Question Stadium update please!

[pete boss]

guys this is great news.. no doubt it will be built with the additional space ready for new seating ect...when the club comes up from the national league in 2022/23 and fans start to return slowly.. but i think its a stadium for the future and we do norm go on a run where we get a good team together and start to climb the leagues... seen it many times last 40 years ... ron will fill his accounts and get all his companies back in the black..but he has paid out a few squid to keep us alive...

 

[leeblue]

Southend united will not benefit financially from the property development side of things. Be assured of that. The off shoot of this development is that there will be a three sided ground built for us to play in. Hopefully the 4th side isnt too long in coming.

 

[Special Blue]

Seems great news but would love to hear from @Sherif H who knows his stuff.

 

[MK Shrimper]

Please try and post something positive for once. Must be hard being so negative all the time

You need to take your head our your arse. Hopefully they'll be a club to support at all when the season kicks off again. I believe there's an unpaid bill of £600K on the horizon, points deduction next season due to unpaid wages which may send us into non-league.

That depressing enough or just reality?

 

[MisterStubbs]

Surely planning permission will be given if we’ve “reached an agreement” with all parties?

 

[kentblues]

You need to take your head our your arse. Hopefully they'll be a club to support at all when the season kicks off again. I believe there's an unpaid bill of £600K on the horizon, points deduction next season due to unpaid wages which may send us into non-league.

That depressing enough or just reality?

There obviously will be a club as a development worth £10s of millions to SBC, the Club and Housing England depends on it. £2-3 million to capitalise the club in the meantime will be out of the petty cash tin.

Repeatedly saying there will be a points deduction next season due to unpaid wages wont make it so. As has been pointed out previously no club has ever been docked points for unpaid wages, and indeed the EFL and clubs discussed this at the beginning of this season to consider the possibility of bringing it in as a penalty for next. Its the EFL so nothing happened. So I am afraid in all likelihood the club will exist and we will have no points deduction. Sorry..

 

[kentblues]

Surely planning permission will be given if we’ve “reached an agreement” with all parties?

SBC are the major partner in this and have agreed the project in principle and going as far as getting Housing England on board for funding, the planning permission is given by...I think it answers all our questions really.

 

[Yorkshire Blue]

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

14,000 and room to expand to 21,000 seems like a vast improvement over 11,000 to me.

So if there are 1300 properties all told.

Sufc let them to the council at £300 each. The council then let them at £600 each.

Both the club and the council would make £390k per month or just over 4 million per year. Win win for both parties.

SUFC won't be owning anything. We will be renting our own ground.

 

[Ricey]

14,000 and room to expand to 21,000 seems like a vast improvement over 11,000 to me.



SUFC won't be owning anything. We will be renting our own ground.

Wasn’t that what Coventry were doing with the Ricoh?

 

[BriggBlue]

this really is fantastic news, we should end up in a new stadium with a team comprising of a lot of our academy graduates with a real feel good atmosphere around the club, he cut it very close lots of times but there has to be some gratitude to Ron for this however reluctant.

with regards to the 4th stand is the agreement with Hilton still in place? I don't see why losing the cinema and leisure will make much of a difference to their interest, after all not many people book a room to watch avengers or have a frankie and bennys.

 

[BriggBlue]

14,000 and room to expand to 21,000 seems like a vast improvement over 11,000 to me.



SUFC won't be owning anything. We will be renting our own ground.

I take it we will be renting it from one of Rons other companies?

 

[Chairman Trigg]

Will keep everything crossed.....Just hope this current crises doesn't have any nasty twists coming our way.Ron certainly doesn't have luck with regard to timing .First the banking crises and now Covid
Very hard at the current time to believe that normal life will return anytime soon.

 

[rlb999]

Is it actually confirmed that what we're proposing only has 3 stands?
That's a guaranteed Oxford situation if true - the 4th will never happen - why would it?

 

[Skyblue]

Id rather a stadium like Colchester with four sides and the ability to fill in the corners to increase capacity if needed. I hate Oxfords ground, just seems so …. unfinished and untidy.

 

[Ricey]

Surely the 4th side has to happen as isn’t that the main stand?

 

[Yorkshire Blue]

I take it we will be renting it from one of Rons other companies?

I don't actually know who owns Fossets Farm. I'm not even sure if Ron does yet or if he just has an option to purchase it through one of his companies.

Even if it is one of Ron's companies, it won't necesarily remain Ron's company. Property Developers tend not to hold onto property after it's been developed: Property Management is a different business to Development.

 

[kentblues]

For those worried that Ron might not come up with the HMRC money I think we should begin to look at the partners in this even beyond SBC and Housing England.

Citizen Housing has I think two owners Ron/Jack (son) and Allied Commercial

Allied Commercial Holdings Limited - Company Profile - Endole

Allied Commercial Holdings Limited is an active company located in London, City of London. View Allied Commercial Holdings Limited profile, shareholders, contacts, financials, industry and description.

suite.endole.co.uk

From this link you will see a few £10s of millions sloshing around and owned by Alexander Dellal and his father Guy Dellal. That latter being the son of the property tycoon and original owner "Black Jack" Dellal who reputably was worth about £5 billion when he died in 2012.

Jack Dellal - Wikipedia

en.wikipedia.org

Some other estimates put his real wealth in the embarrassingly insignificant £100s of millions. Difficult to tell because multitude of companies, assets etc.

I expect someone will sub Ron the money..

 

[Napster]

For those worried that Ron might not come up with the HMRC money I think we should begin to look at the partners in this even beyond SBC and Housing England.

Citizen Housing has I think two owners Ron/Jack (son) and Allied Commercial

Allied Commercial Holdings Limited - Company Profile - Endole

Allied Commercial Holdings Limited is an active company located in London, City of London. View Allied Commercial Holdings Limited profile, shareholders, contacts, financials, industry and description.

suite.endole.co.uk

From this link you will see a few £10s of millions sloshing around and owned by Alexander Dellal and his father Guy Dellal. That latter being the son of the property tycoon and original owner "Black Jack" Dellal who reputably was worth about £5 billion when he died in 2012.

Jack Dellal - Wikipedia

en.wikipedia.org

Some other estimates put his real wealth in the embarrassingly insignificant £100s of millions. Difficult to tell because multitude of companies, assets etc.

I expect someone will sub Ron the money..

and the Zakays are involved as well. see my post before.

 

[kentblues]

Is it actually confirmed that what we're proposing only has 3 stands?
That's a guaranteed Oxford situation if true - the 4th will never happen - why would it?

I think it is unclear.

Either it is the original plan phase 1 three sides the quickly 4th- this was definitely unlike Oxford happening as Hilton had signed up for the hotel incorporated into the 4th side.

It could be read that the new stadium will be smaller (14k capacity) and be expanded to 21k later. This suggests a smaller 4 sided but expandable stadium.

Either way I don't this a 3 sided stadium will be with us long if at all.

 

[kentblues]

and the Zakays are involved as well. see my post before.

I assume they are not sleeping in boxes under the embankment either?