The idea that a bunch of investors/glory seekers will appear over the horizon if Falmer is approved is nonsense.
If you look at many clubs with new stadiums in the last ten years (Millwall, Leicester, Derby) they all have had significant financial problems or have relied on the benevolence of a sugar daddy (Reading) or both (Darlington) to finance the stadium.
Falmer will cost about £40 million and will never make a profit so will not be an attractive investment for anyone out to make a quick buck. Even if the club can use lottery funding or government grants for half of the cost it still would require a £20 million loan, and the interest cost of that would be about £1.5 million a year.
By the time you add on the cost of players wages, the fact that Falmer is likely to only be half full unless we are top of the league or in the Prem, then again only the committed fan with a few million burning a hole in his back pocket is going to finance it, as they are highly unlikely to see any return on their investment.
If you look at many clubs with new stadiums in the last ten years (Millwall, Leicester, Derby) they all have had significant financial problems or have relied on the benevolence of a sugar daddy (Reading) or both (Darlington) to finance the stadium.
Falmer will cost about £40 million and will never make a profit so will not be an attractive investment for anyone out to make a quick buck. Even if the club can use lottery funding or government grants for half of the cost it still would require a £20 million loan, and the interest cost of that would be about £1.5 million a year.
By the time you add on the cost of players wages, the fact that Falmer is likely to only be half full unless we are top of the league or in the Prem, then again only the committed fan with a few million burning a hole in his back pocket is going to finance it, as they are highly unlikely to see any return on their investment.