FORUMS > Leeds Rhinos > No New South Stand - Yet |
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| Aaaaaahhhhhhh.... the timing now makes sense.
Hetherington at his best.
Now just received an email saying that the 2012 season tickets are on sale. So basically, they had no choice but to mention the South Stand (lack of) otherwise people would've had to ask what was happening when purchasing tickets.
Which makes you wonder how long they've known it wasn't happening?!
Edit - It also means that the "South Stand not Happening" story was the top story on the website for all of about 10 minutes. Call my cynical if you want.
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| Quote: Andy Gilder "Frankly it will serve them right if the council refuse to grant an H&S certificate for next year and insist on the entire stand being closed. '"
I am assuming that this has been dealt with already. I really do suspect that they have also been told by LCC's structural engineers that they can't keep putting this off and that they might have to do some remedial work as part of the bid to keep it open into 2012, but either way I can't see them taking the risk of granting it a safety cert for 2013 season!
Quote: Andy Gilder "I'm interested in the "funding model similar to other Super League clubs" line and what that means in practice - up front receipt of the Sky money for future years?'"
No, building a Tesco on the current site and moving to a new ground somewhere else, possibly alongside some other enabling development.
The 'real' locals will be delighted with a new Tesco I am sure!
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| Quote: Remarkable_Rhinos "Average Attendance this year is 15,092. Excluding playoffs.
That's down 262 people on last years 15354 (also excluding playoffs).
2005, 2007 & 2008 were all in the 17ks. (17012, 17558 & 17043 respectively).
Interestingly, 2009 (the season after we'd won back to back titles, and went on to win 3 in a row) drop right down to 15773.
For the past 5 years our average attendance has decreased year on year, despite us winning titles for 3 of those 5 years.
Since 2007, our average attendance has reduced by 14.75%, or 3.69% per year. If you apply that same % reduction to this years, we can expect an average attendance of around 14,535. That's IF we just lost an average amount. Performances on the pitch, coaching staff, no recruitments and lack of space off the pitch could all result in us losing more than average. In my opinion we could easily see an average attendance in the 13,000s.
Still, as long as GH is happy.
So the big drop in attendances came in 2009, I wonder what could have caused that...
rlThis?rl
rlThis?rl
...people do seem to forget that Britain is in one of it's worst Financial Climates we've had in years
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| Quote: Remarkable_Rhinos "Aaaaaahhhhhhh.... the timing now makes sense.
Hetherington at his best.
Now just received an email saying that the 2012 season tickets are on sale. So basically, they had no choice but to mention the South Stand (lack of) otherwise people would've had to ask what was happening when purchasing tickets.
Which makes you wonder how long they've known it wasn't happening?!
Edit - It also means that the "South Stand not Happening" story was the top story on the website for all of about 10 minutes. Call my cynical if you want.'"
They only had the meeting with LCC last night I understand, but the overall funding issue has been known for sometime - That is why Rhinos' 4 Life was re-launched!!!
It seems to me that Gary and Paul don't want to put the club into debt or at least pay commercial rates to lend the money, now that the Leeds Met Carnegie Gravy train has dried-up. He did say that the plan was to 'borrow' the money and put the club into a structured debt situation, so I am not sure what has changed!
That actually posses a question about Saints deal with Tesco and the housing developer for KR. Is their deal structured to pay off their £8m debt and enter the new stadium debt free? Genuine question?
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| Quote: Omar Little "So the big drop in attendances came in 2009, I wonder what could have caused that...
rlThis?rl
rlThis?rl
...people do seem to forget that Britain is in one of it's worst Financial Climates we've had in years'"
Yes I fully appreciate that thanks.
You'd think that perhaps, you'd need to give people even more of an intensive to spend their hard earned cash though wouldn't you. By, perhaps giving them something good to watch and not have them feel like they're wasting their money.
Just have a look at what's happened to Warrington's average attendance over the same period. Go on. I dare you. Or is Warrington more financially stable than the rest of the country?
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| Quote: Remarkable_Rhinos "Yes I fully appreciate that thanks.
You'd think that perhaps, you'd need to give people even more of an intensive to spend their hard earned cash though wouldn't you. By, perhaps giving them something good to watch and not have them feel like they're wasting their money.
Just have a look at what's happened to Warrington's average attendance over the same period. Go on. I dare you. Or is Warrington more financially stable than the rest of the country?'"
Careful, Warrington always had the potential to grow their crowds and the new ground did most of the that, the success that has followed has kept the figure consistent during the recession.
Also, they have a sugar daddy who is happy to throw his fortune at the club to cover the annual loss they would otherwise show in their accounts!!!
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| Quote: Remarkable_Rhinos "Yes I fully appreciate that thanks.
You'd think that perhaps, you'd need to give people even more of an intensive to spend their hard earned cash though wouldn't you. By, perhaps giving them something good to watch and not have them feel like they're wasting their money.
Just have a look at what's happened to Warrington's average attendance over the same period. Go on. I dare you. Or is Warrington more financially stable than the rest of the country?'"
Plus, Tesco and the council helped them build a new ground too!
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| Quote: Andy Gilder "This isn't a sudden, unexpected piece of expenditure that the club are faced with - the long term future (or lack of it) of the South Stand has been known for at least the last two years.
That the club have now decided they don't have the funds to complete the work and won't risk borrowing to do so smacks of board level incompetence. If no further explanations are forthcoming on why this decision has been made it leaves both Hetherington and Caddick looking foolish.
Frankly it will serve them right if the council refuse to grant an H&S certificate for next year and insist on the entire stand being closed.
I'm interested in the "funding model similar to other Super League clubs" line and what that means in practice - up front receipt of the Sky money for future years?'"
The last bit is very intriguing...I read it as we've decided we'd like the council to pay/subsidise the stand
I think this line in Hetherington's statement is key...
"the cost of borrowing and repaying the debt and the risk to the club involved"
...the cost of borrowing has remained very high since the 2008 banking crisis and is something that's taking longer to stabilise than experts seemed to predict it would. Maybe the club having previously delayed action on the stand thought credit would be more readily available on attractive terms by now but it simply not...so hence the need to go to the council?
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| Quote: Omar Little "The last bit is very intriguing...I read it as we've decided we'd like the council to pay/subsidise the stand
I think this line in Hetherington's statement is key...
"the cost of borrowing and repaying the debt and the risk to the club involved"
...the cost of borrowing has remained very high since the 2008 banking crisis and is something that's taking longer to stabilise than experts seemed to predict it would. Maybe the club having previously delayed action on the stand thought credit would be more readily available on attractive terms by now but it simply not...so hence the need to go to the council?'"
I think this is probably spot on!
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| Quote: Remarkable_Rhinos "Yes I fully appreciate that thanks.'"
TBF I should probably have included a
I'm sure everyone is very aware - it just surprised me how directly the change in attendances coincides with the post-financial-crash reality hitting consumers pockets (I hadn't realised that we had such a big drop in one season).
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| Quote: Omar Little "TBF I should probably have included a
I'll let you off then.
BTW, I did the work for you. From 2007 to 2011 we've seen a 14.05% DECREASE in attendance.
Warrington have seen a 5.62% INCREASE. I might move to Warrington. They're clearly not having a recession.
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| Quote: Inflatable_Armadillo "Quote: Inflatable_Armadillo "The last bit is very intriguing...I read it as we've decided we'd like the council to pay/subsidise the stand
I think this line in Hetherington's statement is key...
"the cost of borrowing and repaying the debt and the risk to the club involved"
...the cost of borrowing has remained very high since the 2008 banking crisis and is something that's taking longer to stabilise than experts seemed to predict it would. Maybe the club having previously delayed action on the stand thought credit would be more readily available on attractive terms by now but it simply not...so hence the need to go to the council?'"
I think this is probably spot on!'"
Why thank you
I'd also add that it's probably exactly the type of decision that Caddick should be use to taking in his day job and, therefore, we should probably be grateful that the club is in his hands.
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| Quote: Remarkable_Rhinos "I'll let you off then.
BTW, I did the work for you. From 2007 to 2011 we've seen a 14.05% DECREASE in attendance.
Warrington have seen a 5.62% INCREASE. I might move to Warrington. They're clearly not having a recession.
Have you seen the price of houses in Wilmslow and Alderly Edge these days...the "Cheshire set" probably haven't even heard of the banking crisis
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| Quote: Omar Little "Have you seen the price of houses in Wilmslow and Alderly Edge these days...the "Cheshire set" probably haven't even heard of the banking crisis
Actually, I imagine for some of them it's knocked 4 figures off their annual bonus... I'm sure they'll manage it though.
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