summerisle
The rain, it raineth every day
I sense a theme.
If that 1922 date is right, they had it up and running in 12mths for the 1923 Cup Final - some going that.
Apparently it is, built in exactly 300 days at the cost of £750,000.If that 1922 date is right, they had it up and running in 12mths for the 1923 Cup Final - some going that.
1922; a 100,000 capacity stadium - £750,000Apparently it is, built in exactly 300 days at the cost of £750,000.
Excavations of the pitch uncovered the foundations of Watkin’s Tower, a building project of the 1890s that would have been the world’s tallest structure had it been completed, you can see that in the picture, the circle.
Regulations, longevity in build planning, better materials in general, safety regulations, amenities, seating. Stuff that's probably considered a lot more now.1922; a 100,000 capacity stadium - £750,000
1970; a double decker stand - £7,000,000 (and for another £70,000 it could've been done with no posts to obstruct views)
101yrs on a 52,000seat stadium is coming in...up to now...at £750 million.
£750,000 in 1920 is equivalent in purchasing power to about £42,887,891.02 today, an increase of £42,137,891.02 over 103 years. The pound had an average inflation rate of 4.01% per year between 1920 and today, producing a cumulative price increase of 5,618.39%.
This means that today's prices are 57.18 times as high as average prices since 1920, according to the Office for National Statistics composite price index. A pound today only buys 1.749% of what it could buy back then.
The inflation rate in 1920 was 15.53%. The current inflation rate compared to last year is now 10.70%. If this number holds, £750,000 today will be equivalent in buying power to £830,250.00 next year.