Question Stadium update please!

[Napster]

Well there has indeed been some news

https://www.echo-news.co.uk/news/18...lity/?action=success#comments-feedback-anchor

blimey. good stuff.

 

[Tommy2holes]

I sounds as though the plans being redrawn will get the green light. I'm sure that Ronald would have been sounded out about this is due course and has already started/completely had plans redrawn.

If these can be submitted quite quickly it will get passed.

My concern is the 14k capacity and the potential 3 sided stadium. I'd much rather a stadium like Rotherhams at a 14k capacity than some 3 sided affair.

 

[Tommy2holes]

Mods. Does this deserve it's own thread on the main board?

It's a big update

 

[Shrimpergonzo]

More about it on the Council website than in the Echo https://www.southend.gov.uk/news/ar...nt_reached_to_see_new_stadium_and_homes_built

Headline news:

In outline the arrangements with Citizen are as follows:

• Southend United Football Club seek planning permission for both developments.
• if planning permission is granted, Citizen Housing LLP will facilitate the funding and construction of both sites. The Council will not be required to invest any capital in the development of either site but its covenant strength enables the financing of the transactions.
• the Council will be granted long leases over the 502 homes at Roots Hall and the c.800 new homes constructed at Fossetts Farm.
• the rent payable by the Council will be set at a substantially discounted level to open market rents therefore enabling the Council to benefit from a long-term sustainable income stream from the completed units.
• the Council will facilitate the management of the leased homes and will sublet the individual units to residential tenants, 30% at affordable rents and the balance at market rents.
• the Council will have the option to purchase the freehold of the leased homes for £1 at the end of the leases, enabling the Council to continue to meet the needs of the community.
• the Council will not be involved in the stadium construction but a legal framework will ensure that the new stadium is delivered at Fossetts Farm before Roots Hall can close.

 

[Mr Browns Ghost]

I sounds as though the plans being redrawn will get the green light. I'm sure that Ronald would have been sounded out about this is due course and has already started/completely had plans redrawn.

If these can be submitted quite quickly it will get passed.

My concern is the 14k capacity and the potential 3 sided stadium. I'd much rather a stadium like Rotherhams at a 14k capacity than some 3 sided affair.

rotherhams ground is a good little stadium I agree

 

[Cricko]

All sounds very positive now...

 

[MK Shrimper]

14000 is not a vast improvement on 11000, but I guess we won't be near the Championship any time soon....if ever.

 

[OldBlueLady]

???

 

[BILLERICAY BLUE]

So how will the club benefit financially, if the shops, cinema etc are no longer there. Also no mention of the hotel that was being built...

 

[Shrimpergonzo]

I wonder if this actually a change to the stadium design? The press release talks about phase 1 being 14000 capacity, reading back about the currently submitted plans, the architects website says:

The stadium will be built in two phases. First the simple and cheap part: single-tiered C-shaped stands in the west, south and east, holding 13,893 people.

So I wonder if this deal enables us to crack on with the 3-sided stadium plans and Ron is still planning the main stand in conjunction with Hilton hotels?

 

[OrangeyBrown]

14000 is not a vast improvement on 11000, but I guess we won't be near the Championship any time soon....if ever.

True, but the other benefits are massive with regards to training and youth facilities assuming the plans are similar to before.

 

[tottenham541]

I’ll believe it when the first brick is layed

 

[Flinty]

so how will the club receive non football related income if the proposal is now purely housing ? aren't we just moving the existing issues from one site to another ? or am i missing something ?

sorry Billericay i think we posted at the same time

 

[LennySUFC]

so how will the club receive non football related income if the proposal is now purely housing ? aren't we just moving the existing issues from one site to another ? or am i missing something ?

Exactly the question I was about to ask! I thought one perk of moving was to increase revenue all year round.

Also interesting regarding the 2 phases, I really don't like the idea of playing in a three sided stadium. They always look ****.

 

[Voice of Reason]

Il believe it when I m sitting in my seat watching kev mahers testimonial

 

[Shrimper]

so how will the club receive non football related income if the proposal is now purely housing ? aren't we just moving the existing issues from one site to another ? or am i missing something ?

sorry Billericay i think we posted at the same time

I'm guessing we can host other events and could get x % from income on houses?

 

[Tommy2holes]

so how will the club receive non football related income if the proposal is now purely housing ? aren't we just moving the existing issues from one site to another ? or am i missing something ?

sorry Billericay i think we posted at the same time

I'm pretty sure that Southend United will hold leases of all the newly built property and will allow the council to rent them at a cheap price and subsequently sub let them to tenants. The council make money as so do the club.

At the end of the lease (usually) 99 years the club will offer the leasehold to the council so that the properties will be solely theirs.

 

[wakes123]

I’ll believe it when the first brick is layed

Exactly my thoughts. Been too many 'we're nearly there' 'work will start in Spring' bollocks over the years I can't get excited over this yet.

 

[C'mon you Shrimpers]

I think it is important to read the statement on the Council website. The council will have no input into the stadium but it is clear that Roots Hall remains until the new stadium is built. It does seem the 14000 is phase one. All in all encouraging as this is what the council and its leader are saying as well as Ron. Blimey I might be alive to see it.

 

[wakes123]

Coronavirus will somehow muck this up.