We can forgive each other for clumsy phrasing forever if you want. Nevertheless the Anfield Plaza proposals are ‘essentially non-competitive football-related businesses and retail’. Perhaps I could have put an extra comma or an ‘and’ in there to make you happy but, it is of its essence that it is not of a size or in a location to compete with other (regional or sub-regional) facilities of a similar nature. It does include football-related business and it does include retail. It also includes other things. I hope that is clear.
The comparison with the Emirates (and it’s supporting developments) is often made in terms of a question - ‘they did it and they’re raking it in - why can’t we?’ and needs to be answered - the argument had no need of creation. The stadium costs will be similar and a comparison can and has been made between the number and ability of the fans to pay in their respective locations. Similarly a comparison can de drawn between the respective supporting developments. Despite Arsenal doing rather better than we might on counts of numbers, affordability and value of supporting development, they still made an overall loss in the first half of the year which does indicate that they are heavily reliant on (a bigger and more prosperous market and) residential sales to pay down the debt - an advantage, by comparison, we will not enjoy and which goes a long way to answer the question.
I happen to believe that development ought to be distinct and self-sustaining - it must at least ‘wash its own face’ financially but that’s a debate for another day.
For the reasons stated in my ‘two paras’ the ‘regeneration’, ‘upgrading’, ‘renewal’, ‘refreshment’, ‘refurbishment’ or ‘rehabiliation’ of existing building stock on WBR is more beneficial to both an urban renewal and environmental sustainability brief than the demolition of the stadium and its immediate surroundings for new development. I asked you what you thought of that (in terms of the reasons stated). I don’t think I can be any clearer - I’ve tried my best.
Peter.Para one.The retail discussion is peripheral, we agree there is some .But nowhere does it say football related.
Para two.The Emirates project is different from the Anfield project in pretty much every respect is the answer to anyone who asks
for comparisons.The construction ( and site remediation) costs are not similar.The calibration of ticket pricing and nature of demand
in central London to Merseyside is also different.There is no comparison whatsoever between the supporting developments.
Your conclusion on a £2.5m half year trading loss for a club with an annual turnover last year of £380m (so just over half a percent),
who paid down additional debt through profits of £130m last year ,is unique.
No-one would dispute that all developments should be commercial.
The WBR v Anfield Plaza debate has two parts, deliverability and planning desirability.
Anfield Plaza is a one ownership, developable entity.Empty as a result of New Anfield,it is eminently suitable for all the uses the current
outline consent specifies.As such, it is impossible to beat on deliverability.Its planning desirability is a matter of record - it is consented.
WBR is in multi-ownership and of a scale and scope which is unknown.There is no reason for the council to use public money to compulsory purchase
holdings,nor are they in the business of speculative development.Private business has not chosen to take it on becuase it is not commercial.
Site assemblies are expensive, time consuming and uncertain both in terms of the holding you end up with, and what you can then end up doing with it.
So its deliverability is unknown.Planning desirability is equally unknown - because it is impossible to know what you are going to end up with, let alone what you can do with it.
I am very happy for others to draw their own conclusions from that.
We all agree that WBR and the area in general is in need of renewal and regeneration.Typically such renewal is sparked by an anchor development.
A new stadium / Anfield Plaza on its own would bring jobs and money into the area as a construction project alone for around three years.
Beyond that there is the permanent increase in employment and revenue that the two projects will continue to offer once constrcution is complete.
Ironically it is that which is likley to provide the catalyst for the regeneration of WBR/ the area in general.
A limited redevlopment of Anfield ( which I acknowledge could be the right commercial answer) cannot provide either the short term jobs/revenue
injection of a new stadium/Anfield plaza, nor can it offer the prospect of offering the catalyst for associated redevelopment on WBR and the area.
It provides neither the jobs nor increased revenue to kick start it.