Uter
Well-known member
For those interested, a very brief history of the Lancing training facility.
Initial phase:
Cost: approx £30m for building and land acquisition.
Planning permission: Oct 2012
Opened: 2014
American Express sponsorship announced: June 2014
Category 1 status awarded: July 2014
Expansion:
Cost: approx £20m
Plans submitted: March 2019
Planning permission: May 2019
Running costs:
Typically around £4m - £5m a year for Cat 1 clubs.
Category 1 clubs receive an annual grant. From memory it's around £900k per year. This and the sponsorship will help a bit too, but it will still be a net cost of several million a year.
Total financial commitment to date:
Approx £70m
Obviously the training centre serves many purposes, but it's impossible to dis-aggregate the costs to arrive at a figure for the academy alone.
It's a massive investment so far, not far off the cost of constructing the stadium itself IIRC.
It's a huge commitment, but Tony Bloom must view this as a strategic investment that will eventually help load the dice in his favour.
After 5 years there are signs that this is happening:
The U18s are second only on goal difference in their league, having dropped only 2 points so far. They thrashed Arsenal 6-3 last week.
The U23s came close to winning their league last season.
Tony Bloom wasn't at the Spurs match, but I can picture him watching from afar and allowing himself a wry smile when Connolly banged in the 3rd goal.
Initial phase:
Cost: approx £30m for building and land acquisition.
Planning permission: Oct 2012
Opened: 2014
American Express sponsorship announced: June 2014
Category 1 status awarded: July 2014
Expansion:
Cost: approx £20m
Plans submitted: March 2019
Planning permission: May 2019
Running costs:
Typically around £4m - £5m a year for Cat 1 clubs.
Category 1 clubs receive an annual grant. From memory it's around £900k per year. This and the sponsorship will help a bit too, but it will still be a net cost of several million a year.
Total financial commitment to date:
Approx £70m
Obviously the training centre serves many purposes, but it's impossible to dis-aggregate the costs to arrive at a figure for the academy alone.
It's a massive investment so far, not far off the cost of constructing the stadium itself IIRC.
It's a huge commitment, but Tony Bloom must view this as a strategic investment that will eventually help load the dice in his favour.
After 5 years there are signs that this is happening:
The U18s are second only on goal difference in their league, having dropped only 2 points so far. They thrashed Arsenal 6-3 last week.
The U23s came close to winning their league last season.
Tony Bloom wasn't at the Spurs match, but I can picture him watching from afar and allowing himself a wry smile when Connolly banged in the 3rd goal.