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

Hammy89 · Oct 16, 2024 at 10:13 PM

Lecs said: ↑

100%.

I've argued this before. Even if it was for the 2 games at home vs the huns per season, and the usually 3 (now 4) champions league home games.

Celtic would make a return on investment pretty quickly with even 6 games per season.

They could sell home games vs huns and European games twice over nae bother.

If they're charging 45 or 50 bangers a ticket times 20 thousand, plus probably more corporate *. Could easily make Celtic Park 80,000 capacity.

Okay, the downside would be the home games vs Ross County and that, but still it would be worth it to get another 10,000 or 20,000 fans on those big games.

Imagine the * noise.
Click to expand...

Tbh we're selling out a lot of our home games.

We'd make the money back easily within 6 seasons.

Lecs · Oct 16, 2024 at 10:32 PM

Peej said: ↑

6 games at £50 a pop and an extra 20k support is an extra 6m a season.
I'm sure they said it was to be over 100m to do the south stand up to match?
It'd take 16/17 years at just selling those 6 games and nothing else.

But chances are, you leave that part of the stadium (behind the cameras) as individual tickets only and you're likely selling at least another 5000 per game anyway, which is another 2.5m if we sold those tickets at £30.
Which would make the time frame more like 11-12 years.

That doesn't even account for the fact that we would be selling merchandise and food&beverage at these games as well which increases the income.

Nor does it account for the fact we have a waiting list for season tickets, which we could at current time sell probably 10k for next season no issues - at a £600 a season cost that's £6m yet again. Which would bring the time frame of paying for itself down to 7 years.

I think it's very much justified to push for an increase in the stadium if it could be paid back within 10 years of doing it.

And that's without even thinking we could sell naming/sponsor rights.

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Click to expand...

Easy mate. Absolute no brainer.

It would look * class as well.

The board are no daft, they'd have sponsors in place, they'd argue for more TV money, think of the champions league games at home with away 80,000 fans.

The whole world would want to see that.

kenniemk2 · Oct 16, 2024 at 11:31 PM

Peej said: ↑

6 games at £50 a pop and an extra 20k support is an extra 6m a season.
I'm sure they said it was to be over 100m to do the south stand up to match?
It'd take 16/17 years at just selling those 6 games and nothing else.

But chances are, you leave that part of the stadium (behind the cameras) as individual tickets only and you're likely selling at least another 5000 per game anyway, which is another 2.5m if we sold those tickets at £30.
Which would make the time frame more like 11-12 years.

That doesn't even account for the fact that we would be selling merchandise and food&beverage at these games as well which increases the income.

Nor does it account for the fact we have a waiting list for season tickets, which we could at current time sell probably 10k for next season no issues - at a £600 a season cost that's £6m yet again. Which would bring the time frame of paying for itself down to 7 years.

I think it's very much justified to push for an increase in the stadium if it could be paid back within 10 years of doing it.

And that's without even thinking we could sell naming/sponsor rights.

Sent from my M2012K11AG using Tapatalk
Click to expand...

At 100m it would be financed and paid off over time
Probs sell naming right to cater for half of the money like arsenal did with the emirates

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

Hammy89 Gold Member Gold Member

Lecs

kenniemk2