Glostergull wrote: 22 Apr 2017, 10:48
So if a new venue was built to cope with a decent amount of revenue extra to the football then it has to be a decent size enough to fit all this in. 2500 supporters can't sustain a stadium without it nowadays. so its no good GI building us a nice new home and then saying we built it we will take the extra revenue. we might as well stay at Plainmoor.
This is
exactly the argument against GI's new stadium, even if they are genuinely interested in building a new stadium and aren't trying to screw us for the freehold - newsflash they're not!
If we move to a new GI owned stadium, we'll be the tenants of GI paying them a rent that they can set at their own whim (even if they don't own the team in the future). That amount can be anything they damn well please as we won't have the option of going and playing in another stadium due to the lack of facilities south of Exeter. Indeed it would put us in the same position that Bristol Rovers struggled against in GIs past form, although slightly safer given that GI wouldn't want to evict the anchor tenants from a stadium they've just built - although as I said before this stadium will not be built, the Rovers example alone shows GI aren't interested in running stadiums but evicting clubs out of them to demolish the stadium.
Furthermore the benefit of the new stadium - i.e increased revenue generating capacity, will not benefit the club at all due to the fact all this cash will go into GIs pockets. You could argue that they'll use this to fund the club further but I highly doubt it, they'll fund the club to the minimum level needed to keep it average in the league it's in, thus providing them with 23+ days/nights a year when the facility is used and money is coming through the turnstiles and no more.
The only way a new stadium away from Plainmoor makes sense (and commercially it certainly does if the club retain the profits as Exeter has shown) is
a) If the Council funds it as part of a development project - HIGHLY unlikely
b) out of the blue another Paul Bristow but significantly wealthier emerges buys the club, builds a new stadium (placed under the clubs' legal ownership) and runs the club for fun, being happy to run at an initial significant loss - Even more unlikely
c) out of the blue another Paul Bristow but significantly wealthier emerges - builds it and gifts it to the club - Less likely than Louie Spence coming out as straight
So unless I happen to win a significant EuroMillions jackpot, the near term aim besides sorting out GI, is to maximise the utilisation of Plainmoor's current assets, Merse has frequently alluded to the fact that the rooms under Bristow's Bench are basically gathering dust at the moment.