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Just Back From Agm This Is My Report


Never to the dark side

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I can remember a couple of years ago it was stated that Ashton Gate Stadium needed around £1m per year to keep it up to scratch (eg. safety rules, maintaince etc). Last years accounts state that Ashton Gate Stadium (non football) income was roughly £200k so it seems the stadium looses us (BCFC) around £800k+ per season.

BCAGFC

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Guest The Codfather 0312
I can remember a couple of years ago it was stated that Ashton Gate Stadium needed around £1m per year to keep it up to scratch (eg. safety rules, maintaince etc). Last years accounts state that Ashton Gate Stadium (non football) income was roughly £200k so it seems the stadium looses us (BCFC) around £800k+ per season.

BCAGFC

Which makes me think that its possible that the Stadium Company could go into administration and some propert developer takes over and leases it to the club untill city find a new stadium

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I can remember a couple of years ago it was stated that Ashton Gate Stadium needed around £1m per year to keep it up to scratch (eg. safety rules, maintaince etc). Last years accounts state that Ashton Gate Stadium (non football) income was roughly £200k so it seems the stadium looses us (BCFC) around £800k+ per season.

BCAGFC

The Club will now pay rent to Ashton Gate Stadium Ltd.

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The Club will now pay rent to Ashton Gate Stadium Ltd.

Rent and an annual service charge.

The ground was not separated before Ashton Yate. The ground is also likely to generate fairly hefty profits followingthe redevelopments that will be undertaken including the refurbishment of the Dolman Exhibition Hall.

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Rent and an annual service charge.

The ground was not separated before Ashton Yate. The ground is also likely to generate fairly hefty profits followingthe redevelopments that will be undertaken including the refurbishment of the Dolman Exhibition Hall.

I'd say substitute the word "likely" for the word "hoped".

Nibor

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Guest redphilc

No. As Steve put it, all money generated by the football club will be spent on football ie ST sales, player salers etc. The insinuation was that all the concerts etc will not be spent on football although this was obviously not explicitely stated.

So our football ground is no longer to be used outside of football to benefit the playing squad we all pay to support?

That is worrying and I for one am not happy at all about it if this is to be the case.

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So our football ground is no longer to be used outside of football to benefit the playing squad we all pay to support?

That is worrying and I for one am not happy at all about it if this is to be the case.

From watching SteveL's presentation on world I don't think that's the case. Here's what I gleaned from it...

Currently the stadium does not make money, it's a burden on the club. It costs more to run than it makes from non football activities even if you take away match day costs.

I get the impression the stadium and non footballing staff are being split off so they can be run relentlessly as a profit making organisation.

The football side will be non profit making in that any money it raises through tickets, player sales, TV gets spent on football players and development. It will pay an annual rent/service fee to the stadium company I guess more for the sake of clarity than anything else.

What the parent company decides to do with profits from the stadium company is up to SteveL, I guess it will be 1) cover shortfall in football side 2) payoff debts 3) invest in footballing side.

It seems fairly sensible to me provided that the debts get paid off by the stadium company.

Nibor

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From watching SteveL's presentation on world I don't think that's the case. Here's what I gleaned from it...

Currently the stadium does not make money, it's a burden on the club. It costs more to run than it makes from non football activities even if you take away match day costs.

I get the impression the stadium and non footballing staff are being split off so they can be run relentlessly as a profit making organisation.

The football side will be non profit making in that any money it raises through tickets, player sales, TV gets spent on football players and development. It will pay an annual rent/service fee to the stadium company I guess more for the sake of clarity than anything else.

What the parent company decides to do with profits from the stadium company is up to SteveL, I guess it will be 1) cover shortfall in football side 2) payoff debts 3) invest in footballing side.

It seems fairly sensible to me provided that the debts get paid off by the stadium company.

Nibor

Your points are fair, and I can see this side of the argument aswell. As I have stated elsewhere, I am still formulating my opinions because unfortunately I can also see a whole bunch of negatives. I seems to me that Steve L has (as you would expect) fiocussed on the positives but that we all need to think about everything else.

You will be aware from my other posts that I am a fairly level headed and positive person so I am by no means trying to scaremonger. I would go so far as to say that I think Steve fully believes that this is not going to harm the club. There are just a lot of "what ifs" for me.

I'd say substitute the word "likely" for the word "hoped".

Nibor

I would disagree. If you wanted, we can say nboth words. I would be happy with that :)

So our football ground is no longer to be used outside of football to benefit the playing squad we all pay to support?

That is worrying and I for one am not happy at all about it if this is to be the case.

That is the point you see, this may or may not be the case. Everything made by the stadium could well be put back into the football side of the club. It is an argument with two sides but I think it is a debate that needs to happen.

On the flip side to my previous post, the splitting of the stadium away from the football side may well mean that someone else could come in and invest in the stadium. This money could be used to repay debts and mean that we end up in a great position. The negative would be that we wouldn't have 100% control over our stadium and its use. Like I say, a flip side to all arguments.

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