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New Everton Stadium

mikeh72 said:
Has he? Where, when? He retired to China 2 years ago after nearly destroying City and has been brought back for 2 years before he retires again to steer West Ham to mid table on a stupid salary, where the hell is the ambition in that?

Anyway this is the stadium thread, and West Ham play at a rented athletics track that their fans unanimously despise, and we’re building a state of the art arena at the heart of the city with a capacity absolutely fit for where we are as a club.
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Mate he won a league title & two league cups at Man City - hardly destroying.

Just because your managing a top team doesnt make things automatically easy - see Moyes at Utd.

I agree off topic!
 
Another 12 months wasted doing this n that n seeing what fans thought on capacity etc, and really did anybody really think they were going to come up with anymore than this?? I certainly never !
 

The binman chronicles said:
10k extra seats would probably be 100 million + (god knows what inflation will do also), after interest would probably take 12 years before it has even paid for itself. Not many owners are going to be too worried about getting a return that far in the future unless cash is no object, like the sheikhs at city.
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City can charge £20k for a seat in the Tunnel Club because they are Champions for the moment. They can also fill the ground while successful. The economics works for City. Spurs are in London the corporate HQ of England and they can charge £1,000 plus for all their season tickets. They can also host NFL games. It would take a decade or more for EFC to pay the cost of expansion because the revenues will be nowhere near what other clubs can generate
 
mikeh72 said:
What? Hahaha their ground is already 60k and was built about 5 years before they rented it, and Pellegrini is a washed up corpse.

I agree something stinks. And it doesn’t come from directly within the club either.
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West Ham are talking about phased expansion to 67k I believe.
 

50 something thousand with potential for expansion was always going to be the only viable solution given our circumstances. It's just a shame it has taken them a couple of years of ignoring the bleedin obvious to get to this point. Still, progress is progress, so I'm grateful for any news.

For what it's worth, I can't see the additional seats being added in my lifetime and I'm almost 40.
 
Neiler said:
I agree, to be honest I thought your 60 mill was on the low side. But inflation works both ways as well, especially with infrastructure and debt. For example 100 mill 20 years ago was a lot of money in football, it’s not now, inflation. We’ve spent over that in summer windows, to be honest capital expenditure is a far sureer investment as is the return, the return is long term and if the market is there pays for its self many times over in the long term.

Look at it this way, Goodison was built for so much and has generated so much money over the years that, that cost is minuscule in term of inflation and revenue generation.
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Agreed but that inflation would work even better if we built to the max now. So for example, we spent the 500m in a one time blast, instead of paying out 450m now and 200m, 20 years down the road.

The 60m I mentioned was the quoted cost of City's 6k-ish extension back in 2015. The initial build cost 154 million. So 154m for 47k and at least another 120m for their two expansions adding another 13k or so seats. Not good economics.
 
Brisan123 said:
I was of the opinion that safe standing ie rail seats was on a 1:1 basis and did not increase capacity
Maybe @RobSpurs or @Yid4life could clarify
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My understanding is the Green Guide allows for a ratio of 1.8 standing for every 1 seated in standing areas in UK stadiums.

However, in the top two divisions of English football (not sure about Scottish) every spectator must be provided with a seat by law and that supersedes the guidelines in the Green Guide.

So it will be a 1:1 ratio when it opens with seats unlocked, and will remain so unless the law changes. If it does change, I'm pretty sure I read that we've designed the stadium to allow more people into the safe standing areas (i.e. enough facilities, wide enough concourses, enough entries/exits, stand being strong enough to take extra capacity etc).
 

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