Guest Roger Kint Posted March 21, 2014 Share Posted March 21, 2014 At one time, the club supposedly owned a lot of property and land so it seems as if there will be little left other than the stadium (which seems to be used much less these days than previously outside of match days) and the training ground. Will there be anything else left to sell off? Maybe this is how they are going to pay for the training ground re-development? I think we are fortunate that the land the stadium is on is owned by the council. I always wondered if prospective owners might see the location of the ground and think about how much they could sell the land for (wasn't that one of the reasons people were buying Portsmouth?). Unless its build on a diamond mine i somehow doubt the money raised selling the land would cover building an entire stadium(after buying the new land to go with it) Link to post Share on other sites More sharing options...
Interpolic Posted March 21, 2014 Share Posted March 21, 2014 I never discounted the idea of us expanding the stadium personally, we're not just talking about the next 5 or 10 years. If they build stuff there at any point it's never happening. Disappointing. Link to post Share on other sites More sharing options...
ScottishMagpie Posted March 21, 2014 Share Posted March 21, 2014 Why dont we just change our name to the Glipton Grasshoppers and be done with it. Fecking glorified pub team is what we'll end like at this rate. Link to post Share on other sites More sharing options...
mattypnufc Posted March 21, 2014 Share Posted March 21, 2014 The club don't own any of the land that SJP is built on, or surrounding area by the way. Just food for thought. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted March 21, 2014 Share Posted March 21, 2014 Not sure what I think about this TBH. In theory it's a shame we're losing this land, but in practice I'm not sure it matters that much. We're unlikely to need any extra capacity in the forseeable future. Even if we could fill it, the benefit to doing so would be marginal because of how unimportant ticket revenue has become compared to TV. Link to post Share on other sites More sharing options...
Interpolic Posted March 21, 2014 Share Posted March 21, 2014 How long is the foreseeable future? Link to post Share on other sites More sharing options...
Guest neesy111 Posted March 21, 2014 Share Posted March 21, 2014 How long is the foreseeable future? How long is a piece of string..... Link to post Share on other sites More sharing options...
Interpolic Posted March 21, 2014 Share Posted March 21, 2014 Link to post Share on other sites More sharing options...
Guest reefatoon Posted March 21, 2014 Share Posted March 21, 2014 How long is the foreseeable future? Until Ashley pisses off. God knows how long that will be. Link to post Share on other sites More sharing options...
NG32 Posted March 21, 2014 Share Posted March 21, 2014 Not sure what I think about this TBH. In theory it's a shame we're losing this land, but in practice I'm not sure it matters that much. We're unlikely to need any extra capacity in the forseeable future. Even if we could fill it, the benefit to doing so would be marginal because of how unimportant ticket revenue has become compared to TV. You dont say Link to post Share on other sites More sharing options...
NG32 Posted March 21, 2014 Share Posted March 21, 2014 How long is the foreseeable future? How long is a piece of string..... Pretty much infinite. Link to post Share on other sites More sharing options...
Matt Posted March 21, 2014 Share Posted March 21, 2014 We're unlikely to need any extra capacity in the forseeable future. Even if we could fill it, the benefit to doing so would be marginal because of how unimportant ticket revenue has become compared to TV. Ah, we're always going to be mediocre so why have a scrap of land to capitalise on future success that will never arrive? Link to post Share on other sites More sharing options...
Interpolic Posted March 21, 2014 Share Posted March 21, 2014 Tbh the NUST spiel sums it up pretty well but the point is that one way of growing as a club is to add to your capacity, it's why Arsenal moved, why Spurs are desperate to move, etc. It's also a way for more people to see the game, which would be excellent if we had a club worth getting excited over ever again. This is yet more short-termism which will be done with the sole intention of saving cash and adding to Ashley's profit. Again, once it's gone it's gone - another addition to this guy's horrible legacy. Wonder how much the lease actually costs per year? Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted March 21, 2014 Share Posted March 21, 2014 I kind of agree with the sentinment, but is it really as simple as that for us? Arsenal went from 38k at Highbury to getting 60k people to pay £1000+ for their season tickets. We are basically already at Arsenal's level, except for the prices. It's not like we can only get 35k in SJP. Link to post Share on other sites More sharing options...
Guest Roger Kint Posted March 21, 2014 Share Posted March 21, 2014 Tbh the NUST spiel sums it up pretty well but the point is that one way of growing as a club is to add to your capacity, it's why Arsenal moved, why Spurs are desperate to move, etc. It's also a way for more people to see the game, which would be excellent if we had a club worth getting excited over ever again. This is yet more short-termism which will be done with the sole intention of saving cash and adding to Ashley's profit. Wonder how much the lease actually costs per year? Its not saving cash though, we get £82k a year off the council for land we dont use so short term profit aye. As for the lease for the land i vaguely remember somethng like £1000 being mentioned before(for the term) but i may have invented that Link to post Share on other sites More sharing options...
UV Posted March 21, 2014 Share Posted March 21, 2014 Hope they build a massive new Sports Direct megastore on the land. Think of the amount of NUFC branded Sondico kit it could shift to make money for our beneficent owner. The reckless previous owners made the ground too big as it is anyway, its only thanks to Mike making the tickets affordable that it stays as full as it does. Hopefully in the future we'll be able to close down some of the stands and put them to better use as promoting potential advertising space for the TV audience when the big teams come to visit. Getting rid of the possibility of expanding the ground should also put off any potential new owners who might look to exploit the club by risking its future on dangerous growth which might one day stop and cause the club to go into administration like the poor supporters of Man City & Chelsea have to live with. It should also stop the malicious rumours that he's going to sell the club soon too as you wouldn't get rid of the possibility of expansion just prior to a sale of a business, so it looks like he's here for the long term. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted March 21, 2014 Share Posted March 21, 2014 Hope they build a massive new Sports Direct megastore on the land. Think of the amount of NUFC branded Sondico kit it could shift to make money for our beneficent owner. The reckless previous owners made the ground too big as it is anyway, its only thanks to Mike making the tickets affordable that it stays as full as it does. Hopefully in the future we'll be able to close down some of the stands and put them to better use as promoting potential advertising space for the TV audience when the big teams come to visit. Getting rid of the possibility of expanding the ground should also put off any potential new owners who might look to exploit the club by risking its future on dangerous growth which might one day stop and cause the club to go into administration like the poor supporters of Man City & Chelsea have to live with. It should also stop the malicious rumours that he's going to sell the club soon too as you wouldn't get rid of the possibility of expansion just prior to a sale of a business, so it looks like he's here for the long term. Think you've gone a bit far there, good concept though. Link to post Share on other sites More sharing options...
Kanj Posted March 21, 2014 Share Posted March 21, 2014 Another poor decision and example of someone who doesn't give a shit about the future of the club. Link to post Share on other sites More sharing options...
Toonpack Posted March 21, 2014 Share Posted March 21, 2014 Another poor decision and example of someone who doesn't give a s*** about the future of the club. So it'd cost £300 mill to add 10,000 seats (based on prices way back when FFS thought about it) onto the ground, that'd only take about 50-odd years to pay itself back from tickets(not counting interest). Even if a hotel and casino (not allowed) were possible you'd be doing well to half the investment repayment time. Crap article. You could get a whole new stadium for that (Emirates was "only" £390 Mill) Link to post Share on other sites More sharing options...
Kanj Posted March 21, 2014 Share Posted March 21, 2014 I just assume owning land and leasing it out near a popular and massive football stadium is a lot smarter then selling it off and losing all control of that site. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted March 21, 2014 Share Posted March 21, 2014 I just assume owning land and leasing it out near a popular and massive football stadium is a lot smarter then selling it off and losing all control of that site. Yeah, depends on the value of land in Newcastle I suppose. And would a hotel chain invest in a new building if they don't own the land? I don't know the ins and outs really. Link to post Share on other sites More sharing options...
mrmojorisin75 Posted March 21, 2014 Share Posted March 21, 2014 Even if we could fill it, the benefit to doing so would be marginal because of how unimportant ticket revenue has become compared to TV. i'm starting to become disproportionately annoyed with this fucking bollocks like, it's starting to creep in far too much Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted March 21, 2014 Share Posted March 21, 2014 Even if we could fill it, the benefit to doing so would be marginal because of how unimportant ticket revenue has become compared to TV. i'm starting to become disproportionately annoyed with this fucking bollocks like, it's starting to creep in far too much Care to explain? Link to post Share on other sites More sharing options...
Guest Roger Kint Posted March 21, 2014 Share Posted March 21, 2014 I just assume owning land and leasing it out near a popular and massive football stadium is a lot smarter then selling it off and losing all control of that site. Depends what we sold it for. At present it made £82k a year for us so without knowing the price its hard to say Link to post Share on other sites More sharing options...
Toonpack Posted March 21, 2014 Share Posted March 21, 2014 I just assume owning land and leasing it out near a popular and massive football stadium is a lot smarter then selling it off and losing all control of that site. If the cost of using the land to develop the stadium is already prohibitive (£300Mill the article said Shepherd was looking at, years ago) which means extending over aforesaid land is a non runner already. Realising many years worth of "lease" payments "up front" makes perfect business sense. Selling it for £2Mill would be the equivalent of 24 years worth of lease payments, up front. Link to post Share on other sites More sharing options...
Recommended Posts