Andy Burnham | Manchester Mayor

[halfcenturyup]

EXPLAINED: How Manchester United might use Real Madrid's playbook to fund its massive stadium build

New Old Trafford is risky and expensive but will be transformational for the club and half of Manchester if they can pull it off

stefanborson.substack.com

We need to wait and see on this. At the moment it seems they have nothing other than a few nice graphics. It's hard to imagine the government throwing itself into this with all the problems it has and nothing is going to get done until that happens. A big throw of the dice from Ratcliffe. He will be history if it doesn't work after all this hoo-ha, imho. And will the government, can the government, put its money where Ratcliffe's mouth is?

 

[ArniArason]

Not liking this page number :-(

 

[cheekybids]

We need to wait and see on this. At the moment it seems they have nothing other than a few nice graphics. It's hard to imagine the government throwing itself into this with all the problems it has and nothing is going to get done until that happens. A big throw of the dice from Ratcliffe. He will be history if it doesn't work after all this hoo-ha, imho. And will the government, can the government, put its money where Ratcliffe's mouth is?

It would stop as soon as you analyse the numbers they are claiming.

Anyone who claims 90k jobs & £7b a year should be thrown in the tower. We’ve been accused of dodgy accounts which we’d need multiple parties to involved in a fraud & Scruffy Jim, Seb Coe & Burnham shout hold my beer.

 

[Coatigan]

Happy page 115 everyone!

 

[mancity dan]

 

[Corky]

It would stop as soon as you analyse the numbers they are claiming.

Anyone who claims 90k jobs & £7b a year should be thrown in the tower. We’ve been accused of dodgy accounts which we’d need multiple parties to involved in a fraud & Scruffy Jim, Seb Coe & Burnham shout hold my beer.

There is a standard methodology for measuring jobs created when submitting bids for capital grant for regeneration programmes. It is bollocks but it is encouraged, so the Gov can then say "we have created XX jobs" and everyone's a winner.

 

[69FACUPfinal]

Who is meant to be funding this upgraded toilet?

Did the job of deflecting from the protests though didn't it.

Wish we had a PR department even 115th as effective as the rags.

 

[crystal_mais]

View attachment 149520

Millions of pounds of public money will help ‘enable’ the £2bn rebuild of Old Trafford, announced on Tuesday by co-owner, Sir Jim Ratcliffe.

Greater Manchester Mayor Andy Burnham’s office defended use of public funding saying the plans would unlock a wider scheme which would be the ‘biggest urban regeneration since the London 2012 Olympics’.

But the use of taxpayers’ cash ‘simply to justify a football club’s desire to improve their ground’, was questioned by former Tory leader Sir Iain Duncan Smith.

Other than buying the land, United will not contribute to the cost of moving the freight terminal, which could run into hundreds of millions of pounds.

But Sir Iain Duncan Smith, former Tory leader, said: ‘Spending public money is a decision they will have to justify to the electorate.

‘What’s absolutely out of the question is doing it earlier than they may have thought about, simply to justify a football club’s desire to improve their ground.’

And Nathan Evans, leader of the Conservative group on Trafford Council, said: ‘If the taxpayer pays for the depot move, there would need to be a benefit to the public more widely, such as through United handing over land on its existing site.’

Burnham is an absolute disgrace if he starts to use public funding for this. He needs to look at other areas where funding would benefit the city. I'd be looking at improving public transport, that shit airport we have and the list goes on

 

[Citi-leaks]

We need to wait and see on this. At the moment it seems they have nothing other than a few nice graphics. It's hard to imagine the government throwing itself into this with all the problems it has and nothing is going to get done until that happens. A big throw of the dice from Ratcliffe. He will be history if it doesn't work after all this hoo-ha, imho. And will the government, can the government, put its money where Ratcliffe's mouth is?

The government aren't funding it.

The 4,000 homes will be built by various developers who will tender to buy the land. They will make their money back when they sell the properties.

The stadium will be funded by Ineos and outside investors. It won't be called Old Trafford, it will be the snapdragon or pepsi arena etc..

The government will fund the transport links. And it seems that they have already rubber stamped the various planning approvals required.

 

[halfcenturyup]

The government aren't funding it.

The 4,000 homes will be built by various developers who will tender to buy the land. They will make their money back when they sell the properties.

The stadium will be funded by Ineos and outside investors. It won't be called Old Trafford, it will be the snapdragon or pepsi arena etc..

The government will fund the transport links. And it seems that they have already rubber stamped the various planning approvals required.

That's easy, then.

 

[Citi-leaks]

That's easy, then.

Developers will be tripping over themselves to get on board with this.

It is in a prime location, so they will double their money. Whatever they spend on building the apartments, they can sell for ridiculous money, because people will want to live there, especially the young media types from London who work at media city.

It also has government backing and the transport links are rubber stamped, so they don't need to pay for planning approvals or lobby the council for the metro or adopting roads, they just have to build it, and then flog it to the highest bidder.

In development terms, it is tap in at the far post. You just have to stand and wait for the ball to come in.

 

[ArniArason]

Developers will be tripping over themselves to get on board with this.

It is in a prime location, so they will double their money. Whatever they spend on building the apartments, they can sell for ridiculous money, because people will want to live there, especially the young media types from London who work at media city.

It also has government backing and the transport links are rubber stamped, so they don't need to pay for planning approvals or lobby the council for the metro or adopting roads, they just have to build it, and then flog it to the highest bidder.

In development terms, it is tap in at the far post. You just have to stand and wait for the ball to come in.

I agree, it's a golden ticket for the rags and all involved in the surrounding infrastructure (and you can guarantee 'those involved' will have links to the rags e.g. the Nevilles)

It's just a shame there wasn't this level of local and national government backing for us.

Yes Burnham will say we 'benefited' from the Commonwealth Games, but that's like saying a dog benefited from scraps of food falling off a table top. In this situation with the rags and Burnham, the dog has been invited to sit at the table and is eating fillet steak with a fucking knife and fork.

 

[Gone for a Burton]

The Government is about to announce a second raft of 'austerity' measures with huge cuts to social welfare that will hit the poorest hardest.

When revealed, these need to be overlayed with any & all Government contributions to this stunt which have direct commercial benefits to yewnytid, and then challenged & demolished at source.

The distinct elements of this charade need to be separated and isolated, thereby enabling forensic interrogation/analysis to be lifted above the inevitable, deliberate political obfuscation.

A vigorous, early days push back, and challenge to this 'land & profit grab' will establish the narrative, public mood and set the tone going forad.

Not a penny !!

 

[The Light Was Yellow Sir]

Developers will be tripping over themselves to get on board with this.

It is in a prime location, so they will double their money. Whatever they spend on building the apartments, they can sell for ridiculous money, because people will want to live there, especially the young media types from London who work at media city.

It also has government backing and the transport links are rubber stamped, so they don't need to pay for planning approvals or lobby the council for the metro or adopting roads, they just have to build it, and then flog it to the highest bidder.

In development terms, it is tap in at the far post. You just have to stand and wait for the ball to come in.

Although, if Hoijlund is at the far post, it might still sail way over the bar..

 

[halfcenturyup]

Developers will be tripping over themselves to get on board with this.

It is in a prime location, so they will double their money. Whatever they spend on building the apartments, they can sell for ridiculous money, because people will want to live there, especially the young media types from London who work at media city.

It also has government backing and the transport links are rubber stamped, so they don't need to pay for planning approvals or lobby the council for the metro or adopting roads, they just have to build it, and then flog it to the highest bidder.

In development terms, it is tap in at the far post. You just have to stand and wait for the ball to come in.

Easy then. I get the appeal for developers. But none of this starts until government backing turns into anywhere between a quarter and half a billion of government funding to relocate the terminal, does it? I hope that hasn't been, or isn't going to be, rubber stamped. Not my tax money, though :)

 

[BlueMoonz1977]

How the fuck and who the fuck, voted for burnham to be mayor of Manchester!

 

[Citi-leaks]

Easy then. I get the appeal for developers. But none of this starts until government backing turns into anywhere between a quarter and half a billion of government funding to relocate the terminal, does it? I hope that hasn't been, or isn't going to be, rubber stamped. Not my tax money, though :)

TFGM have been trying to get cargo rail off the main Manchester trainlines for decades. When trains are delayed or cancelled, because freight rail is blocking the network, their hands are tied. Long before Scruffy Jim and co rocked up, the owners of the freight terminal purchased land in St Helen's to take the freight away from Manchester City.

Obviously, this development ramps up the speed of this happening, but this was on the cards already. You can see timeline going back 10 years.

 

[halfcenturyup]

TFGM have been trying to get cargo rail off the main Manchester trainlines for decades. When trains are delayed or cancelled, because freight rail is blocking the network, their hands are tied. Long before Scruffy Jim and co rocked up, the owners of the freight terminal purchased land in St Helen's to take the freight away from Manchester City.

Obviously, this development ramps up the speed of this happening, but this was on the cards already. You can see timeline going back 10 years.

It seems that this is the case. My only point is that, in the present environment, there is a difference between the government backing the project and the government forking out the cash so that developers can make money and a football club can get a new stadium. It may be a little more difficult than a "rubber stamp", even for Ratcliffe. Fingers crossed, anyway.

If it was my money, I would be making sure United can secure and service funding for the stadium on a very, very prudent basis before I spent a penny enabling it. But, as I say, it's not my tax money ....

 

[No One Understands]

Maybe United should hand over old Trafford to the tax payer to allay the tax payer cost of moving the freight lines, like we did with Maine Road

 

[jrb]

Maybe United should hand over old Trafford to the tax payer to allay the tax payer cost of moving the freight lines, like we did with Maine Road

United should hand over the Old Trafford stadium land to TBC for new affordable housing.