Stadium Re-Development....A Good Idea? or Not?

If it wisnae for the pandemic, we could have built it and called it the "10 in a row-tel"

 

Oh the demand is absolutely there! And always will be.

Hence why I'm sure they're happy enough to plod on with season ticket sales and general sale.

 

Pote

 

Why do you find that idea so offensive mate?

I’d rather have more people seeing games, more money coming and a bigger noisier stadium for our biggest games than get stressed because there might be a few empty seats when Hamilton come to visit.

 

Not offensive at all mate, just a bit silly.

Imagine sitting at a board meeting trying to pitch for funds to expand the stadium and opening with the line:

"I want to spend money expanding the Main Stand, but am noo too fussed if it's not always full".

 

There’s loads of stadiums and arenas that function like that mate. It’s in no way as mental as you’re trying to make out.

The pitch would be we could fill it for X number of games to bring in Y profit, and how much that would cost.

They don’t go by the lowest attendances and bin the idea based on that. If you said that in a board meeting you’d be laughed out the room.

 

Yes, and there would also need to be projected costs as to how much it would take to carry out the works, how much it would cost to get safety and operating licences/certs etc, how much extra it would cost to maintain and how many tickets would need to be sold over a X period, and how the cost to build/maintain balances itself out (essentially how many years will it take to start turning a profit).

 

Good job your no in charge of Celtic then as every games been a sell out past two years their literally a Celtic generation who are looking for season tickets and can’t get them you know * all basically


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Yes.. and to me this is what is important, along with filling it for our biggest games.

So yeah, that’s why I don’t care if it’s not full every game. As long as it’s affordable and delivers value, it’s unimportant if it’s not completely full all the time.

 

Never mind him mate he’s just been trolling all day trying to pick a fight with people ( midlife crisis )


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Again, that doesn't cover value.

You spend......let's say £10m to do the initial redeveloping. You would be asked to project how long it would take to pay back the initial outlay before it starts to turn a profit. If you say....for example, 5 years, and it takes say 7 years - then you would be asked some very serious questions.

If it's not MAXIMIZED capacity on a regular basis, then obviously it takes LONGER for it to pay off the initial outlay. No hard mate...

 

You drunk or something.

 

Mate the amount of time it takes to pay the debt isn’t the only factor.

As a simple example for you, if you upgrade to 70k and I upgrade to 80k and I get average 75k attendance vs. your average 70k attendance then although it might take a bit longer to pay off, the cashflow will always be higher and it will ultimately be much more profitable for the club.

Not to mention the better games would be more epic and more fans would get to see games.

Also, I’m not sure why you’re assuming any projected cost plan would assume a full capacity. It would obviously predict an average which may or may not be at capacity.

 

Of course the cashflow will be higher if you increase to say 75k from 60+, but you're no gonnae see cashflow in the black until you've extinguished the defecit of your outlay. Of course IF it was decided to spend say £10m then you've already set that aside to use, but it'll come with a guarantee that the target is met within a certain period.

As a supporter, yes. Easy enough to say just build it, but my point is could you imagine those in charge of the Celtic purse strings approaching such a project with such a blase attitude?

I can't.

 

I don’t see it as a blasé attitude though.

It’s just about looking at cost vs. average attendance instead of worrying about empty seats in smaller games, which is something I think supporters get too uptight about - although I understand and agree to some extent.

To compound this, the trend looks like it’s going to more European games which will always fill more than domestic games outside of the better teams. I would be building to accommodate that - within reason.