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New Stadium Details And Discussions

Lilbaz

Just call me Baz
Apr 1, 2005
41,363
74,893
But doesn't that diminish the need for increased revenue associated with a stadium? Won't other teams not building stadiums use that money to improve their team instead of allocating towards capital investments? The team we finished behind just signed their third player of the season. We currently have zero signings (if you don't count the official announcement on twitter of us signing a crane operator). But yeah. I am not oblivious everyone's points and understand where you are all coming from. I guess I harken back to the old days when the Levy line used to be "we cannot compete financially until we make Champions League money." Once that was achieved it became "we cannot compete financially until we have the new stadium." Guess I am just a little freaked out that we may lose the better parts of a once in a generation squad to build some stadium rather than trying to win the league. Granted, it may be "knee jerk."

You are frustrated that we haven't signed anyone yet. Which is understandable. But this probably isn't the thread for it.
 

Breezer

Position??? Magician!!!!
Aug 27, 2004
4,387
29,887
IMG_0689.JPG
I know the club regularly update these days but here's one of mine from earlier today.
 

Wick3d

Well-Known Member
Aug 31, 2012
5,475
11,591
Looking at the new stadium from street level, you really begin to appreciate how huge the stadium is going to be.
 

Lighty64

I believe
Aug 24, 2010
10,400
12,476
But isn't our product the football? Isn't our revenue largely generated by having a successful product? Isn't our club refusing to invest in the actual product in order to build this stadium? All of the clubs above us in earnings (save Arsenal) generate roughly the same from gate receipts. Their increased revenue is a direct or indirect result of being actually successful. Why would an investment of 800 million (or 100 million for that matter) not be better spent on the actual football? The answer seems simple:risk. There is less risk in the stadium. Building it gives ENIC a larger profit when they sell off. But as far as I can tell, using Arsenal as the closest example, there is no real competitive advantage gained. Arsenal's trophy haul is significantly diminished following their move to the Emirates. Arsenal Wenger admits that they spent the last ten years (roughly) paying it off. But their owners made a killing, so there is that.

1 a bit late to change things

2 even if it takes time to do it, eventually we will be able to increase our wage cap, if we had stayed at WHL that would never of had the chance to happen
 

ComfortablyNumb

Well-Known Member
Jun 28, 2011
3,970
6,128
But isn't our product the football? Isn't our revenue largely generated by having a successful product? Isn't our club refusing to invest in the actual product in order to build this stadium? All of the clubs above us in earnings (save Arsenal) generate roughly the same from gate receipts. Their increased revenue is a direct or indirect result of being actually successful. Why would an investment of 800 million (or 100 million for that matter) not be better spent on the actual football? The answer seems simple:risk. There is less risk in the stadium. Building it gives ENIC a larger profit when they sell off. But as far as I can tell, using Arsenal as the closest example, there is no real competitive advantage gained. Arsenal's trophy haul is significantly diminished following their move to the Emirates. Arsenal Wenger admits that they spent the last ten years (roughly) paying it off. But their owners made a killing, so there is that.
Gate receipts, yes. But much higher matchday receipts, due to corporate hospitality. A lot of that is paid upfront, so finds its way into a different part of the reported accounts. If things go according to plan, our revenue will increase by much more than the stadium capacity.
 

hellava_tough

Well-Known Member
Apr 21, 2005
9,429
12,382
Don't think the stadium will have much of an effect on player purchases, simply because we don't do much net spending on players anyway

We usually only spend the money from player sales to reinvest in the squad

Every now and again we might have a season where we end up with a £20m net spend, but that's very manageable for a club of our revenue

Not saying that our transfer policies couldn't be improved upon, but I don't see them being greatly effected by the stadium build

Incidentally, it's interesting that the press don't report this. They just go with the line that we'll struggle while the stadium is being built and then paid for. This, in turn, leads to opposition fans parrotting the same line :meh:
 

RichieS

Well-Known Member
Dec 23, 2004
11,916
16,436
Don't think the stadium will have much of an effect on player purchases, simply because we don't do much net spending on players anyway

We usually only spend the money from player sales to reinvest in the squad

Every now and again we might have a season where we end up with a £20m net spend, but that's very manageable for a club of our revenue

Not saying that our transfer policies couldn't be improved upon, but I don't see them being greatly effected by the stadium build

Incidentally, it's interesting that the press don't report this. They just go with the line that we'll struggle while the stadium is being built and then paid for. This, in turn, leads to opposition fans parrotting the same line :meh:
The dramatic increase in turnover will alter our salary structure though. We can already afford to pay 40 or 50 million for a player if we want to but what we can't currently do is pay them £150k per week to match the fee.
 
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