New Kings Park Stadium

SlowDownDerek said:
Yeah we've been banging on about it - I think you may be right about Max. At first he probably thought there was no point - it's not like we needed a bigger ground even in the championship. Since then he probably looks at the numbers and can't see a worthwhile investment.

I am firmly in the 'believe it when I see it' camp - the delay and lack of information don't indicate that anyone who matters really wants it. I would like nothing more than to be proved wrong though.
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So that video I posted was a myth was it? The phone call from the marketing team about the new stadium didn't happen?

You seem to be claiming that the proposal is totally in supporters hands, when in fact it came from the club?
 
My view,for what it's worth,is as a kid,watching afcb in the John Bond days with crowds that reached up to 23,000 was awesome.Yes the team was pretty good too.But the atmosphere was great,I know our team now is the best we've had,but the stadium is embarrassing.As fans we want the bigger stadium and the club kept saying they were going to do something,so I agree with Rob.
 
RobTrent said:
So that video I posted was a myth was it? The phone call from the marketing team about the new stadium didn't happen?

You seem to be claiming that the proposal is totally in supporters hands, when in fact it came from the club?
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That is literally the opposite of what I am saying.
 
SlowDownDerek said:
I'm not happy at all. It's not my money though is it. You're glad I'm not making decisions and I'm glad you aren't speaking to investors trying to drum up the cash needed. Try the "so what if it doesn't pay it's way" approach with them and see how you get on.

Doom and gloom - do me a favour. Some of us are involved in property investment in the real world rather than just making up what we want other people to spend their money on as if it's Christmas.
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Strange how can we spend £25m on a single player, that's nearly half a stadium and you think they can't afford to build a new one, how does that fit into your 'property investment' strategy? I want my kids and their kids to always support a local championship/premier league team, which I haven't up until recently managed to do. That's why think it's important we get the infrastructure right while we're in the premier league.
 
bog_standard said:
Strange how can we spend £25m on a single player, that's nearly half a stadium and you think they can't afford to build a new one, how does that fit into your 'property investment' strategy? I want my kids and their kids to always support a local championship/premier league team, which I haven't up until recently managed to do. That's why think it's important we get the infrastructure right while we're in the premier league.
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Good post.The difference is its us fans thinking with our hearts versus business men thinking with their heads.But hopefully something will come to fruition somehow.
 
bog_standard said:
Strange how can we spend £25m on a single player, that's nearly half a stadium and you think they can't afford to build a new one, how does that fit into your 'property investment' strategy? I want my kids and their kids to always support a local championship/premier league team, which I haven't up until recently managed to do. That's why think it's important we get the infrastructure right while we're in the premier league.
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There's your catch 22 - don't spend £25m on a player, risk damaging the evolution of the playing side and Eddie leaves to fulfil his dreams, don't build the stadium and Eddie leaves to fulfil his dreams.
The TV money pretty much all goes into the playing side, the profits after wages, transfers, PL demands etc is minimal. Profit for us is pretty much solely based on how much we appear on TV and final league position.
Commercially, if we had a bigger ground then more money can be made to pay the stadium debt off, but we're tied with limited space and facilities so now that revenue is limited.
'if you build it, they will come' but will them coming generate enough to pay for the stadium?
 
I think we need to get something straight and stop 'reading negatives' into people's posts because they have differing opinions...

We 'all' want a new stadium... End of...

I fail to understand why, in the position we are in, any of us wouldn't want a new stadium...

However, some just look at it as simple as that, but others are looking at reasons as to why we might not be hearing the much awaited news. That doesn't mean they don't want the thing...

I'd love to see us playing football in a shiny new 20k stadium, that is worthy of where we find ourselves, although, I have to admit to not been one bit embarrassed by DC as it is... It is who we are, what we are and almost a reminder of the achievement we've made. If it ever happens I'll be sad to leave it...

This time in the PL though, must leave a legacy, EH is doing his part, and we can only hope the folk at the top want the same (which they evidently do with the player purchases we're seeing). It was reported in a rare interview with Max, that he wanted to do the same for his family... entrench them into AFC Bournemouth and hope his time at the helm will set up his family for life in the PL, with AFC Bournemouth...

Naive or not, but I always try to see good in people and situations and whereas others look at the stadium as 'believe it when I see it', I tend to be on the side of the fence that thinks I'll believe it won't happen, when I see/heaar physical evidence coming from the club to tell me that...

I agree we should, as fans/customers, have been kept more in the loop on things (not massively, but just some small updates would have been nice), but I can only assume things are just taking a sh*tload longer, or have become more complicated, than perhaps our inexperienced mob thought they would.
 
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bog_standard said:
Strange how can we spend £25m on a single player, that's nearly half a stadium and you think they can't afford to build a new one, how does that fit into your 'property investment' strategy? I want my kids and their kids to always support a local championship/premier league team, which I haven't up until recently managed to do. That's why think it's important we get the infrastructure right while we're in the premier league.
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It fits in because a player is a resource required to keep the club in the top flight, which yields £130m per year. We make about £5.5m per year from the ground and stand to make, what £4m extra if we expand the ground. Finish two places higher, which is more likely if you invest in players, and you've made that cash with a lot less hassle.

Then of course you've got the value of the asset. We can't sell the ground to Swindon if we get relegated.

FFS I understand why fans want a new ground - I want a new ground! We aren't paying for it though are we? These decisions have to be made in the real world with real money - not in the 'everyone agrees on the internet to spend other people's money' world.
 
Must be a few qualified accountants on here - here's a question : If you were the FD at AFCB, how would you plan to finance the building of a new stadium ? Seems to be a suggestion that it would have to be paid off within a few years. Surely not ? What are the likely options ?
 
davidwhitehead said:
Must be a few qualified accountants on here - here's a question : If you were the FD at AFCB, how would you plan to finance the building of a new stadium ? Seems to be a suggestion that it would have to be paid off within a few years. Surely not ? What are the likely options ?
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This is probably reference to the Year's Purchase, which is the number of years that are required before the income generated by the asset equates to the cost or purchase price.

The problem is that it is calculated in present value terms i.e the current value of £1 received in ten year's time is not worth £1 in today's money. This is partly down to inflation but is also because of the risk that you might not get as much income as you thought. Some investments are less risky than others so if you are developing a shop on Oxford Street you know that you'll probably be able to let it even if your current tenant goes bust and you also can expect a reasonable rate of rental growth (although who knows with retail as it is).

I'd say a football club is at the other end of the risk scale. Especially as their ability to pay is tied in to a league position. I know I wouldn't plow money into a 20+ year investment that depended on the club maintaining its top flight status.
 
I know its taking the discussion round in circles but I really do wonder if something is going on with structadene to stay in and develop DC
 
redharry said:
Quite possibly, it depends what development we would be able to do at DC. And of course the training ground would have to happen as well.
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Agree... If buying DC back, and redeveloping it to a state that not only future proofs it, but allows maximum corporate potential and increases the fanbase x at least 2... I think Eddie would be pleased with his work...

We all know that the only possible stands that can be redeveloped are the Main and South... The big question is about height... I'm not sure we're allowed to double up on height...

If that's the case, conversation stops here!
 
SteveJonesLegend said:
We all know that the only possible stands that can be redeveloped are the Main and South...
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Not necessarily as it would be possible to shift the pitch 20 metres or so towards Pokesdown then rebuild the stands around it. I think Carlisle intended to do this but then never got round to building it which is why their stands don't line up with the pitch
 
Problem with redeveloping the current DC is where would we play during construction?
The benefit of the current 'strategy' is that we could just keep playing in our current stadium until the new one is done, then move next door.
 
If it were just to be the existing Main and South stand, then no problem playing at DC throughout... Main stand could be built behind and over the top of the existing structure and then in the off season, replaced...

If Tinpot's suggestion happened, then there is an issue... Can't ever see a ground share with Soton happening...
 
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