Etihad Campus, Stadium and Collar Site Development Thread

[Silva61]

Sure i read it will be 200 matches/gigs/events per year eventually (dont think i dreamt it). Absolute game changer

Yes your right, think it was approx 120 gigs in the 1st year, so I was being very conservative with those figures.

 

[Prophet of Doom]

Even before corporate and hotel revenues kick in the Co-op Arena is predicted to make annual revenues matching the O2 Arena in London which last year were a record £122m. CFG will get half of those. And this is just the start. It is amazing how stupid and complacent people like Neville are when it comes to finance.

I wouldn’t confuse turnover with profit. The 02 makes about around £10m profit per year ( on the £122m turnover ).

Whilst it’s a great investment long term - it’s not going to make a huge difference short term to CFG accounts.

But like you say, once the hotel and other facilities open they will get further financial benefits from the Arena.

 

[Silva61]

I wouldn’t confuse turnover with profit. The 02 makes about around £10m profit per year ( on the £122m turnover ).

Whilst it’s a great investment long term - it’s not going to make a huge difference short term to CFG accounts.

But like you say, once the hotel and other facilities open they will get further financial benefits from the Arena.

I'm not sure he is confusing the two.
Profit will come through long term investment.
I think CFG recently posted over 100m loss.
Similar losses at City some 11- 12 years ago.

 

[bobbyowenquiff]

I wouldn’t confuse turnover with profit. The 02 makes about around £10m profit per year ( on the £122m turnover ).

Whilst it’s a great investment long term - it’s not going to make a huge difference short term to CFG accounts.

But like you say, once the hotel and other facilities open they will get further financial benefits from the Arena.

I understand profit. The new developments will hugely increase corporate hospitality with all leisure activities. You are right that it won’t happen immediately but it is a game-changer for the club in my view. Co-op Live is also a much better venue than the O2.

 

[spiny]

What I love is how ADUG, CFG, MCFC or whatever vehicle, they already have plans and options in place for the Etihad, Coop Live, hotel, collar site developments and beyond to generate additional off field revenue whilst others are scratching their heads on how to catch up on field? Trying to catch up let alone compete, is even harder to stop than emulating Citys success with the associated increasing costs, akin to "whack a mole" without a bat.

 

[Stockton Heath Blue]

I understand profit. The new developments will hugely increase corporate hospitality with all leisure activities. You are right that it won’t happen immediately but it is a game-changer for the club in my view. Co-op Live is also a much better venue than the O2.

Corporate hospitality & the hotel will be hugely complementary as I think a lot of the corporate clients will likely stop over at the hotel rather than town.

 

[Gone for a Burton]

Who is the hotel management company ?

We stayed at the DAKOTA for the first time pre WHU...
excellent !!

 

[jrb]

Who is the hotel management company ?

We stayed at the DAKOTA for the first time pre WHU...
excellent !!

City won’t run the hotel

It would be great if a new top end hotel chain not currently in Manchester is selected to run the hotel. That would give the hotel an instant air of exclusivity.

Dakota is a great shout, but they already have a hotel in the NQ, and are opening another hotel at Manchester Airport in the future.

The Dakota hotel in the NQ is rated as the best of the best on Trip Advisor, Manchester hotels, with 1000’s of 5 star reviews. 1951, 5 star reviews.

DAKOTA MANCHESTER - Updated 2024 Reviews, Photos & Prices

Now £159 on Tripadvisor: Dakota Manchester, Manchester. See 2,188 traveller reviews, 1,966 candid photos, and great deals for Dakota Manchester, ranked #1 of 127 hotels in Manchester and rated 5 of 5 at Tripadvisor. Prices are calculated as of 01/09/2024 based on a check-in date of 08/09/2024.

www.tripadvisor.co.uk

 

[Silva61]

What I love is how ADUG, CFG, MCFC or whatever vehicle, they already have plans and options in place for the Etihad, Coop Live, hotel, collar site developments and beyond to generate additional off field revenue whilst others are scratching their heads on how to catch up on field? Trying to catch up let alone compete, is even harder to stop than emulating Citys success with the associated increasing costs, akin to "whack a mole" without a bat.

I totally agree but you know what's coming, yes you guessed it... new rules.
Even so I'm sure the group have it covered.

 

[KS55]

In regard trees I was watching a report from Ken gardens saying that due to climate changes, some indigenous trees are dying out or not lasting as long now, so they are looking at planting trees from hotter climates to compensate. Can’t wait to see bayabob and cactus trees all over Manchester!

I have a palm tree in my garden. Thriving and fruiting.