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But what's the profit on a £250k house? How many will they be able to build on that plot? Let's guess at 20% profit (pending someone correcting it) so that's 600 £250k houses. And how much of their profits would the developer be prepared to forego to subsidise the stadium?

60 years looks too long to me. I think most modern commercial buildings are assumed to have a life of 40 years, so that's £750k p.a. in rent without accounting for any maintenance and service charges (the estate it's on will need to be maintained as well as the building structure. That's a big % of the club's turnover.

Also the new ground along with the Conference facilities, restaurant and extra pitches to rent out should generate a significant amount of extra income that would pay off a huge mortgage. Would be like a house that you rent out, mortgage would pay itself.

Will this new ground include much enhanced training facilities and increased sport science possiblities. As long as there's a viable strategy in place with a contingency plan then we should see footballing developments as well as more cash.

Warning back of the homosexual  packet calculations alert!!! (Edit swear filter gone mad!)

Extra 1000 on the gate = 460k per annum + the extra ancillary sales on the day. Aside from that all the other income from all the other venue facilities. It's not too hard to conjure up figures that make it look reasonable.

I've worked on a range of development business cases some over 20 years right up to 60 so that sort of range wouldn't be unusual for me.

Obviously there are going to be lifecycle costs but so too at Blundell park and given the condition of that it may even be cheaper at the new stadium over the whole life cost.

Quoted from Swansea_Mariner

Warning back of the homosexual  packet calculations alert!!!

Extra 1000 on the gate = 460k per annum + the extra ancillary sales on the day. Aside from that all the other income from all the other venue facilities. It's not too hard to conjure up figures that make it look reasonable.

Appreciate it's just the back of a homosexual packet Swansea, but it looks a bit risky to me. We still know nothing about the non-matchday income - who will get it? Nothing says we will. Not saying we won't, but the owner holds all the cards. And how much are we actually talking about? I seem to remember RRFC had some comments recently about the distinct lack of such income at other new grounds.

What if the extra 1000 doesn't materialise? Any hard evidence to say they will come? Ticket revenue per head would lower too as 460k assumes the full turn-up on the day, adult price.

Not saying it won't happen, but until the business case is done with some hard numbers, I'm worried.

Quoted from Swansea_Mariner

I've worked on a range of development business cases some over 20 years right up to 60 so that sort of range wouldn't be unusual for me.

Obviously there are going to be lifecycle costs but so too at Blundell park and given the condition of that it may even be cheaper at the new stadium over the whole life cost.

I'll bow to your experience on that then.

The current calculations for non-matchday income at The BP are made easier by the fact that there isn't any.

Quoted from KingstonMariner

But what's the profit on a £250k house? How many will they be able to build on that plot? Let's guess at 20% profit (pending someone correcting it) so that's 600 £250k houses. And how much of their profits would the developer be prepared to forego to subsidise the stadium?

60 years looks too long to me. I think most modern commercial buildings are assumed to have a life of 40 years, so that's £750k p.a. in rent without accounting for any maintenance and service charges (the estate it's on will need to be maintained as well as the building structure. That's a big % of the club's turnover.

Wouldn't have thought it would be as high as 20% but it depends on the price of the land to begin with. If the council make it attractive enough, someone will take it on. The council will make some money as well as meeting local housing demand. This could be a win for all concerned if done right.

Does £250k really pass as affordable housing nowadays?  Holy moly.

Done a bit of research and the mean house price in the area is about £100,000, if we assume the house has 2 bedrooms.  Newly built housing designed to be affordable surely can't be more than £150k?  Or I am just living in cloud cuckoo land?

surely not anything like all the houses will be priced at a quarter of a mill? or am i missing something?