Constructive ideas for Ground Development

[Chalkie]

Not sure what, if any impact this might have regarding the redevelopment:

Councils with the biggest debt burdens

Spelthorne: £1.1bn debt, 86.9x income

Woking: £1.97bn debt, 62x income

Eastleigh: £528m debt, 41.1x income

Runnymede: £643m debt, 23.4x income

Worthing: £204m debt, 14.4x income

Surrey Heath: £170m debt, 13.7x income

Rushmoor: £120m debt, 10.6x income

Cherwell: £188m debt, 10.3x income

Uttlesford: £301m debt, 10x income

Warrington: £1.8bn debt, 7.5x income

Source: Moody’s Investor services report. Borrowing figures are fiscal year end 2023, income most recent year available.

[Richard Petty]

Not sure what, if any impact this might have regarding the redevelopment:

Councils with the biggest debt burdens

Spelthorne: £1.1bn debt, 86.9x income

Woking: £1.97bn debt, 62x income

Eastleigh: £528m debt, 41.1x income

Runnymede: £643m debt, 23.4x income

Worthing: £204m debt, 14.4x income

Surrey Heath: £170m debt, 13.7x income

Rushmoor: £120m debt, 10.6x income

Cherwell: £188m debt, 10.3x income

Uttlesford: £301m debt, 10x income

Warrington: £1.8bn debt, 7.5x income

Source: Moody’s Investor services report. Borrowing figures are fiscal year end 2023, income most recent year available.

In theory it should encourage them to continue supporting the development as there is no initial outlay for RBC so the percentage share that they get from the housing part on Redan Hill will contribute to clearing any current debts. Also those debt figures are likely to be a bit misleading because they will include capital outlay for purchasing the Union Street properties in Aldershot and Kingsmead and Queensmead in Farnbourough which of course will generate income once fully developed from retail leases of course residential sales.

[ShotOnTarget]

Not sure what, if any impact this might have regarding the redevelopment:

Councils with the biggest debt burdens

Spelthorne: £1.1bn debt, 86.9x income

Woking: £1.97bn debt, 62x income

Eastleigh: £528m debt, 41.1x income

Runnymede: £643m debt, 23.4x income

Worthing: £204m debt, 14.4x income

Surrey Heath: £170m debt, 13.7x income

Rushmoor: £120m debt, 10.6x income

Cherwell: £188m debt, 10.3x income

Uttlesford: £301m debt, 10x income

Warrington: £1.8bn debt, 7.5x income

Source: Moody’s Investor services report. Borrowing figures are fiscal year end 2023, income most recent year available.

In theory it should encourage them to continue supporting the development as there is no initial outlay for RBC so the percentage share that they get from the housing part on Redan Hill will contribute to clearing any current debts. Also those debt figures are likely to be a bit misleading because they will include capital outlay for purchasing the Union Street properties in Aldershot and Kingsmead and Queensmead in Farnbourough which of course will generate income once fully developed from retail leases of course residential sales.

It's nevertheless an eye-watering list Richard. Also, given that Hampshire County Council are heading for bankruptcy (whilst outgoing Chief Executive John Coughlin received a remuneration of £530,760 in 2020-21, largest figure in the South East and 4th largest in the UK for this post, with HCC, along with Kent topping the regional polls for having the most employees to be handed pay deals in excess of £100,000 – a total 26 each.), a Royal Commission is long overdue to examine exactly how OUR hard earned money is being spent by Local Authorities. Yes, we get a crude breakdown of costs on our Council Tax demand but that isn't exactly forensic. We really need to get back to the original ethos of Local Authorities being groups well-intentioned citizens organising resources for the good of their community so that costs are shared rather than funding grotesque, rapacious, self serving organisations that are, in reality, answerable to nobody but themselves.

[Stenhouse]

I said it before and I will say it again - the proposed redevelopment of the Rec will be a disaster - losing the majority of the East Bank, (our biggest selling point), no tangible car parking on match days, and no new weekday income streams. Mark my words.

[ShotOnTarget]

I said it before and I will say it again - the proposed redevelopment of the Rec will be a disaster - losing the majority of the East Bank, (our biggest selling point), no tangible car parking on match days, and no new weekday income streams. Mark my words.

The current proposed design is fitting in that it accurately reflects both the foresight and the understanding of football in Aldershot of those involved.

[Harlow Massive]

I said it before and I will say it again - the proposed redevelopment of the Rec will be a disaster - losing the majority of the East Bank, (our biggest selling point), no tangible car parking on match days, and no new weekday income streams. Mark my words.

The current proposed design is fitting in that it accurately reflects both the foresight and the understanding of football in Aldershot of those involved.

Well it shows to me that those involved have simply no understanding of football in Aldershot!

[Mytshot]

Not sure what, if any impact this might have regarding the redevelopment:

Councils with the biggest debt burdens

Spelthorne: £1.1bn debt, 86.9x income

Woking: £1.97bn debt, 62x income

Eastleigh: £528m debt, 41.1x income

Runnymede: £643m debt, 23.4x income

Worthing: £204m debt, 14.4x income

Surrey Heath: £170m debt, 13.7x income

Rushmoor: £120m debt, 10.6x income

Cherwell: £188m debt, 10.3x income

Uttlesford: £301m debt, 10x income

Warrington: £1.8bn debt, 7.5x income

Source: Moody’s Investor services report. Borrowing figures are fiscal year end 2023, income most recent year available.

In theory it should encourage them to continue supporting the development as there is no initial outlay for RBC so the percentage share that they get from the housing part on Redan Hill will contribute to clearing any current debts. Also those debt figures are likely to be a bit misleading because they will include capital outlay for purchasing the Union Street properties in Aldershot and Kingsmead and Queensmead in Farnbourough which of course will generate income once fully developed from retail leases of course residential sales.

Why are councils gambling with our money? I’m amazed this is even a thing. Seems very irresponsible to me.

[canaryshot]

The new development is essential to attract new investment and better players imo.
I feel that Shots are stagnating in this league, we need to move on and the new ground is a crucial first step.
However, the club does need the new facilities to raise revenue on non match days which will also give it more of a community feel. Pop up vendors may be one solution.

[Preston Shot]

September has again passed

[lanternhall]

I said it before and I will say it again - the proposed redevelopment of the Rec will be a disaster - losing the majority of the East Bank, (our biggest selling point), no tangible car parking on match days, and no new weekday income streams. Mark my words.

Totally agree with you. Yes the ground does need redeveloping but not as planned. The East Bank should be the focal point of redevelopment.

[stevieshot]

I agree a bigger stand to replace the East Bank is essential. I also think that could be achieved High St end, with a small stand East Bank End for away support half standing half seated. What is for sure is the present plan is a dead duck for the fans. So the BOD should take note.

[ShotOnTarget]

The new development is essential to attract new investment and better players imo.
I feel that Shots are stagnating in this league, we need to move on and the new ground is a crucial first step.
However, the club does need the new facilities to raise revenue on non match days which will also give it more of a community feel. Pop up vendors may be one solution.

There's a lot that could be done to make the facility multi-use but there doesn't seem to be a lot of communication on this, either in terms of what plans there are or consultation with the supporter base. It's been nearly 5 years since the project was described as 'imminent' and in my opinion those 5 years have been squandered.

[chimpster99]

The developer clearly has no vision. If they need the land where the East Bank sits, then just do this!!!

https://www.facebook.com/story.php?stor ... cPcJ5xGkxl

[Harlow Massive]

The new development is essential to attract new investment and better players imo.
I feel that Shots are stagnating in this league, we need to move on and the new ground is a crucial first step.
However, the club does need the new facilities to raise revenue on non match days which will also give it more of a community feel. Pop up vendors may be one solution.

There's a lot that could be done to make the facility multi-use but there doesn't seem to be a lot of communication on this, either in terms of what plans there are or consultation with the supporter base. It's been nearly 5 years since the project was described as 'imminent' and in my opinion those 5 years have been squandered.

I understood we were going to get monthly updates without fail.........?

[Aldershot_Rob]

I also fully expect plans to be approved without proper consultation too. Communication will be the first to dry up (as seen) then once contracts have been signed we'll be told the process alongside a timeline for what and when. As customers, we'll just have to accept it