Topcat Posted 2 April, 2009 Share Posted 2 April, 2009 We are facing extinction. Even if we survive this next few months the large burden on a L1 club (we need to be realistic) that has to pay 100% of the fixed costs of SMS will put us at risk of future failure. Yet if we had a ground share the fixed costs of SMS fall by 50%. Down the road they clearly do not have enough finance for a new stadium. Sharing could at a stroke almost guarantee our survival as the main stadium debt could sit in a "SLH inc" which just runs SMS renting it out to the 2 clubs and others. Link to comment Share on other sites More sharing options...
Pancake Posted 2 April, 2009 Share Posted 2 April, 2009 No, they are in a worse financial mess than us, what is it £90Million in debt? I dont what that debt near SMS. Link to comment Share on other sites More sharing options...
1976_Child Posted 2 April, 2009 Share Posted 2 April, 2009 would never work. can you imagine two of the most bitter rivals in football playing in the same stadium? Especially as the stadium is actually in Southampton. neutral ground, possibly, but not at SMS. Best thing is to get rugby, or other non-league clubs to play Link to comment Share on other sites More sharing options...
saints_is_the_south Posted 2 April, 2009 Share Posted 2 April, 2009 This will never happen in a million years. HTH. Link to comment Share on other sites More sharing options...
Arizona Posted 2 April, 2009 Share Posted 2 April, 2009 Can't see why Pompey, who seldom sell out FP as it is, would want to travel down the M27 and play in their rival's stadium. Especially when they'd have to pay us for the stadium use, not to mention the Police costs. Link to comment Share on other sites More sharing options...
Mase Posted 2 April, 2009 Share Posted 2 April, 2009 No thank you… Going to the stadium will feel like dirt. Link to comment Share on other sites More sharing options...
Pancake Posted 2 April, 2009 Share Posted 2 April, 2009 would never work. can you imagine two of the most bitter rivals in football playing in the same stadium? Especially as the stadium is actually in Southampton. neutral ground, possibly, but not at SMS. Best thing is to get rugby, or other non-league clubs to play Whilst I agree, that is bigging us up a wee bit. And dont AC and Inter share a stadium? Link to comment Share on other sites More sharing options...
LGTL Posted 2 April, 2009 Share Posted 2 April, 2009 A bit different since they share the same city. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 2 April, 2009 Share Posted 2 April, 2009 Whilst I agree, that is bigging us up a wee bit. And dont AC and Inter share a stadium? Yes but it's owned by the City of Milan. Very few clubs in continental europe own their stadium. It's a very british thing. Link to comment Share on other sites More sharing options...
Pancake Posted 2 April, 2009 Share Posted 2 April, 2009 Yes but it's owned by the City of Milan. Very few clubs in continental europe own their stadium. It's a very british thing. I know, the point was more about 2 "rival" teams sharing a stadium. Link to comment Share on other sites More sharing options...
cardomon Posted 2 April, 2009 Share Posted 2 April, 2009 Why would they pay rent (or whatever) to play at SMS when they own Fratton (that they can't fill) Link to comment Share on other sites More sharing options...
krissyboy31 Posted 2 April, 2009 Share Posted 2 April, 2009 Would only have worked if it was built, owned and run by an independant body and placed somewhere around Whitely or Swanwick. Their fans would never travel here and pay us for the priviledge, nor us there. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 2 April, 2009 Share Posted 2 April, 2009 (edited) I know, the point was more about 2 "rival" teams sharing a stadium. Yes but as the City of Milan owns an 80K (or so) seater stadium why have your own anyway? This lack of public money for anything but Ms Smith's household expenses makes everything so ephemereal. To have a decent football club you need a big stadium, but as it's got to be privately financed someone wants to make profit to get the money in the first place.So everything is too expensive and the whole entreprise is self defeating.That's why we lasted so long. The Dell was crap but it was ours and it was paid for.15K in the Dell=25K at SMS cos you have to fund the debt. As soon as they didn't turn up we were ******ed. Edited 2 April, 2009 by Window Cleaner Link to comment Share on other sites More sharing options...
aintforever Posted 2 April, 2009 Share Posted 2 April, 2009 dumb idea Link to comment Share on other sites More sharing options...
slickmick Posted 2 April, 2009 Share Posted 2 April, 2009 We are facing extinction. Even if we survive this next few months the large burden on a L1 club (we need to be realistic) that has to pay 100% of the fixed costs of SMS will put us at risk of future failure. Yet if we had a ground share the fixed costs of SMS fall by 50%. Down the road they clearly do not have enough finance for a new stadium. Sharing could at a stroke almost guarantee our survival as the main stadium debt could sit in a "SLH inc" which just runs SMS renting it out to the 2 clubs and others. Would you be happy to sell our ground for re-development and ground share Fratton Park ? Link to comment Share on other sites More sharing options...
Window Cleaner Posted 2 April, 2009 Share Posted 2 April, 2009 Whitely or Swanwick. Their fans would never travel here and pay us for the priviledge, nor us there. even that's a bit of a trek from Pompey on a bike. Link to comment Share on other sites More sharing options...
Topcat Posted 2 April, 2009 Author Share Posted 2 April, 2009 Here are my responses to the main points. Some of you do not grasp the fact that in a month we may no longer exist. Q1. "cardomon Why would they pay rent (or whatever) to play at SMS when they own Fratton (that they can't fill)" A1 Because they are in debt and need a modern stadium. Q2 "Mase No thank you… Going to the stadium will feel like dirt." A2 Better to still have Saints playing in a stadium than a AFC Saints in the part time leagues playing in a field. Q3 "Pancake No, they are in a worse financial mess than us, what is it £90Million in debt? I dont what that debt near SMS." A3 So they could sell Fratton Park and reduce some of their debt and use their prem income to pay it down without taking on the massive new debt of a new stadium. Link to comment Share on other sites More sharing options...
krissyboy31 Posted 2 April, 2009 Share Posted 2 April, 2009 even that's a bit of a trek from Pompey on a bike. They'd have to build a caravan park and stables as well, naturally. Link to comment Share on other sites More sharing options...
Pancake Posted 2 April, 2009 Share Posted 2 April, 2009 Q3 "Pancake No, they are in a worse financial mess than us, what is it £90Million in debt? I dont what that debt near SMS." A3 So they could sell Fratton Park and reduce some of their debt and use their prem income to pay it down without taking on the massive new debt of a new stadium. If they were a debt free club, then from a business POV (I assume we are talking about trying to keep us going and not about trivial rivalries), then go for it... Link to comment Share on other sites More sharing options...
Navysaint Posted 2 April, 2009 Share Posted 2 April, 2009 If my memory serves me correct we have ground shared before sometime back in the early part of the 1930's or 40's which was at fratton park due to our ground being bombed the historians will know. Link to comment Share on other sites More sharing options...
sperm_john Posted 2 April, 2009 Share Posted 2 April, 2009 are u ****ing mad? Link to comment Share on other sites More sharing options...
pfc123 Posted 2 April, 2009 Share Posted 2 April, 2009 No, they are in a worse financial mess than us, what is it £90Million in debt? I dont what that debt near SMS. We are not £90m in debt. We're in debt, but I understand that it's less than half that. Still a millstone round our necks admittedly, but serviceable (just) all the time the sky money rolls in, although I think the urgency to raise more finance is cranking up a bit with the South African bank loan story now doing the rounds. To be honest you'd be better off sharing with Eastleigh and upgrading their ground. You don't want to come to FP, we wouldn't want you there and the joint ground in Fareham idea dies quickly every time it's raised...... Link to comment Share on other sites More sharing options...
Topcat Posted 2 April, 2009 Author Share Posted 2 April, 2009 If they were a debt free club, then from a business POV (I assume we are talking about trying to keep us going and not about trivial rivalries), then go for it... Not just business, also from a survival point of view. Link to comment Share on other sites More sharing options...
Wade Garrett Posted 2 April, 2009 Share Posted 2 April, 2009 Someone will buy us cheap, and we will be sorted. Chill out. The FTSE has climbed above 4000 today, the Dow Jones over 8000, the G20 are having a lovefest and everything is going to be ok. Even house prices have gone up for the first time in ages. I've just seen a large yacht in Shamrock Quay.... Link to comment Share on other sites More sharing options...
Baj Posted 2 April, 2009 Share Posted 2 April, 2009 would never work. can you imagine two of the most bitter rivals in football playing in the same stadium? Lol, FCB v 1860? Inter v AC? Link to comment Share on other sites More sharing options...
Window Cleaner Posted 2 April, 2009 Share Posted 2 April, 2009 Someone will buy us cheap, and we will be sorted. Chill out. The FTSE has climbed above 4000 today, the Dow Jones over 8000, the G20 are having a lovefest and everything is going to be ok. Even house prices have gone up for the first time in ages. .. Tomorrow will be a day of profit taking and stashing it away in even more obscure tax havens.The indexes will then plunge again, but perhaps not as much as before. 20 blokes yakking is not a solution. People actually doing something is the way forward. Link to comment Share on other sites More sharing options...
LostBoys Posted 2 April, 2009 Share Posted 2 April, 2009 I think you want to be a bit careful about ground sharing with Pompey apart from the usual reasons. One of their bankers has demanded its loan back with immediate effect - allegedly £25m but I cannot find confirmation. Link to comment Share on other sites More sharing options...
Wade Garrett Posted 2 April, 2009 Share Posted 2 April, 2009 Tomorrow will be a day of profit taking and stashing it away in even more obscure tax havens.The indexes will then plunge again, but perhaps not as much as before. 20 blokes yakking is not a solution. People actually doing something is the way forward. Not much profit taking. The indexes are still way down, just not as much as they were. Buy low sell high. Not buy high sell not too low. Don't worry Window Cleaner, everything is going to be great. I'm even on a promise tonight with er'indoors, and it's not even my birthday. Link to comment Share on other sites More sharing options...
RinNY Posted 2 April, 2009 Share Posted 2 April, 2009 would never work. can you imagine two of the most bitter rivals in football playing in the same stadium? Especially as the stadium is actually in Southampton. neutral ground, possibly, but not at SMS. Best thing is to get rugby, or other non-league clubs to play AC Milan, Inter Milan, San Siro. In other words there is no real diffuclty about bitter rival clubs sharing a ground if it makes economic sense. The problem in this case is that Southampton and Portsmouth are just not one city, and I really don't see Portsmouth wanting or agreeing to play at SMS. If Saints had built their new ground at Eastleigh or Fareham or somewhere like that, maybe; as it is, no way. Link to comment Share on other sites More sharing options...
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