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Bernabeau renovation is hugely impressive. Doesn't seem to have taken that long to transform an impressive but very dated stadium into possibly the best football arena in the world (until the Nou Camp re-opens).

FWIW there must be a strong case for Man Utd going the retracting roof route, both for match-day experience, but also to maximise event revenue in sunny Manchester.
 
Bernabeau renovation is hugely impressive. Doesn't seem to have taken that long to transform an impressive but very dated stadium into possibly the best football arena in the world (until the Nou Camp re-opens).

FWIW there must be a strong case for Man Utd going the retracting roof route, both for match-day experience, but also to maximise event revenue in sunny Manchester.


Imagine the leaks......they struggle to maintain the roof they've got now!
 
Took my grandson to a local friendly on Saturday: Ipswich Town Vs Dusseldorf. We had a bit of banter when we got stuck behind a tractor on the way.

Stadium is a dump and small, but it took me back to the days of the old WHL. Drum in the corner banging out chants during lulls, only three people serving at the bar at half time, and all they have is beer and pies, painted breeze block everywhere, trough urinals overflowing and people still pissing in it, me thinking someone trod in dog shit then realising the bloke in front is eating one of those pies....

Ah, those were the days...

Anyway,despite losing, Town played ok, they had a sweeper keeper and some decent looking forwards. I can see them staying up. Didn't realise they have some history, Bobby Robson, FA Cup 1978, etc.
 
Bernabeau renovation is hugely impressive. Doesn't seem to have taken that long to transform an impressive but very dated stadium into possibly the best football arena in the world (until the Nou Camp re-opens).

FWIW there must be a strong case for Man Utd going the retracting roof route, both for match-day experience, but also to maximise event revenue in sunny Manchester.
When you say didn't seem to take long, the reality is it took 24 years! The first applications made by RM to the authorities detailing their plans for a revamped stadium were first submitted in 2000!

Loads of boring legal back-and-forth stuff between 2000 and 2012, but in 21012 things were largely approved and so they went out to tender the architects to design it, 2yrs later RM announced they had chosen their design along with the builders.

Then more legal shenanigans delayed it until 2017 when all was greenlighted once more. Works finally began in 2019 a further 2yrs later.

So it took 5yrs for them to build (ours took 3 years) a new skin to the outer of the stadium, have a retractable pitch, a roof that closes and a revamping of some of the corporate hospitality areas. The capacity increased by only 5k and there are doubts over this being the case, it's believed it's more in the region of 2.5k, either way it's not a big increase.

It's a long way from being finished, all the PR is focussing on the roof and pitch but only half of the Corp areas are completed, the fancy looking open top bar at the top of the stadium hasn't been built yet, the shopping arcade within the new facade hasn't been built yet.

The above refurb has cost €1.7b to date (maybe another €500m to complete) -like us they got most of this on cheap finance locked into for the next 25-30yrs or so but the repayment of the loan = €66m per annum, which with their revenues is more than affordable. And just like us, I'm sure they will see an uplift in future revenues due to them being able to host non-matchday events. But they have yet to host a single significant non-matchday event, the first one is planned for Sept, with another in Oct and another in Dec that's it so far: https://bernabeu.realmadrid.com/en-US

I'm sure they have sold many smaller events using some of the spaces in the building, but this is what most stadiums do anyway and almost certainly they had a revenue stream from this activity before the revamp.

So all in all that's a fuck load of money (nearly €2b!!) to spend with a further half a billion still required to complete it for 3 non-match day events and an extra 2.5k-5k more seats.

BUT......

The old stadium was fantastic, IMO the best stadium to visit, basically because as an away fan you are shoved right at the very top but the view was still amazing as the sides of the stadium are almost verticle (no stadium is allowed to be built this verticle), it feels like you are on top of the pitch and some people do even get vertigo). The fact they have retained this will still mean it will be brilliant for watching football and that's really what it's all about.

If they have done similar to us with what's on offer to eat and drink then that would be another big tick in the box (the old stadium was shit for this just like old WHL).

I also love the facade that envelopes the stadium, it looks amazing, not sure I like ours at all.

So, I think its status will be undiminished and the refurb works well in positioning the club into the future and whilst they have the revenue stream to support it's build I think in the cold light of day the numbers don't add up. Will it generate an additional £60m per annum to cover its repayment I'm not so sure, probably yes but will it transform their revenues like ours have been (last season @ WHL = £216, Revenues 2023 = £550!!!) I don't think so.

I'm not going to hold my breath on Camp Nou, that was easily one of the worst stadiums I've ever had the misfortune to go to, it was an absolute shithole. Given how the club is currently (and historically run) I am as sure as I can be that it will be shit, even if it gets finished given the precarious state they are in (they are skint and have sold off all the family silverware to stay alive).
 
When you say didn't seem to take long, the reality is it took 24 years! The first applications made by RM to the authorities detailing their plans for a revamped stadium were first submitted in 2000!

Loads of boring legal back-and-forth stuff between 2000 and 2012, but in 21012 things were largely approved and so they went out to tender the architects to design it, 2yrs later RM announced they had chosen their design along with the builders.

Then more legal shenanigans delayed it until 2017 when all was greenlighted once more. Works finally began in 2019 a further 2yrs later.

So it took 5yrs for them to build (ours took 3 years) a new skin to the outer of the stadium, have a retractable pitch, a roof that closes and a revamping of some of the corporate hospitality areas. The capacity increased by only 5k and there are doubts over this being the case, it's believed it's more in the region of 2.5k, either way it's not a big increase.

It's a long way from being finished, all the PR is focussing on the roof and pitch but only half of the Corp areas are completed, the fancy looking open top bar at the top of the stadium hasn't been built yet, the shopping arcade within the new facade hasn't been built yet.

The above refurb has cost €1.7b to date (maybe another €500m to complete) -like us they got most of this on cheap finance locked into for the next 25-30yrs or so but the repayment of the loan = €66m per annum, which with their revenues is more than affordable. And just like us, I'm sure they will see an uplift in future revenues due to them being able to host non-matchday events. But they have yet to host a single significant non-matchday event, the first one is planned for Sept, with another in Oct and another in Dec that's it so far: https://bernabeu.realmadrid.com/en-US

I'm sure they have sold many smaller events using some of the spaces in the building, but this is what most stadiums do anyway and almost certainly they had a revenue stream from this activity before the revamp.

So all in all that's a fuck load of money (nearly €2b!!) to spend with a further half a billion still required to complete it for 3 non-match day events and an extra 2.5k-5k more seats.

BUT......

The old stadium was fantastic, IMO the best stadium to visit, basically because as an away fan you are shoved right at the very top but the view was still amazing as the sides of the stadium are almost verticle (no stadium is allowed to be built this verticle), it feels like you are on top of the pitch and some people do even get vertigo). The fact they have retained this will still mean it will be brilliant for watching football and that's really what it's all about.

If they have done similar to us with what's on offer to eat and drink then that would be another big tick in the box (the old stadium was shit for this just like old WHL).

I also love the facade that envelopes the stadium, it looks amazing, not sure I like ours at all.

So, I think its status will be undiminished and the refurb works well in positioning the club into the future and whilst they have the revenue stream to support it's build I think in the cold light of day the numbers don't add up. Will it generate an additional £60m per annum to cover its repayment I'm not so sure, probably yes but will it transform their revenues like ours have been (last season @ WHL = £216, Revenues 2023 = £550!!!) I don't think so.

I'm not going to hold my breath on Camp Nou, that was easily one of the worst stadiums I've ever had the misfortune to go to, it was an absolute shithole. Given how the club is currently (and historically run) I am as sure as I can be that it will be shit, even if it gets finished given the precarious state they are in (they are skint and have sold off all the family silverware to stay alive).
Very good write-up! The Camp Nou does look like it's been pretty comprehensively re-done?

Agree on the gradient of the SB. Daft regs ruin things in the UK.
 
Took my grandson to a local friendly on Saturday: Ipswich Town Vs Dusseldorf. We had a bit of banter when we got stuck behind a tractor on the way.

Stadium is a dump and small, but it took me back to the days of the old WHL. Drum in the corner banging out chants during lulls, only three people serving at the bar at half time, and all they have is beer and pies, painted breeze block everywhere, trough urinals overflowing and people still pissing in it, me thinking someone trod in dog shit then realising the bloke in front is eating one of those pies....

Ah, those were the days...

Anyway,despite losing, Town played ok, they had a sweeper keeper and some decent looking forwards. I can see them staying up. Didn't realise they have some history, Bobby Robson, FA Cup 1978, etc.
Last time I went there was to see our U21's play, probably 6/7yrs ago (Poch was manager I think). I liked it as the stand I was in still had wooden seats and I could park 100m away from the stadium all for a couple of quid - think those days are long gone now they are back in the top flight.

They are posting it up a bit + obviously have to re PL regulations.....


View: https://x.com/BBCSuffolk/status/1800588880917201135
 
Very good write-up! The Camp Nou does look like it's been pretty comprehensively re-done?

Agree on the gradient of the SB. Daft regs ruin things in the UK.
Yeah, all the RM stuff is PR as they moved back into the stadium with the roof shut. But so much of it is still a work in progress (it's all behind the envelope of the facade so it's out of sight) but obviously it's ready to host events/games etc just not all the revenue generation stuff (shopping arcade, some corp hospitality and open-air bar).

A lot is being made of the roof but I don't see this a game-changer, maybe wrong.

I think(??) the regs are UEFA/FIFA driven.
 
City's very own Chris Cowlin....


View: https://youtu.be/n27R6xh51q8?si=vOAaEhM_wQP-bklv

sweet-dreams-good-night.gif
 
Sounds great, as long as I'm not paying for it.
Their having to find their own money is the ONLY acceptable way forward.

The piece quotes they expect it will cost £2b (I reckon it will be a lot higher given the rise of materials and labour) to build, not to mention the loan rates they will obtain will be close to x3 higher than what we are paying is giving me a warm glow thinking this puts them at a min £3b into debt (close to a £1b with the Glazers) with an uplift of just 25k more in capacity. They still have massive revenues to cover the costs but like Real Madrid the spend needed to hang onto the coat tails of City are putting even the elite (I don't see Man U as elite other than in revenue terms) into stress, it's a huge outlay for an uplift in revue akin to half what we experienced and therefore it's not the "no-brainer" it was with us.
 
Their having to find their own money is the ONLY acceptable way forward.

The piece quotes they expect it will cost £2b (I reckon it will be a lot higher given the rise of materials and labour) to build, not to mention the loan rates they will obtain will be close to x3 higher than what we are paying is giving me a warm glow thinking this puts them at a min £3b into debt (close to a £1b with the Glazers) with an uplift of just 25k more in capacity. They still have massive revenues to cover the costs but like Real Madrid the spend needed to hang onto the coat tails of City are putting even the elite (I don't see Man U as elite other than in revenue terms) into stress, it's a huge outlay for an uplift in revue akin to half what we experienced and therefore it's not the "no-brainer" it was with us.


Building it from bricks sounds expensive as well, great idea from G Nev.

They're trying to build a stadium by committee.....
 
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