pressure of location no expansion available? who's to say a new stadium would be able to expand over 40k that is the potential of the valley site
cost of expansion vs favourable incentives elsewhere?
potential of location, transport, footprint, and other factor?
etc
There has been another relocation somewhat closer to home. Woolwich Arsenal pulled out of Plumstead in 1913 because of consistently inadequate attendances. Interestingly enough, 100 years later and after another move, their name and identity remain significantly unchanged. (The same can be said for Millwall, who moved even earlier - they retain the club name from their days in E14 and they have not forgotten their time "on the Island".)
Over the years it has been a struggle for CAFC to survive. Even the stadium's big expansion in the 30s was a bit of a cheat. The Glikstens were not slow to capitalise on the team's success by increasing The Valley's capacity but this was done only in the most minimalist way. There was no investment in stands or decent facilities which could have brought more revenue - instead, the East and South terraces were simply marched up the natural contours of the chalk pit to form the huge amphitheatre that is so special in our memories, and even then they did it on the cheap by partly using the (captive) labour of the players.
In the 30s the team's success gained the interest of a wider sporting public and vast crowds were drawn in from the local area and out into Kent. The marketing environment nowadays is very different and there is a new focus, as it happens right on our doorstep.
A move from The Valley will only materialise (if it does) for the soundest of reasons and with the greatest of regrets. New owners subscribing to such a course of action would not be passive investors and would undoubtedly have an aggressive development strategy. Also, if staying put conflicted with RBG's plans the borough would be unlikely to co-operate with any plan B the club came up with.
If the development of the peninsula puts a few pennies back into the public purse that will not be a bad thing. The catastrophic expense of the Dome will be a story that we will no doubt have to wait 30 years to read about (although of course it will eventually be eclipsed by the truly scandalous handling of the Olympics.)
Let's hope for some positive news of the takeover very soon, to end all the speculation.
Leave the Olympic out of this - They were amazing, good for sport, good for this Country and made me truly proud to be British. They have clearly made a profit and will be one of only a handful of venues to do so.
Re the dome - found a use eventually and personally I like it and the events on there.
If you want money back in the public purse how about a bit from the Investment Bankers who got the world economy in its current state, or the energy and oil companies raking it in. Or what about Amazon and Google paying taxes?
Pleased for West Ham, it's a stunning Stadium and I am glad it's getting used.
I have been looking at ITV forum this evening and saw this so as this person has asked someone I'm reposting-:
Just heard through a friend that one of the companies that are involved somehow in the never ending takeover are Hutchison Whampoa a Hong Kong based company in the fortune 500. They recently brought a majority stake in a company called Quintain Estaes who owns the lease on the O2 & surrounding areas. Apparently their looking to invest a lot into Greenwich Peninsular area.
PS If your also on Charlton Life please repost there, i tried signing up but haven't been approved yet & feel like all CAFC fans would like the info. cheers.
Sorry dont know how to post the link thingy's properly
Sounds unlikely :-
21 November 2013 Quintain Estates and Development PLC (“Quintain” or the “Company”) Proposed Disposal of the Company’s Interests in GPR L Joint Venture Result of General Meeting Further to the announcements on 4 and 6 November 20 13, Quintain announces that, at the general meeting held today, the resolution to approve the disposal of its remaining interests in Greenwich Peninsula Regeneration Limited to Knight Dragon Limited, an investment vehicle ultimately owned by Dr. Henry Cheng Kar-Shun, was passed by shareholders. Completion of the transaction is scheduled to take place on Friday 22 November 2013.
Beginning to think this takeover rumour is all a bit ...... Well bollocks really (in its Anglo Saxon use)!!!
You are fully entitled to that opinion but it's only been five days since the news broke in the SLP so not really a long time.
It might happen, it might not, it might never have been happening at all but just because we havent had confirmation in under a week doesn't prove anything either way
Beginning to think this takeover rumour is all a bit ...... Well bollocks really (in its Anglo Saxon use)!!!
You are fully entitled to that opinion but it's only been five days since the news broke in the SLP so not really a long time.
It might happen, it might not, it might never have been happening at all but just because we havent had confirmation in under a week doesn't prove anything either way
If you look at what we know. I think SLP story is too categoric to doubt so a bidder (British property developer) has met the 18m asking price. We also know that Airman (who I trust will have good info) told us that the story was a plant and that there was more than one interested party. This suggests possibly that the other party is favoured. What we don't know is the detail around that, but I'd be surprised if the above isn't true and fully expect some kind of development within the next few days at least.
If anyone wants to write a really long post about their opinions but with no fact and / or proof - then this is the thread for it. Must be a record for average post length and use of complicated words.
Hutchison Whampoa certainly like building on the banks of The Thames but not sure why they would want a British Footy team, especially as they are Listed so would need to justify it to shareholders.
The closest they come to us is Deptford I beleive but have done things in Battersea and are doing the Lots Power station conversaion in Chelsea....some stuff below for what it is worth.....
"Hutchison Whampoa announced plans in 2009 to progress plans for the regeneration of Convoys Wharf, a largely vacant brownfield site in Deptford in the borough of Lewisham."
"Mayor of London Boris Johnson yesterday attended a ground-breaking ceremony at Chelsea Waterfront as work began on Hutchison Whampoa Properties' £1bn redevelopment of the former Lots Road Power Station on London’s North Bank. "
"This is one of several developments on the River Thames by Hutchison Whampoa Properties. Previous developments include Montevetro and Albion Riverside in Battersea (completed in 2000 and 2003 respectively)."
If anyone wants to write a really long post about their opinions but with no fact and / or proof - then this is the t hread for it. Must be a record for average post length and use of complicated words.
And even now, nobody knows.
Santa does!
He knows when you've been sleeping, he knows when your awake, he knows when you've been bad or good, so be good for goodness sake!
Reams supposedly in the know and leaving clues on itv... dont know how to post it in here
I hope they know what they are getting into these buyers, any shenanighans and they'll be getting invites from Reams to meet him face to face,in a pub of their choice, to "discuss"
Comments
Re the dome - found a use eventually and personally I like it and the events on there.
If you want money back in the public purse how about a bit from the Investment Bankers who got the world economy in its current state, or the energy and oil companies raking it in. Or what about Amazon and Google paying taxes?
Pleased for West Ham, it's a stunning Stadium and I am glad it's getting used.
21 November 2013
Quintain Estates and Development PLC (“Quintain” or the “Company”)
Proposed Disposal of the Company’s Interests in GPR L Joint Venture
Result of General Meeting
Further to the announcements on 4 and 6 November 20 13, Quintain announces that, at the
general meeting held today, the resolution to approve the disposal of its remaining interests
in Greenwich Peninsula Regeneration Limited to Knight Dragon Limited, an investment vehicle
ultimately owned by Dr. Henry Cheng Kar-Shun, was passed by shareholders. Completion of
the transaction is scheduled to take place on Friday 22 November 2013.
It might happen, it might not, it might never have been happening at all but just because we havent had confirmation in under a week doesn't prove anything either way
I schnell a rat!
We'll just have to wait and see what materialises I guess. Hope we don't end up with a sauer taste in our mouths
And even now, nobody knows.
the truth is out there------------loved Scully-------she could flash her badge at me anytime.
The closest they come to us is Deptford I beleive but have done things in Battersea and are doing the Lots Power station conversaion in Chelsea....some stuff below for what it is worth.....
"Hutchison Whampoa announced plans in 2009 to progress plans for the regeneration of Convoys Wharf, a largely vacant brownfield site in Deptford in the borough of Lewisham."
"Mayor of London Boris Johnson yesterday attended a ground-breaking ceremony at Chelsea Waterfront as work began on Hutchison Whampoa Properties' £1bn redevelopment of the former Lots Road Power Station on London’s North Bank. "
"This is one of several developments on the River Thames by Hutchison Whampoa Properties. Previous developments include Montevetro and Albion Riverside in Battersea (completed in 2000 and 2003 respectively)."
He knows when you've been sleeping, he knows when your awake, he knows when you've been bad or good, so be good for goodness sake!
The SLP won't be getting any presents this year!