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I asked you a question this morning and haven't seen any reply, so will ask again + some additional questions. You were talking about a consortium and I told you that the problem is not the money but the revenues it will bring. A new 75k stadium will cost at least 500m, ie, 350m more than the redevelopment for 15,000 more seats. At a yearly season ticket price of 800 pounds, the revenue generated would be 12m per annum. 5% interest on 350m is 17.5m, meaning the additional revenue won't even cover for interests, let alone capital payments. So why would any consortium be interested to invest in this endeavour as it would just mean throwing money away? Also, in the article it says that by building the corners we could get to 71k seats, so what's the logic of doing a new stadium? You also say that Old Trafford is a great stadium, but didn't they just redevelop?
Last edited by vish LFC; 09/09/14 04:50 PM.
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Liverpool Legend
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I asked you a question this morning and haven't seen any reply, so will ask again + some additional questions. You were talking about a consortium and I told you that the problem is not the money but the revenues it will bring. A new 75k stadium will cost at least 500m, ie, 350m more than the redevelopment for 15,000 more seats. At a yearly season ticket price of 800 pounds, the revenue generated would be 12m per annum. 5% interest on 350m is 17.5m, meaning the additional revenue won't even cover for interests, let alone capital payments. So why would any consortium be interested to invest in this endeavour as it would just mean throwing money away? Also, in the article it says that by building the corners we could get to 71k seats, so what's the logic of doing a new stadium? You also say that Old Trafford is a great stadium, but didn't they just redevelop?
Old Trafford has a large footprint and large concourse one criticism from United fans is the views are poor particularly on the three tier north stand and general restricted views thT is because old Trafford is not purpose built. It's clear John Henry is looking short term not long term my suggestion therefore is he seeks a partner or several partners those who would accept an equity stake in future in return for sponsorship either advertising or prestige this would mean John Henry losing some equity but potentially gaining extra profit on sale there would be a risk of fall outs etc so it would need to be legally grafted very carefully. You may even find a rich individual who would invest for prestige. In terms of your numbers I believe they are flawed they only take account of ticket prices not other forms of revenue which is unrealistic but leaving aside the accounting I believe a partnership arrangement is probably now the only option left given john Henry's reluctance to invest adequately. Incidently I did answer your question the first time maybe you missed it
IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
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Liverpool Legend
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Another option vish would be future share options based on sponsorship which might be attractive to some
IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
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Liverpool Legend
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This thread has gone back to the stadium debate my point was that a rich (but not mega rich) individual us no longer enough to run a top premiership club given the expense and format of the game the clubs make little money which all goes to players and agents
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1st Team Squad
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And you are basing this on the fact that the world has 4-5 mega rich club owners in different leagues. Wow, out of thousands of professional clubs, 4 or 5 have mega rich owners and that now means all other clubs will fall into obscurity. Nonsense.
Sign Reus
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And you are basing this on the fact that the world has 4-5 mega rich club owners in different leagues. Wow, out of thousands of professional clubs, 4 or 5 have mega rich owners and that now means all other clubs will fall into obscurity. Nonsense. All those at the top of football either have mega rich owners or have established themselves such as arsenal United. Liverpool have neither
IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
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If arsenal city United can afford a new stadium then I refuse to believe we can't we are as big if not bigger than them. I realise city's circumstances are different but United are almost identical to ourselves a big northern powerhouse club. We are talking £400m which in today's crazy money is three transfer windows And you are basing this on the fact that the world has 4-5 mega rich club owners in different leagues. Wow, out of thousands of professional clubs, 4 or 5 have mega rich owners and that now means all other clubs will fall into obscurity. Nonsense. All those at the top of football either have mega rich owners or have established themselves such as arsenal United. Liverpool have neither Which is it then? You're contradicting yourself.
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The top clubs have either a large ground with world wide fan base such as arsenal or man United or mega rich owners such as Chelsea / city. Liverpool neither have a stadium or rich owners. The future is a small ground refurbishment too little too late we might have some success win the title even but long term we won't have the infrastructure to keep the club at the top if people think otherwise please explain
Last edited by Stanley Park; 09/09/14 05:52 PM.
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Ok. We have roughly equivalent fanbase (which your post about us being as big as them supports). We have rich enough owners that have outspent Arsenal just about every year for the past ten years. They've also done very well at accruing sponsorships, and before United's latest kit deal (which will drop significantly if they don't get CL) it was the biggest in the league.
The revenue from another 15,000 seats just doesn't justify blowing 700 million or so on a new stadium at this stage. I'd rather continue to invest in players and build a title winning team first. As the team gets better and wins more, that success will translate into more sponsorships, more fanbase and more revenue. Then the possibility of a new stadium would be more tenable, AFTER we establish and secure our place back at the top, not before. Meanwhile, we'll add a few seats at a more modest price, leaving us at just shy of 60k seats as we build that success.
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As I say the orginal post is about how moderate rich owners are no longer enough to run a top premiership club unless like United they have established themselves. Not the stadium. But for all those calculating the cost of a new stadium vs the ticket prices thats not the way it works a proper stadium would give Liverpool greater general earning power just as it has done at United they would never be where they are today without the stadium which they had the foresight to build and we did not. To bridge that gap we need more than John Henry who cant afford a bean.
Last edited by Stanley Park; 09/09/14 06:10 PM.
IF YOU WANT TO BE HEARD SPEAK SOFTLY - BOB PAISLEY
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