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#Barclays 24/25


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1 hour ago, southernrover said:

It gets on my wick how people preach about levelling up then pump the money into Manchester. That place has gone though an unfathomable transformation over the past three decades. It is by a long disance England's closest resemblance to the capital in terms of sport/culture/economy/tourism.

Fvck building any more military scale shite there.

To be fair the IRA can take a lot of credit for kick starting the redevelopment. 

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9 hours ago, parsforlife said:

How much debt is there still to be serviced from the wembley rebuild?  There's not a chance anything that can take events away from there is getting funded

That was my thought as well. I'm a big fan of Manchester in general and have a preference for United over City, but I'd be asking questions if tax money was granted to United. The city has the Etihad and other facilities. I hope United succeed but I don't want to pay for it.

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10 hours ago, parsforlife said:

How much debt is there still to be serviced from the wembley rebuild?  There's not a chance anything that can take events away from there is getting funded

It was projected to be paid off this year, but then something happened in 2020 that hit profits. 

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I had hoped that Ratcliffe was going to be successful in getting his shoes under the table. I always liked the cut of his jib. 

He can f**k right off though with any talk of state funding for a New Trafford. He can also f**k right off with any talk of Greenwood wearing the shirt again. And his three year aim is a nonsense as well. 

I think I’d rather have the Glazers being mute than Ratcliffe’s first official ramblings. 

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Being a billionaire is just an acceptable and celebrated type of grifting. Their "talent" is convincing, or strong-arming, mugs to part with their cash. Using northern and civic pride to drum up support for something which is simply a money making opportunity for him is pretty clever tbf. 

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Getting concessions/funding from local governments to build stadiums/arena is a very North American thing. Usually it's done under threat of "I'll move the team to somewhere else that will give me all the concessions I want", and usually it's just a bargaining tactic and usually it works. I can only really relate to this through hockey arenas so here are the recent ones:

Rogers Place - Wikipedia - built for the Edmonton Oilers as owned by billionaire Darryl Katz. 

Quote

The arena was funded by the following sources:[21][22]

$231 million from the Community Revitalization Levy (CRL) and other incremental revenues (increased parking revenue, reallocation of existing subsidy paid to Northlands and new taxes from business in the arena)

$125 million from ticket surcharge on all events in the new arena

$137.81 million from lease revenue for the Arena

$27.68 million in cash from Edmonton Arena Corporation

$92.2 million from other government sources

Little Caesars Arena - Wikipedia - built for the Detroit Red Wings as owned by the billionaire Ilitch family.

Quote

It was originally announced that Little Caesars Arena would cost $450 million to construct, on top of an additional $200 million for constructing the new district. $285 million of the total $650 million cost would be public funds, with $365.5 million in private funding.[34][92]

On May 23, 2017, it was reported that the cost of the arena had risen to $862.9 million.[12]

UBS Arena - Wikipedia - built for the New York Islanders as owned by... some guys. I can't actually figure out how much this cost or who paid for it, but 1.5 billion dollars seems the given amount. I imagine it's more expensive to build something in New York than it is in Edmonton or Detroit.

Climate Pledge Arena - Wikipedia - rebuilt with a view to getting an NHL team and an NBA team - for reference the expansion fee for Seattle's NHL team was 650 million. https://www.seattlecenter.com/about/plans-and-projects/arena

Quote

Project Funding
Redevelopment of the Arena complex is financed and paid for privately, solely by OVG and its partners, through a development and lease contract with the City of Seattle.

Those of an Arsenal persuasion may also like to know that the Kroenke family, despite owning about a dozen sports teams of various levels in Colorado, are also at it with attempts to get the city of Denver to pay for new developments in the city centre and around their venues.

It's also worth remembering that these are effectively 20,000 capacity concert venues that happen to be able to support a sports team for 40-60 home dates a season, so there are a lot more opportunities to make money by hosting events than there would be at a football stadium. 

I think it's safe to say that the Monaco dwelling, 30 billion net worth Mr. Ratcliffe may find a much poorer appetite from both government and public to fund a stadium for the most valuable sports team in the world playing in the most valuable league in the world. Especially when one of his star players has a history of telling the government to not cut off free school meals for children. 

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I have both lived and worked in Manchester and I can see why folk would like it.  I would love to hear a conversation between ex-shop steward Alex Ferguson and ex-Brexiter/tax exile Jim Ratcliffe.  Ultimate Barclays.

 

 

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2 hours ago, DrewDon said:

The game's gone. The game has officially gone. 

Defo.  I remember the days when you only knew a footballer was married because they put one picture of their family in their autobiography.  I don't recall my Blue grandad telling me about Dixie Dean's wife's choice of soft furnishings etc. 

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