The cost of renting Valley Parade was £370,000 a season in 2011 https://www.yorkshirepost.co.uk/sport/football/bradford-city/exclusive-bradford-city-could-quit-valley-parade-over-rent-costs-1935317
Apparently ‘the current rent for example is £434k per annum’. https://widthofapost.com/2020/10/14/assessing-the-finances-of-bradford-city/
Rather than make up figures, this article covers most new stadium projects in England. https://footballgroundguide.com/about-the-author/developments.html Brentford £70 million, whereas Wimbledon £30 million (but it only holds 9,000).
Or try this one https://www.purepropertyfinance.co.uk/news/stadium-property-prices-these-are-the-new-football-stadiums-currently-being-built/
So even if land is cheaper in the north, the fact that Bradford is in the Pennine chain, has steep valleys and little spare land, would counterbalance savings, given increased engineering and construction costs.
So take a round and very simple figure of £40 million for a 25,000 seater stadium.
Renting Valley Parade at an increased sum of say £500,000 for 25 years would cost the club around £12.5 million. They would not have to borrow money (and pay interest on the sum).
So not shooting you down, but just trying to give some loose form of context about the possibility.
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Tony Wilkinson Squad PlayerP.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 10Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Bantamsteve and Bronco like this.
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Idlebantam Squad PlayerP.L.22/23 Entrant P.L.23/24 Entrant P.L. 20/21 Top 10
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Wolfysmith and Idlebantam like this.
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How do you go in stronger when Gibb does hold ALL the aces, he doesn't not need to sell because Gibb knows we cant afford a new stadium and there is nothing in our City or the surrounding area that we could share.
Why has Gibb been so reluctant in the past to sell because the Valley Parade rent is giving the pension fund a far better return than he could get elsewhere.
If we are talking to Gibb which Ryan confirmed we are I would think the best the club would get out of any deal would be for Stefan to buy the stadium through his holding company and possibly rent it back at more resonable rent, but it will still be owned by Stefan not Bradford City AFC.Captain Grumpy and trevor like this. -
Stafford Bantam CaptainModerator P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Bigrod and Botswana Bantam like this.
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hornseabantam and Bronco like this.
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Trust me a ground so far away from the city centre is a disaster waiting to happen outside the Prem.
Fans are fickle...like it or not. -
I would love it, if there could be fan ownership of the ground, however sufficient numbers of us do not have the substantial amount of spare capital to make it a reality.hornseabantam and Kevin1954 like this. -
- A new stadium financed by a mortgage and private investors
- A shared stadium
- Council funding for a joint project possibly including private sector investment
- Buy the ground back financed by a mortgage
Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Inspector and WilsdenBantam like this. -
So how anyone could call this an asset that will be an investment for the future, if the club no longer play there, is living in absolute cloud cuckoo land.Mike Hunt and Rogered Tart like this. -
Interested Bystander Important PlayerQatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter Euro 2020
Maybe you have a Right to Dream
Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Inspector and WilsdenBantam like this. -
WilsdenBantam Squad PlayerQatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Euro 2020Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Dubois and Hoochy-Min like this.
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I really wish Bradford Council would get involved somehow and see just how much this could boost the city. We've got pockets of nice things in the town centre but still a lot of concrete shite with outdated shops that nobody wants or needs anymore. Knock it all down and invest further in the city for goodness sake.
Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...bantam2708 and WilsdenBantam like this. -
Park bantam Regular StarterP.L.22/23 Entrant
What pessimism from citizens of Bradford. What it needs is good representation both locally and nationally. The concert venue being built is a decent start followed by a through railway link and then pressure on the new Mayor when he+is voted in to spend some of his vast budget on city starved of investment for years.
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Interested Bystander Important PlayerQatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter Euro 2020Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Tony Wilkinson and Bronco like this.
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bantam2708 Squad PlayerQatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Euro 2020 P.L. 20/21 Winner
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