Iamback
Referee
- Messages
- 20,296
Panthers sold that land ?
shoulders done it themselves
but the land the lc is on is still worth loads
No they own it just leased it to developers, It was done to pay for the Academy. So money well spent
Panthers sold that land ?
shoulders done it themselves
but the land the lc is on is still worth loads
Assuming it’s 1k units the profit would’ve been 500 million to a billion. Like Cronulla clubs are giving up massive profitsNo they own it just leased it to developers, It was done to pay for the Academy. So money well spent
Assuming it’s 1k units the profit would’ve been 500 million to a billion. Like Cronulla clubs are giving up massive profits
Unfortunately, the pleasure of watching cricket in Australia has been ruined by generic multi-purpose stadiums offering little in terms of variety now. Perth Stadium has the exact same dimensions as the MCG for football, and little uniqueness that the WACA has such as the Fremantle doctor. Even the SCG has lost its slowness. Adelaide had the short square boundaries. Now they're all enclosed venues which tend to play the same.
English cricket venues all retain their charm.
Looks like theres room to enclose the bottom stand corners in for more seats then wrap a roof around to meet the two side roofs to give you a NQ style stadium. That would be awesome for NRL. Does look like it lacks corporate facilities?Its such a great stadium! Honestly, I reckon its at about capacity.
If you look at this picture, you'll see the roads on two side. There is also a road not too far away on the southern side.
As an Adelaide boy, if we get a team back...it's got to be at this stadium and not Adelaide Oval...that place doesn't have any atmosphere for a rectangle sport event without a big crowd.
The problem with Australian cricket is drop in wickets (thanks fumbleball) which means that there are so unique wicket conditions
SCG and Gabba retain the pitch during football season, but yes that's another issue in Melbourne, Perth and Adelaide.
The points I raised are valid too. Wind conditions, ground dimensions all needed to be taken into account when playing at a venue. Lords has a 6 metre slope from one side of the ground to the other! The major Oz venues are now mostly 40k and above footy stadiums with some cricket played in them in summer.
The USA went through a multipurpose football/baseball stadium phase in the 70-80s. They've gone back to the traditional baseball park now. That will never happen in Australia unfortunately.
Its such a great stadium! Honestly, I reckon its at about capacity.
If you look at this picture, you'll see the roads on two side. There is also a road not too far away on the southern side.
As an Adelaide boy, if we get a team back...it's got to be at this stadium and not Adelaide Oval...that place doesn't have any atmosphere for a rectangle sport event without a big crowd.
16,500 is a great capacity for a new team in an area where you’re trying to build a following. It allows the games to have atmosphere whilst you’re getting those small crowds in the early years.
If they get good enough, Adelaide Oval for finals games. But I’d rather play in a full house state of the art 16,500 seat stadium than have 20,0000 in a 60,000 seat oval.
Perth is not the same as MCG. It is 5m longer and 9m narrower - midway between MCG & AO in dimensions. Gabba and SCG are almost round. The new Gabba will be more like Perth. But, yes, all our major cricket grounds (possibly other than SCG and AO) have lost their charm. English venues don't really get used by other sports or many other events, so there is less need to expand/update them. It is a good move playing Shield Cricket and even some BBL at places like NSO, Junction Oval, WACA and AB Field that retain some heritage as they are primarily cricket grounds.Unfortunately, the pleasure of watching cricket in Australia has been ruined by generic multi-purpose stadiums offering little in terms of variety now. Perth Stadium has the exact same dimensions as the MCG for football, and little uniqueness that the WACA has such as the Fremantle doctor. Even the SCG has lost its slowness. Adelaide had the short square boundaries. Now they're all enclosed venues which tend to play the same.
English cricket venues all retain their charm.
SCG get more use than most other NSW stadia. Certainly in 2022 it will have had the most use and the most patronage. The good thing there is that the three old stands there are separate, so you can do one at a time without having to spend $300m. Once the new Gabba and Hobart are built, SCG will be the sixth best, and fifth biggest cricket ground we have. The trust won't stand for that.f**k me! It's .00001% of the budget.
And you can't be serious about prioritizing the SCG. In NSW the priority should ALWAYS be rectangular stadiums... you know, the shape that 99% of our sporting teams use, as well as the rest of the world.
You're taking the piss saying you're from Sydney.
The trust don’t exist anymoreSCG get more use than most other NSW stadia. Certainly in 2022 it will have had the most use and the most patronage. The good thing there is that the three old stands there are separate, so you can do one at a time without having to spend $300m. Once the new Gabba and Hobart are built, SCG will be the sixth best, and fifth biggest cricket ground we have. The trust won't stand for that.
Assuming it’s 1k units the profit would’ve been 500 million to a billion. Like Cronulla clubs are giving up massive profits
This maths looks a bit wonky.
Mirvac's financial statements show $1.018 billion of revenue and profit of $164m for the residential development segment, so a margin of 16.11%. (https://www.mirvac.com/-/media/Proj...or-Centre/ASX/2022/MGR-FY22-Annual-Report.pdf pages 82 and 86).
Using the margin from Mirvac, for the developer to make $500m profit they will need $3.1b in sales and for a billion they'll need $6.1b in sales.
Seems a long shot that Penrith were sitting on such valuable undeveloped land.
Additionally, the interest rate the developer is paying has gone through the roof the past six months. This will supress the ultimate sale price too. They may be lucky to break even at the end of the day.
100% agree.16,500 is a great capacity for a new team in an area where you’re trying to build a following. It allows the games to have atmosphere whilst you’re getting those small crowds in the early years.
If they get good enough, Adelaide Oval for finals games. But I’d rather play in a full house state of the art 16,500 seat stadium than have 20,0000 in a 60,000 seat oval.
not sure of the accuracy, but wikipedia has the dimension as 120 x 80. I dont remember it being too short when the Rams moved there in their second year though.I thought Coopers stadium had shorter pitch dimensions or something? Ie when NRL is played there, they had to shorten the ground like they do at Anfield in the UK. If that is the case, may put a dampener on its suitability as a permanent home.
To get an avg you need to be able to get over that avg for the big games. a 16k stadium will see an avg of 13k ish. a 20k stadium 16k.100% agree.
only 2 Sydney teams averaged more than 16,500 in 2022, as a comparison.
not sure of the accuracy, but wikipedia has the dimension as 120 x 80. I dont remember it being too short when the Rams moved there in their second year though.
corners probably could...would also want to buy some land and put a carpark imo.Looks like theres room to enclose the bottom stand corners in for more seats then wrap a roof around to meet the two side roofs to give you a NQ style stadium. That would be awesome for NRL. Does look like it lacks corporate facilities?
obviously that makes senseTo get an avg you need to be able to get over that avg for the big games. a 16k stadium will see an avg of 13k ish. a 20k stadium 16k.
Not every game draws the same so you need to be able to maximise the crowds for the big games to balance the small crowds. No NRL stadium should be less than 20k now and 25k in 10 years time. Thats the standard they should set.