| Will it still be the Liberty? 17:17 - Jun 30 with 2958 views | 3swan |
Wasn't it a 5 year deal that was extended to 10 years?
So that time is up? |  | | |  |
| Will it still be the Liberty? on 17:23 - Jun 30 with 2939 views | Scoobyjack |
No Leigh Dineen in Jack Swan said that the deal is about to expire, and there are negotiations with new sponsors (£3m I think) , but there will be NO benefit for us, as the stadium costs have risen and the management company get the money anyway.
Quite an interesting read; Linky http://issuu.com/jackswan/docs/issue_38 [Post edited 30 Jun 2015 17:25]
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| Will it still be the Liberty? on 17:25 - Jun 30 with 2934 views | whiterock |
| Will it still be the Liberty? on 17:23 - Jun 30 by Scoobyjack |
No Leigh Dineen in Jack Swan said that the deal is about to expire, and there are negotiations with new sponsors (£3m I think) , but there will be NO benefit for us, as the stadium costs have risen and the management company get the money anyway.
Quite an interesting read; Linky http://issuu.com/jackswan/docs/issue_38 [Post edited 30 Jun 2015 17:25]
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£1m pa | | | |
| Will it still be the Liberty? on 17:29 - Jun 30 with 2917 views | 3swan |
| Will it still be the Liberty? on 17:23 - Jun 30 by Scoobyjack |
No Leigh Dineen in Jack Swan said that the deal is about to expire, and there are negotiations with new sponsors (£3m I think) , but there will be NO benefit for us, as the stadium costs have risen and the management company get the money anyway.
Quite an interesting read; Linky http://issuu.com/jackswan/docs/issue_38 [Post edited 30 Jun 2015 17:25]
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Thanks | | | |
| Will it still be the Liberty? on 17:55 - Jun 30 with 2862 views | Clinton |
He was a bit cagey there wasnt he ?
Mind you trying to find out anything about the finances of the SSMC seems difficult. Not a lot of meaningful information is easily available. This was the best I could find
http://www.southwales-eveningpost.co.uk/Liberty-Stadium-management-company-profi
Could anyone help out with any of the following information. After all the stadium is part owned by the council so the information should not be a secret:
- how much does Liberty pay per annum for naming rights at the moment ?
- how much liabilities does the stadium have at the moment ? There is talk of some balance sheet liabilites on one of the articles I read.
- If the stadium is currently profit making; and the new rights are for more money; how come the club would not profit by a proportion of the increased income.
- what's all this forward maintenance thats being mentioned? The stadium looks in pretty good shape to me. |  |
| If you can fill the unforgiving minute.
With sixty seconds' worth of distance run,
Yours is the Earth and everything that's in it,
And - which is more - you'll be a Man, my son! |
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| Will it still be the Liberty? on 18:49 - Jun 30 with 2733 views | whiterock |
| Will it still be the Liberty? on 17:55 - Jun 30 by Clinton |
He was a bit cagey there wasnt he ?
Mind you trying to find out anything about the finances of the SSMC seems difficult. Not a lot of meaningful information is easily available. This was the best I could find
http://www.southwales-eveningpost.co.uk/Liberty-Stadium-management-company-profi
Could anyone help out with any of the following information. After all the stadium is part owned by the council so the information should not be a secret:
- how much does Liberty pay per annum for naming rights at the moment ?
- how much liabilities does the stadium have at the moment ? There is talk of some balance sheet liabilites on one of the articles I read.
- If the stadium is currently profit making; and the new rights are for more money; how come the club would not profit by a proportion of the increased income.
- what's all this forward maintenance thats being mentioned? The stadium looks in pretty good shape to me. |
Stadium may look in good shape but it's 10 year old, not saying there's anything wrong but all the steelwork needs repainting before corosion sets in, not cheap, in fact everywhere needs updating, and we could be looking at quite a few million. So any stadium naming rights will soon get eaten up.
Personally, I wouldn't touch buying it with a barge poll. | | | |
| Will it still be the Liberty? on 19:15 - Jun 30 with 2688 views | balboajack |
| Will it still be the Liberty? on 18:49 - Jun 30 by whiterock |
Stadium may look in good shape but it's 10 year old, not saying there's anything wrong but all the steelwork needs repainting before corosion sets in, not cheap, in fact everywhere needs updating, and we could be looking at quite a few million. So any stadium naming rights will soon get eaten up.
Personally, I wouldn't touch buying it with a barge poll. |
We should buy the stadium outright, then we can run it better and hopefully make more money off it.
Then, if we get a new sponsor, Life's Good and everyone's happy :) | | | |
| Will it still be the Liberty? on 21:26 - Jun 30 with 2534 views | whiterock |
| Will it still be the Liberty? on 19:15 - Jun 30 by balboajack |
We should buy the stadium outright, then we can run it better and hopefully make more money off it.
Then, if we get a new sponsor, Life's Good and everyone's happy :) |
So we spend anything North of £20m to 'hopefully' run it better?
Bendy Bus scenario | | | |
| Will it still be the Liberty? on 23:20 - Jun 30 with 2407 views | scottishjack |
| Will it still be the Liberty? on 21:26 - Jun 30 by whiterock |
So we spend anything North of £20m to 'hopefully' run it better?
Bendy Bus scenario |
Or...?
I live in a council house but have recently come into a bit of money and I'm looking to tidy the place up and possibly add an extention...Should I purchase the property first? Or add value to it and then see what the council think?
FFS! |  | | |
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| Will it still be the Liberty? on 23:43 - Jun 30 with 2377 views | SwansNZ |
| Will it still be the Liberty? on 23:20 - Jun 30 by scottishjack |
Or...?
I live in a council house but have recently come into a bit of money and I'm looking to tidy the place up and possibly add an extention...Should I purchase the property first? Or add value to it and then see what the council think?
FFS! |
It’s not really the same though. The council could take the house back from you and get more tenants from thousands of different ones. There would be no other suitable tenants of the Liberty. I’m sure a contract could be drawn up to protect all parties, with only the Swans benefiting from the extension — all extra income go directly to the Swans.
I see no reason to buy the stadium. |  |
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| Will it still be the Liberty? on 00:08 - Jul 1 with 2345 views | scottishjack |
| Will it still be the Liberty? on 23:43 - Jun 30 by SwansNZ |
It’s not really the same though. The council could take the house back from you and get more tenants from thousands of different ones. There would be no other suitable tenants of the Liberty. I’m sure a contract could be drawn up to protect all parties, with only the Swans benefiting from the extension — all extra income go directly to the Swans.
I see no reason to buy the stadium. |
Let's agree to disagree, but I see no need to invest in something that belongs to someone else... It's a good talking point though. | | | |
| Will it still be the Liberty? on 00:12 - Jul 1 with 2339 views | SwansNZ |
| Will it still be the Liberty? on 00:08 - Jul 1 by scottishjack |
Let's agree to disagree, but I see no need to invest in something that belongs to someone else... It's a good talking point though. |
https://en.wikipedia.org/wiki/City_of_Manchester_Stadium
The council owns that, but Man City have invested heavily in it, and benefit from it — including naming rights. Sure we could do likewise but on a smaller scale of course. The Ospreys as other tenants would need to be drawn into the agreement also.
I’d rather spend the money on the extension and not the purchase of the stadium.
As you say, we’ll agree to disagree. | |
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| Will it still be the Liberty? on 07:49 - Jul 1 with 2242 views | SwaneeRiver |
| Will it still be the Liberty? on 00:12 - Jul 1 by SwansNZ |
https://en.wikipedia.org/wiki/City_of_Manchester_Stadium
The council owns that, but Man City have invested heavily in it, and benefit from it — including naming rights. Sure we could do likewise but on a smaller scale of course. The Ospreys as other tenants would need to be drawn into the agreement also.
I’d rather spend the money on the extension and not the purchase of the stadium.
As you say, we’ll agree to disagree. |
"As you say, we’ll agree to disagree"
All very amicable that.
Not usually the PS way .......... | | | |
| Will it still be the Liberty? on 08:13 - Jul 1 with 2210 views | SwansNZ |
| Will it still be the Liberty? on 07:49 - Jul 1 by SwaneeRiver |
"As you say, we’ll agree to disagree"
All very amicable that.
Not usually the PS way .......... |
I know, I'll never get the hang of this PS keyboard warrior malarkey. | |
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| Will it still be the Liberty? on 12:19 - Jul 1 with 2069 views | whiterock |
| Will it still be the Liberty? on 23:20 - Jun 30 by scottishjack |
Or...?
I live in a council house but have recently come into a bit of money and I'm looking to tidy the place up and possibly add an extention...Should I purchase the property first? Or add value to it and then see what the council think?
FFS! |
Yes I've come into money but if I spend it all on purchase it could cripple me with debt that may not mean eviction but put me back so far I may never catch up.
Why is it so important to purchase? | | | |
| Will it still be the Liberty? on 12:23 - Jul 1 with 2059 views | whiterock |
| Will it still be the Liberty? on 00:08 - Jul 1 by scottishjack |
Let's agree to disagree, but I see no need to invest in something that belongs to someone else... It's a good talking point though. |
SJ, in the idea world you are right but why saddle ourselves with crippling debt ?
Council want £24m in 3 years, £8m a year in 2016/17/18. I hope HJ has told them to whistle | | | |
| Will it still be the Liberty? on 12:32 - Jul 1 with 2039 views | scottishjack |
| Will it still be the Liberty? on 12:23 - Jul 1 by whiterock |
SJ, in the idea world you are right but why saddle ourselves with crippling debt ?
Council want £24m in 3 years, £8m a year in 2016/17/18. I hope HJ has told them to whistle |
I wouldn't say that £8m a year would be crippling for us at the moment, I agree though that we could probably push for a better deal... It might just be me, but I see owning the Stadium as the last piece of the jigsaw for us to completely stand on our own two feet.
No ties or obligations to anyone else...
As I said, it might just be me, but by expanding it, will we not just push the price up if we want to buy it in the future? And there is zero chance of anyone else funding any expansion let's face it. | | | |
| Will it still be the Liberty? on 13:06 - Jul 1 with 2006 views | whiterock |
| Will it still be the Liberty? on 12:32 - Jul 1 by scottishjack |
I wouldn't say that £8m a year would be crippling for us at the moment, I agree though that we could probably push for a better deal... It might just be me, but I see owning the Stadium as the last piece of the jigsaw for us to completely stand on our own two feet.
No ties or obligations to anyone else...
As I said, it might just be me, but by expanding it, will we not just push the price up if we want to buy it in the future? And there is zero chance of anyone else funding any expansion let's face it. |
Its not just you and I mentioned the ideal world, if we take £8m out of the playing budget we WILL get relegated.
Whilst we see headline figures of turnover near £100m we don't see outgoing figures close to that. | | | |
| Will it still be the Liberty? on 14:30 - Jul 1 with 1941 views | Uxbridge |
| Will it still be the Liberty? on 12:32 - Jul 1 by scottishjack |
I wouldn't say that £8m a year would be crippling for us at the moment, I agree though that we could probably push for a better deal... It might just be me, but I see owning the Stadium as the last piece of the jigsaw for us to completely stand on our own two feet.
No ties or obligations to anyone else...
As I said, it might just be me, but by expanding it, will we not just push the price up if we want to buy it in the future? And there is zero chance of anyone else funding any expansion let's face it. |
I would. No way does the club have the cashflow to pay that out and go ahead with expansion.
I'm ambivalent on stadium ownership. We can't be chucked out, it's a depreciating asset and we have bigger priorities. I also liked Jenkins' answer a few months ago where he said that it's a community asset. I'm all for the Swans taking over sole running of the stadium though, with the Ospreys as protected tenants for example. |  |
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| Will it still be the Liberty? on 15:17 - Jul 1 with 1906 views | whiterock |
Its a crazy world we live in and AA for instance is costing us £100k a week, Gomis too, just because we're little old Swansea it doesn't bother players but for us to compete we have to pay these kind of salaries, signing on, Agents or for ease, the package. Others will be on near £50k wages but would have cost us £x million to purchase so again, the package costs SCFC £100k a week. | | | |
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