Spoony
The People's President
Omar Berrada casts doubt on new Manchester United stadium
https://centredevils.co.uk/news/omar-berrada-casts-doubt-new-manchester-united-stadium/
The assumption seems to be that the taxpayer will foot a large chunk of the bill. If that doesn't happen, it probably doesn't go ahead.I'm still waiting to see how this is going to be financed.
Loans aren't cheap anymore.
This is awful journalism, literally says nothing newOmar Berrada casts doubt on new Manchester United stadium
https://centredevils.co.uk/news/omar-berrada-casts-doubt-new-manchester-united-stadium/
There's nothing new in that interview that hasn't been said, the club wants the government to hurry up with the plans and approvals of the Old Trafford regeneration project, only then will United start building the stadium. The whole stadium is being sold to investors with the added allure of rebuilding the surrounding areas, without it the stadium on its own is worth less.Omar Berrada casts doubt on new Manchester United stadium
https://centredevils.co.uk/news/omar-berrada-casts-doubt-new-manchester-united-stadium/
If it happens it's going to take a long time.There's nothing new in that interview that hasn't been said, the club wants the government to hurry up with the plans and approvals of the Old Trafford regeneration project, only then will United start building the stadium. The whole stadium is being sold to investors with the added allure of rebuilding the surrounding areas, without it the stadium on its own is worth less.
Yeah, it's a big stadium too which in a perfect world will take 5 years to build, in the real world probably more than 6 and that is if the government doesn't delay. The first sign if things are getting delayed will be if we don't see the final plans within the next 2 months, that has to happen if they want to start construction by the end of the year.If it happens it's going to take a long time.
Berrada reaffirms the need for government support around the area so article goes with “ casts doubts on new stadium” .Omar Berrada casts doubt on new Manchester United stadium
https://centredevils.co.uk/news/omar-berrada-casts-doubt-new-manchester-united-stadium/
With the UK currently in a very deep hole financially, and so many pressures to spend elsewhere, I can easily see the government putting any funding for this regeneration scheme firmly on the back-burner.
It wouldn't surprise me if Berrada has gotten word of such talk and is trying to push back.
I hope this isn't the case, but it certainty feels like this club can't get a break at the moment.
Yeah, it's a big stadium too which in a perfect world will take 5 years to build, in the real world probably more than 6 and that is if the government doesn't delay. The first sign if things are getting delayed will be if we don't see the final plans within the next 2 months, that has to happen if they want to start construction by the end of the year.
I doubt they'll start construction before the freight line is sorted because it'd be a waste of money if that ends up not getting moved. And won't that part alone take years to complete anyway, before we even start building the stadium?
"Look, we want to build it, it's the government that's not ponying up"If it happens it's going to take a long time.
The Government have already offered broad support for the regeneration, centrally, but particularly locally. I think those comments are just to keep the pressure on to actually deliver."Look, we want to build it, it's the government that's not ponying up"
Tying it to the regeneration is a good way to escape fan pressure and postpone this till eternity. Those renderings were the only thing the fans get out of the whole exercise.
"Look, we want to build it, it's the government that's not ponying up"
Tying it to the regeneration is a good way to escape fan pressure and postpone this till eternity. Those renderings were the only thing the fans get out of the whole exercise.
This is nothing new but I called this months ago.Omar Berrada casts doubt on new Manchester United stadium
https://centredevils.co.uk/news/omar-berrada-casts-doubt-new-manchester-united-stadium/
Easy solution to all of this.
Spend 3/400 million building a brand new state-of-the-art three tier Bobby Charlton/South Stand.
Spend a bit more money giving the rest of the ground a face-lift (new roof etc). Make the experience for matchgoing fans a bit more comfortable.
Use the rest of the budget for "New Old Trafford" on building a smaller 20,000 seater womens/academy stadium next to OT that can also be used as a medium sized gig venue in the summer and extra bars for fans during the season. Sell 49% of the ownership of that stadium to some subsidiary type thing of INEOS and make a load of money back straight away.
The Government have already offered broad support for the regeneration, centrally, but particularly locally. I think those comments are just to keep the pressure on to actually deliver.
Is there no way the stadium construction can start without the whole regeneration of the area being approved first?It's such a long process. This stuff takes years in this country regardless.
The short answer is not easily. There are so many things you need to know to get down to the nuts and bolts of designing a build in detail. You need to know the road layouts, where electricity and waste water connections come and go, which direction to spit out the 100k people on foot when the match ends. This doesn't just affect the design, but also the process of building. All this kind of stuff can change if the area gets redeveloped at the same time.Is there no way the stadium construction can start without the whole regeneration of the area being approved first?
What are the options if it doesn't come through? Is there any plan B? Can't we have a separate plan to expand and renovate OT in case the bureaucratic process takes forever? I don't think it is wise to leave the stadium as it is waiting for the government to come through. I hope they have an internal deadline, or they go with plan B.
its just that easy, ain't it?You are 75-years old man sitting on 30 billions. Just tell the goverment "feck-off" and put just couple billion of your fortune into that new stadium. Just start bulding that monstrosity this autumn. Ask the Glaziers to chip-in with a billion, despite Avram gambling away most of his fortune the other sibblings, especially Joel, are very rich as their money management is good. Play the next 3 seasons at new Everton ground while the New Trafford is being built. Feck sake Jimmy, do you really want to take 30bill to your grave??
No it itsnt and Im jesting. Just cant comprehent that, if I was so rich, and old, that I would sit tight, unwilling to part with 10% of my fortune to please hundred or rather million people. Would rather built the fecking thing even as a minority owner, without Glazers putting in a penny, to show them for what they are, an absolute scum. But thats me, guess Ratcliffe would never become so rich in the first place with my naive thinking.its just that easy, ain't it?
No it itsnt and Im jesting. Just cant comprehent that, if I was so rich, and old, that I would sit tight, unwilling to part with 10% of my fortune to please hundred or rather million people. Would rather built the fecking thing even as a minority owner, without Glazers putting in a penny, to show them for what they are, an absolute scum. But thats me, guess Ratcliffe would never become so rich in the first place with my naive thinking.
The problem with that approach is that it won’t be enough to draw events like the NFL, or Taylor Swift/Beyonce etc away from Spurs and Wembley, which is where the real income driver is. We won’t get finals at European or international tournaments, as the Etihad will be considered the more modern stadium.Easy solution to all of this.
Spend 3/400 million building a brand new state-of-the-art three tier Bobby Charlton/South Stand.
Spend a bit more money giving the rest of the ground a face-lift (new roof etc). Make the experience for matchgoing fans a bit more comfortable.
Use the rest of the budget for "New Old Trafford" on building a smaller 20,000 seater womens/academy stadium next to OT that can also be used as a medium sized gig venue in the summer and extra bars for fans during the season. Sell 49% of the ownership of that stadium to some subsidiary type thing of INEOS and make a load of money back straight away.
I had to run it through a translator!Yep. And he's no benovelant part owner either. The ruthless Tory multi billionaire.
I had to run it through a translator!It shows "benevolent". Well meaning and kindly. Serving a charitable rather than a profit-making purpose. In that case you are rather correct Im afraid... But, does it not sometimes happen that a filthy rich person gettin on a bit, would start wildly throwing their fortune around like there is no tomorrow?
Rich people hate spending money. But if I had 20b I'd buy united outright and build the new stadium. Id still have, I dunno, 10b left.No it itsnt and Im jesting. Just cant comprehent that, if I was so rich, and old, that I would sit tight, unwilling to part with 10% of my fortune to please hundred or rather million people. Would rather built the fecking thing even as a minority owner, without Glazers putting in a penny, to show them for what they are, an absolute scum. But thats me, guess Ratcliffe would never become so rich in the first place with my naive thinking.
You would only be able to buy-out four sibblings adamant to sell all their shares. Stubborn Avram and Joel are going nowhere. Unless you pay them premium, like they were leaking at the time of (partial) sale process - 10 to 12 billion dollars for a crumbling club.Rich people hate spending money. But if I had 20b I'd buy united outright and build the new stadium. Id still have, I dunno, 10b left.
Yeah that never happenedYou would only be able to buy-out four sibblings adamant to sell all their shares. Stubborn Avram and Joel are going nowhere. Unless you pay them premium, like they were leaking at the time of (partial) sale process - 10 to 12 billion dollars for a crumbling club.
In a video call meeting, one of even both of them would gladly agree to a many of your proposals: like give feckin Brentford extra 5mil to clinch Mbeumo deal. Or go up to 40+5m for Watkins, still withing a summer budget.
On the other hand, you are dealing with a man charging the club over 5 million for his flights and jollies to United cup finals. While indipendent US airline companies claim they would do it for 800k with a couple nights in 5star hotel included.
Avram loves them trips. Actually surprised he hasnt yet started to air travel for some U15 or other underage finals United academy teams are involved in.
You wouldn’t. But I doubt we will even know. Happy for you if that’s the way it turns out!Rich people hate spending money. But if I had 20b I'd buy united outright and build the new stadium. Id still have, I dunno, 10b left.
He's not though. That's his net worth, which only exists on paper and is tied to the market value of the assets he owns. He doesn't actually have that money available to spend.You are 75-years old man sitting on 30 billions. Just tell the goverment "feck-off" and put just couple billion of your fortune into that new stadium. Just start bulding that monstrosity this autumn. Ask the Glaziers to chip-in with a billion, despite Avram gambling away most of his fortune the other sibblings, especially Joel, are very rich as their money management is good. Play the next 3 seasons at new Everton ground while the New Trafford is being built. Feck sake Jimmy, do you really want to take 30bill to your grave??
Won't happen while he's minority owner. Glazers have to get out of the way first.Then sell some of your assests, like Jimmy has actually being doing. Put proceeds into Manchester.
This is exactly the kind of project the current Govt would want to support though. Regeneration of a significant area in the North would be a big win compared to the prior Govt's empty promises about 'levelling up.
How could you possibly surviveRich people hate spending money. But if I had 20b I'd buy united outright and build the new stadium. Id still have, I dunno, 10b left.
Why? By the time it's done there's every chance they won't be in power any more, and even less chance of the current PM/cabinet being in post. Unlikely they'll support a project they won't get to directly benefit from/receive plaudits for once delivered.
Also not sure spending money on building a new stadium for Britain's biggest and most valuable sports franchise is really the economically progressive optics they're going for.
I made a point further up about, whilst I agree with the push to increase revenue, at what point does the arms race to drive things up more and more become a bit daft? How much more money do clubs need?The problem with that approach is that it won’t be enough to draw events like the NFL, or Taylor Swift/Beyonce etc away from Spurs and Wembley, which is where the real income driver is. We won’t get finals at European or international tournaments, as the Etihad will be considered the more modern stadium.
By all accounts a refurbishment and new south stand is harder than building from scratch, and just isn’t worth the type of investment that would be needed.