El Prontonise Posted 21 hours ago Share Posted 21 hours ago 1 minute ago, Ben said: I reckon they would still make a profit if they sold after a couple of years so it's the ultimate investment No chance they'd make a profit. People are seriously over estimating the potential revenue we could make because of spurs, they are in London it's literally another planet economically there to the North East. Link to post Share on other sites More sharing options...
Ben Posted 21 hours ago Share Posted 21 hours ago 1 minute ago, El Prontonise said: No chance they'd make a profit. People are seriously over estimating the potential revenue we could make because of spurs, they are in London it's literally another planet economically there to the North East. How much do you think we are worth now ? Link to post Share on other sites More sharing options...
JT24 Posted 21 hours ago Share Posted 21 hours ago Just now, Ben said: How much do you think we are worth now ? About £700m. Link to post Share on other sites More sharing options...
Stifler Posted 21 hours ago Share Posted 21 hours ago Just now, JT24 said: My feeling is PIF will balk at the cost and timescale of a new stadium and opt for the expansion. I doubt they will. They will be planning on owning us for at least 15-20 years. Spurs right now are apparently not entertaining offers below £4bn for the club. We also have to remember that we’ll also likely get a closed Premier League and ESL. At the very least we will be getting direct to consumer Premier League subscriptions which should easily gain every Premier League £500m per season. On top of this, Newcastle and the North East is their soft power project. They want a seat at the world leaders table for when oil runs out. They have their fingers in the boxing and WWE pies, and will want to offer both of them a European location. They have spent far bigger of far less tangible projects, such as golf, and even the other day buying a 10% stake in DAZN for £1bn. Link to post Share on other sites More sharing options...
Ben Posted 21 hours ago Share Posted 21 hours ago Just now, JT24 said: About £700m. Not a chance Link to post Share on other sites More sharing options...
JT24 Posted 21 hours ago Share Posted 21 hours ago Just now, Ben said: Not a chance Forbes had us listed at £636m in May 2024. Since then we’ve grown revenue to about £300m supposedly. https://www.forbes.com/teams/newcastle-united/ Link to post Share on other sites More sharing options...
Danh1 Posted 21 hours ago Share Posted 21 hours ago 21 minutes ago, Dr.Spaceman said: https://archive.ph/yPG9o Lazy. You’re not wrong. Thanks for posting it. Link to post Share on other sites More sharing options...
El Prontonise Posted 21 hours ago Share Posted 21 hours ago I'd say around £900m mark. Link to post Share on other sites More sharing options...
Danh1 Posted 21 hours ago Share Posted 21 hours ago 21 minutes ago, JT24 said: My feeling is PIF will balk at the cost and timescale of a new stadium and opt for the expansion. Surely they’d have been well aware of the costs involved before appointing the likes of Miller and that gadgie linked to the Reuben’s As much as I want to stay at SJP and see it expanded, it feels that we’ll be moving. Purely because whilst adding 8-10k more seats is achievable, it means we’re unable to expand in 20 years or whatever. Link to post Share on other sites More sharing options...
Wandy Posted 21 hours ago Share Posted 21 hours ago I'd love someone to explain how it would take 7 years to build a new stadium. This is all becoming incredibly tedious. Link to post Share on other sites More sharing options...
JT24 Posted 21 hours ago Share Posted 21 hours ago 2 minutes ago, Wandy said: I'd love someone to explain how it would take 7 years to build a new stadium. This is all becoming incredibly tedious. I imagine actually building it will only take 2-3 years but design, planning, any legal issues etc. could take a few years. Link to post Share on other sites More sharing options...
Turnbull2000 Posted 21 hours ago Share Posted 21 hours ago 12 minutes ago, Wandy said: I'd love someone to explain how it would take 7 years to build a new stadium. This is all becoming incredibly tedious. This is the UK, where getting pretty much anything built that's in the local or national interest is obstructed at pretty much every turn. The nimbies will be all over this should a relocation be proposed. There's a risk legal challenges could drag on for a couple of years. Design will take 2 years. Planning probably 1 year. Building first phase 2.5 years, second phase 1 year. Probably 5 at best if no nimby or planning obstacles, 7-8 if they drag it out. Link to post Share on other sites More sharing options...
Jackie Broon Posted 20 hours ago Share Posted 20 hours ago (edited) 11 hours ago, Turnbull2000 said: This is the UK, where getting pretty much anything built that's in the local or national interest is obstructed at pretty much every turn. The nimbies will be all over this should a relocation be proposed. There's a risk legal challenges could drag on for a couple of years. Design will take 2 years. Planning probably 1 year. Building first phase 2.5 years, second phase 1 year. Probably 5 at best if no nimby or planning obstacles, 7-8 if they drag it out. Assuming it is supported by the planners there are three main things that could potentially significantly slow down the planning process: 1: It isn't supported by councilors. This seems unlikely, even if there were another similar Friends of Leazes Park campaign against an application, councilors are still likely to support it, as they reportedly did in 97. 2: It gets called-in by the Secretary of State. Possible, because it was in 97, but seems less likely given this government's pro-development stance. 3: It gets approved but that is legally challenged. This seems fairly unlikely. Firstly, to bring a legal challenge there need to be grounds, a challenge can only be brought on a point of law, not just because someone disagrees with a decision. Secondly, it is very expensive to legally challenge a planning permission, tens of thousands of pounds, the Friends of Leazes Park probably don't have that kind of money. Edited 9 hours ago by Jackie Broon Link to post Share on other sites More sharing options...
Wandy Posted 20 hours ago Share Posted 20 hours ago 50 minutes ago, Turnbull2000 said: This is the UK, where getting pretty much anything built that's in the local or national interest is obstructed at pretty much every turn. The nimbies will be all over this should a relocation be proposed. There's a risk legal challenges could drag on for a couple of years. Design will take 2 years. Planning probably 1 year. Building first phase 2.5 years, second phase 1 year. Probably 5 at best if no nimby or planning obstacles, 7-8 if they drag it out. If all these things happen then my prediction is there won’t be any new stadium. Link to post Share on other sites More sharing options...
Sima Posted 13 hours ago Share Posted 13 hours ago (edited) We’ll still be playing at SJP in the 2035/36 season. Edited 13 hours ago by Sima Link to post Share on other sites More sharing options...
Whitley mag Posted 11 hours ago Share Posted 11 hours ago (edited) Think they’ll go for new stadium with any development of St James compromised, Sir John cited legal challenges for abandoning the plan last time, but think in the Hardy article he gives the game away and it was cost that put them off. It was far easier to saddle the club with debt of an expansion, wor betide the Halls/Shepherds would have had to put any of their own money towards it robbing cunts. Real test of PIF’s commitment coming up and expect them to show everyone they mean business and give us the best stadium in this country bar none. Hopefully relaxation in planning through this government will minimise any disruption to timescales. Edited 11 hours ago by Whitley mag Link to post Share on other sites More sharing options...
Nucasol Posted 11 hours ago Share Posted 11 hours ago 9 hours ago, Danh1 said: Surely they’d have been well aware of the costs involved before appointing the likes of Miller and that gadgie linked to the Reuben’s As much as I want to stay at SJP and see it expanded, it feels that we’ll be moving. Purely because whilst adding 8-10k more seats is achievable, it means we’re unable to expand in 20 years or whatever. Brad Miller - “we only want to write one cheque” - I dread to see the state of SJP in another 10-15 years. The East Stand is already a carbuncle. Link to post Share on other sites More sharing options...
JT24 Posted 11 hours ago Share Posted 11 hours ago 7 minutes ago, Nucasol said: Brad Miller - “we only want to write one cheque” - I dread to see the state of SJP in another 10-15 years. The East Stand is already a carbuncle. Aye but have you considered the East Stand has vegan food options now? Could be a game changer. Link to post Share on other sites More sharing options...
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