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Author Topic: Villa Park Redevelopment  (Read 1137328 times)

Online tomd2103

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Re: Villa Park Redevelopment
« Reply #5925 on: January 12, 2024, 09:04:41 AM »
I suppose the counter to that is neither was Stratford but the construction of a stadium there regenerates the area and brings visitors and investment.

£12bn has been invested in regenerating Stratford though. According to my son who is studying it for his A Level geography ( and has a mock exam on it today)
Including one of the largest shopping centres in the UK.  There's no comparison whatsoever between Stratford and Aston.

Isn’t that the point? There is no comparison now, there was a stark comparison with how Stratford used to be before the stadium and investment

Although I hate to admit it, areas in London are always going to have an advantage over areas in cities like Birmingham. 

Offline nigel

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Re: Villa Park Redevelopment
« Reply #5926 on: January 12, 2024, 09:05:16 AM »
Wonder if, to bring cost down, the builder would do a discount for cash. Wink, Wink

Offline Risso

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Re: Villa Park Redevelopment
« Reply #5927 on: January 12, 2024, 09:07:37 AM »
That Maguire finance bloke on twitter has posted income figures for last year for all Premier League clubs. Our matchday income is absolutely pathetic, and no there's no realistic chance of it going up substantially in the next ten years, over and above what Heck can squeeze out of the current fan base.

Offline chrisw1

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Re: Villa Park Redevelopment
« Reply #5928 on: January 12, 2024, 09:08:12 AM »
I suppose the counter to that is neither was Stratford but the construction of a stadium there regenerates the area and brings visitors and investment.

£12bn has been invested in regenerating Stratford though. According to my son who is studying it for his A Level geography ( and has a mock exam on it today)
Including one of the largest shopping centres in the UK.  There's no comparison whatsoever between Stratford and Aston.

Isn’t that the point? There is no comparison now, there was a stark comparison with how Stratford used to be before the stadium and investment
Stratford was built for the Olympics, but even before that was a sizable population centre with it's own shopping centre and tube stations etc.  The Olympics was the catalyst for huge investment, but London is large enough to support 100's of town centres which are already connected with a superb transport system.  Aston is a residential suburb a 2 miles from Birmingham City Centre.  It will never support it's own major commercial centre because it's just not needed.

Offline Chico Hamilton III

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Re: Villa Park Redevelopment
« Reply #5929 on: January 12, 2024, 09:08:47 AM »
I suppose the counter to that is neither was Stratford but the construction of a stadium there regenerates the area and brings visitors and investment.

£12bn has been invested in regenerating Stratford though. According to my son who is studying it for his A Level geography ( and has a mock exam on it today)
Including one of the largest shopping centres in the UK.  There's no comparison whatsoever between Stratford and Aston.

Exactly my point

Offline Percy McCarthy

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Re: Villa Park Redevelopment
« Reply #5930 on: January 12, 2024, 09:17:30 AM »
Strong hints in Athletic the North Stand is staying due to cost cutting and definitely no bigger plan. Booo

It doesn't say that at all. It says what has already been put on here several times, that losing the revenue of the stand for two seasons right now when we need every penny to hit FFP targets would limit our ability to improve the squad for next season.

As for a forward plan, it talks about feasibility studies taking place for a better solution. That's exactly what people on here have been saying too.

The costs going up have also been discussed and the idea that it's an expensive investment to make when it still leaves you with problems in the rest of the ground, which is why they will be looking at alternatives.

https://theathletic.com/4815655/2024/01/12/aston-villa-financial-fair-play/

There's never going to be a right time to improve the North Stand.

Other worrying note in that article is the likelihood a Luiz or Kamara might have to be sold to balance the books. I'm not sure how we improve by doing that.

Well, say if we got £50m for Kamara, that would be on the accounts this year. If we then bought two £50m players on 5 year contracts, that would be amortised at £20m a year over the length of their contracts. If they were two signings that turned out to be successful, that should improve us.

Offline Percy McCarthy

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Re: Villa Park Redevelopment
« Reply #5931 on: January 12, 2024, 09:25:54 AM »
That Maguire finance bloke on twitter has posted income figures for last year for all Premier League clubs. Our matchday income is absolutely pathetic, and no there's no realistic chance of it going up substantially in the next ten years, over and above what Heck can squeeze out of the current fan base.

He got his figures from last year’s accounts, so they were for the season before. Since then we’ve had two years of price rises, and this year we’ve had the UECL games. I agree with you, we won’t be catching the top teams up, but I reckon we’ll at least be moving above some of the tinpot shite we’ve been below recently.

Offline Ads

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Re: Villa Park Redevelopment
« Reply #5932 on: January 12, 2024, 09:26:54 AM »
Interesting video on new stadiums:

https://m.youtube.com/watch?v=wAme3GKtJ_w&pp=ygUeV2h5IGFyZSBzdGFkaXVtcyBzbyBleHBlbnNpdmU_

Thanks for the video. Illuminating stuff on prices. That £125m for Spurs really is the kicker.

Offline Ads

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Re: Villa Park Redevelopment
« Reply #5933 on: January 12, 2024, 09:32:08 AM »
That Maguire finance bloke on twitter has posted income figures for last year for all Premier League clubs. Our matchday income is absolutely pathetic, and no there's no realistic chance of it going up substantially in the next ten years, over and above what Heck can squeeze out of the current fan base.

What do you reckon as an accountant the new North would have done numbers wise? Your back of a fag packet calculations will be better than any of the rest of us. Assuming it would be 5000 GA, 2300 GA+/Corporate stuff (unless you reckon different on splits?).

Offline PeterWithe

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Re: Villa Park Redevelopment
« Reply #5934 on: January 12, 2024, 09:34:17 AM »
At the risk of straying from the point, wasn’t Ken Livingston on record as saying he had no interest in sport whatsoever short of getting the Olympic stadium to regenerate Stratford? The implication being it was sorely in need of regeneration.

Offline chrisw1

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Re: Villa Park Redevelopment
« Reply #5935 on: January 12, 2024, 09:37:29 AM »
That Maguire finance bloke on twitter has posted income figures for last year for all Premier League clubs. Our matchday income is absolutely pathetic, and no there's no realistic chance of it going up substantially in the next ten years, over and above what Heck can squeeze out of the current fan base.

What do you reckon as an accountant the new North would have done numbers wise? Your back of a fag packet calculations will be better than any of the rest of us. Assuming it would be 5000 GA, 2300 GA+/Corporate stuff (unless you reckon different on splits?).
I think the splits would be a lot higher GA+  Not just in the stand itself, but there would have been a big increase in GA+ in the Trinity with a linked lounge / deck area between the two - with some fans relocated and the extra North stand seats facilitating that.  I suspect that when taking that into account the majority of the extra 7,000 seats created would have been premium in some capacity.

Offline Risso

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Re: Villa Park Redevelopment
« Reply #5936 on: January 12, 2024, 09:58:00 AM »
That Maguire finance bloke on twitter has posted income figures for last year for all Premier League clubs. Our matchday income is absolutely pathetic, and no there's no realistic chance of it going up substantially in the next ten years, over and above what Heck can squeeze out of the current fan base.

What do you reckon as an accountant the new North would have done numbers wise? Your back of a fag packet calculations will be better than any of the rest of us. Assuming it would be 5000 GA, 2300 GA+/Corporate stuff (unless you reckon different on splits?).

Complete guess, but if your split guess is right, I'd say conservatively:

5,000 GA at say an average of £800 = £4m
2,300 hospitality/GA+ at an average of £6,000 = £13.8m

Back of a fag packet - £17.8m. I don't know what the average season ticket in the North is now, but whatever, that's a big increase in income that could be starting in 2026. Then do the Witton in another two years after that, and you could be looking at similar. So if we say off the top of my head, that in the ten years it would take to move and build something new, you'd lose 8 years at £10m extra profit from the North, and six years at £10m extra profit from the Doug, that's £140m at current prices we're not bringing in because we've decided to sit on our hands. Doesn't add up to me.

Offline London Villan

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Re: Villa Park Redevelopment
« Reply #5937 on: January 12, 2024, 10:07:25 AM »
That only works if we can sell an additional 3000 GA+/Premium seats... It's been said several times that take-up in the TV and LG has been poor - so that has probably spooked them.

Offline Ads

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Re: Villa Park Redevelopment
« Reply #5938 on: January 12, 2024, 10:07:43 AM »
Cheers Risso.

Offline aev

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Re: Villa Park Redevelopment
« Reply #5939 on: January 12, 2024, 10:09:18 AM »
How many businesses in Birmingham have season tickets / corporate hospitality at Villa?

London is nuts, there are so many businesses that buy them that I wonder if that is simply unrealistic for us to try and achieve their numbers?

 


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