Johnnybegood33 wrote:What is the story with the money that was in the bank , before the arrival of new owners.
Depends on the terms of the sale. If the cash reserve remained in the bank it would be added to the overall cost to Peak6 of buying the club. It could have been withdrawn prior to the sale by the previous owners and that would have been minused from the value of the club. Its probably somwhere in between but we wont know until annual accounts are lodged with the CRO and we see whats in the balance sheet (i'm open to correction on this). The cash reserve wasnt huge in relative terms after all expenses of the EL run were paid out. Not enough for the demolition of the main stand and a new one built to replace it the full length of the pitch anyway. But more than enough for a few locks on toilet doors and cans of whitewash!!
It would be interesting to know what the cost of the most recent stand in Tallaght was actually, what proportion SDCC paid for and what was issued in sports grants. Its a basic 2000 seater stand without much more than toilets underneath, basic in that I dont think it has office space, medical rooms, parking already there etc. It wouldnt be a direct guide to cost as there wouldnt be the space in Oriel for the same type of stand but it would give an idea. Rule of thumb Johnny is €1million per 1000 seats not including planning conditions like car parking (which is estimated at €5k per surface parking space!! so say 50% of people drive to a game) and will be an obstacle to anything proposed with Oriel imo. Maybe why the Derrhale should be an important consideration to add to the club. Train Station could be a help too.
It was lack of car parking and not the crazy 30,000 people housing development that sank Pie in the Sky Park in Drogheda a decade ago. Their traffic management plan was to run busses from the different public car parks in the town out to the stadium. The NRA objected on the basis that people would park up on the hard shoulder of the M1 on match nights.
A classic line pitched during that proposal went along the lines of 'Louth County Council will be privilaged to to have the top sporting institution in the County, steeped in history and tradition,...the envy of the North East and the Country at large '. When it didnt wash with LCC they did the same with Meath CC for south of the river and were told where to go by them too. Sorry I know this has nothing to do with our ground issues but it always gives me a quiet laugh when I think of the looks that comment got in the council chamber when it was being pushed.