Bangitintrnet wrote:JonD wrote:And there's one more. Have a medal.
Thank you very much, I am honoured.
However I would prefer that you took time to consider when you made up your mind that County owning a ground was a good thing and why?
Also, isn't it about time you revisited the reasons for that decision. There is a lot of nostalgia in sport, and likewise sporting stadia.
Newport rugby have realised that they need to move on, and that living off nostalgia is expensive and self destructive.
Basing the idea of building a new ground on a decision Stan/whoever made of buying his/their house 40 years ago (as he often quotes) is at best moronic.
When making such a decision you need to do research and list comparables.
40 years ago people rented their telly and bought their car. Today it's the other way around, why? Because a car can lose 50% of it's value over 3 years. Why not rent and hand it back and pick up a new one?
Anyway, just take some time to think about when you came to the decision that Newport County owning it's own ground was a good thing, and what has changed since you made that decision.
First, can I say turn off the bold. It should be used for emphasis. All-bold usage is equivalent to all-caps usage and is equivalent to shouting in Internet parlance.
There are positives and negatives about owning your own ground. And people will have different views about whether we should. Those differing views are neither right nor wrong. If you wish to push one view over another and drive it to success, then the path is clear: you stand to become a club director on that platform.
The main negative of building and owning your own ground is owners over-mortgaging and frittering the money on players' wages in the mistaken belief that this will always bring success. Another negative is the annual cost of running a stadium that will generally only be utilised about 60 times every 365 days. And yet another negative is it can drain income from the playing side, especially as building projects "always" go over budget and the money has to be found pdq. The main positive is you have an asset that is generally of increasing worth over the order of a decade or two against which you could borrow to invest (but I refer you back to the start of this paragraph). And another positive is you are not beholden to a landlord, who when it is time to renegotiate lease terms has you over some sort of barrel.
Your analogies (like most in truth), break down when you analyse them more deeply.
It is hard to escape the fact that property/land tends to increase in value over the long term. But a car, unless it is a very special one that will become an investable proposition (and there are very few of those given total auto output) will almost always be a depreciating asset.
As to renting a TV 40 years ago (and you probably meant nearer 50 to 60 years ago), some people still do rent their TVs. It's a good way of updating to a new model every few years or so without the capital expense. Truth be told, I think most people rented their TVs decades ago because TVs were expensive, less people were affluent enough to go out and buy one, HP was more difficult to get, and credit cards for the 'unwashed masses' were still a distant dream. TVs then got relatively cheap, credit became easier to get (but not necessarily afford) and the renting model declined in popularity; but it
is still there.
What we should seek is something like a 99-year lease to use our present home. But as with other avenues, there are pitfalls with this. A decline in club fortunes (and things tend to the cyclical in football) could make the terms difficult/impossible to meet. And we've been there.
IMHO, there are only two ways we can conceivably get our own stadium again: (1) NR moves out of RP for good and the Dragons fold, and we somehow end up with an option to buy RP. (2) A multi-millionaire/billionaire thinks we are a good plaything/long-term investment bet to get to the Premiership promised land.
Oh, I suppose the council could gift us a parcel of land with planning permission and we then run a buy-a-brick campaign to build the Field of Dreams.
I think I favour the long-term lease on RP. If we end up on the wrong end of a football cycle and have to move out of RP, we could always seek to ground share with NR.
EDIT:
I should add that building your own ground from scratch is a project bordering on the multi-decadal time scale. So, in our ownership model, you would need a succession of like-minded people wishing to drive the project forward over many club director election cycles.
The first concern of the board in our ownership model is to ensure we run the club sustainably, and then hope for a modicum of success on the field to ensue from that (which I think we have achieved on both counts, even if possibly fortuitously).
Absent crowds and trust members in the tens of thousands generating a lot more income than we do now, I think that this is the best we can hope for from that ownership model. Of course, on-field success, organically, in the long term, may well lead us to that outcome in terms of attendances and income generation. But club history suggests that is unlikely. But against that, we have never been financially stable as a club over a prolonged period before. So maybe the time is coming where the history will be rosier. Who knows?
But I'd be happy for that multi-millionaire with money to burn to pop by and ask us if we'd like to change that model, too, and build a new ground.