Following the AGM, How likely do you feel it is now that we will move to BM

[toffeeblue9]

This increases the value of the club significantly, so it would be a surprise for Moshiri to allow this to slip out of his grasp given he stands to make a killing on his shareholding at some point, that's what makes me think it's more likely than not

However, the cost is huge and there is still the possibility of further complications which might mean costs spiral well out of control - that being the case, I'd say about 6 - the intention is clearly there to do it and I feel more confident with Moshiri here that we may deliver something than I would have done before but £450m is a fair old whack and if it goes much further than that, it's hard to see how we make it economically viable

 

[Frang]

Honestly Dave, this is more a goer than either of the previous stadium attempts, too much put in all ready for it to not fail. If I remember right, the funding plan never got off the ground for the Kings Dock while Kirkby was doomed the second Green and Tesco got involved. Nearly £10m has been invested already in securing the site and other minor details and the structural funding seems to be logical if controversial, there's only two scenarios that I can see which could feasibly scupper the deal, one is the club losing its League status and if by some way the league itself was to implode sometime in the next 4 years

you say that as if it means anything. we have freely given Martinez and koeman more for doing nothing. we are about to lose the same on klassen i would imagine, and even big sam. this club is not beyond losing vast amounts of money thro bad decision making

 

[SerenityNigh]

all i want is for a successful stadium build.

this will not be happening with our current ownership.

all they do is consistently get the basics of management wrong. we can not even hold an AGM without a furore.

Current ownership = Farhad, whose track record, albeit short, is quite good
Current management = Bill and RE, whose track record speaks for itself

I'll be watching how this plays out, and I'm hopeful both for a new stadium and new management by 2022 (or 2023); what can go wrong now?

 

[Frang]

This increases the value of the club significantly, so it would be a surprise for Moshiri to allow this to slip out of his grasp given he stands to make a killing on his shareholding at some point, that's what makes me think it's more likely than not

However, the cost is huge and there is still the possibility of further complications which might mean costs spiral well out of control - that being the case, I'd say about 6 - the intention is clearly there to do it and I feel more confident with Moshiri here that we may deliver something than I would have done before but £450m is a fair old whack and if it goes much further than that, it's hard to see how we make it economically viable

who do we turn too if the estimate of 500m spirals as spurs and Chelsea's has to 750m??

the risk is overwhelming.

@davek

 

[davek]

Honestly Dave, this is more a goer than either of the previous stadium attempts, too much put in all ready for it to not fail. If I remember right, the funding plan never got off the ground for the Kings Dock while Kirkby was doomed the second Green and Tesco got involved. Nearly £10m has been invested already in securing the site and other minor details and the structural funding seems to be logical if controversial, there's only two scenarios that I can see which could feasibly scupper the deal, one is the club losing its League status and if by some way the league itself was to implode sometime in the next 4 years

I've heard that on every other occasion we had a stadium scheme in play. Too big to fail etc.

The funding plan for the KD and DK were more doable because the private sector were to the fore in both schemes. That's how there were green lights at each stage until the final one when at KD the club board itself baulked, then with the sec of state who wouldn't sign off on DK. On already invested cash: we spent out on those two failed projects too.

 

[SerenityNigh]

you say that as if it means anything. we have freely given Martinez and koeman more for doing nothing. we are about to lose the same on klassen i would imagine, and even big sam. this club is not beyond losing vast amounts of money thro bad decision making

Yeah, £10MM for due diligence is just a drop, and all the club's money, not Farhad's money yet. When he makes a guaranty or disclosure of personal investment in the stadium, the deal will be nearly done.

*Not that he's made no personal investments of a related sort, but buying the Liver Building isn't quite the same

 

[davek]

It's too far along to be ditched in less than 12 months; when do season ticket sales go live for the 19/20 campaign? Take that date and add 3 months if you want a "ditch date."

I dont understand that.

 

[Moomin]

Honestly Dave, this is more a goer than either of the previous stadium attempts, too much put in all ready for it to not fail. If I remember right, the funding plan never got off the ground for the Kings Dock while Kirkby was doomed the second Green and Tesco got involved. Nearly £10m has been invested already in securing the site and other minor details and the structural funding seems to be logical if controversial, there's only two scenarios that I can see which could feasibly scupper the deal, one is the club losing its League status and if by some way the league itself was to implode sometime in the next 4 years

The funding plan for Kings Dock was 30 million which the club said was ring fenced.

We probably spent more than 10 million on our previous ground moves only for them to end in failure.

I have more hope that this one will happen but can understand people having doubts.

 

[Foot Long Hot Dog]

who do we turn too if the estimate of 500m spirals as spurs and Chelsea's has to 750m??

the risk is overwhelming.

@davek

Oh the irony......

 

[Frang]

Oh the irony......

????

 

[BlueStevie35]

I've heard that on every other occasion we had a stadium scheme in play. Too big to fail etc.

The funding plan for the KD and DK were more doable because the private sector were to the fore in both schemes. That's how there were green lights at each stage until the final one when at KD the club board itself baulked, then with the sec of state who wouldn't sign off on DK. On already invested cash: we spent out on those two failed projects too.

I was looking forward to KD, still pains me whenever I'm down that way for a show at the arena or an event at the exhibition centre but was never that keen on DK, I just think BM has more substance to it at present, might change if the designs look rubbish like. What would be your idea then for a financially doable stadium?

 

[Foot Long Hot Dog]

????

You’re probably too young......

 

[SerenityNigh]

I dont understand that.

If it's all a shell game, you don't quit when you're ahead, you only quit when you're fully out of steam. This 2/3s funding announcement gets the club 6 more months at least. Then Danno throws out a few concept pictures and we get another 3-6 months. Then all you have to do is drag it sufficiently past season ticket renewals before you let the horse die. So we're looking at a minimum of 15 months* before we see it ditched.

*at which point, in my opinion, we'll see a fully-financed project**

**at which point, I reckon, some multis will die and others will be redoubled with new efforts

#MeisOut!

 

[Frang]

You’re probably too young......

ok mate

 

[davek]

I was looking forward to KD, still pains me whenever I'm down that way for a show at the arena or an event at the exhibition centre but was never that keen on DK, I just think BM has more substance to it at present, might change if the designs look rubbish like. What would be your idea then for a financially doable stadium?

Just refurbish GP and have do with this endless search by morons for a new stadia cash cow to exploit.