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New stadium

There are alot of stories about United potentially building a new stadium which will cost upwards of £2bn.

Everton's new stadium, which will have a capacity of around 53,000, is said to cost £500m.

Assuming our new stadium holds 90,000, how could our stadium possibly cost four times more than Everton's? Higher specs/more technology/increased cost of materials?

posted on 9/2/24

New Everton cost was initially meant to be £500m but it has risen to £760m.

Yours will probably be part funded by the government as part of the levelling up scheme whilst we’re fined 10 points twice a season for the next few years..

posted on 9/2/24

comment by Carter (U18826)
posted 3 hours, 39 minutes ago
comment by RB&W - One man down, One nil up (U21434)
posted 1 minute ago
comment by Nickasaurus (U9257)
posted 13 minutes ago
comment by Red Russian (U4715)
posted 10 minutes ago
London and the home counties alone are about 20million people. That alone is 40% of the country.

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And the majority of the other 60% finds Manchester easier to reach! There's certainly more population density around London venues, that's for sure. But I don't think one can say 'London is more accessible for most of the country' without qualification.
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Nobody did. Someone said Manchester is more accessible for most the country without qualification.
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In a car, it is
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Wembley is alright on the transport network. No reason why we can't use the stadiums up here more, teams in the south can travel up here for a change.

Spurs have a great stadium but the transport network around can't handle it, its a pain to get out of the area.

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from Croydon to Barnet you cant park on the street in Greater London without a Residents Permit. That makes London a non-starter for a car user making a day visit. You would have to park in the outer Home County regions such as Hertfordshire and then get a train into Wembley or even further central. Its a complete pain in the ass.

comment by Ace (U14461)

posted on 9/2/24

comment by WeekendOffender (U22920)
posted 10 hours, 47 minutes ago
Trophy rooms are expensive, there would have been a substantial saving there for Spurs.
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If you went to the trophy room at spurs stadium you’d see the first ever FA Cup won by a non league team (plus six more), trophies from the first ever league & cup double and the first ever European trophy won by an English club. If you start a Go Fund Me for your train fare from Wolverhampton we’ll all chip in son. Or you could stowaway on one of the lorries you load on the graveyard shift

comment by Ace (U14461)

posted on 9/2/24

London and Manchester are both easily accessible, access is not a problem for anyone wanting to get to either destination IMO.

Spurs stadium cost £1bn including the hotel behind it. There were demolition costs involved as it was built on the site of the old WHL. We arranged the finance on it during the mid 2010’s and have a series of very low interest, staggered maturity bonds funding it; since we built ours both interest rates and building costs have skyrocketed. Although it felt ostentatious at the time, it feels less so now in the post pandemic economy, plus the ends seem to be justifying the means in terms of our revenue streams and wealth growth.

One thing they did brilliantly was integrate the heritage of the old stadium into the new one - artifacts, design features, old bricks, colour schemes, the centre spot - even the old Supporters Club which is a listed building is integrated into the new club shop. It has retained some of the charm of the old place mostly thanks to Daniel Levy, a lifelong Spurs fan and ST holder, being heavily involved in the redesign, whilst being ultra modern in every way.

The stadium itself has a plethora of restaurants, street food and market place eateries, bars etc to give people a full day experience, the club shop is the biggest in the world, I read somewhere they sell an average of 700 Son home shirts alone on matchdays. Matchday revenue went from £45m to £105m after we built the new ground. And that’s not including side hustle revenue like NFL, concerts and the boxing. This month the F1 stuff starts as well. It’s a phenomenal cash cow for the club, as well as a status symbol in the modern game.

Man U definitely need to catch up in this regard, OT seemed amazing in the 90’s, now it feels like the embodiment of the clubs decay and regression over the last decade. Will be interesting to see what Sir Jim can do with it.

posted on 9/2/24

Man U definitely need to catch up in this regard, OT seemed amazing in the 90’s, now it feels like the embodiment of the clubs decay and regression over the last decade. Will be interesting to see what Sir Jim can do with it.

+++

OT was amazing compared to thebest of the rest every decade Ive been attending games, not just the 90s. But its self-inflicted decline is one of the main reasons and evidence why we want the Glazers gone above everthing else. Yes OT is still a massive stadium, but even Anfield has become better than Old Trafford recently with the investment that they have made.

posted on 9/2/24

Things have been going downnill off the pitch at Old Trafford for a few decades. Due to the steep slopes leading from the pitch to the stands

comment by Ace (U14461)

posted on 10/2/24

https://youtu.be/wbFugC04LJM?si=o-JI-6cPLdlm1-du

Quick 6 minute summary of the Spurs stadium project and some of the costs involved, the way it was financed and the long term benefits of having such a facility (within a few years of it opening we have become London’s wealthiest club in terms of revenue).

posted on 22/2/24

The build for Bramley-Moore Dock was unique, it required an existing dock to be filled. This was something not done before.

Untied own a lot of land around the current ground so would not need such drastic measures, the station access could be improved once the original OT site is knocked down.

But the new guy is hinting at Gov money as it would be a national stadium of the north??

posted on 9/4/24

comment by Melbourne Red (U5417)
posted on 9/2/24
comment by Winston (U16525)
posted 2 minutes ago
Wasn’t Tottenham’s 1 billion?

Crazy money but you’d expect it to be one of the best in the world, and not just for football.
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Yeah a billion including the retractable pitch and all that extra tech. How then does our new stadium become double, even with the increased cost of steel etc?
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pro rata, a 90k stadium is nearly 50% larger than Spurs.

Plus inflation, plus interest rates.

Most of Spurs stadium debt has been converted to long term bonds at between 2.5-3% relative peanuts to current borrowing.

Spurs hit the perfect financial window, anyone doing it now is probably the worst in 15 years+

posted on 9/4/24

Dev, slow down on the responses - what, are you sitting there clicking refresh all day or something?

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