Liverpool FC Forum

by **LFC #1** » Wed Mar 30, 2005 2:03 pm

from echo website.

THE soaring price of delays to Liverpool FC's new stadium plans is costing the club more than £750,000 a month.

As rising construction costs force up the price of the planned 60,000-seater stadium, some experts say the monthly rise is nearer £1m.

It comes as the North West Development Agency continues to stall on releasing an £ 11m grant for the club, in a bid to resurrect the failed groundshare plan with Everton.

Stanley Park Stadium project has already escalated from £80m in 2003 to £120m.

Yet three government departments involved in the saga have no plans to pressurise the NWDA to make a decision.

NWDA chairman Bryan Gray wants the ground share plan to go ahead, even though sports minister Richard Caborn has already declared it a non-starter.

Now industry experts have warned that buildings costs will soar again as the north west construction boom continues.

Over the past year tender prices in the building industry have risen by up to 7% and, driven by higher demand and rising material prices, building costs have risen by 7.3% over the past year.

The office of the deputy prime minister had the chance to "call in" the stadium proposal for closer examination after it received planning permission from the council, but chose not to.

A spokesman said the department's involvement ended there as the NWDA was the responsibility of the Department for Trade and Industry.

But the DTI said how the NWDA distributes its money is completely its own decision.

the quicker this issue is resolved the better, either start building it or ditch the idea for now, get the team up to scratch and then build the new stadium.

I go for the second option, why build a 60 000 seater whn we will only fill it for half the games we play?

I think we should build the team and gain success on the pitch before we build a brand new stadium, although to compete with the Arsenals' and Manures of the world we need to be earning max revenue from gate receipts.

This has been going on forever it seems, and i don't see it being resolved anytime soon, put the money into the team i see and wih the success they bring financially, hoepfully, then we can look at building a new stadium.

by **jonnymac1979** » Wed Mar 30, 2005 2:29 pm

I think we would sell 60,000 seats for every game.

More worrying is the complete lack of an iron-balls type who will just grab this situation by the scruff of the neck and get this sorted out once and for all. All loads of d!ckheads in suits pussying about probably on about £70K a year. :angry:

by **LFC #1** » Wed Mar 30, 2005 2:32 pm

hmm, FA Cup ties, Carling Cup ties? We don't even sell out every league game.

maybe if ticket prices fell a bit, but can you see that happening?

by **jonnymac1979** » Wed Mar 30, 2005 2:41 pm

Sorry, what I should have said was that I think we could shift 50,000+ season tickets. The waiting list is long enough.

by **LiverpoolFan00** » Wed Mar 30, 2005 2:46 pm

I agree with the fact that the priority should be to get the team sorted and if the continuos delay on the new stadium is eating into transfer money the idea should be ditched for the moment

by **LFC #1** » Wed Mar 30, 2005 2:54 pm

jonnymac1979 wrote:Sorry, what I should have said was that I think we could shift 50,000+ season tickets. The waiting list is long enough.

yeh 9 yrs + i believe, i better send in my form that i filled out off lfc.tv to get onto it.

by **yckatbjywtbiastkamb** » Wed Mar 30, 2005 11:03 pm

i said as much in a thread a while back.
if we get a new stadium it will be shared with everton, the people in high places are just trying to get the fans around to this point of view.
i think all the suits think it would make sense, but they dont want to be seen to be going against the wishes of their fans so i expect more of these stories to be leaked out of the press over the next few months in an effort to change the fans hardline approach to stadium sharing.
we`ve already had the government wont give out any grants unless it involves a shared stadium now this one, next it will be something like if we have two modern stadiums planned for the city the european union will withdraw its objective one money for liverpool or some other palava.

by **Iceman69** » Wed Mar 30, 2005 11:50 pm

jonnymac1979 wrote:I think we would sell 60,000 seats for every game.

More worrying is the complete lack of an iron-balls type who will just grab this situation by the scruff of the neck and get this sorted out once and for all. All loads of d!ckheads in suits pussying about probably on about £70K a year.

I dont think we would get 60,000 everygame. we have 000's empty seats for games v portsmouth etc. where are all the "true" fans then!??

everone on the season ticket waiting list may not oblige when it comes to forking out 500 quid per season!

What about the nerds at anfield on 67 grand a week! wearing the red shirt? like harry kewell. thats 67k per week! not per year!

If we terminated harrys contract, biscan and diao, then we'd halve the 750k per month cost of building the new stadium easy!
problem solved.

i doubt that this story is true, coming from the Echo, and is not a direct cost to lfc.

Lfc1, I think you need to separate fact from fiction, building costs dont rise that much per month! its beyond the rate of inflation! if that was the case, it would be worldwide news!

Also if the cost was rising that much, and seeing as LFc are already 20 million in debt, they would just scrap the idea of building the new stadium!

Totally false story if you ask me. If that was the case we wouldnt be persuing it.

The estimated total construction cost of the project rising from 80m to 120 or whatever, is just a more realistic estimate of the costs invloved, they probably underestimated it initially.

LFc are going to have to borrow most of the money anyway, so its risky.

I personally am against the whole thing, as youll be able to smell the stench from goodison, a lot more

:angry:

by **yckatbjywtbiastkamb** » Wed Mar 30, 2005 11:55 pm

Iceman69 wrote:
jonnymac1979 wrote:I think we would sell 60,000 seats for every game.

More worrying is the complete lack of an iron-balls type who will just grab this situation by the scruff of the neck and get this sorted out once and for all. All loads of d!ckheads in suits pussying about probably on about £70K a year.

I dont think we would get 60,000 everygame. we have 000's empty seats for games v portsmouth etc. where are all the "true" fans then!??

everone on the season ticket waiting list may not oblige when it comes to forking out 500 quid per season!

What about the nerds at anfield on 67 grand a week! wearing the red shirt? like harry kewell. thats 67k per week! not per year!

If we terminated harrys contract, biscan and diao, then we'd halve the 750k per month cost of building the new stadium easy!
problem solved.

i doubt that stroy is true, and is not a direct cost to lfc

lfc1, I think you need to separate fact from fiction, building cosats dont rise that much per month! its beyond the rate of inflation! if that was the case, it would be worldwide news!

Also if the cost was rising that much, and seeing as LFc are already 20 million in debt, they would just scrap the idea of building the new stadium!

Totally false story if you ask me.

its on the front page of tonights echo

by **Iceman69** » Wed Mar 30, 2005 11:59 pm

so it must be gospel then?

totally exagerated!

costs would not rise that much! they havent even started building it yet!

by **vlady16.1** » Thu Mar 31, 2005 1:41 am

ok here's something i actually know about--

1) the $ figure looks right -- as costs escalate then the 750k looks good-- trust me construction costs rise and fall like rooney's slappy's drawers

2) take any cost estimate for the stadium as a wild guess -- as a veteran of the travesty in toronto i watched it happen first hand-- i cannot believe that it can be built for 200m -- skydome 650 mill only 4 times the estimate -- just look at the 2 stadiums in detroit -- both over budget significantly and both were easy sites with major corp backing ford motor for the lions stadium and little ceasers for tiger stadium also both had strong gov't backing

3) expect delays

4) might as well wait for a slowdown - it will come and costs will drop -- get the team fixed and the economics will be much healthier

by **LFC #1** » Thu Mar 31, 2005 1:50 am

Iceman69 wrote:Lfc1, I think you need to separate fact from fiction, building costs dont rise that much per month! its beyond the rate of inflation! if that was the case, it would be worldwide news!

just posting what i saw in the echo which i clearly stated at the top of the page.

750 000 does seem about right though, as that would be
9 000 000 a year which is like 7% of the total cost of 120 000 for the whole project. which would be well over the rate of inflation as you stated. However the article states recent rises of 7.3% so it is quite feasible.

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New stadium delay costs £750,000 a month

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