Stadium Expansion *APPROVED* Sept ‘22 - Details / Images Released on Planning Site

[purpleronnie]

1 minute ago, tickler28 said:

Surely this will be shelved until we are at least re-established in the Prem?

I can't see it starting before that happens either.

[RoboFox]

Build it, and they will come.

 

They’ll leave early, but they’ll come.

[Bob Weasel Fox]

11 hours ago, FoyleFox said:

So, in summary, still no news. 

It needs to be done asap if we have any ambition at all going forwards 

[guest123]

7 hours ago, Tommy G said:

It's probably right to communicate a concrete strategy, timings, capacity, disruption. If they aren't there yet, then there is no point in chucking feed to the fish. 

 

A sensible option would be in a cpl of months as we will know more in Feb how likely we are to go up in auto's rather than the playoffs. I don't think the expansion hinges on us going up, but I can't see them starting it unless we do. 

it's stated on this thread earlier that on the stadium tour they are telling guests that it's paused until we go back up. whether that's true or not though who knows

[Jace]

6 hours ago, MPH said:

 

remember, this is only one stand we are upgrading. There can be a time and a place for others. Family stand looks ripe for an upgrade at some point…

It's actually not the redevelopment covers the north and south stands as well as the east stand. Both the north and south stands will be extended to the same depth as the west stand and its corners, it doesn't add extra seats but there will be major work involved to 3/4 of the stadium. Once it's completed I can't imagine there will be any future plans for a long time, as much as I like the plans that would be my only criticism of the current plans it doesn't allow for easy expansion past this. Something that incorporated potential expansion of the north and south longer term may have been a better option

[MPH]

19 minutes ago, Jace said:

It's actually not the redevelopment covers the north and south stands as well as the east stand. Both the north and south stands will be extended to the same depth as the west stand and its corners, it doesn't add extra seats but there will be major work involved to 3/4 of the stadium. Once it's completed I can't imagine there will be any future plans for a long time, as much as I like the plans that would be my only criticism of the current plans it doesn't allow for easy expansion past this. Something that incorporated potential expansion of the north and south longer term may have been a better option

 

 i was of course talking about expanding the stadium capacity

[foxes4life]

10 hours ago, Scanchez said:

Personally, I'd make it 62,500.
 

 

91k surely? needs to be the biggest in the UK, make a statement. 

[Spudulike]

54 minutes ago, tickler28 said:

Surely this will be shelved until we are at least re-established in the Prem?

Only about 6 or 7 clubs are ever established in the Premier League. All of the rest are only ever one bad season away from the drop. 

[Lambert09]

1 hour ago, purpleronnie said:

I can't see it starting before that happens either.

if that’s the attitude then the whole thing should be shelved then. 

 

Because what are we going to do if we are battling relegation next year, or the year after that. 

It’s a gamble but taking longer isn’t going to help reduce that, as we quite clearly just fell from the most stable position the clubs ever been in. 

[Chrysalis]

18 hours ago, MPH said:

 

remember, this is only one stand we are upgrading. There can be a time and a place for others. Family stand looks ripe for an upgrade at some point…

If we talking a decade to get one stand done, it needs to be more ambitious than 40k.  We filling the stadium in the championship, have a season ticket waiting list, and were not able to take advantage of our increased exposure from our stint in the EPL due to the stadium capacity, 40k will probably be immediately strangling us, 32k in 2023 is just average, 40k will be average by 2030.  This is especially apparent when the modern game has FFP based on revenue.

I think I touched on this earlier in the thread where I feel existing ST holders dont realise how bad the capacity problem is as they already have a ticket to every home game.

 

Do we want to keep up with other's or do we want to increase our status and actually make a step up.  I want the latter.

Edited 12 December 2023 by Chrysalis

[purpleronnie]

10 hours ago, Lambert09 said:

if that’s the attitude then the whole thing should be shelved then. 

 

Because what are we going to do if we are battling relegation next year, or the year after that. 

It’s a gamble but taking longer isn’t going to help reduce that, as we quite clearly just fell from the most stable position the clubs ever been in. 

If it isn't that, then what's the hold up?  

[ozleicester]

14 hours ago, MPH said:

 

 

100% agree.

 

Its also possible that during consultations with the local council some concerns may have been shared as to where the local transport/ infrastructure can cope with 50,000 piling out of the King Power all at the same time. I just believe it will be a phased project and with further stabilization of prem footy ( and proof the current expansion project works) , we'll expand further.

Idea - Introduce staggered departure times... starting at say....the 80th minute  

[MPH]

3 hours ago, Chrysalis said:

If we talking a decade to get one stand done, it needs to be more ambitious than 40k.  We filling the stadium in the championship, have a season ticket waiting list, and were not able to take advantage of our increased exposure from our stint in the EPL due to the stadium capacity, 40k will probably be immediately strangling us, 32k in 2023 is just average, 40k will be average by 2030.  This is especially apparent when the modern game has FFP based on revenue.

I think I touched on this earlier in the thread where I feel existing ST holders dont realise how bad the capacity problem is as they already have a ticket to every home game.

 

Do we want to keep up with other's or do we want to increase our status and actually make a step up.  I want the latter.

 

 

King power have long said that Leicester City needs to be self sufficient…  they’ll do it when it’s totally affordable for us to do it…the repayments for the construction will likely come from club funds. It’ll happen. We just have to be patient…

[Paninistickers]

3 hours ago, purpleronnie said:

If it isn't that, then what's the hold up?  

Gotta be money. I suspect the whole project is to be financed by bonds sold to nefarious far eastern investors/pension companies 

[Pita]

3 hours ago, purpleronnie said:

If it isn't that, then what's the hold up?  

Money they don’t want to spend it. 

[Paninistickers]

5 minutes ago, Pita said:

Money they don’t want to spend it. 

They ain't got it to spend. Everything KP does is on tick

[kristianity77]

Surely just building the extension makes it pay for itself no? I mean, even 5k more bums on seats over a season equates to tens on million of pounds in revenue.  The extension would pay for itself over the course of a few seasons. 

[Chelmofox]

10 minutes ago, kristianity77 said:

Surely just building the extension makes it pay for itself no? I mean, even 5k more bums on seats over a season equates to tens on million of pounds in revenue.  The extension would pay for itself over the course of a few seasons. 

Depends if we stay in the Championship and bums on seats drop. Get stuck in this league and we could be back to 20-25k attendances pretty quickly.

 

[SystonFox]

30 minutes ago, Paninistickers said:

They ain't got it to spend. Everything KP does is on tick

are they buying class A drugs or upgrading a premier league standard football stadia?

[Lambert09]

4 hours ago, purpleronnie said:

If it isn't that, then what's the hold up?  

my guess would be that’s it’s financial. The ripples of covid are still being felt and obviously the relegation would put another dent in our finances. Also the possibility that we are watching everton as their stadium was part of the reason they fell short on ffp. 

 

If it’s genuinely just a case of being worried we won’t be in the prem, then it’s going to be tricky because it will take years to comfortably establish ourselves again. So if the only way it’s affordable is continuous involvement in the top flight for the next 15 or so years… then i’d be sceptical to move forward with it. It needs to be financed by the owners with a willingness to cover any deficit should we have a period outside the top flight. It’s got to be a long term investment and we have to ride the waves that come with the long term in football. 

Edited 12 December 2023 by Lambert09

[jammie82uk]

On 09/12/2023 at 09:26, MattFox said:

 

All on the club now according to our dear leader

Just noticed all the new posts on here and seeing this, he obviously knows something the planning office doesn’t as the stadium planning is still conditionally approved with the section 106 still pending, the only thing that has been approved and what the club can do is the enabling works preparation to allow the beginning of the stadium improvements 

[dmayne7]

37 minutes ago, Chelmofox said:

Depends if we stay in the Championship and bums on seats drop. Get stuck in this league and we could be back to 20-25k attendances pretty quickly.

 

If we had already invested, attendances would have probs been maxed out every week in the PL so even by dropping down for a few seasons, we'd likely still see 30k because of the backlog of demand.

 

Not to mention that this is a regeneration project essentially so there's a lot of potential of other income on site including the hotel and arena. It should start bringing in the money.

[Langley]

49 minutes ago, kristianity77 said:

Surely just building the extension makes it pay for itself no? I mean, even 5k more bums on seats over a season equates to tens on million of pounds in revenue.  The extension would pay for itself over the course of a few seasons. 

 

if everyone is a ST paying £450 a season each year gross it'll be £2,250,00.

 

Season tickets dont' generate a lot of cash.

[Chelmofox]

1 hour ago, dmayne7 said:

If we had already invested, attendances would have probs been maxed out every week in the PL so even by dropping down for a few seasons, we'd likely still see 30k because of the backlog of demand.

 

Not to mention that this is a regeneration project essentially so there's a lot of potential of other income on site including the hotel and arena. It should start bringing in the money.

oh i agree. I think it will be looked at as an investment. I was just responding to the point it would pay for itself via additional bums on seats at matches. 

[Daggers]

5 hours ago, Langley said:

 

if everyone is a ST paying £450 a season each year gross it'll be £2,250,00.

 

Season tickets dont' generate a lot of cash.

But the new wave of ST holders buy shite overpriced shirts covered in wank graffiti.