New stand development

[paperboy]

Our new stand is likely to be almost as big as their entire ground

The difference is, they have planning permission to build their new ground while our new stand is little more than a wet dream on a fan's forum.

I think ASL's post is probably the most realistic.

[Robin]

At the moment yes but we likely have significant investment on the horizon which will fund it for us so we are not too far behind.

[Artemis]

At the moment yes but we likely have significant investment on the horizon which will fund it for us so we are not too far behind.

We are seeking significant investment. Its by no means guaranteed to happen, and timing may be years away. So for me "On the horizon" is stretching things a bit far.

[Robin]

Granted it's not guaranteed but how many people expected 8 different parties to show an interest and six to progress to this stage? I'd be very hopeful we will find it from the current process.

In terms of timing I would hope something will conclude in 2025.

[ctfc-fan]

There’s a long way to go yet and lots of due diligence, and how many people have that sort of liquidity to just pump into a team that doesn’t own its ground?

[horlickfanclub]

Any sensible future Board member would be looking to buy the ground and the Council will sell any asset they have. Cheltenham Town also have a huge asset in the training ground that ,unless protcected by covenant, could be allocated to be built on while the current Government is in power

Beware the asset stripper.

[ctfc-fan]

Any sensible future Board member would be looking to buy the ground and the Council will sell any asset they have. Cheltenham Town also have a huge asset in the training ground that ,unless protcected by covenant, could be allocated to be built on while the current Government is in power

Beware the asset stripper.

The council are actively trying to purchase land actually for various amenities.

[Ihearye]

Any sensible future Board member would be looking to buy the ground and the Council will sell any asset they have. Cheltenham Town also have a huge asset in the training ground that ,unless protcected by covenant, could be allocated to be built on while the current Government is in power

Beware the asset stripper.

The council are actively trying to purchase land actually for various amenities.

Oh good. Hope they use ir for more cycle lanes, like the one up evesham road. They have a rare skill in money wasting

[ctfc-fan]

Any sensible future Board member would be looking to buy the ground and the Council will sell any asset they have. Cheltenham Town also have a huge asset in the training ground that ,unless protcected by covenant, could be allocated to be built on while the current Government is in power

Beware the asset stripper.

The council are actively trying to purchase land actually for various amenities.

Oh good. Hope they use ir for more cycle lanes, like the one up evesham road. They have a rare skill in money wasting

No. It’s for amenities as I said.

[Robin]

There’s a long way to go yet and lots of due diligence, and how many people have that sort of liquidity to just pump into a team that doesn’t own its ground?

I agree still a long way to go but I'd be hopeful we hear more (i.e. down to 2-3 parties) before the end of the season as this phase is likely to take months.

In terms of liquidity even with the purchase I'm not expecting all the money upfront, presumably the conditions will stipulate any investors have to underwrite a new stand which we know costs £10-12 million but those costs won't largely be upfront and instead in chunks i.e. Cakebridge place/car park land purchase, demolition costs, builder costs spread out over 2-3 years if we go full steam ahead.

[Robin]

Any sensible future Board member would be looking to buy the ground and the Council will sell any asset they have. Cheltenham Town also have a huge asset in the training ground that ,unless protcected by covenant, could be allocated to be built on while the current Government is in power

Beware the asset stripper.

I'm not sure we need to buy the ground only some of the land around Cakebridge and Parklands. Instead I see it more as a nice to have as we have a long lease, peppercorn rent and good relationship with council. In fact with a new main stand hopefully coming the council could actually become potential tenants depending upon design.

Regarding asset strippers, would the ROI be there to invest £10-20million into the club only to then sell the training ground for housing? I understood that Seasons is also partially green belt land so again I don't see this as a big threat.

[Robin]

The council are actively trying to purchase land actually for various amenities.

Oh good. Hope they use ir for more cycle lanes, like the one up evesham road. They have a rare skill in money wasting

No. It’s for amenities as I said.

If we can purchase the Parklands land from them, invest in the community centre and maybe build a small astro turf pitch as well as develop a fan zone surely and maybe a walk way to Cakebridge place surely that's a win for all parties?

[ctfc-fan]

Any sensible future Board member would be looking to buy the ground and the Council will sell any asset they have. Cheltenham Town also have a huge asset in the training ground that ,unless protcected by covenant, could be allocated to be built on while the current Government is in power

Beware the asset stripper.

I'm not sure we need to buy the ground only some of the land around Cakebridge and Parklands. Instead I see it more as a nice to have as we have a long lease, peppercorn rent and good relationship with council. In fact with a new main stand hopefully coming the council could actually become potential tenants depending upon design.

Regarding asset strippers, would the ROI be there to invest £10-20million into the club only to then sell the training ground for housing? I understood that Seasons is also partially green belt land so again I don't see this as a big threat.

Because of Labour, the council are having to re-write the plan for green belt around Cheltenham so the trining ground could in fact become development land.

[Ihearye]

I am sure you could get a decent sized prison on it. The public gets what the public wants

[horlickfanclub]

The council are actively trying to purchase land actually for various amenities.

Oh good. Hope they use ir for more cycle lanes, like the one up evesham road. They have a rare skill in money wasting

No. It’s for amenities as I said.

They are closing the "Civic Amenity Site" . Selling off the public toilet amenities, the Council offices and car parks.They also are have to review assets and sell at commercial prices as part of their obligation .i.e. the car park at Prestbury. Any purchases for amenities is news to me.I look forward to reading about it.

[horlickfanclub]

Any sensible future Board member would be looking to buy the ground and the Council will sell any asset they have. Cheltenham Town also have a huge asset in the training ground that ,unless protcected by covenant, could be allocated to be built on while the current Government is in power

Beware the asset stripper.

I'm not sure we need to buy the ground only some of the land around Cakebridge and Parklands. Instead I see it more as a nice to have as we have a long lease, peppercorn rent and good relationship with council. In fact with a new main stand hopefully coming the council could actually become potential tenants depending upon design.

Regarding asset strippers, would the ROI be there to invest £10-20million into the club only to then sell the training ground for housing? I understood that Seasons is also partially green belt land so again I don't see this as a big threat.

Would you invest millions building a house on land you do not own Robin?

[Ihearye]

Oh good. Hope they use ir for more cycle lanes, like the one up evesham road. They have a rare skill in money wasting

No. It’s for amenities as I said.

They are closing the "Civic Amenity Site" . Selling off the public toilet amenities, the Council offices and car parks.They also are have to review assets and sell at commercial prices as part of their obligation .i.e. the car park at Prestbury. Any purchases for amenities is news to me.I look forward to reading about it.

So true, yet they dip into the capital program funds, for white elephants like the new cycle paths, which are barely used, as most seem to prefer the surface on the Evesham Road. They couldn't run a bath, never mind oversee the sale of Whaddon Road or any adjacent land, that would in any way give us preferential treatment.

[ctfc-fan]

Oh good. Hope they use ir for more cycle lanes, like the one up evesham road. They have a rare skill in money wasting

No. It’s for amenities as I said.

They are closing the "Civic Amenity Site" . Selling off the public toilet amenities, the Council offices and car parks.They also are have to review assets and sell at commercial prices as part of their obligation .i.e. the car park at Prestbury. Any purchases for amenities is news to me.I look forward to reading about it.

Those amenities aren’t viable though, the Prestbury car park was so small it couldn’t be used for anything else, same with the toilets. The Swindon Road tip isn’t viable when you have Wingmoor Farm available not 5-10 minutes away.

[horlickfanclub]

No. It’s for amenities as I said.

They are closing the "Civic Amenity Site" . Selling off the public toilet amenities, the Council offices and car parks.They also are have to review assets and sell at commercial prices as part of their obligation .i.e. the car park at Prestbury. Any purchases for amenities is news to me.I look forward to reading about it.

Those amenities aren’t viable though, the Prestbury car park was so small it couldn’t be used for anything else, same with the toilets. The Swindon Road tip isn’t viable when you have Wingmoor Farm available not 5-10 minutes away.

The car park was viable as were the toilets ,if you can judge viability as being used many times a day. Far more viable than plastic porta loos only seen during race week. The Civic Amenity Site is viable in a town with a declared climate emergency and if you can get to Wingmoor Farm in less than ten minutes you must have a helicopter.
Back to football, the Council would have a duty to explore selling Whaddon Road which was my original point. It is a good time to buy.

[Robin]

Any sensible future Board member would be looking to buy the ground and the Council will sell any asset they have. Cheltenham Town also have a huge asset in the training ground that ,unless protcected by covenant, could be allocated to be built on while the current Government is in power

Beware the asset stripper.

I'm not sure we need to buy the ground only some of the land around Cakebridge and Parklands. Instead I see it more as a nice to have as we have a long lease, peppercorn rent and good relationship with council. In fact with a new main stand hopefully coming the council could actually become potential tenants depending upon design.

Regarding asset strippers, would the ROI be there to invest £10-20million into the club only to then sell the training ground for housing? I understood that Seasons is also partially green belt land so again I don't see this as a big threat.

Would you invest millions building a house on land you do not own Robin?

Smaller scale but Simon Keswick did just that when he funded the away end redevelopment twenty years ago, just as those before did when they built the mainstand. I'm not suggesting new owners wouldn't want to own the land but more I don't see it as a priority as it's low risk/low cost and investment elsewhere generates a much better return.

[Robin]

No. It’s for amenities as I said.

They are closing the "Civic Amenity Site" . Selling off the public toilet amenities, the Council offices and car parks.They also are have to review assets and sell at commercial prices as part of their obligation .i.e. the car park at Prestbury. Any purchases for amenities is news to me.I look forward to reading about it.

So true, yet they dip into the capital program funds, for white elephants like the new cycle paths, which are barely used, as most seem to prefer the surface on the Evesham Road. They couldn't run a bath, never mind oversee the sale of Whaddon Road or any adjacent land, that would in any way give us preferential treatment.

Look at the new park and ride down on golden valley, another huge white elephant which probably cost millions and hardly going to be used.

[RegencyCheltenhamSpa]

No. It’s for amenities as I said.

They are closing the "Civic Amenity Site" . Selling off the public toilet amenities, the Council offices and car parks.They also are have to review assets and sell at commercial prices as part of their obligation .i.e. the car park at Prestbury. Any purchases for amenities is news to me.I look forward to reading about it.

So true, yet they dip into the capital program funds, for white elephants like the new cycle paths, which are barely used, as most seem to prefer the surface on the Evesham Road. They couldn't run a bath, never mind oversee the sale of Whaddon Road or any adjacent land, that would in any way give us preferential treatment.

That cycle path is funded by ring-fenced DfT funding announced years ago. If Council’s didn’t spend it on the intended active travel infrastructure it was taken away from them, so obviously pretty much every council given an allocation spent it.

[Ihearye]

No. It’s for amenities as I said.

They are closing the "Civic Amenity Site" . Selling off the public toilet amenities, the Council offices and car parks.They also are have to review assets and sell at commercial prices as part of their obligation .i.e. the car park at Prestbury. Any purchases for amenities is news to me.I look forward to reading about it.

Those amenities aren’t viable though, the Prestbury car park was so small it couldn’t be used for anything else, same with the toilets. The Swindon Road tip isn’t viable when you have Wingmoor Farm available not 5-10 minutes away.

Would be interested to hear you deginition of not viable as far as Swindonrd is concerned, as you cant be basing it on usage. But as the previous post they are selling anything not tied down but i would guess there coukd well be higher bidders than us

[ctfc-fan]

They are closing the "Civic Amenity Site" . Selling off the public toilet amenities, the Council offices and car parks.They also are have to review assets and sell at commercial prices as part of their obligation .i.e. the car park at Prestbury. Any purchases for amenities is news to me.I look forward to reading about it.

So true, yet they dip into the capital program funds, for white elephants like the new cycle paths, which are barely used, as most seem to prefer the surface on the Evesham Road. They couldn't run a bath, never mind oversee the sale of Whaddon Road or any adjacent land, that would in any way give us preferential treatment.

Look at the new park and ride down on golden valley, another huge white elephant which probably cost millions and hardly going to be used.

It’s been built ready for the cyber area so will be used heavily.

[ctfc-fan]

They are closing the "Civic Amenity Site" . Selling off the public toilet amenities, the Council offices and car parks.They also are have to review assets and sell at commercial prices as part of their obligation .i.e. the car park at Prestbury. Any purchases for amenities is news to me.I look forward to reading about it.

Those amenities aren’t viable though, the Prestbury car park was so small it couldn’t be used for anything else, same with the toilets. The Swindon Road tip isn’t viable when you have Wingmoor Farm available not 5-10 minutes away.

Would be interested to hear you deginition of not viable as far as Swindonrd is concerned, as you cant be basing it on usage. But as the previous post they are selling anything not tied down but i would guess there coukd well be higher bidders than us

Swindon Road can only take certain items and the cost to run it outweighs the benefits. Neither Gloucester or Tewkesbury have smaller waste sites. Things are more efficient in one place.

[ctfc-fan]

They are closing the "Civic Amenity Site" . Selling off the public toilet amenities, the Council offices and car parks.They also are have to review assets and sell at commercial prices as part of their obligation .i.e. the car park at Prestbury. Any purchases for amenities is news to me.I look forward to reading about it.

Those amenities aren’t viable though, the Prestbury car park was so small it couldn’t be used for anything else, same with the toilets. The Swindon Road tip isn’t viable when you have Wingmoor Farm available not 5-10 minutes away.

The car park was viable as were the toilets ,if you can judge viability as being used many times a day. Far more viable than plastic porta loos only seen during race week. The Civic Amenity Site is viable in a town with a declared climate emergency and if you can get to Wingmoor Farm in less than ten minutes you must have a helicopter.
Back to football, the Council would have a duty to explore selling Whaddon Road which was my original point. It is a good time to buy.

But the racecourse pay for the toilets I believe so nothing to do with council funds.

[Jerry St Clair]

They are closing the "Civic Amenity Site" . Selling off the public toilet amenities, the Council offices and car parks.They also are have to review assets and sell at commercial prices as part of their obligation .i.e. the car park at Prestbury. Any purchases for amenities is news to me.I look forward to reading about it.

So true, yet they dip into the capital program funds, for white elephants like the new cycle paths, which are barely used, as most seem to prefer the surface on the Evesham Road. They couldn't run a bath, never mind oversee the sale of Whaddon Road or any adjacent land, that would in any way give us preferential treatment.

That cycle path is funded by ring-fenced DfT funding announced years ago. If Council’s didn’t spend it on the intended active travel infrastructure it was taken away from them, so obviously pretty much every council given an allocation spent it.

Yes, and there is no cycling infrastructure linking to it. It's like building a bridge over a river with no connecting roads and wondering why it's not used.

Also, it is part of the Gloucestershire cycle spine running from Stroud to Bishop's Cleeve. I expect the section to Cleeve to be very popular. Evesham Road is dangerous for cyclists and it is only 3 or 4 miles from Cleeve into Cheltenham. There is demand for this section.

[Robin]

Do you not regard Cleeve as just an area of Cheltenham then Jerry? I know it's oddly counted under the Tewkesbury borough council but I've also seen it as just a suburb of Cheltenham since I was young.

[ctfc-fan]

Do you not regard Cleeve as just an area of Cheltenham then Jerry? I know it's oddly counted under the Tewkesbury borough council but I've also seen it as just a suburb of Cheltenham since I was young.

Half of Leckhampton is Tewkesbury too which is worse

[Jerry St Clair]

Do you not regard Cleeve as just an area of Cheltenham then Jerry? I know it's oddly counted under the Tewkesbury borough council but I've also seen it as just a suburb of Cheltenham since I was young.

I don't really have an opinion on that. And I don't think how you perceive the status of Cleeve makes any difference to the point I was making about the cycle path (which, admittedly, is a long way from the point of this thread!).

[Robin]

Very true It just caught my attention when you mentioned the cycle path going from Stroud to Cleeve (not Cheltenham)

[paperboy]

They are closing the "Civic Amenity Site" . Selling off the public toilet amenities, the Council offices and car parks.They also are have to review assets and sell at commercial prices as part of their obligation .i.e. the car park at Prestbury. Any purchases for amenities is news to me.I look forward to reading about it.

So true, yet they dip into the capital program funds, for white elephants like the new cycle paths, which are barely used, as most seem to prefer the surface on the Evesham Road. They couldn't run a bath, never mind oversee the sale of Whaddon Road or any adjacent land, that would in any way give us preferential treatment.

Look at the new park and ride down on golden valley, another huge white elephant which probably cost millions and hardly going to be used.

Veering further off topic.....

National Express to operate from new Cheltenham transport hub

https://www.gloucestershirelive.co.uk/n ... 00-9788560

[horlickfanclub]

Those amenities aren’t viable though, the Prestbury car park was so small it couldn’t be used for anything else, same with the toilets. The Swindon Road tip isn’t viable when you have Wingmoor Farm available not 5-10 minutes away.

Would be interested to hear you deginition of not viable as far as Swindonrd is concerned, as you cant be basing it on usage. But as the previous post they are selling anything not tied down but i would guess there coukd well be higher bidders than us

Swindon Road can only take certain items and the cost to run it outweighs the benefits. Neither Gloucester or Tewkesbury have smaller waste sites. Things are more efficient in one place.

No evidence of a Council cost benefit analysis on this or public consultation.

[Ihearye]

Would be interested to hear you deginition of not viable as far as Swindonrd is concerned, as you cant be basing it on usage. But as the previous post they are selling anything not tied down but i would guess there coukd well be higher bidders than us

Swindon Road can only take certain items and the cost to run it outweighs the benefits. Neither Gloucester or Tewkesbury have smaller waste sites. Things are more efficient in one place.

No evidence of a Council cost benefit analysis on this or public consultation.

The shock is, that you would be expecting one

[Ihearye]

Those amenities aren’t viable though, the Prestbury car park was so small it couldn’t be used for anything else, same with the toilets. The Swindon Road tip isn’t viable when you have Wingmoor Farm available not 5-10 minutes away.

Would be interested to hear you deginition of not viable as far as Swindonrd is concerned, as you cant be basing it on usage. But as the previous post they are selling anything not tied down but i would guess there coukd well be higher bidders than us

Swindon Road can only take certain items and the cost to run it outweighs the benefits. Neither Gloucester or Tewkesbury have smaller waste sites. Things are more efficient in one place.

i.e. in Tewkesbury