Kroenke buys LA stadium plot

As we're unlikely to see terraces again at football, this is the virtual equivalent where you can chat to your hearts content about all football matters and, obviously, Arsenal in particular. This forum encourages all Gooners to visit and contribute so please keep it respectful, clean and topical.
User avatar
Dan_85
Posts: 8607
Joined: Sun Mar 01, 2009 12:09 am
Location: London

Re: Kroenke buys LA stadium plot

Post by Dan_85 »


User avatar
SteveO 35
Posts: 22149
Joined: Sun May 11, 2008 7:01 pm
Location: Abou's fan club

Re: Kroenke buys LA stadium plot

Post by SteveO 35 »

All I saw was the embedded headline half way down the page

"Arsenal to consider signing Ashley Cole at the end of the season"

I guess now Chelsea have had his best years we'll be back in the hunt !

User avatar
DB10GOONER
Posts: 62208
Joined: Tue Jan 16, 2007 2:06 pm
Location: Dublin, Ireland.
Contact:

Re: Kroenke buys LA stadium plot

Post by DB10GOONER »

SteveO 35 wrote:
All I saw was the embedded headline half way down the page

"Arsenal to consider signing Ashley Cole at the end of the season"

I guess now Chelsea have had his best years we'll be back in the hunt !
I don't know about the hunt, but what he is certainly rhymes with hunt. :evil: :censored:

clockender1
Posts: 6257
Joined: Wed Nov 15, 2006 5:53 pm

Re: Kroenke buys LA stadium plot

Post by clockender1 »

told ya so .....

http://www.dailymail.co.uk/news/article ... -team.html
Billionaire developer and St. Louis Rams owner Stan Kroenke announced plans Monday for an 80,000-seat stadium in Inglewood, California
i wonder how he's going to finance it ? - LA confirms, NO taxpayers money will come from the City...

we all obviously hope by selling his Arsene PLC stake to Usmanov, but i think he'll mortgage our cash flows if he can.

the outcome depends on the terms of the bonds that the club re-fi'd in 2013, which effectively securitise our ticket receipts.

without selling the ground, i don't see how he can mortgage us any more.

so to sum up - this is either very good (he's going to have to sell up) or very bad ( he's going to mortgage the ground, and if the LA NFL projects goes tits up, we go under).

:shock:

User avatar
SteveO 35
Posts: 22149
Joined: Sun May 11, 2008 7:01 pm
Location: Abou's fan club

Re: Kroenke buys LA stadium plot

Post by SteveO 35 »

clockender1 wrote:told ya so .....

http://www.dailymail.co.uk/news/article ... -team.html
Billionaire developer and St. Louis Rams owner Stan Kroenke announced plans Monday for an 80,000-seat stadium in Inglewood, California
i wonder how he's going to finance it ? - LA confirms, NO taxpayers money will come from the City...

we all obviously hope by selling his Arsene PLC stake to Usmanov, but i think he'll mortgage our cash flows if he can.

the outcome depends on the terms of the bonds that the club re-fi'd in 2013, which effectively securitise our ticket receipts.

without selling the ground, i don't see how he can mortgage us any more.

so to sum up - this is either very good (he's going to have to sell up) or very bad ( he's going to mortgage the ground, and if the LA NFL projects goes tits up, we go under).

:shock:
I bet I know where the £3m deposit came from

User avatar
Chippy
Posts: 9480
Joined: Mon Oct 01, 2007 12:09 pm
Location: A town called malice.

Re: Kroenke buys LA stadium plot

Post by Chippy »

No idea why you think the only way he can finance it is by using the Arsenal. The man has countless investments and contacts. He must have dozens of options. He could sell his wig collection......

clockender1
Posts: 6257
Joined: Wed Nov 15, 2006 5:53 pm

Re: Kroenke buys LA stadium plot

Post by clockender1 »

the entire complex is going to cost $1.35 billion. just the stadium will be $800million.

i'm sure the three million was used by KSE to ahem, 'smooth' any planning or zoning difficulties....

its a huge question about where will he get the finances from - Arsene PLC represent 25% of his wealth, the rapids aren't worth shit, nor the avalanche, the City is not putting anything in, and his new partners have a total net worth of $280million - including the land adjacent thats going to be part of the Dev.

unless he's going to sell part of his Wal Mart stake, i think he has to mortgage our ground or sell outright.

:rubchin:

clockender1
Posts: 6257
Joined: Wed Nov 15, 2006 5:53 pm

Re: Kroenke buys LA stadium plot

Post by clockender1 »

Chippy wrote:No idea why you think the only way he can finance it is by using the Arsenal. The man has countless investments and contacts. He must have dozens of options. He could sell his wig collection......
due to the size Chippy - we are 25% of his net worth.

if they break ground before the end of 2015, their first receipts will be in summer 2018 - ponying up 1.35billion three years in advance requires security.

Arsene PLC were lent 260million quid based on a guaranteed % of ticket receipts up to 2028.

anyone who lends wiggy say 500-600 million, is going to want the same security - that is IF he can find $800million in CASH.

User avatar
Perryashburtongroves
Posts: 16096
Joined: Thu May 03, 2007 6:18 pm
Location: At the start of a glorious era.

Re: Kroenke buys LA stadium plot

Post by Perryashburtongroves »

I saw one of the Colorado Rapids teams at Heathrow airport yesterday whilst waiting for a plane. I wanted to ask them to tell Kroenke to fuck off out of The Arsenal but had to control myself as I was with my daughter.

robbo10
Posts: 3473
Joined: Sat Nov 03, 2012 2:43 pm

Re: Kroenke buys LA stadium plot

Post by robbo10 »

QuartzGooner wrote:Are we going back to Woolwich? :shock:
You probably wouldn't want to....

robbo10
Posts: 3473
Joined: Sat Nov 03, 2012 2:43 pm

Re: Kroenke buys LA stadium plot

Post by robbo10 »

SteveO 35 wrote:Denver Nuggets - 4th in a group of 5 in the NBA Western Conference
Colorado Rapids - 5th in a league of 9 in the MLS Western Conference
Colorado Avalanche - 3rd in a group of 7 in the NHL Western Conference
Colorado Mammoth - bottom in a group of 4 in the NLL West
St Louis Rams - finished bottom in a group of 4 in the NFC West

We are truly blessed to have such a wonderful owner. But why would we want to let "Jabba" in when we've got the man to realise all our dreams eh?

FUCK OFF KROENKE
4th place trophies in abundance both sides of the pond, :roll: :oops:

User avatar
OneBardGooner
Posts: 48306
Joined: Sat Apr 04, 2009 9:41 am
Location: Close To The Edge

Re: Kroenke buys LA stadium plot

Post by OneBardGooner »

Says it all.


:banghead: :cussing: :box: :banghead: :censored: :box: :cussing: :box: :censored: :banghead: :box: :banghead:

Riotof91
Posts: 150
Joined: Sun Apr 27, 2014 3:17 pm

Re: Kroenke buys LA stadium plot

Post by Riotof91 »

clockender1 wrote:the entire complex is going to cost $1.35 billion. just the stadium will be $800million.

i'm sure the three million was used by KSE to ahem, 'smooth' any planning or zoning difficulties....

its a huge question about where will he get the finances from - Arsene PLC represent 25% of his wealth, the rapids aren't worth shit, nor the avalanche, the City is not putting anything in, and his new partners have a total net worth of $280million - including the land adjacent thats going to be part of the Dev.

unless he's going to sell part of his Wal Mart stake, i think he has to mortgage our ground or sell outright.

:rubchin:
It's possible that he sells to someone just like him, or even worse. So selling his Arsenal shares won't necessarily be very good for the club.

User avatar
northbank123
Posts: 12436
Joined: Fri Jun 01, 2012 12:05 am
Location: Newcastle

Re: Kroenke buys LA stadium plot

Post by northbank123 »

SteveO could we have another rant about Stan? Always brightens my day to see somebody else as filled with vile hatred as me

User avatar
Herd
Posts: 6386
Joined: Thu Oct 26, 2006 9:00 am

Re: Kroenke buys LA stadium plot

Post by Herd »

clockender1 wrote:
augie wrote:That relocation to LA will be fought tooth and nail in the US - the nfl is trying to expand by introducing new NFL franchises and LA was one of it's target areas so moving an existing franchise to LA doesnt aid that policy at all
i dunno about that - they also want a 4th team in socal along with the niners, Raiders and Chargers; and the Rams were the LA Rams originally.

the NFL is as bent as FIFA allegedly. :|
Er the 49 ers are in San Fransisco Raiders are in Oakland both are ,Nocal not Socal Which in essence is LA down to San Diego , The Chargers are currently the only ones in SOCAL although the Rams and The Raiders have both spent time in LA and Anaheim.

Problem is the stadiums , UCLA play @ the Rose Bowl in Pasedena and USC @ the aging Colosseum neither best suited for the corporate fest the NFL grounds have become !

It makes sense to have a franchise there but LA people are fickle !

Post Reply