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New Stadium Details And Discussions

davidmatzdorf

Front Page Gadfly
Jun 7, 2004
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45,030
Doesn't sound right to me. No way were we worth more than Liverpool before our stadium was built...

Not sure about that. THFC owns a great deal of land in London, some developed, some yet to be developed. A hectare of land in London is worth many times the value of a hectare of land in Liverpool. And there's the training ground. And the valuation for the Phase 3 land includes the value of the outline planning consent for 500+ flats.

It' the value of the clubs' total assets, not just the value of their teams and their footballing operations.
 

davidmatzdorf

Front Page Gadfly
Jun 7, 2004
18,106
45,030
Do these valuations reflect the whole asset portfolio and revenue stream of a club including property valuations like the area around the ground and training ground etc plus income from the hiring out of the facilities such as players accommodation block to international teams and conferencing facilities and the like or just football related revenue?

Whole club. Says so - "club" - in the headlines to the bar charts. I don't think it would be possible for anyone outside the clubs to extract the footballing-related asset-values from the total. Isolating football-related revenue-streams might be less impossible, but still difficult.
 

NickHSpurs

Well-Known Member
Mar 14, 2004
13,652
12,001

Lilbaz

Just call me Baz
Apr 1, 2005
41,363
74,893
Not sure about that. THFC owns a great deal of land in London, some developed, some yet to be developed. A hectare of land in London is worth many times the value of a hectare of land in Liverpool. And there's the training ground. And the valuation for the Phase 3 land includes the value of the outline planning consent for 500+ flats.

It' the value of the clubs' total assets, not just the value of their teams and their footballing operations.

Yep fulham's ground must be worth an absolute fortune.
 

Saoirse

Well-Known Member
Aug 20, 2013
6,170
15,648
Not sure what being worth a lot actually does for us, except eventually make ENIC a lot of money.
This. It's a pretty unhelpful metric because much of it comes from the fact that we own property in London - but since we have no intention of selling or letting that property, it makes no material difference even to ENIC. Nobody is actually going to pay more for our club because the stadium is on valuable London land when they can't/won't be selling it to turn that into valuable flats/offices.
 

JCRD

Well-Known Member
Aug 10, 2018
19,153
30,013
I aint going to write up reviews because well... im shit at them

The sausage roll at spurs - WOW... so meaty and just amazing. Easily one of the best ive ever had

I also had a mince and onion pie - not great.

I also had KFC and a pie plus a sandwich - less said about those the better...
 

davidmatzdorf

Front Page Gadfly
Jun 7, 2004
18,106
45,030
Yep fulham's ground must be worth an absolute fortune.
Unfortunately not. The stadium is a listed building, which makes it impossible (a) to demolish and (b) to extend. The land value is related to its development potential. Theirs has none.
 

davidmatzdorf

Front Page Gadfly
Jun 7, 2004
18,106
45,030
Not sure what being worth a lot actually does for us, except eventually make ENIC a lot of money.
This. It's a pretty unhelpful metric because much of it comes from the fact that we own property in London - but since we have no intention of selling or letting that property, it makes no material difference even to ENIC. Nobody is actually going to pay more for our club because the stadium is on valuable London land when they can't/won't be selling it to turn that into valuable flats/offices.
All the valuable land, which includes a lot of other sites in addition to the stadium/NDP site itself, does have a use that bears on the footballing activities of the club. It gives us a great deal of security (collateral) to charge if we need to borrow money.

It also makes the club's gearing look good. That's the ratio of borrowing to equity: it's a measure of how well a business is capitalised, thus how much it can borrow before alarm bells start to go off with the lenders.

I'm sure it's been invaluable for the club in funding huge capital projects such as the training ground and the NDP. But it also increases their ability to act swiftly when the manager has his eye on an expensive player acquisition (Sissoko, Aurier, Sanchez...), because there will be borrowing facilities available, thanks to the ready supply of security/collateral.
 

coys200

Well-Known Member
May 22, 2017
8,436
17,403
There’s a couple not on here.
E7780E9F-66DB-4E03-BA12-467525C7A8E2.jpeg
 

davidmatzdorf

Front Page Gadfly
Jun 7, 2004
18,106
45,030
What are the plans, if there are any, for the red and green bit?
The green bit is the former Cannon Rubber Factory site and has been developed already, in a joint venture with Newlon Housing. It's known as Brook House and includes a primary school, as well as affordable housing.

I am not aware of any definite plans for the red areas and nothing is coming up on a search of Haringey's planning applications.
 

thekneaf

Well-Known Member
Jan 18, 2011
1,936
3,888
I thought the area between WHL station and the stadium is also up for redevelopment - although the new council hit pause on the plans. I think that area included a new huge library and would look a lot like the area around Wembley Stadium for retail space and after game crowd control
 
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