Stadium update (39 Viewers)

Captain Dart

Well-Known Member
Smooth egress from the stadium is the biggest problem with the design, all these discussions about improving capacity fall at that hurdle it exacerbates the existing safety issues. Still if you design a stadium with most of the car parking space on the other side of a main road that over half the crowd wants to cross and run the pedestrian exit for the rest underneath a railway line what do you expect?
 

Gynnsthetonic

Well-Known Member
Hope Dougs stays for the foreseeable, this talk of flipping it now the club and stadium are entwined i think is rubbish. He seems to be doing the job slowly but surely and enjoys it.. Not sure how much money he has or if there are silent investors in the background too.
 

TomRad85

Well-Known Member
Hope Dougs stays for the foreseeable, this talk of flipping it now the club and stadium are entwined i think is rubbish. He seems to be doing the job slowly but surely and enjoys it.. Not sure how much money he has or if there are silent investors in the background too.
It certainly feels like Doug might have more money than reported. Either that or he just loves it so is happy pumping it in regardless.
 

Captain Dart

Well-Known Member
Hope Dougs stays for the foreseeable, this talk of flipping it now the club and stadium are entwined i think is rubbish. He seems to be doing the job slowly but surely and enjoys it.. Not sure how much money he has or if there are silent investors in the background too.
Last time I looked he was worth £400m.
 

Gint11

Well-Known Member
Last time I looked he was worth £400m.

I think it makes sense that he’s managed to do this for two reasons. One, he’s a fan of the club and will always be the one who made it happen, hero status.
And two, he’s made the club far more valuable and saleable now it’s all in one. Remember when all we were worth was a golden share?

I don’t think he will sell while we are knocking on the Prem door because he will make a helluva lot more if we go up but if we don’t go up over the next few years, then I think he’ll sell.
 

Gibbo

Well-Known Member
View attachment 45447
23 was for 6 months but my read is heading in the right direction, losses halved admin costs roughly flat. What I can't spot is where they are putting in investment in to the arena as they don't seem to split capex out so I wonder if that is being included in administrative expenses which I think would be surprising. Accounts here
I know nothing about high finance but it strikes me DK's investment in the ground gets a return when he sells the business whenever. It's immediate impact on the player budget (the one that really matters to us) may be pretty small or even zero. It might however make us more attractive to an American or far eastern party, the probable eventual target buyer.

And plenty of smart businessmen have failed at running football clubs so DK's exemplary track record so far is no insurance.

I have always been ambivalent about owning or not owning the ground. Always thought there were more important fish to fry. However I note with interest that DK pragmatically and rightly has agreed to take a long lease not the freehold that SISU apparently insisted on.

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