ochfacepalm:Columbus.
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ochfacepalm:Columbus.
frankly, they shouldnt be allowed toThe FA is fucking loaded. They make a lot of tv revenue and lucrative sponsorship deals too. I just don't see a reason why they would want to sell
£500m into grass roots football will not go far, we had a new building from football foundation & local council (106 code = money from house builders) £300k we got 4 changing rooms, 2 refs rooms small kitchen , small store room, that was 10 yrs ago, think last unit that size in our area was £500kOver the 95yrs a stadium (or stadium building site) has existed at Wembley; and in the FA's 154-year existence, the gov body has owned Wembley Stadium/building site for only 19 years.
I actually think it would be an excellent if they sold it. From what has been proposed they will bank £500m and still receive £40m from Club Wembley revenues per year. They already have St George's Park built and up and running. There are new stadiums being built around the country to host England games (Old Trafford, Eitihad, Anfield, New WHL, Emirates, London Stadium LOL, Everton's proposed new stadium and Chelsea's new stadium although this must be in doubt now) all of these stadiums are close to or over 60k in capacity. There is £150m of debt which could be all paid off or substantially reduced (The FA generate an annual income of nearly £400m so the debt is still manageable as it is), so either the entire £500m or something like £400m can now be invested into grass roots football, we have the highest fees in the world for coaches, which is why we have the smallest number of them in Europe, money could be spent reinvigorating existing pitches and facilities, the creation of all weather pitches, making safe current pitches that property developers have their eye's on. This is a once in a lifetime opportunity to re-invest back into the National Sport rather having the money tied up in a soulless bowl.
The FA is fucking loaded. They make a lot of tv revenue and lucrative sponsorship deals too. I just don't see a reason why they would want to sell
No they don'tEvery country has a national football stadium.
It should ideally be spent on providing coaches. The FA charge the highest fees for badges than any country in the World and as a result have the fewest. There should be a complete restructuring of the number of coaches are in the game, subsidise the fees, create an environment for coaches to make it a proper career out of it and not for it to be a part-time minimum wage or for what amounts charitable actions. Imagine 2,000 coaches up and down the country earning £35-40k pa.£500m into grass roots football will not go far, we had a new building from football foundation & local council (106 code = money from house builders) £300k we got 4 changing rooms, 2 refs rooms small kitchen , small store room, that was 10 yrs ago, think last unit that size in our area was £500k
so its 100 builds max's or 150 astra turf pitchs
From the FA website Feb 2017
You can see why £500m plus in cleared funds would be a big deal for a non-profit organisation.
“The annual results, which are comprised across The FA Limited, Wembley National Stadium Limited and the National Football Centre Limited, also demonstrate a record turnover of £370million – up from £318million in 2014-15
The FA made an after-tax profit of £7million across the year, compared to a £9million loss in the previous period, while there were also savings on restructuring/reorganisation costs as well as through refinancing of FA debt”
It cost the FA £789M In 2007 to build, £1.09B today. I can't see anyone stumping up that kind of money for a stadium only
What I've never understood about these people is where does ambition stop? Khan is 67? How long can a long game be? And how much of the fruits of his labour will he enjoy?Spurs would cost you North of 2B these days ...
Interesting take from a US friend, he firmly believes London will have 2 NFL franchises, and that the NFL will expand to 40 teams ... maybe not today or tomorrow but some time in the future ...
Khan is playing the 'long game' .... makes sense for him and the NFL
Not even close imo.Why is Khan not buying Spurs (serious question) surely when talking 8/900 million that’s getting into the territory where ENIC would sell.
That's just the price of the stadium.Why is Khan not buying Spurs (serious question) surely when talking 8/900 million that’s getting into the territory where ENIC would sell.
each time I've meet the local FA, I've banged on about getting good coaches to teach/show skills, tecnics ect to other coaches, so they can go back to their teams and teach/show them,It should ideally be spent on providing coaches. The FA charge the highest fees for badges than any country in the World and as a result have the fewest. There should be a complete restructuring of the number of coaches are in the game, subsidise the fees, create an environment for coaches to make it a proper career out of it and not for it to be a part-time minimum wage or for what amounts charitable actions. Imagine 2,000 coaches up and down the country earning £35-40k pa.
Very good point .What I've never understood about these people is where does ambition stop? Khan is 67? How long can a long game be? And how much of the fruits of his labour will he enjoy?
I ask the same question of Rupert Murdoch. Surely just give up the big games now?
each time I've meet the local FA, I've banged on about getting good coaches to teach/show skills, tecnics ect to other coaches, so they can go back to their teams and teach/show them,