Investment

Quoted from Heisenberg

This is great news, of course, but when did £1.5m get you a brand new stadium on a Saturday? That’s what we really need. I hope the owners manage to find someone willing to see the dream, but i suspect it’ll never happen as JS and AP actually think our future needs to be at BP.

That’s not being critical, I like the new owners and they’ve done great stuff for the club, but I just wish a new stadium was on their wish list. I don’t think it is.

I’d love to see us in a new stadium as well but the economics would make it not only a terrible decision but an impossible one. There are no clubs of our size seeking to move at present, only Oxford but they’ve got a championship promotion, wealthy investors and their council on their side. The other one is Everton, look at the mess they’re in! It’ll end up costing them their premier league status.

I don’t think the owners have privately ruled out a new ground long term. I think their strategy will be slower progress, investment in the club as a whole, the training ground, BP, the squad and in time that might lead to a promotion or two, hopefully in slightly better economic climate where a new ground might be feasible.

Quoted from jimgtfc

I’d love to see us in a new stadium as well but the economics would make it not only a terrible decision but an impossible one. There are no clubs of our size seeking to move at present, only Oxford but they’ve got a championship promotion, wealthy investors and their council on their side. The other one is Everton, look at the mess they’re in! It’ll end up costing them their premier league status.

I don’t think the owners have privately ruled out a new ground long term. I think their strategy will be slower progress, investment in the club as a whole, the training ground, BP, the squad and in time that might lead to a promotion or two, hopefully in slightly better economic climate where a new ground might be feasible.

That may because they have already moved or redeveloped their existing ground .

Can you name me another club in the EFL that  hasn’t either moved or redeveloped their existing ground eg built a new stand in the last 30 years.?

Quoted from Blundellite

True words, I would love to see nothing more than watch town in a new ground before my time is up. surely with more people on board, more money, more business accumen it's got a better chance than before it was announced. It can't be anything but positive news even for this fanbase surely lol

The more people on the board with business acumen will make a new stadium less likely as they’ll understand,

- We can’t afford it.
- Getting into debt is a non starter
- The council won’t help
- There is no visible enabling project
- There is no visible grant
- Would there be enough interest in corporate or event facilities?
- Would there be a significant long term consistent increase in attendances while we’re in L2?

We all want better facilities for sure but I can’t understand while people keep going on about it as it’s years away.

When did a new stadium ever get you 3 points on a Saturday?

Quoted from HerveJosse

That may because they have already moved or redeveloped their existing ground .

Can you name me another club in the EFL that  hasn’t either moved or redeveloped their existing ground eg built a new stand in the last 30 years.?

Possibly Mansfield? In fact they knocked one down.

I let the dream of a new stadium go about 15-20 years ago, just try and enjoy BP for what it is - sometimes it's a case of be careful what you wish for -  going to Darlington,Colchester , MK , Donny and Oxford etc etc just makes me think how lucky we are to have missed the boat and still have a traditional old football ground - and let's face it ,if it had happened it would probably have  been the worst of the lot  ; Luton haven't done too badly with Kenilworth Road have they .

They are now moving to a new stadium after promotion to the EPL after getting it right with their recruitment and throwing in comparison to others a small amount of money at it - that's the only situation i can ever see a new stadium becoming viable or  required, if we somehow hit the jackpot and go right through the leagues .

Quoted from Heisenberg

This is great news, of course, but when did £1.5m get you a brand new stadium on a Saturday? That’s what we really need. I hope the owners manage to find someone willing to see the dream, but i suspect it’ll never happen as JS and AP actually think our future needs to be at BP.

That’s not being critical, I like the new owners and they’ve done great stuff for the club, but I just wish a new stadium was on their wish list. I don’t think it is.

That's not actually true about JS and AP as regards BP. According to what they said they don't think a new ground is  a priority at the present time. That doesn't mean our future is at BP but it's not the most pressing thing at the moment. With new investors on board and a couple of good seasons, especially if that could culminate in a promotion then the whole situation could change. We are now starting to have a board consisting of experts in the world of finance, property development, technology and business development. This is a far cry from our past when the board consisted of parochial businessmen, fish factory owners, accountants, glorified grocers and other obscure characters whose limit of expertise was within a 40 mile radius of Grimsby.

Interestingly to see some discussion around filling the corners on Twitter yesterday, few parties suggested crowdfunding as an option & The Trust replied to say:

“This has been looked at by the Club for possible ground improvements in the future, however costs are higher than something we could hope to raise at present.  We think all fans would welcome it and we hope that it’s something that can be looked into again in the future.”

No idea what that figure is though, would be nice to know.

Quoted from rancido

That's not actually true about JS and AP as regards BP. According to what they said they don't think a new ground is  a priority at the present time. That doesn't mean our future is at BP but it's not the most pressing thing at the moment. With new investors on board and a couple of good seasons, especially if that could culminate in a promotion then the whole situation could change. We are now starting to have a board consisting of experts in the world of finance, property development, technology and business development. This is a far cry from our past when the board consisted of parochial businessmen, fish factory owners, accountants, glorified grocers and other obscure characters whose limit of expertise was within a 40 mile radius of Grimsby.

I think this is a really good point, for the first time in our history we have people on the board who are there for the right reasons and have developed their personal wealth doing business collaboratively the world.

And not a bit of narcissism to be seen anywhere 🙂

I'd say attracting inward investment is one of their top three jobs as owners, so this is excellent in that regard. Sterling effort!

PS on reflection chris blor might be right to be sceptical about these new investors.  Am sure that Fenty said that there was absolutely nobody local who had money.nor was interested in investing in the club....

Presumably thats why he had to turn to failed racehorse trainers and ex lags?