Quote: getdownmonkeyman "Saints' monies for their new stadium have been generated from the sale of KR. '"
That and loans from the directors.
Quote: getdownmonkeyman "The move will make their cash flow infinitely better, as I would wager the cost of maintaining KR would have been crippling.'"
Correct on both counts. KR was a big black hole (well, it's going that way again now - the main stand is now almost demolished). Saints couldn't raise any funds there as the facilities were crap but they had to keep spending I think it was over £100,000 a month to keep it in safety certificates. The new stadium will provide other income streams that, over time, will hopefully pay off the directors' investments and turn the club around financially. Meanwhile, it will cost the club to play at Widnes as clearly Saints' fans aren't going to go there in big numbers but there are still rental costs and overheads to be paid (although in total that probably doesn't amount to the same figure as the cost of maintaining KR).
I didn't half miss KR on Friday though. No way will a new stadium be anything like as atmospheric as KR.
