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On 23/06/2023 at 04:36, JohnMc said:

The cost of building a 'new' Ibrox is worth investigating, the Copland, Broomloan and Govan are over 40 years old now even if there have been changes to each over that time. Everton have estimated £500 million for their proposed new stadium. Spurs apparently spent around £1 billion on their ground. Brentford built a new stadium for £71 million. Some fairly big differences in costs there. I suspect we'd want to keep the Main Stand, so it's a 3 sided bowl or similar we'd be looking at. We wouldn't need to buy land, unlike Spurs and Everton, so that's a saving right away. 

 

We'd clearly need to borrow the money for the project, and if we assume the 'new' Ibrox would have a higher capacity and more corporate boxes to pay for the build. If we needed £250 million then in simple terms we'd be looking for £10million a season plus interest over 25 years. Not impossible if we add another 10,000 seats plus more hospitality. The danger is that the initial cost grows. That happened when we rebuilt back in the late 70s and it had a huge effect on the quality of the team on the park. 

 

Match day revenue continues to be our most important source of income, so investigating how to increase that makes a lot of sense. 

Did Spurs actually have to buy land ?  They built it on the same footprint as the old White Hart Lane and spent a season or two as tenants at Wembley

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20 minutes ago, craig said:

Did Spurs actually have to buy land ?  They built it on the same footprint as the old White Hart Lane and spent a season or two as tenants at Wembley

I'm sure it was only partly built on existing old stadium land.

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On 24/06/2023 at 16:58, craig said:

Did Spurs actually have to buy land ?  They built it on the same footprint as the old White Hart Lane and spent a season or two as tenants at Wembley

They had to buy quite a bit of land adjacent and around the old stadium. They somehow even managed to get a compulsory purchase put in place on a decent sized steel fabricating business nearby, how they got that through I'll never know. The new stadium is adjacent to the old one and does overlap, but it's not exactly in the same place,  a bit like us building a new stadium on the site of the Ibrox primary school across Edmiston Drive. 

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10 minutes ago, JohnMc said:

They had to buy quite a bit of land adjacent and around the old stadium. They somehow even managed to get a compulsory purchase put in place on a decent sized steel fabricating business nearby, how they got that through I'll never know. The new stadium is adjacent to the old one and does overlap, but it's not exactly in the same place,  a bit like us building a new stadium on the site of the Ibrox primary school across Edmiston Drive. 

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