Westran
Ashleigh Spires Clubman of the Year 1994
- Joined
- May 28, 2010
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- 4,121
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The quoted cost online is between £2.5k per seat and £5k per seat, dependant on facilities that go with it. So I'd imagine the kop would be around £3k per seat, and if we were to expand capacity by 4000 seat, it'd maybe cost us about £10-£15m. To be honest I think that's a much better outlay than some of the players we bought in the prem last time round.How do other clubs finance stadium improvements? I’d imagine that it will be via long term loans.
So if we financed the stadium over say 20 years, we might need to trim the budget for players as a result of the loan payments but I’d like to think it wouldn’t have a big impact. There is also the possibility of an increase in match day revenue covering some of the loan payments.
The South Stand would cost much more, probably wouldn't get much change from £30m. The only way we could finance something like that in the absence of rich owners, is by building in everyday revenue streams, student accomodation, retail, entertainment. Another possibility is building on mixed use of the stadium and partnering with the council or one of the unis. That's how other clubs have done it, but our problem is we're not building an out of town stadium that regenerates an area, and the council probably wouldn't partner with us. Maybe one of the unis would though.