FoyleFox Posted 24 May 2020 Share Posted 24 May 2020 3 hours ago, tetly said: At this moment it would be crazy to start expanding the stadium with the current situation in mind. We've no idea how long social distancing is going to be required but it's not like we'll have the expanded stadium built anytime soon. We've not even submitted plans let alone been granted permission. Those processes aren't overnight either. 1 Link to comment Share on other sites More sharing options...
tetly Posted 24 May 2020 Share Posted 24 May 2020 37 minutes ago, FoyleFox said: We've no idea how long social distancing is going to be required but it's not like we'll have the expanded stadium built anytime soon. We've not even submitted plans let alone been granted permission. Those processes aren't overnight either. No harm then going for it now then. 1 Link to comment Share on other sites More sharing options...
Spudulike Posted 25 May 2020 Share Posted 25 May 2020 10 hours ago, SilverFox said: I don’t think there is anything ‘sloshing’. The last set of filed accounts don’t suggest that, but granted they don’t factor in Maguire’s sale (Spudulike... IFS?) Accounts IFS? Link to comment Share on other sites More sharing options...
Ashley Posted 25 May 2020 Share Posted 25 May 2020 11 hours ago, SilverFox said: I don’t think there is anything ‘sloshing’. The last set of filed accounts don’t suggest that, but granted they don’t factor in Maguire’s sale (Spudulike... IFS?) Accounts Maguire sale isn't factored. Mahrez money is in the Training Ground with PL tv monies. 1 Link to comment Share on other sites More sharing options...
leicesterseddon Posted 25 May 2020 Share Posted 25 May 2020 12 hours ago, tetly said: Agree with that but just can’t see big crowds being allowed anytime soon. Would love to be wrong though. I think it’s interesting that many people in football now seem to accept this. It’s almost been forgotten that when the government moved to ban mass events in mid-March, the official justification was not that it would contribute significantly towards spreading the virus, but rather that it would put pressure on the emergency services. As late as 13 March the UK’s chief scientific adviser said banning mass events would not have a “big effect” in containing the virus. Of course there’s been a lot of water under the bridge since then but it’s funny how the official reason for the ban seems hardly to matter any more. Link to comment Share on other sites More sharing options...
PhillippaT Posted 25 May 2020 Share Posted 25 May 2020 1 minute ago, leicesterseddon said: I think it’s interesting that many people in football now seem to accept this. It’s almost been forgotten that when the government moved to ban mass events in mid-March, the official justification was not that it would contribute significantly towards spreading the virus, but rather that it would put pressure on the emergency services. As late as 13 March the UK’s chief scientific adviser said banning mass events would not have a “big effect” in containing the virus. Of course there’s been a lot of water under the bridge since then but it’s funny how the official reason for the ban seems hardly to matter any more. That's because we know it works, (and would have worked even better if the UK had locked down even earlier). The problem is now one of mutation for this virus, which has always been happening, and since it's as contagious as we feared, even if not as fatal (thankfully), more waves of its spreading are expected in the near future. Our only hope is that the nature of such mutations will not be as bad as it was for the flu in 1918 and since, so we can learn to live with it in the years to come, and/or viable vaccines are possible. It's almost certain that this is the start of coronaviruses being as common and as dangerous as the flu (if not more so, due to increased contagiousness) every year from here on out - the problem, is just who it's going to affect within the population, given how it functions and the effects it causes. Until this particular episode completely passes, however, and/or a viable vaccine is created, it makes sense to still limit gatherings, given its contagiousness, and amount of sufferers who are asymptomatic. Link to comment Share on other sites More sharing options...
leicesterseddon Posted 25 May 2020 Share Posted 25 May 2020 21 minutes ago, PhillippaT said: That's because we know it works, (and would have worked even better if the UK had locked down even earlier). The problem is now one of mutation for this virus, which has always been happening, and since it's as contagious as we feared, even if not as fatal (thankfully), more waves of its spreading are expected in the near future. Our only hope is that the nature of such mutations will not be as bad as it was for the flu in 1918 and since, so we can learn to live with it in the years to come, and/or viable vaccines are possible. It's almost certain that this is the start of coronaviruses being as common and as dangerous as the flu (if not more so, due to increased contagiousness) every year from here on out - the problem, is just who it's going to affect within the population, given how it functions and the effects it causes. Until this particular episode completely passes, however, and/or a viable vaccine is created, it makes sense to still limit gatherings, given its contagiousness, and amount of sufferers who are asymptomatic. Understood but my point was whether there is a scientific justification for easing the ban on sporting events later than say reopening (indoor) clothes shops or cafés. Everyone now seems to believe there is, whereas as far as I can tell they’ve never made that argument. Link to comment Share on other sites More sharing options...
PhillippaT Posted 25 May 2020 Share Posted 25 May 2020 1 minute ago, leicesterseddon said: Understood but my point was whether there is a scientific justification for easing the ban on sporting events later than say reopening (indoor) clothes shops or cafés. Everyone now seems to believe there is, whereas as far as I can tell they’ve never made that argument. It's far easier to regulate a slower flow of people through somewhere that's open for longer periods, than for a single event taking place at one time. Link to comment Share on other sites More sharing options...
Foxin_Mad Posted 25 May 2020 Share Posted 25 May 2020 I saw in the news today that fans maybe allowed back next season it with social distancing and random ballots to see which season ticket holders get to attend. Fine for lower league clubs who have half empty stadiums. I dont see how that's workable for larger clubs, if you pay for a season ticket and can only attend some games, how much do you pay? Link to comment Share on other sites More sharing options...
Popular Post Beechey Posted 25 May 2020 Popular Post Share Posted 25 May 2020 (edited) You all talking about now not being the right time to expand. I think now might be the perfect time (global finance slightly aside). Normally these expansions greatly reduce the capacity of a stadium while the work is ongoing, which causes a drag in revenue. However if there’s a ban on attendance, subsequently there is no drop in revenue as nobody can attend anyway. If the mass gathering bans last for a long time, then now would be ideal. Stadium expansions do not have to be funded by the club, but can be funded directly from the owners as these costs do not factor into FFP obligations. If Top wanted to, he could fund this thing and now would be the perfect time to start construction, free of constraints around fans on match days. Some food for thought. Edited 25 May 2020 by Beechey 7 Link to comment Share on other sites More sharing options...
Wymsey Posted 25 May 2020 Share Posted 25 May 2020 I doubt either The Emirates and The Etihad were built by the 'clubs'. So costs of expanding shouldn't be worried about, particularly if the club maintains or improves its current league position regularly and have very decent cup runs. Link to comment Share on other sites More sharing options...
urban.spaceman Posted 25 May 2020 Author Share Posted 25 May 2020 5 hours ago, Beechey said: You all talking about now not being the right time to expand. I think now might be the perfect time (global finance slightly aside). Normally these expansions greatly reduce the capacity of a stadium while the work is ongoing, which causes a drag in revenue. However if there’s a ban on attendance, subsequently there is no drop in revenue as nobody can attend anyway. If the mass gathering bans last for a long time, then now would be ideal. Stadium expansions do not have to be funded by the club, but can be funded directly from the owners as these costs do not factor into FFP obligations. If Top wanted to, he could fund this thing and now would be the perfect time to start construction, free of constraints around fans on match days. Some food for thought. Don't forget Top's income has been massively hit by the lockdown too! Though I agree I'd love them to get it done while we can't attend. 4 hours ago, Wymsey said: I doubt either The Emirates and The Etihad were built by the 'clubs'. So costs of expanding shouldn't be worried about, particularly if the club maintains or improves its current league position regularly and have very decent cup runs. Etihad was built by the Manchester City Council (£33m) and Sport England (£77m) for the Commonwealth Games in 2002. Man City paid £30m to change it to a football stadium way before Mansour came along. Not sure how much the south stand expansion cost but the owners paid £200m for the training centre and Etihad Campus next door. Link to comment Share on other sites More sharing options...
Leicester_Loyal Posted 25 May 2020 Share Posted 25 May 2020 10 hours ago, Foxin_Mad said: I saw in the news today that fans maybe allowed back next season it with social distancing and random ballots to see which season ticket holders get to attend. Fine for lower league clubs who have half empty stadiums. I dont see how that's workable for larger clubs, if you pay for a season ticket and can only attend some games, how much do you pay? **** that, I'd rather watch it at home with a few cold ones and save myself £30. I'd imagine you'll per pay game pro rota. Link to comment Share on other sites More sharing options...
snoopy87 Posted 26 May 2020 Share Posted 26 May 2020 On 24/05/2020 at 13:46, Webbo said: It's more expense that worries me. Moving to this stadium nearly ended the club, I don't want an unneeded extension finishing us off. I wouldn't say the expansion is unneeded imo. The season tickets have been sold out every year we have been in the Premier League. We have north of 31k every game. I'm sure I saw somewhere on here a few months back there's something like 15k members. Just take the Wigan cup game as an example, club only opened one stand, but the casual fan rocked up up until the day and it ended up being another 30k attendance. They're people who would use the expansion on occasion then eventually use it on a more frequent basis. My current situation, had my season ticket since Filbert Street, never thought i'd need to worry about getting another, and if I did I'd be good to do it. I've got 2 kids now who enjoy going down and I've had to get them memberships with the hope of getting them both a season ticket. Very difficult to do with our current set up because there just isn't enough space to accommodate them. 2 Link to comment Share on other sites More sharing options...
Popular Post davieG Posted 26 May 2020 Popular Post Share Posted 26 May 2020 My son used to go with 10 of his mates all ST holders, one by one as they got married and had kids they had to sacrifice their tickets now most of them have kids of an age where they'd like to go but they can't easily get tickets never mind STs. The only reason my son was able to carry on was because I subbed him for a few years through the pre-Pearson times which meant he was able to see us winning the Championship As far as I can suss out there are thousands out there who'd buy a ST. Sure if we hit bad times a few could drop out likewise with those who already have tickets. We'd still be in a cramped Filbo if someone somewhere hadn't decide to take a chance on us progressing. Sadly Taylor messed it up in the short term but we're back and intending to stay now. 10 1 Link to comment Share on other sites More sharing options...
Nicolo Barella Posted 26 May 2020 Share Posted 26 May 2020 22 hours ago, Beechey said: You all talking about now not being the right time to expand. I think now might be the perfect time (global finance slightly aside). Normally these expansions greatly reduce the capacity of a stadium while the work is ongoing, which causes a drag in revenue. However if there’s a ban on attendance, subsequently there is no drop in revenue as nobody can attend anyway. If the mass gathering bans last for a long time, then now would be ideal. Stadium expansions do not have to be funded by the club, but can be funded directly from the owners as these costs do not factor into FFP obligations. If Top wanted to, he could fund this thing and now would be the perfect time to start construction, free of constraints around fans on match days. Some food for thought. I bet Levy is salty about the timing of this virus, he could have definitely used it a couple years ago Link to comment Share on other sites More sharing options...
Hales Posted 26 May 2020 Share Posted 26 May 2020 I would love a ST too but cant get one, really hard to get a ticket too for most matches. I manage but would go more if I could actually get in 🙂 Link to comment Share on other sites More sharing options...
Beechey Posted 26 May 2020 Share Posted 26 May 2020 1 hour ago, davieG said: My son used to go with 10 of his mates all ST holders, one by one as they got married and had kids they had to sacrifice their tickets now most of them have kids of an age where they'd like to go but they can't easily get tickets never mind STs. The only reason my son was able to carry on was because I subbed him for a few years through the pre-Pearson times which meant he was able to see us winning the Championship As far as I can suss out there are thousands out there who'd buy a ST. Sure if we hit bad times a few could drop out likewise with those who already have tickets. We'd still be in a cramped Filbo if someone somewhere hadn't decide to take a chance on us progressing. Sadly Taylor messed it up in the short term but we're back and intending to stay now. Yeah, the issue is that there are not enough tickets in groups available for friends to watch. The only reason I'm able to go to the home games is because I have a friend who works for Nike that gets me tickets (thank God they're all London based...), otherwise I'd be stuffed. There are plenty (I'd bet into the tens of thousands) that would love to go to all home games with friends, but have absolutely no hope of achieving it, less so getting a ST in any reasonable timeframe. 1 Link to comment Share on other sites More sharing options...
Vestan Pance Posted 26 May 2020 Share Posted 26 May 2020 (edited) On 24/05/2020 at 13:46, Webbo said: It's more expense that worries me. Moving to this stadium nearly ended the club, I don't want an unneeded extension finishing us off. It wasn't really the stadium that forced the club into administration, it was a combination of the collapse of ITV digital and the subsequent huge fall in transfer fees in 2002. The business plan was always to sell players if we were relegated. Unfortunately the market rendered uncompetitive most of our players transfer fees and wages, we were stuck with players we couldn't afford. Taylor and Elsom also partly to blame for the silly contracts handed out to many mediocre players. Edited 26 May 2020 by Vestan Pance 3 Link to comment Share on other sites More sharing options...
artic fox Posted 26 May 2020 Share Posted 26 May 2020 On 25/05/2020 at 14:03, Beechey said: You all talking about now not being the right time to expand. I think now might be the perfect time (global finance slightly aside). Normally these expansions greatly reduce the capacity of a stadium while the work is ongoing, which causes a drag in revenue. However if there’s a ban on attendance, subsequently there is no drop in revenue as nobody can attend anyway. If the mass gathering bans last for a long time, then now would be ideal. Stadium expansions do not have to be funded by the club, but can be funded directly from the owners as these costs do not factor into FFP obligations. If Top wanted to, he could fund this thing and now would be the perfect time to start construction, free of constraints around fans on match days. Some food for thought. Very well stated Link to comment Share on other sites More sharing options...
leicesterseddon Posted 26 May 2020 Share Posted 26 May 2020 On 25/05/2020 at 14:03, Beechey said: You all talking about now not being the right time to expand. I think now might be the perfect time (global finance slightly aside). Normally these expansions greatly reduce the capacity of a stadium while the work is ongoing, which causes a drag in revenue. However if there’s a ban on attendance, subsequently there is no drop in revenue as nobody can attend anyway. If the mass gathering bans last for a long time, then now would be ideal. Stadium expansions do not have to be funded by the club, but can be funded directly from the owners as these costs do not factor into FFP obligations. If Top wanted to, he could fund this thing and now would be the perfect time to start construction, free of constraints around fans on match days. Some food for thought. Yes there's no doubt it's the perfect time to build when it comes to minimising disruption. But as you allude to, from a financial perspective it's the exact opposite really. Even if the financial hit this season is not catastrophic, there will be quite a bit of uncertainty regarding the club's revenue for a long time given the situation with crowds, fixtures, even which competitions we will compete in next year. When you talk about the owners "funding" the project I'm assuming this refers to a loan-with-interest (as was the case with the training ground)...FFP rules aside, I can see why King Power might not be too keen to do that right now, particularly as their business is likely to have been very badly hit. They might also question whether demand for tickets could be hit for some time due to economic reasons, given we are about to enter the biggest recession in 300 years. Call me a pessimist but I don't see how the current crisis could do anything but delay the timescale for an expansion. Personally I think they will concentrate on getting the training ground finished, put expansion on ice and then review in the autumn when they know a bit more. 1 Link to comment Share on other sites More sharing options...
whetstonefox Posted 26 May 2020 Share Posted 26 May 2020 Another consideration is that the economic hit may mean 3 to 4 million unemployed for a year or 2, ideal time to build , horrible time to predict not only football finances but the also the publics disposable cash to afford football amongst other things. That said by the time the stadium has been extended we may be on the road to recovery Link to comment Share on other sites More sharing options...
FoyleFox Posted 27 May 2020 Share Posted 27 May 2020 A very good reason why achieving Champions League / European football is important for us, the financial boost would be significant for our finances. Link to comment Share on other sites More sharing options...
dayday Posted 2 June 2020 Share Posted 2 June 2020 Something on Newsnow Leicester saying the new capacity will be around 42,000, cannot do the link Link to comment Share on other sites More sharing options...
Popular Post davieG Posted 2 June 2020 Popular Post Share Posted 2 June 2020 4 minutes ago, dayday said: Something on Newsnow Leicester saying the new capacity will be around 42,000, cannot do the link Leicester City give clearer picture of King Power Stadium expansion capacity Leicester City have drawn up plans to redevelop their home ground and a recent job advert has provided a clearer indication of the potential increase to the capacity ByJordan Blackwell 15:25, 2 JUN 2020UPDATED15:31, 2 JUN 2020 SPORT There plans to increase the capacity of the King Power Stadium There plans to increase the capacity of the King Power Stadium (Image: Matt Watson/Southampton FC via Getty Images) Leicester City have given a clearer indication of how many supporters the expanded King Power Stadium will hold, with the new capacity set to be close to 42,000. City are in the process of redeveloping their ground, with plans drawn up and fans surveyed on what they would like to see improved. The club’s latest accounts show £2.6m was spent on the project up to June 2019. The work will also see the capacity of the stadium increased, with the East Stand most likely to be developed. LeicestershireLive has previously reported that the capacity at the expanded venue would be in the low 40,000s, and City have now given a clearer picture. In a recent job advert, City wrote: “Investment in the club continues, with the opening of a new 180-acre training ground in north Leicester due in June 2020 and newly-announced plans to redevelop the King Power Stadium site... with a 30 per cent increase in capacity.” The stadium currently holds a maximum of 32,261 spectators. An exact 30 per cent increase would see 9,678 seats added, taking the capacity to a total of 41,939. Developing the King Power Stadium has always been an aim for the owners but they wanted to establish the club in the top flight first, and also wanted to guarantee that the atmosphere would be retained. Writing in the match programme before the opening game of the 2018-19 season, late owner Vichai Srivaddhanaprabha said: “It is something we have thought about a lot over the last eight years, but we had to be sure that the club was ready to take that step and that it was consistent with the sustainable growth of the club. “The King Power Stadium atmosphere has been such a big asset to Leicester City during that time that we had to make sure any possible expansion would be good for the matchday experience and the advantage it gives to the team on the pitch. “Having studied the evidence and current trends we felt now, following the growth and success of the last two years, was the time to move forward. “It’s a really exciting project that we are determined to deliver for our fans and the Leicester community. “King Power Stadium is already a major asset to Leicester that has not only been the stage for some of the greatest sporting stories ever seen, but it has brought some of the finest international sport to the city too. “Imagine what will be possible with an increased capacity, improved facilities and purposeful investment in the surrounding site. “We see it not only as an opportunity for the club, but as our duty to give the city of Leicester a venue and a destination worthy of its strong standing in world sport.” https://www.leicestermercury.co.uk/sport/football/football-news/leicester-city-give-clearer-picture-4185505 10 Link to comment Share on other sites More sharing options...
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