Guest cybermansrevenge Posted April 2, 2007 Share Posted April 2, 2007 I see the land as our main asset on the table, but don't think we'll get either rent or the opportunity to renogotiate the lease in the short term as others are suggesting. I am sure that that is where we are paying for the lunch, so to speak, we are now sacrificing our land for what will probably be a long time, possibly 50+ years. This may be the crux of the matter, in doing this deal Freddy may be securing his position at SJP for life. If a consortium were looking to do a leveraged buy-out (ala the Glaziers) one of the first things they would want to do is sell off any asessts which weren't needed for the core business (ie the unused land) to pay off their borrowing. However if the lands gone (or already on a longterm lease) this would seem to make us less appealing to any takeover. Whether in the long term this is good for NUFC who knows? but the language used "What we are proposing is something not just for the football club, but for the whole city and the people of Newcastle" all smacks of T Dan Smith and we know how that ended (if you dont try google). Link to post Share on other sites More sharing options...
NE5 Posted April 2, 2007 Share Posted April 2, 2007 Has nobody thought that this might just be a way to get planning permission to gain some value for the club so that share prices rise and make even more money if the club is sold? A house with planning permission for an extension is worth more than one without, it might just be a way of attracting potential buyers towards the club after two dropped out earlier this year. You could be right there mate, I pointed out a few pages back that this is what Belgravia had planned if they bought the club, I thought maybe they could be the potential financial backer but it would make more sense if the board were doing it to increase the value of the club in case they come back in for talks. You really have your head up your arse ref the board Baggio mackems.gif You'll be saying next that teams try to win the league, and buy top players, because it improves the share price if they decide to sell up Rather than actually "planning" something which will last for half a century at least, when other clubs are also improving and extending stadiums. Still, "planning" is only something everybody else does but us mackems.gif Link to post Share on other sites More sharing options...
Decky Posted April 2, 2007 Share Posted April 2, 2007 http://img104.imageshack.us/img104/7842/sjp2004lum2.jpg http://www.worldstadiums.com/stadium_pictures/europe/united_kingdom/scotland/glasgow_celtic1.jpg Uncanny resemblence Link to post Share on other sites More sharing options...
Yorkie Posted April 3, 2007 Share Posted April 3, 2007 I've always thought Celtic Park looked very similar to the new St James'. Especially photos from inside Parkhead - as if looking at the 'Leazes'. Looked very similar. Link to post Share on other sites More sharing options...
Northern Monkey Posted April 3, 2007 Share Posted April 3, 2007 I can't be arsed reading through 10 pages of the trumpeting of impromptu experts on real estate......so: has anyone asked the question yet whether this announcement was rushed out eraly to detract from the fact that our manager is a compelte and utter cock, we only have 7 or 8 players in the entire squad worthy of a place in a premiership side, and we are an average side club in serious trouble? Link to post Share on other sites More sharing options...
Yorkie Posted April 3, 2007 Share Posted April 3, 2007 I can't be arsed reading through 10 pages of the trumpeting of impromptu experts on real estate......so: has anyone asked the question yet whether this announcement was rushed out eraly to detract from the fact that our manager is a compelte and utter cock, we only have 7 or 8 players in the entire squad worthy of a place in a premiership side, and we are an average side club in serious trouble? Yes. Link to post Share on other sites More sharing options...
Northern Monkey Posted April 3, 2007 Share Posted April 3, 2007 I can't be arsed reading through 10 pages of the trumpeting of impromptu experts on real estate......so: has anyone asked the question yet whether this announcement was rushed out eraly to detract from the fact that our manager is a compelte and utter cock, we only have 7 or 8 players in the entire squad worthy of a place in a premiership side, and we are an average side club in serious trouble? Yes. And what did the all-new property experts and ITK's say to the question? Link to post Share on other sites More sharing options...
Guest Invicta_Toon Posted April 3, 2007 Share Posted April 3, 2007 I can't be arsed reading through 10 pages of the trumpeting of impromptu experts on real estate......so: has anyone asked the question yet whether this announcement was rushed out eraly to detract from the fact that our manager is a compelte and utter cock, we only have 7 or 8 players in the entire squad worthy of a place in a premiership side, and we are an average side club in serious trouble? http://www.newcastle-online.com/nufcforum/index.php?topic=38074.msg764777#msg764777 Link to post Share on other sites More sharing options...
Northern Monkey Posted April 3, 2007 Share Posted April 3, 2007 I can't be arsed reading through 10 pages of the trumpeting of impromptu experts on real estate......so: has anyone asked the question yet whether this announcement was rushed out eraly to detract from the fact that our manager is a compelte and utter cock, we only have 7 or 8 players in the entire squad worthy of a place in a premiership side, and we are an average side club in serious trouble? http://www.newcastle-online.com/nufcforum/index.php?topic=38074.msg764777#msg764777 You were wrong. But well-meaning, no doubt. Link to post Share on other sites More sharing options...
Guest SLK Posted April 3, 2007 Share Posted April 3, 2007 What I think Mr Sheperd is doing is increasing the value of the St James Park estate by getting development permits for this project...Then he can sell it (before building it) to a major buying (consortuim) that will be more attracted to buy the whole lot now that the deal includes permits from the council to do such major redevelopment of whole area...This what will mak e foriegn investors interested in buying the club and everything around it... Link to post Share on other sites More sharing options...
Guest Invicta_Toon Posted April 3, 2007 Share Posted April 3, 2007 is this thread just going to repeat itself every few pages or what? Link to post Share on other sites More sharing options...
midds Posted April 3, 2007 Share Posted April 3, 2007 How can the club afford this? Where's the money coming from? Link to post Share on other sites More sharing options...
johnnypd Posted April 3, 2007 Share Posted April 3, 2007 the timing of this announcement is suspicious Link to post Share on other sites More sharing options...
Yorkie Posted April 3, 2007 Share Posted April 3, 2007 Don't think i've watched an avatar over and over again like i have that one. Link to post Share on other sites More sharing options...
Rich Posted April 3, 2007 Share Posted April 3, 2007 I heard that today we've announce plans to extend... oh... In fairness, I cannot blame people for not reading 9 pages worth of stuff - especially considering the usual quality of post. Link to post Share on other sites More sharing options...
OzzieMandias Posted April 3, 2007 Share Posted April 3, 2007 If that's the case, wouldn't it make more sense to get money from the investors to reinvest in the team rather than getting an extra 8k seats which, tbh, are you desperate for? If there was a queue of people waiting to buy season tickets I could understand it more, but surely the quality of the playing squad should be of paramount importance? For no particular reason I think this is more a way of boosting the value and the profile of the club to a potential buyer rather than any obvious benefit to the club's fans. There's no way "investors" are going to invest significant sums in the playing staff unless they're taking over the club. But you're possibly on to something in your second paragraph. Link to post Share on other sites More sharing options...
OzzieMandias Posted April 3, 2007 Share Posted April 3, 2007 It's a nothing story as yet, released now only to strike a positive note amid all the gloom. No planning permission yet. Well, there won't be any investors on board until there is. And the attractiveness of hotels and conference centres are going to depend a lot on what the football club is actually doing on the pitch. If we were performing like we did a dozen years ago, having a conference behind the Gallowgate might seem kind of sexy. Right now? Well, we'd just be competing with loads of other cities that have conference facilities – and having trouble filling 8,000 more seats. Link to post Share on other sites More sharing options...
Guest Ridzuan Posted April 3, 2007 Share Posted April 3, 2007 I was really pleased when I heard the news.I think it is about time we expand the capacity of the stadium.With big stadium though,comes with a big performance and I hope we will have both of this when we unveil the new stadium. Link to post Share on other sites More sharing options...
aimaad22 Posted April 3, 2007 Share Posted April 3, 2007 Somebody posted this sometime ago, looks decent enough when finished. http://img249.imageshack.us/img249/314/sjp2010newaa2.jpg Link to post Share on other sites More sharing options...
Kitman Posted April 3, 2007 Share Posted April 3, 2007 Won't Freddy lose his parking space if this goes through? Link to post Share on other sites More sharing options...
Kitman Posted April 3, 2007 Share Posted April 3, 2007 Somebody posted this sometime ago, looks decent enough when finished. http://img249.imageshack.us/img249/314/sjp2010newaa2.jpg I suspect the people living around Leazes Terrace might not be so keen on that...... Link to post Share on other sites More sharing options...
skryp2nit3 Posted April 3, 2007 Share Posted April 3, 2007 That's a hideous looking stadium. Link to post Share on other sites More sharing options...
Northern Monkey Posted April 3, 2007 Share Posted April 3, 2007 I was really pleased when I heard the news.I think it is about time we expand the capacity of the stadium.With big stadium though,comes with a big performance and I hope we will have both of this when we unveil the new stadium. Erm, we have one of the biggest stadiums in the league now.......and we're shite. Link to post Share on other sites More sharing options...
macbeth Posted April 3, 2007 Share Posted April 3, 2007 Somebody posted this sometime ago, looks decent enough when finished. I suspect the people living around Leazes Terrace might not be so keen on that...... they'll be inside the ground Link to post Share on other sites More sharing options...
Rich Posted April 3, 2007 Share Posted April 3, 2007 That's a hideous looking stadium. Blasphemy. Infinite Ban. Only joking. I think it's feckin' superb. Would hold about 80,000 people as well. Link to post Share on other sites More sharing options...
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