantly while not burdening the club with onerous interest payments. The club will also have 10/15 years of attendance trends to go by if they decide that anfield at its 58000 capacity is not enough and reassess it then.


And what do we do then ?
raise ticket prices and build a flying stadium! AWESOME!


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Originally Posted By: Stanley Park
Originally Posted By: Maxi88
If the rebuild costs 150mil, interest costs would be managabke. Liverpool need an increase in capacity and more importantly corporate seating. We currently have roughly 50% the match day revenue of arsenal. Rebuilding now in a shorter timeframe and at a fraction of the cost will increase out revenue significantly while not burdening the club with onerous interest payments. The club will also have 10/15 years of attendance trends to go by if they decide that anfield at its 58000 capacity is not enough and reassess it then.


And what do we do then ?


We look at proposals and see if expansion is

A) possible
B) necessary
C) viable financially
D) or we look at the prospect of a new stadium

Either way the club will be in a better place financially with an increased capacity stadium at far less financial risk to the club

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For me the stadium is the most important issue facing our club. Maxi and vish and others have made some fair comments albeit I disagree.

I am more than happy to debate this important subject with those capable of intelligent debate.

For those not capable might I suggest another thread ?


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I suppose the £150m is not a great deal to put in perspective king Kenny almost spent that in 18 months and most of it went down the drain,

I can accept if it's self financing and profitable doing that for ten years then later moving to a new stadia is a plan. The problem is are we ever likely to do that ? The marginal cost would be huge and therefore the outcome I fear is 58000 for ever even for a mega rich oil baron the marginal cost of the decision would be immense.

Had we had owners with more financial muscle they would have been able to accept more risk and hence take the right option from the outset

But I fear we are being locked into a situation there is no way back from


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Originally Posted By: Stanley Park
If thats the situation we are in Vish then why spend £150m on an option that will take in a direction where we are forever behind our rivals. The £150m is a total weaste of money. Why not just put modern facilities in the main stand say £2m and let FSG develop the team and the club and leave the stadium alone. Let FSG cash in and make their money then at some point in the future with new owners with the financial muscle we develop a new ground. I would rather that was done rather than take the club entirely in the wrong direction because of the circumstances of the speculative focussed owner we have at the moment. Spending money badly means spending it twice


Because with 150m we will increase the seating capacity by about 30% and probably the revenues by more than that as corporate facilities will have a much higher selling price. You want to acheive the same or a couple of thousand seats more but by spending 3 times more, where is the rationale in this? There is no logic in spending that kind of money in something we MAY need in 10 years. If the demand and returns are there in 10 years time, we'll decide then, by then we would have recouped the investment. Otherwise it would be just feeding the financial institutions that have financed the construction at the expense of LFC.

That said, if FSG cared about LFC only, ie, they were fans of the club instead of institutional investors the could have had another plan by sharing the risks but also the returns. The could have made a rights issue and opened the shareholding to others to finance the stadium. However, I am not sure if they will be able to raise enough capital looking at our current financials, we are in negative equity and loss making Maybe that's the plan once we sort out our immediate short term problems, ie, have a reinforced balance sheet.

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