Putting our money where our mouth is

What else do you do in 30 seconds

 

No need, I'm winning the EuroMillions tonight

 

Wonder of @Fordy117 is mentioned?

 

Thank you Mike for bringing some realism into those whole debate. We are where we are and I've changed my opinion on this, with reality in mind. Was always a huge advocate on here for us owning Valley Parade. I would still love that in the long term, but in the meanwhile, we deal with what we've got. Will Rupp buy the ground? I wish he would but wishes are fishes. Will someone buy him out and purchase the ground? Unlikely. Is the current rental price unmanageable? Obviously not. Even through the pandemic, we've generated enough income to pay our way. So we have to stick because we can't twist. Generating more income is a must, but Sparkes seems to be well on that.
I’m not sure how many times that needs explaining.

 

We are where we are because we do what we do and will always have what we have.
#league2forever

 

Is there a massive belly laugh emoji with an American Express logo on it. Oh my word.

 

Uses his brain?

 

Suppose it all depends if the ground sharing costs more than VP once you take into account the lost income. It is all well and good paying less but if you lose a tonne of income at same time it could end up being an expensive move

 

That would be telling !

 

Ha Ha !!

 

How many times do you need it explaining that the cost of renting VP is not the reason we are languishing in L2?

Years of bad decision making regarding ownership, managers, player purchases, team selections, tactics etc etc are why we are where we are.

The ground rental is reasonable and none of the viable alternatives would cost less, once you take all commercial factors into consideration. Your obsession with the rent is a red herring.

 

Spot on. The shop on the corner of Rawson Road & North Parade is up for rent. It's 2,827 sq Feet (Over three floors so that is 17ft by 17ft on each floor) and is £175,000 per annum. I appreciate its no comparison to VP but if a smallish city centre shop with offices above is that price, then £500k for a 25,000 capacity stadium, offices that are bigger than the above property alone and bars etc is not unreasonable.

Commercial rents are very expensive, which is why most big corporate pension and investment funds like L&G include large amounts of commercial property in their portfolio.

In my business we pay £500 per month for a 12ft by 12ft office with a street frontage and shared kitchen/ toilet. The two bedroom flat directly behind our back wall (owned by the same people)is £495 pcm, and has 2 beds, kitchen, bathroom, living room and parking space. This, I think, highlights the difference between commercial and residential rents.

We really do need to get away from the idea that we are being shafted. The nearest football ground find example I can find is St Andrews where the capacity is 29,000 and Birmingham pay £1.25 million a year and the cheapest I can find is Bournemouth pay £300,000 for a 12,000 capacity stadium.

At the other end of the scale, Manchester City pay in excess of £5 million a year to Manchester City Council to rent the Etihad.

 

This. Nothing more, nothing less.

 

Years and years of poor owners and rubbish management decisions at board level are the reason we are where we are.

Rhodes sold the club to Rupp to take us forward(his words) but Rupp has taken us backwards and is a shocking owner.

The board, the owner doesn’t deserve the fans this club has. Wasted club! A club or utter failure now.

 

Just imagine if our forward thinking council had purchased the stadium, they would have had council payers money back and sat on a money cow.

 

It would have helped pay Useless Hinchcliffe's expenses too

 

Ok I accept that the ‘reason’ we languish in league 2 is nothing to do with the rent. Whilst it seems renting VP is currently sustainable can anyone now answer my question instead of evading it. What happens if we remain in league 2 or even drop out of the league, crowds dwindle as will sponsorship, making the rental of a 25000 seat stadium unsustainable.
This concern needs to be addressed surely before entering into another 25 year lease with Gibb.

 

The concerns you talk about, as it stands are that season tickets sales are up despite a price hike, the commercial side has hit set targets and so far this season we average over 15,000, companies are coming on board all the time. And currently with the manager we have I'd suggest going out of the football league is out of the question with his track record. That's not to say negotiations shouldn't start soon regarding what happens lease wise and there is a debate to be had regarding the long term future of sport in Bradford. But unless there is a drastic change in council policy or some crazy nut job throws us £50million then Valley Parade is more than adequate.