As it seems increasingly likely that we won't be getting our hands on the Ricoh anytime soon, if we cannot get access to more revenues from Wasps then a new stadium may be our only possibility to reach the top flight again.
With this in mind I've been reading around about new stadiums and teams and have just read a bit about York City. They announced they were going to build a new stadium in 2009 and chose their preferred site in 2010. They wanted a community type scenario and have had a few problems (which are and should be expected with these type of things) and it has just been approved for build and expected to start June 2015 for an 8000 capacity stadium for £37 million.
With what we have been told about a community stadium with around 12-16k capacity, why the hell aren't ALL local media outlets constantly banging down the door of Fisher with questions of where, when, how, how much, with who and who pays. If we are continually told that our owners have long term plans for us, why can't they just come up with simple answers asked by the people who need to be asking.
I know people will say that it is because it will never happen (and I agree with them), the simple truth is unless we can really get our claws into the Ricoh then we simply have to build a new stadium.
the simple truth is unless we can really get our claws into the Ricoh then we simply have to build a new stadium.
That is not and never has been the simple truth, at least while we are a league one club if we are unable to buy into the Ricoh then renting is the most financially viable option by a very significant margin.
Until we get some details on how Fantasy Land will be funded its hard to form an opinion. To use
extreme figures a stadium costing £10m entirely funded by the club is a worse proposition than a £200m stadium where £195m is being raised by leasing out other parts of the site (like the Tesco deal at the Ricoh).
Its certainly true to say it will be very difficult to compete at Championship, let alone Premier League, level without access to all stadium revenues so even if we no longer have SISU as owners the problem remains. Unless we want to stay at this level for decades to come at some point a new stadium will be required.
It might be a requirement chief but that doesn't mean it will ever happen.
Indeed and that is the worry. As much damage as SISU have done to the club by selling the stadium to Wasps CCC may well have consigned us to lower
league football for years to come.
Indeed and that is the worry. As much damage as SISU have done to the club by selling the stadium to Wasps CCC may well have consigned us to lower league football for years to come.
You can't say it's the most financially viable option without knowing any figures for a new stadium!
I still don't understand why it has to be all about finances...
I still don't understand why it has to be all about finances...
You can't say it's the most financially viable option without knowing any figures for a new stadium!
What we do know is that the current rental deal, which don't forget is short term, allows us to be competitive at this level. So we could stay at the Ricoh if we are happy being a L1 side and hope that at the end of this deal we can get a similar deal again.
because that's the only thing that affects weather or not it happens.
What do you mean?
There are intangible elements surrounding space, place and identity that are worth more than whether the return is 0.5% more on a balance sheet or not.
As it happens, the hedge fund owners of Liverpool recognise that sometimes the depth that goes with 'home' can translate into more in terms of a saleable brand identity than any superficial seemingly 'better' move to a 'better' ground.
Do you not think we need to understand how it is viable before looking at the obvious benefits
Only if you want to prove that you're more like SISU than SISU themselves.
I think there's a split between asking SISU how it is viable for them (The Gent is quite right that these questions should be asked) and not discounting the idea entirely (The Gent is probably right that going forward, we need our own ground).
In the latter respect, we probably need to get in on the Local Plan too... and so far there's absolutely no reason for us to be catered for in it, because there's absolutely no voice for us.
I think it is concerning that a stadium consultation group was set up. To involve us and communicate information. Yet it seems even they have said we won't meet again until we see some sort of proof this will really happen
You can't say it's the most financially viable option without knowing any figures for a new stadium!
What we do know is that the current rental deal, which don't forget is short term, allows us to be competitive at this level. So we could stay at the Ricoh if we are happy being a L1 side and hope that at the end of this deal we can get a similar deal again.
Therefore, using recent builds based on what our owners have said about community involvement blah blah blah, then is it not easy to look at York City's build costs as a rough guide? however, as we have been told our capacity will be nearly double theirs and build costs are higher the further south you go, would it not be sensible to at least make an educated guess that a new stadium would be upwards of £40 million? then make more educated guesses that Sisu would have to put at least half into that as it would be difficult to attract investors to a struggling L1 team with little pulling power in Coventry, let alone further afield.
Therefore, using recent builds based on what our owners have said about community involvement blah blah blah, then is it not easy to look at York City's build costs as a rough guide? however, as we have been told our capacity will be nearly double theirs and build costs are higher the further south you go, would it not be sensible to at least make an educated guess that a new stadium would be upwards of £40 million? then make more educated guesses that Sisu would have to put at least half into that as it would be difficult to attract investors to a struggling L1 team with little pulling power in Coventry, let alone further afield.
I think it is concerning that a stadium consultation group was set up. To involve us and communicate information. Yet it seems even they have said we won't meet again until we see some sort of proof this will really happen
If energy is going to be expended on anything regarding a new stadium would it not be better to push Tim Fisher for the details we need to know rather than speculating on the finances of something we don't know the specification or location of?
Because nobody does anything for nothing.I still don't understand why it has to be all about finances...
The key word there is guess. What's the point of guessing, educated or otherwise? If, and as we all know it's a very big if, things ever start to move forward then we can asses the options.
If energy is going to be expended on anything regarding a new stadium would it not be better to push Tim Fisher for the details we need to know rather than speculating on the finances of something we don't know the specification or location of?
There's huge variance in costs. The Ricoh was what, £120m? As you say York was £40m and Bournemouth £15m. So using them as a basis for an educated guess, without knowing the stadium specification or location, how much is it going to cost?
I know people will say that it is because it will never happen (and I agree with them), the simple truth is unless we can really get our claws into the Ricoh then we simply have to build a new stadium.
http://www.coventrytelegraph.net/news/coventry-news/tim-fisher-says-coventry-city-4713943
Just the 21 months ago now.
Fisher hoped we would be 2/3 of the way to building it by now, but we havent even found some land.
The key word there is guess. What's the point of guessing, educated or otherwise? If, and as we all know it's a very big if, things ever start to move forward then we can asses the options.
If energy is going to be expended on anything regarding a new stadium would it not be better to push Tim Fisher for the details we need to know rather than speculating on the finances of something we don't know the specification or location of?
There's huge variance in costs. The Ricoh was what, £120m? As you say York was £40m and Bournemouth £15m. So using them as a basis for an educated guess, without knowing the stadium specification or location, how much is it going to cost?
chiefdave.... "If energy is going to be expended on anything regarding a new stadium would it not be better to push Tim Fisher for the details we need to know rather than speculating on the finances of something we don't know the specification or location of?"............................................................For me and 95% of fans the most important question by far, is one that's way down on your list...LOCATION!
I still don't understand why it has to be all about finances...
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