Cronulla Sharks Development Approved!

[Ausguy]

Looks like we may be able to say "100 years and won f**k all"

Ha ha hater.

Still in the comp. as a stand alone club.

Its a wonderful day

 

[Dread]

Retail is expected to bring in rent of about $1 mil per year.

Erasure of the debt will decrease interest payments by about $1 mil per year.

Sale of apartments will raise probably $15 - $20 mil over about eight years, which can be reinvested (hopefully wisely.)

Then increased foot traffic and patronage of the leagues club will aid revenues on that front too.

It's not going to have us competing with the Broncos anytime soon, but it'll have us much more competitive within the Sydney market. Not exisiting on the fumes of an oily rag anymore, and no danger of the banks calling in our debts... because they're gone!

 

[BranVan3000]

How many units will be built?

 

[betcats]

Too bad they're still stuck in the shire...

 

[Red&BlackBear]

Good news. This will secure the Sharks future, stop relocation talks (esp. to CC or WA) and keep the fans happy. I do say it though, you guys sure have luck when it comes to survival.

 

[Ausguy]

Too bad they're still stuck in the shire...

Yeah terrible place to live. Stay where you are..... Please.

 

[Ausguy]

Good news. This will secure the Sharks future, stop relocation talks (esp. to CC or WA) and keep the fans happy. I do say it though, you guys sure have luck when it comes to survival.

This one wasn't luck. It was extremely good management.

 

[bottle]

Will this get some exposure in the next episode of 'The Shire'? Preferably discussed by some girls wearing skimpy tight boob tubes.

 

[BranVan3000]

Well the good management starts now. Just hope you don't run into typical problems with contractors and the work gets finished on time within budget

 

[Dread]

This one wasn't luck. It was extremely good management.

Couldn't be more correct. Having watched this process closely from its first steps through to the decision today, everything about this development was handled with utmost professionalism.

 

[Danish]

Great news for the sharks, horrible news for the residents of the surrounding suburbs.

 

[Dread]

Well the good management starts now. Just hope you don't run into typical problems with contractors and the work gets finished on time within budget

The best thing about the development is that we've taken on none of the risk. That's also why the returns aren't enormous.

 

[CrazyTiger]

Nothing can kill the cancer that is Cronulla. Fantastic news for the future of rugby league.

 

[Ausguy]

Great news for the sharks, horrible news for the residents of the surrounding suburbs.

Why so?

Give me some facts as to why it's so awful.

The local amenities are going to be greatly improved. The public transport will be boosted and 1100 jobs created.

Awful for the community. Just awful.

 

[ash the bash]

Any details on what the stadium upgrades will be ?

 

[newman]

Great news for the sharks, horrible news for the residents of the surrounding suburbs.

Nah.

 

[newman]

Any details on what the stadium upgrades will be ?

Joining both eastern and western grandstands to the southern grandstand. Some more terraces on the northern end.

That's in stage 3 of the project, so 8 years away.

 

[ash the bash]

Cheers

 

[Danish]

Why so?

Give me some facts as to why it's so awful.

The local amenities are going to be greatly improved. The public transport will be boosted and 1100 jobs created.

Awful for the community. Just awful.

Over 1000 additional cars pouring in and out of the area on a captain cook drive every morning isn't going to cause any headaches for people is it?

Nor is the destruction of a half dozen soccer fields going to have any negative effects on the people who previously played sport there I suppose.

As to the 1100 jobs created, they'll just be filled by people previously employed elsewhere in the shire (probably to the detriment of other local businesses).

Most of my fellow shire residents I've spoken to aren't fans of the development. the sharks being financially viable is not really high up on care factor compared to adding a buttload of extra traffic trying to get over captain cook bridge each morning or piling onto the already insufficient train services.

 

[SharkShocked]

Over 1000 additional cars pouring in and out of the area on a captain cook drive every morning isn't going to cause any headaches for people is it?

Nor is the destruction of a half dozen soccer fields going to have any negative effects on the people who previously played sport there I suppose.

As to the 1100 jobs created, they'll just be filled by people previously employed elsewhere in the shire (probably to the detriment of other local businesses).

Most of my fellow shire residents I've spoken to aren't fans of the development. the sharks being financially viable is not really high up on care factor compared to adding a buttload of extra traffic trying to get over captain cook bridge each morning or piling onto the already insufficient train services.

:lol: