Is this a common theme amongst these kind of stadiums? Does it prevent potential investment from wealthy investors? http://www.express.co.uk/sport/football/429552/Hull-owner-Assem-Allam-hits-out-at-dead-KC-Stadium
Made me jump then Mabs. I thought I'd posted this article on the Premiership general board by mistake. Don't you sometimes wonder if a Vince Tan might be interested in your club, but the 3 way ground share arrangement is an obstacle in their path?
We did a similar thread a few weeks back but more generally around grounds not owned by the clubs rather than council owned. It started at the time Coventry were thrown out of their ground. When I looked into it, there were an awful lot of clubs that don't own their own ground. It must limit outside investment. Leeds being a case in point.
Given we have to share it with Hull FC, it's not exactly dead. Unless he's talking about the atmosphere... There's certainly very few concerts and whatnot.
To be honest with you ITIWRAN i would not let someone like Tan near the liberty, he will only get in there in February because he is your chairman, i am very happy with the people we have our Huw & Co, and long may it continue
Ground ownership must be an advantage when raising funds...if only for the collateral....as well as stability it brings. Otherwise, the attraction can only be future cashflows from operations
Swansea and Liberty Stadium is an unusual case, because the company is partly owned by the Swans it appears we may have a big part in decisions regarding the stadium, such as our club paying for the stadium expansion. It is used for rugby as well so it does get use outside of Premier Leavue games but during the in-season it is hardly used for anything else as far as the pitch and the seating is concerned. The building itself does host commercial activities such as wedding functions and large corporate meetings on a daily basis. The only big events not related to sport appear during the off-season.
Project! I tend to have interpreted Assem Allam's comments pretty much the same as you have. The link suggested at first glance to be a slight towards the fans but I think he was referring more to the clubs inability to use the stadium to it's maximum commercial potential due to restrictions laid down in the original ownership agreement. Allam is much more proactive than someone like Jenkins in the business sense though and want's a serious return on his investment, which in this era of football is the name of the game. Hence the reason he is planning to build and own a new stadium to ensure he gets what he wants.
Dont forget the sunday morning boot sale they have at the Liability , do the council run that as it is their land?
Stad co run it john and a damn fine boot sale it is to, now should Mr Tan Man come looking for his 7% i suspect there will be a fire sale at the CCS, and a damn fine one it will be also
our stadium in Brisbane is owned by the council, it seats I think 52,000 perhaps 55,000. it is used by football, league and union as well as concerts however having said that we are a different kettle of fish to over your way regarding revenue
