: Tue Mar 10, 2009 12:43 pm
GanEden wrote:
Can't Forever Reds squeeze them?
Howard Clague was at the last meeting. A resume of what he said was posted on here by Shirley. To summarise:
> Peel are building the stadium. As a result they
will own it too. In truth, they saved the project’s bacon when Red City Developments went into administration.
> There’s no retail element involved, as yet. Even if there were, the revenue goes to Peel, just as the revenue for match day food, refreshements etc. So the retail issue isn’t really a concern for us now.
> The stadium’s redesign (a tweak rather than a scaling down) means the project has to go through the planning/go-ahead process again. This should be a formality as the sticking point last time was the retail element.
> The redesign means that certain elements that were in the last proposal may not be included. This includes the standing area. These elements will be up for discussion between the club and Peel.
> Salford can still rent the stadium at a ‘peppercorn’ rate.
> Salford’s revenue will come from gates reciepts and sponsorship, both of which are planned to be more than we get now.
> Salford City College, a 25,000 student facility built into the project, would mean that the stadium’s food/refreshments area will be used through the year. Due to the volume of consumers, it promises to be one of the best/most capable in the country (as far as those built-in stadiums is concerned).