weststander
Manager
Q: "and has always been close to this amount (o/site 3/10/06 - the stadium element will cost upwards of £25million excluding the hotel complex) no real difference here"
A: The difference between say £35M and £80M is the topic of the thread
The 35 million is for the stadium, the £45 million, i presume is for the Hotel, the flats, the shops, the academy, the training ground and the car park. Along with the improvements to the road system that we have to contribute to and the large amount of cash we have to give to southend council under some scheme that i'm not that hot on but all major developments have to give so much to the council, i believe to use on community projects ???
Q: Do you know that Morgan Stanley have insisted on this as i dont remember reading anywhere that this is the case, please correct me if i am wrong
A: This was reported in the Evening Echo I believe under quote from RM himself
I stand corrected, as i am not an avid reader of the Echo i did not realise that this was the case.
Q: Not quite true the official site on the 7/3/08 quotes a figure of just over £50million and had £80 million been cofirmed by Ron ?? It could be a bit of sensationalist journalism by round up figures. If this figure is correct is there a simple way of explaining why its has increased thos much e.g. credit crunch, higher fuel prices etc etc.
A: Are you RM's spokesperson and know this to be a fact ? A seat in any typical current build stadium is on all last known industry figures quoted at upper estimate = £1,600. Hence 1,600 x 22,000 = £35.2 million, so where does £50 or £80M come from ?
This exactly backs up my point ! the £35.2 million is for the stadium and i assume the rest is for all the bells and whistles that go with it and no i'm not Rons spokesman, the last one, Mr Main, didnt last very long.
That was the purpose of the thread, to seek clarification and your "credit crunch/fuel prices" does not account for up to £45M black hole.
No it doesnt but if you carefully read what i wrote you will see that i only threw it in as a suggestion but after thinking further you will see that i offer a few more suggestions as to where the money will be spent.
Q: correct me if i am wrong but Ron/Martin Dawn bought out the other owners of the club (Delancy) before we asked for planning permission, which was the reason for its delay in the first place so how can he be using some of the money to pay them off ???
A: Are you taling about SUFC or Fossett Park development site ?
RM simply says more or less that, but the ultimate ownership of FF is not transparent from UK company records. The trail goes to Cyprus, and a company called: Jetbury Ltd, who have a reg office in Jersey but are incorporated in Cyprus.
As far as i was aware, and i my be a little naive here but i thought that the project will be owned by the club and the club is owned by RM/Martin Dawn and the financing of the stadium will be done as an SUFC thing.
Have not yet asked a contact/agent to go along to the registry in Cyprus, as had expected openness/disclosure to not be a problem to RM [if the assumptions made in your question were true], but it seems not to be the case, hence suggest you re-issue the question to RM himself.
Q: Excuse the flippancy but, to build the stadium and complex ???
A: Exactly, so why is it "Spun" in relation to an article concerning SUFC, as RM has not made it clear what or whether any "complex" buildings are to be part of SUFC revenue streams .. viz the request for clarity of the wider details & questions in that repsect [non answered].
I would probably think that these income streams are sensitive information to SUFC/RM and any potential leesees to would not expect anything to be divulged.
Q: Nor does he have to and i truly belive that 90/95% of the clubs support dont want to know they just want to sit in a shiny new stadium watching their favourite football team without knowing how every penny was spent building it.
A: Depends on your viewpoint and if the management want to carry grass roots supporters along and satisfy their concerns against their high ticket prices etc being as a conseqnce of the club being ripped of by the developers and the development costs/rental terms under any future lease.
Well as you quote only 5% of shrimperzoners read the FF forum and this community is but a small section of the clubs fanbase who dont seem to be battering down Rons door for the answers then i would suggest the majority of fans just want the stadium built without knowing the ins and outs.
Q: The £80 million is to build the Fossetts Farm Stadium and Complex so isnt that really where the thread should be ???
A: No. The question is financial, pertaining to how this figure has been arrived at and what it actually relates to as we know the sum is far in excess of the projected cost of stadium as publicised.
We probably got three estimates and went for the mid price one, and we all know that you never pay under the estimated price . Plus the figure relates to the Fossetts Farm complex, so it should be there !
Suppose to that extent £35M can be attibributed to FF out of ther £80M so the mods could say they are 44% correct to t/f to FF or 56% wrong.
Either way it does not promote healthy debate by moving to the graveyard.
Q: Not knowing much about mortgage fraud i cant comment, but by the fact that you have mentioned it, even under caveat, suggests that you think this is what is going on. Again i dont know but perhaps you should be a little more careful when you bandy these words around.
A: Do not seek to "suggest" anything of the sort, or put words into my mouth or your slant/interpretation on my statements.
I always choose my words carefully but thank you [not] for the advice.
If you didnt seek to suggest it then why mention it at all ??? You must have been thinking something along those lines to write what you did. If not then why write it ??
Q: Seat for Life was mentioned as one way of raising income, it is very common in new stadia in the USA and as Ron spoke to an American Bank i'm not really suprised that it was mentioned. It has never been said that this WILL happen and certainly no figures have been published so how can you know that the seat for life price has doubled ???
A: I don't but by the same token, neither do you. That is the reason that grass roots supporters need input/answers upon these further questions or
issues of concern.
If it is decided that Seat for Life is a goer then we will be told and how much it will cost us. Doesnt matter what the original price was, RM might have thought about giving them free with a packet of Rice Krispies and then changed his mind and made it Frosties and then changed it again and come up with a figure, all we need to know is the end result and no doubt he will milk it for all he thinks he can get, thats business.
Q: I hope and believe that the new stadium will eventually be of great benefit to the club and its aspirations, however, i can see a tough few years not only until we get the stadium but for the first 5 or even 10 when we move in.
A: No question raised.
Can i respectfully suggest Ian that you phone or email Ron again and put these questions again, but at the same time phone or e-mail the Chief Executive of Sainsburys to ask them how they propose to pay for the new Superstore that will be going on the Roots Hall land as we want to be sure that they can pay for the land so that we can put it towards the new stadium.
