Etihad Campus, Stadium and Collar Site Development Thread

Gordyola said:
Never see any reference to an option to buy
A considerable amount of the fee would go to Sport England and I’ve hear said that the club are happy with the current arrangement since the lease fee goes to CoM Council and is ring fenced for sport and leisure Not sure if that is true
There was FoI asking for details of the lease this is following the renegotiation when the names rights were fixed and the percentage of gate over the Maine Road calculation removed

www.whatdotheyknow.com

Commercial terms of Etihad Stadium rental by Manchester City - a Freedom of Information request to Manchester City Council

Please send me a copy of the rental contract between (presumably) the City Council (or an entity set up by the council for the purpose) and Manchester City FC, regarding the stadium now known as the Etihad stadium. For clarification I seek to learn only the broad commercial terms of the...
www.whatdotheyknow.com www.whatdotheyknow.com
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Persistent fucker isn’t he?
 
deano ou812 said:
Cheers for that,very interesting so if we wanted to ( sheikh Mansour that is of course) buy the stadium it’s looking at roughly £50 mill,wonder if sometime down the line this could or will happen.
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It won't because our owners, unlike the Glazers and scruffy Jim, give back to Manchester, which is a big cheque to the pot #BestOwnersWorldwide
 
deano ou812 said:
Cheers for that,very interesting so if we wanted to ( sheikh Mansour that is of course) buy the stadium it’s looking at roughly £50 mill,wonder if sometime down the line this could or will happen.
Click to expand...
No reason that MCC would be interested in selling it as most of the proceeds would presumably need to go to Sport England who put up £80m to build it. Of that £80m, most came from the National Lottery with only around 10% coming from government. The government have had a pretty good return on that investment with all the extra tax paid by City and their players over the last 21 years compared to what would have have been the case had we stayed at MR. It doesn’t get said often enough that the investment by the government and MCC back in 2002 has been recouped many times over and it is a great example of a hugely successful legacy from spending on an international sports event. Total contrast to the London Olympic legacy where the tax payer will never get their money back in a million years, and West Ham were given a huge handout, and ironically they’ve ended up with a stadium with a pitch too far away from most of the crowd that I suspect half their fans hate.
 
west didsblue said:
No reason that MCC would be interested in selling it as most of the proceeds would presumably need to go to Sport England who put up £80m to build it. Of that £80m, most came from the National Lottery with only around 10% coming from government. The government have had a pretty good return on that investment with all the extra tax paid by City and their players over the last 21 years compared to what would have have been the case had we stayed at MR. It doesn’t get said often enough that the investment by the government and MCC back in 2002 has been recouped many times over and it is a great example of a hugely successful legacy from spending on an international sports event. Total contrast to the London Olympic legacy where the tax payer will never get their money back in a million years, and West Ham were given a huge handout, and ironically they’ve ended up with a stadium with a pitch too far away from most of the crowd that I suspect half their fans hate.
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Yeah unlike ours were we took the running track away ..
 
west didsblue said:
No reason that MCC would be interested in selling it as most of the proceeds would presumably need to go to Sport England who put up £80m to build it. Of that £80m, most came from the National Lottery with only around 10% coming from government. The government have had a pretty good return on that investment with all the extra tax paid by City and their players over the last 21 years compared to what would have have been the case had we stayed at MR. It doesn’t get said often enough that the investment by the government and MCC back in 2002 has been recouped many times over and it is a great example of a hugely successful legacy from spending on an international sports event. Total contrast to the London Olympic legacy where the tax payer will never get their money back in a million years, and West Ham were given a huge handout, and ironically they’ve ended up with a stadium with a pitch too far away from most of the crowd that I suspect half their fans hate.
Click to expand...

As you say.

London won its bid to host the 2012 Olympic Games in 2005 by a narrow margin, beating its closest rival Paris by 54 votes to 50. [1] The London 2012 Olympic Games took place across six boroughs: Barking and Dagenham, Greenwich, Hackney, Newham, Tower Hamlets and Waltham Forest, and cost a total of £8.77 billion - three times the original budget of £2.4 billion.
 
deano ou812 said:
Yeah unlike ours were we took the running track away ..
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Exactly. It was planned for its end use of football with compromises made for its temporary use as an athletics stadium for a couple of weeks in 2002, whereas in London they unfathomably decided not to learn the lesson from Manchester’s success and went for a fantastic athletics stadium that covers an area far too big for a decent football stadium that cost three times as much to convert than the overall cost of the original City of Manchester Stadium. And that was on top of the original building cost of around £800m if I remember correctly.
 
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