City & FFP | 2020/21 Accounts released | Revenues of £569.8m, £2.4m profit (p 2395)

"The stadium will seat 52,500 spectators and will be able to expand to 60,000 for major matches", are they talking safe standing?

Probably retractable seats.

Edit: That would leave the stadium more flexible for non footballing events as well.
 
Not to mention we gifted them Maine Road in exchange, a fact that the opposition usually seem to forget for some reason.

Hilarious that some opposition fans assume we got a stadium for free when we pay millions of pounds to the council per year, spent about £20 million converting it into a football stadium, and gave up ownership of Maine Road to boot. I remember demolishing a United fan on Red Cafe years ago about this, and he disappeared without trace. I'm now seeing similar jibes thrown at West Ham fans ahead of their move to the OS.
 
Hilarious that some opposition fans assume we got a stadium for free when we pay millions of pounds to the council per year, spent about £20 million converting it into a football stadium, and gave up ownership of Maine Road to boot. I remember demolishing a United fan on Red Cafe years ago about this, and he disappeared without trace. I'm now seeing similar jibes thrown at West Ham fans ahead of their move to the OS.

Regarding West Ham I note that the detail of their agreement to use the stadium is apparently secret.
I wonder how that will sit when the audited accounts are presented to Uefa ?

I ask because this shows as the only 'Debt' against City's 'no debt' claim.
 
Roma after a new ground also

http://www.dailymail.co.uk/sport/fo...epare-away-Stadio-Olimpico-1billion-plan.html

Roma unveil ambitious new stadium project as Serie A side prepare to move away from Stadio Olimpico with £1billion plan

By Andrew Dampf, Ap 19:44 15 Jun 2015, updated 21:19 15 Jun 2015


Pending government approval construction will begin in December
Stadium and business and entertainment centre will be on outskirts of city
American owner James Pallotta wants Roma to be a top club in the world
Roma currently share Stadio Olimpico with city rivals Lazio
But they could move into 52,500-seater stadium for 2017/18 season
Serie A giants Roma are moving ahead with an ambitious £1billion plan for a new, privately financed stadium and surrounding business and entertainment centre.

Pending government approval, construction will begin on the city's outskirts by December and last up to two years, the club's American president James Pallotta announced Monday as he handed over a detailed dossier on the project to city authorities.

'If we are going to consistently compete as a top club in the world we need a new stadium, a stadium that is privately owned by AS Roma,' Pallotta said, adding that the entire project will amount to 'one of the most important projects in Italy in many, many decades.'



Roma's new stadium project (artist drawing above) will be privately financed and will cost over £1billion
Roma's new stadium project (artist drawing above) will be privately financed and will cost over £1billion
The stadium will seat 52,500 spectators and will be able to expand to 60,000 for major matches
The stadium will seat 52,500 spectators and will be able to expand to 60,000 for major matches
(l-r) Riccardo Viola, Italo Zanzi, Mark Pannes, James Pallotta, Luca Parnasi, Daniel Liebskind and Andreas Kipar An pose in front of the model of the new ground on Monday
(l-r) Riccardo Viola, Italo Zanzi, Mark Pannes, James Pallotta, Luca Parnasi, Daniel Liebskind and Andreas Kipar An pose in front of the model of the new ground on Monday
With a design inspired by the Colosseum, the stadium will seat 52,500 spectators and be able to expand to 60,000 for major matches.

The site in Tor di Valle is about halfway between downtown and the Leonardo Da Vinci airport. The 300 acre area will also include a training ground for Roma, three high-rise office towers, plus parks and commercial and entertainment areas.

Costs for the stadium itself are estimated at £217million but the overall price includes surrounding infrastructure and transport.

While some of the financing is expected to come from Roma's sponsors like Nike, it remains unclear where the other money will come from.

'In terms of who wants to invest, we have a substantial list and I'm positive that they wouldn't like us to name them today,' Pallotta said. 'But we don't feel like we're going to have an issue at all with the financing of the stadium.'

Slated to open during the 2017-18 season, the stadium has been a big goal since Roma was purchased by a four-man group of Boston executives, who in 2011 became the first foreign majority owners of a Serie A club.

American owner James Palotta (right) wants Roma to become one of the top clubs in the world
American owner James Palotta (right) wants Roma to become one of the top clubs in the world
Palotta is also confident that Roma will have no problem with the financing of the stadium
Palotta is also confident that Roma will have no problem with the financing of the stadium

Roma plan to move away from Stadio Olimpico, which they share with Lazio, for the 2017/18 season
Roma plan to move away from Stadio Olimpico, which they share with Lazio, for the 2017/18 season
Pallotta is a minority owner of the Boston Celtics and a hedge-fund manager who runs Raptor Capital Management.

'If you give me approval tomorrow we'll find the money tomorrow,' Pallotta said. 'We know it's a six-month process.'

For years, Roma has shared the Stadio Olimpico with city rival Lazio but that stadium features a running track and poor sightlines for football. The new stadium will be purpose-built for football.

Roma is also hoping that the new facility can help eliminate problems of fan violence and racism that often tarnish matches at the Olimpico. Pallotta has been waging a verbal battle with the club's hard-core 'ultra' fans this season.

'If there's one thing that has consistently come back to me on dialogues as I walk the streets of Rome, it's that many people say to me they haven't felt comfortable taking their children or coming as a family to the stadium,' Pallotta said. 'That's just completely unacceptable.

'Whether it's violence, whether it's racism or any other issues, I just don't feel like they should be part of the conversation at the stadium as part of our fan base,' Pallotta said.

Roma have finished second in Serie A to Juventus the past two seasons. They last won the league in 2001.

Roma have finished second in Serie A to Juventus the past two seasons and they last won the league in 2001.
48,000? Will they be able to fill it?
 
The attendance pattern is different in Italy and Spain - huge high crowds and crap low crowds. 'Mighty' Barca get less than us for League Cup games.
 
Hilarious that some opposition fans assume we got a stadium for free when we pay millions of pounds to the council per year, spent about £20 million converting it into a football stadium, and gave up ownership of Maine Road to boot. I remember demolishing a United fan on Red Cafe years ago about this, and he disappeared without trace. I'm now seeing similar jibes thrown at West Ham fans ahead of their move to the OS.
As I'm sure most of us know the council got a great deal. They put in £57M and for that they got Maine Road where nearly 500 properties have been built and £3M per year rent from us. Of the £77M from Sport England, most came from lottery funds with only about £10M from the taxpayer. Bit different to the £700M of taxpayers money that went into the Olympic Stadium. Not having a go at West Ham because any club would do the same in their place but the public funding for their stadium is incomparable with ours.
 

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