VALENCIA - Nou Mestalla (73,200)

[Harrys]

Originally Posted by Fizmo1337

And why would any sjeikh take over valencia? They are maybe not the brightest people but they are certainly not stupid. Why would they buy a team with 300 or 500m debt when they can buy one without any debt?? And the reason the sjeikh of malaga pulled out is because of the inequal distribution of tv money which means real madrid & barca start off with more then 100m money more then malaga each year. Sjeikhs are rich but they are not willing to spend that much EVERY year only to start equal with barca & real (plus they need to spend massively to catch up real madrid & barca and let's be honest, it's impossible to catch them, they got all the best player in the world, it would take like more then 1 billion).

Valencia CF is already a big team in Spain and has a wide experience in Europeans cups...the gap between Valencia and Barça & Real isn't much bigger than the gap that used to be between Man City and Man Utd.

Even with its huge debt, a club like Valencia, is surely a big deal for a Rich Sheikh to penetrate the Liga, since the Barça and Real have a closed ownership with the system of socios.

Why would they buy a team with 300 or 500m debt when they can buy one without any debt??

Like what ? Atletico Madrid ? Sevilla FC ? they're not for sold and they still less prestigious than Valencia.

Man City received 1 bn£ to become what it's today...if a rich sheik invests even less of this amount in Valencia CF, the club can make it up.
=> 400 m€ to write-off the debt
=> 300 m€ to recruit some stars (even the team has already some notable players)
=> 150 m€ to finish the Nou Mestalla.

[shhyvoodoo]

Originally Posted by Fizmo1337

And why would any sjeikh take over valencia? They are maybe not the brightest people but they are certainly not stupid. Why would they buy a team with 300 or 500m debt when they can buy one without any debt?? And the reason the sjeikh of malaga pulled out is because of the inequal distribution of tv money which means real madrid & barca start off with more then 100m money more then malaga each year. Sjeikhs are rich but they are not willing to spend that much EVERY year only to start equal with barca & real (plus they need to spend massively to catch up real madrid & barca and let's be honest, it's impossible to catch them, they got all the best player in the world, it would take like more then 1 billion).

hehehe.. I'm sorry but I stopped reading your post after the first two sentences.. They are not smart... OK, lets play Big Bank take Little Bank.. They show how much money they have and you show how much money you have.. ready...
Thought so.. When you have money like them, YOU DON'T HAVE TO BE SMART. Hell you probably the one or someone in your family contributing to the fundage by filling up your SUVs...

[Fizmo1337]

Originally Posted by Harrys

Valencia CF is already a big team in Spain and has a wide experience in Europeans cups...the gap between Valencia and Barça & Real isn't much bigger than the gap that used to be between Man City and Man Utd.

Even with its huge debt, a club like Valencia, is surely a big deal for a Rich Sheikh to penetrate the Liga, since the Barça and Real have a closed ownership with the system of socios.

The sjeikh man city has bought, wanted to build a team from scratch. They are not gonna buy man united because they were already succesful. What's the fun part about that when they already have the best players and already win the league?? There's no challenge. That's why they bought man city because it was a midtable team and they had a challenge to make it a top team in England by building a new stadium, buying top players,etc.. and challenge the top teams chelsea, man united, arsenal,etc.. The fact that valencia is already the 3rd biggest team means they won't be able to improve the team. That's why they would never buy valencia. Barca & Real Madrid are impossible to catch so they will stay 3rd. Real Madrid is buying the best players in the world for the last 5 years and still is not as good as barca. What makes you think it's possible with valencia?? If they would buy valencia they would keep being the 3rd biggest team in spain so they won't be able to see improvement in the table. That's boring. They rather would buy a relegation team like malaga and make it one of the biggest clubs in spain. At least this way you see improvement on the table and you wouldn't need to take over 400m debt. Plus there's another big club in the country which makes it more interesting. If they buy valencia it's already a big club in spain and nothing changes in the landscape of the league.

Like what ? Atletico Madrid ? Sevilla FC ? they're not for sold and they still less prestigious than Valencia.

Man City received 1 bn£ to become what it's today...if a rich sheik invests even less of this amount in Valencia CF, the club can make it up.
=> 400 m€ to write-off the debt
=> 300 m€ to recruit some stars (even the team has already some notable players)
=> 150 m€ to finish the Nou Mestalla.

There are enough teams (relegation teams) who would cost only 20-30m to buy so why would they buy valencia and take over 400m debt when they can buy a team for 20m?? At least they can start from scratch and build a team then and keep improving.

Buy real sociedad, rayo vallecano or any other relegation team:
=>> 20-30m to buy the club
=> 200m for new stadium
=>> 400m for top players
much cheaper

No sjeikh like the one who city bought, would buy valencia. A club with 400m debt who are already at the highest possible place in the league (3rd) or buying a club who only cost 20m and trying to get up the la liga table?? Easy choice for a sjeikh. And businessman look for clubs who are not worth that much, have relatively little debt and huge revenue streams and are able to make money by owning the club. Valencia has too much debt, too little revenue and 2 big clubs in spain who are imposible to catch so no businesman would ever buy valencia.

[bewilder2]

Originally Posted by Fizmo1337

The sjeikh man city has bought, wanted to build a team from scratch. They are not gonna buy man united because they were already succesful. What's the fun part about that when they already have the best players and already win the league?? There's no challenge. That's why they bought man city because it was a midtable team and they had a challenge to make it a top team in England by building a new stadium, buying top players,etc.. and challenge the top teams chelsea, man united, arsenal,etc.. The fact that valencia is already the 3rd biggest team means they won't be able to improve the team. That's why they would never buy valencia. Barca & Real Madrid are impossible to catch so they will stay 3rd. Real Madrid is buying the best players in the world for the last 5 years and still is not as good as barca. What makes you think it's possible with valencia?? If they would buy valencia they would keep being the 3rd biggest team in spain so they won't be able to see improvement in the table. That's boring. They rather would buy a relegation team like malaga and make it one of the biggest clubs in spain. At least this way you see improvement on the table and you wouldn't need to take over 400m debt. Plus there's another big club in the country which makes it more interesting. If they buy valencia it's already a big club in spain and nothing changes in the landscape of the league.



There are enough teams (relegation teams) who would cost only 20-30m to buy so why would they buy valencia and take over 400m debt when they can buy a team for 20m?? At least they can start from scratch and build a team then and keep improving.

Buy real sociedad, rayo vallecano or any other relegation team:
=>> 20-30m to buy the club
=> 200m for new stadium
=>> 400m for top players
much cheaper

No sjeikh like the one who city bought, would buy valencia. A club with 400m debt who are already at the highest possible place in the league (3rd) or buying a club who only cost 20m and trying to get up the la liga table?? Easy choice for a sjeikh. And businessman look for clubs who are not worth that much, have relatively little debt and huge revenue streams and are able to make money by owning the club. Valencia has too much debt, too little revenue and 2 big clubs in spain who are imposible to catch so no businesman would ever buy valencia.

Very true.

Another big part of the equation was being part of the premier league, obviously the top league (overall, mind you), in big time cities. I'm sorry, as great as Valencia is, it's not quite the same as London or Manchester.

I'd expect Atletico to be bought by a sheikh way before Valencia, and even Espanyol before Valencia.

[GunnerJacket]

Originally Posted by Fizmo1337

The sjeikh man city has bought, wanted to build a team from scratch. They are not gonna buy man united because they were already succesful. What's the fun part about that when they already have the best players and already win the league?? There's no challenge. That's why they bought man city because it was a midtable team and they had a challenge to make it a top team in England by building a new stadium, buying top players,etc.. and challenge the top teams chelsea, man united, arsenal,etc..

You seriously believe that?

Sheikh Mansour (etc, etc, etc) Nahyan wasn't looking for a challenge or a novelty. He's was looking for entry into the most lucrative league in world football and to do so with the most potential for growth. He didn't buy ManU because the ROI wasn't as good long-term (without risking the club, as we're now seeing). If the Chelsea and City models are allowed to stand in the face of FFP there is long-term potential to return significant profit for his investments, so long as the club can sustain success after the initial outlays to establish the brand.

City had a great, modern and sizable venue already complete that would enable sufficient matchday revenues. They had a fairly rabid fan base given their level of history, one which would instantly grow at the thought of being able to contend with their in-town rivals. And Manchester is large enough and wealthy enough that revenue potential was there to be had and any footballer would be acceptable with the destination. All the new owners would have to do is (just as RA did with Chelsea) pay over-the-top (and then some) to convince enough talent to join in the project. First decent starters like Barry and Lescott, and then higher grades like Kompany and Tevez, and then top notch players like Toure and Silva. Eventually the team would be paying top wages for 2-deep at most positions ensuring success, more global exposure, entry into the CL and eventually trophies.

Now, a scant 4 years after the purchase, Abu Dhabi FC at least are poised to maximize their revenues, which will allow them to possibly offer more realistic contracts and still contend for trophies. This wasn't a challenge, it was an eventuality, and if not for FFP necessitating more full investment into the training grounds and "sponsorships" the owners only major expense were the up front player investments to make the brand appeal larger than it truly was.

[Neda Say]

Interesting that this thing went from under construction to proposed!

[skaP187]

Someone with money and interest in this stadium would be smarter to buy Levante, who sureley have debts, but not the amount that Valencia has, pump some money in players and just buy that stadium from Valencia. Who are the actual owners of this can be stadium? Valencia or some banks in need of cash instead of bricks?

[BuffaloHoya]

I suppose I'll ask again: who owns Valencia?

[tommassi]

Originally Posted by BuffaloHoya

I suppose I'll ask again: who owns Valencia?

The main shareholder is Fundación del Valencia, which is a non-profit organization that bought the shares of the club in part with public funding three years ago. IIRC, it's supposed to sell the shares in small packages to retail investors in relatively short time, but there's been trouble with that.

[Neda Say]

Let's be honest and realistic, is there any rich spaniard with enough cash and will to buy the club and the stadium outright and then to fork enough of his cash to finish the stadium then wait for the economy to rebound to get people to flog the stadium so that he can recoup his investment, I doubt it. Maybe a consortium of spanish businessmen could do it but I don't see it happening either.

[tommassi]

Originally Posted by Neda Say

Let's be honest and realistic, is there any rich spaniard with enough cash and will to buy the club and the stadium outright and then to fork enough of his cash to finish the stadium then wait for the economy to rebound to get people to flog the stadium so that he can recoup his investment, I doubt it. Maybe a consortium of spanish businessmen could do it but I don't see it happening either.

They don't need to buy the club AND the stadium. If they buy the club, they're also buying the stadium at the same time.

[Axelferis]

We are in summer and nothing
No works because no money. Someguys told few months ago that it will resume and nothing to date...

[tommassi]

Originally Posted by Axelferis

We are in summer and nothing
No works because no money. Someguys told few months ago that it will resume and nothing to date...

Are we in September yet and I haven't noticed? Because that's when works are supossed to resume.

[Modis]

I think when this stadium will be built it will make tuns of profit for Valencia. host to Champions league final ,concert events, and it could be the home of the spanish football team.The amount of money they puted for this stadium is worth it for the future. If only this would have an opening and closing roof for other events than it would be worlds top class stadia, i really hope the works resume as they said for september.

[skaP187]

Originally Posted by Modis

I think when this stadium will be built it will make tuns of profit for Valencia. host to Champions league final ,concert events, and it could be the home of the spanish football team.The amount of money they puted for this stadium is worth it for the future. If only this would have an opening and closing roof for other events than it would be worlds top class stadia, i really hope the works resume as they said for september.

No roof! wheather is good here.

[bewilder2]

Originally Posted by skaP187

No roof! wheather is good here.

*Weather (I know, the there's and whether's are tough)

Indeed, it is beautiful weather in Valencia practically year-round (even though Summer is a bit hot for me)

[Axelferis]

where are the works now?

[michał_]

Originally Posted by Axelferis

where are the works now?

Well, it seems they're nowhere. And won't start any time soon:

Valencia: Plans to restart works on hold (again)

Financial plan for further works fell apart – EFE press agency reports. Sources in Bankia, the project’s creditor, say requirements outlined by city authorities haven’t been met.

In December last year Newcoval company – established by Bankia Habitat and Aedifica group – announced it will finish works at Nou Mestalla within two years.

However Bankia Habitat informed unofficially already a month ago that their partner in the new initiative didn’t fulfill any of the requirements given by Valencia municipality. Sources in Bankia suggest that Valencia CF president Manuel Llorente was informed about the situation today.

Meanwhile, according to EFE the club still hasn’t received the information of work cancellation.

City Council in turn announces that neither mayor Rita Barbera, nor Jorge Bellver of the Urbanism Department know of the possible termination of the contract. The same sources within Valencia municipality confirm however that all parties made “significant efforts” to save the situation, with no result.

Newcoval is the entity responsible for fulfilling requirements set in contracts. This company bought both Estadio Mestalla (worth €250 million) and Valencia’s Paterna training centre (further €25 million) to enable the club to pay its massive debt that generates €15 million interest per year.

New stadium, the skeleton of which is already standing, is to be opened in the business district, along Cortes Valencianas Ave. Works started 5 years ago, but were brought to a stop in 2009 as Valencia was near bankruptcy. So far the club invested €150 million in the project, but it is estimated finishing would require a similar amount.

http://stadiumdb.com/news/2012/09/va..._on_hold_again

[RMB2007]

From Mikalf on Flickr:



http://www.flickr.com/photos/mikalf/8016135546/

[Zmork]

Nice giant valencian "paellera".