Can't believe you're the only two people to point out that this article is fundamentally flawed, just click-bait BS.
Yeah it's nonsense, but then it's the Daily Mail so it was bound to be.
Majority of those increased seats will be top floors hence probably low tier season tickets. Corporate suits will be improved somewhat but doubt it will increase # of box substantially or raise price significantly. Don't know price of season ticket if I assume GBP 500 times 13000 then no more than 7m p.a., which will take 100 years to pay back 700m construction cost, which hasn't include interest payment nor loss of revenue during construction. I am pretty sure this has no bearing with players acquisition, it simply doesn't make business sense. I say just budget 100-200m on renovation and improve on existing facility.
Cannot see the Glazers putting that kind of money down.
They wouldn't personally need to, it'd be leveraged if it were to happen.
I don't think it would cost close to £700m and I imagine they would renovate the existing lower tiers at the same time to increase the amount of corporate seats there. However I agree with you that it makes zero fiscal sense.
700m construction cost is indeed possible. Those expert would only tell you what is possible or not, don't care whether it is reasonable. They will probably say they can build a new stadium on the Moon. The difference with expanding a 30K seats stadium to 70K is that you are not simply adding more seats, you are adding Corporate suits, better changing room and other facilities which was not considered 50 years ago. Adding a few seats to a modern stadium doesn't give you that much extra advantage. If they say OT is behind the City stadium by a decade, then simply renovate various parts to modernise it.
New skin.
Agree with all you said except 1 thing. Don't use the stadium for non-matchday for the sake of making more money, last time when they rent it out for rugby match, it was horrible for months.
Yeah. I know someone who gave up his box a couple of years back in favour of a set of posh season tickets with the option for food/drink - on the basis it was easier to impress clients by taking them to the match as a comfy casual thing (if they actually liked football) then heading off to somewhere flasher to dine. It just didn't have the wow to do it for non-football fans.
but it's not so great if you think of the easy money that the club starts to miss if we lose that big deal tag.I agree with this...something screwy has gone on at Arsenal since they moved to the Emirates and i think the revenues are just not adding up to what they anticipated.
Don’t arsenal have the highest match day income of any team in Europe?
Yes, also due to the fact that Arsenal's season ticket is most expensive in the world. But Arsenal is doing badly on commercial revenue, and only in past couple of years that they start touring the world on summer pre-season.
I love to see that comes to fruition, the surrounding is spacious enough without too much demolition of buildings.
I doubt Spurs' interest payments will be close to £50m per annum, but the larger point is that your £50m estimated increase in match-day football revenues relates to around only 30 days each year, whereas our new stadium complex is designed to be multi-purpose and will be in use - and thus generating income - almost every day of the year.
I can see the Hairdryer ride be a hit!
You're been a bit pessimistic with those figures, they could achieve £40m minimum in naming rights. I do think a decision to build a new stadium would rest on whether they'd be confident there would be additional demand for executive tickets & boxes etc. I'm sure a new stadium would provide additional income for example in the form of a hotel etc.
Add "Moyes Crossing Challenge"booth and "LVG's How long will you stay awake" carousel to the list.£40m?! Per annum?!
Yes.
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Finally! It looks very encouraging and hopefully would mean the disabled section is moved to the South Stand as it currently isn't really fit for purpose in the East Stand.
Funny. Your own material or stolen from Jimmy Carr?
Even if we do get 40m naming right, it is still not enough to pay for interest alone. The quote on construction is a ridiculous 700m which would probably end up as 1b when completed. Putting on a loan of say 800m would means 50m p.a. on interest alone. The additional 12K seats would only give you 6m p.a. on additional revenue, add a few more Exe box and you won't get 10m max.
88,000 seats.
Right you are, I misread the part about the Nou Camp expanding.
