Irate Ian
Members
- Joined
- Dec 1, 2004
- Messages
- 2,070
Has been moved to Fossetts thread. Consider to review.
The initial subject is a general forum subject [financial issue about raising by finance £80 million ], and I do not feel the mods should be moving it from General Chit Chat Forum.
"slicing up of the cake" is not yet disclosed.
SUFC are not [at present] hoteliers, shop owners or landlords of shops and I have doubt that RM will be enabling these revenue streams to enure to the football club, but he has not yet been prepared [or maybe the timing has not been right] to answer or supply public detailed information on these questions/issues.
It may be that SUFC should have additional revenue streams so that the business as a whole is sufficiently diversified, as the perception is that football revenue alone will not be sufficient to enable a commercial rent to be paid and the club to flourish [make a profit], especially when and if the going gets tough [should the unthinkable happen and we be relegated and lead to a dropping off of support].
We have to plan for the rainy days, even though we hope the sun may continue to shine long into the future.
If other revenue streams are not to accrue to the club, borrowing for those parts of the development should not be taken into account when supporters consider the cost of "seats for life" or other fixed periods that may later be proposed.
It stands to reason that if offered a "seat for life" [which can be likened to buying a share in the club], one would not want to be paying also for the building of an hotel/shops in the price !!
How would anyone be able to assess the true cost /comparison on which also a future rent may be based in the lease to SUFC ?
On another thread it has been suggested the building cost of one seat is in the order of £1,600 - £1,800 at to-day's building cost estimation ?
The initial subject is a general forum subject [financial issue about raising by finance £80 million ], and I do not feel the mods should be moving it from General Chit Chat Forum.
"slicing up of the cake" is not yet disclosed.
SUFC are not [at present] hoteliers, shop owners or landlords of shops and I have doubt that RM will be enabling these revenue streams to enure to the football club, but he has not yet been prepared [or maybe the timing has not been right] to answer or supply public detailed information on these questions/issues.
It may be that SUFC should have additional revenue streams so that the business as a whole is sufficiently diversified, as the perception is that football revenue alone will not be sufficient to enable a commercial rent to be paid and the club to flourish [make a profit], especially when and if the going gets tough [should the unthinkable happen and we be relegated and lead to a dropping off of support].
We have to plan for the rainy days, even though we hope the sun may continue to shine long into the future.
If other revenue streams are not to accrue to the club, borrowing for those parts of the development should not be taken into account when supporters consider the cost of "seats for life" or other fixed periods that may later be proposed.
It stands to reason that if offered a "seat for life" [which can be likened to buying a share in the club], one would not want to be paying also for the building of an hotel/shops in the price !!
How would anyone be able to assess the true cost /comparison on which also a future rent may be based in the lease to SUFC ?
On another thread it has been suggested the building cost of one seat is in the order of £1,600 - £1,800 at to-day's building cost estimation ?
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