[quote=“Custodian post=238239 userid=974”]Since a number of EFFC junior clubs are in those local government areas perhaps they could also kick in $100000 each to go to the EF redevelopment!!
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Gees Custo - the State gov put in $20 Million to your debacle didn’t they? Only $10 million into our Stand.
Letters of advocacy are just words on paper (or an email) and aren’t a commitment to a financial contribution to help towards the significant shortfall in funding.
Perth needs a new facility, so does SF, SD and too be frank S and EP are probably due for an upgrade again to meet the changing needs of WAFL and WAFLW footy. The financial reality is that clubs and local councils can’t afford to fund these facilities on their own so will always depend on State and Federal funding.
The notion that surrounding councils should contribute towards the redevelopment of a WAFL club is unrealistic. Councils face enough issues prioritising project funding within their areas and compete with other councils for state and federal government funding. Councils are often faced with significant backlash from their rate payer and residents on how money is spent within their own boundaries. Imagine the uproar that they would face if the took money out of the annual budget to fund another councils facility - there’s not a single councillor in Perth that would light that fire.
Its the state and federal governments role to provide the extra funding for facilities such as WAFL clubs that provide benefit to so many participants and spectators from outside of the local council area. Perth has been offered significant funding from all 3 levels of government and yet a $5m shortfall still exists. And here is the problem that all of these projects face - how to provide a fit for purpose facility within the available budget.
For Perth they have a few options:
How does the gym at Tigerland work Tiger? I understand they run it as a business - but do the Tigers get periods where they get private access. Maybe not needed if players just to get free membership. Also do you rent out space to the coffee shop - where you own the building.
If Perth see they could get a revenue stream going maybe they could contribute a Million. No use having a Fund if we don’t occasionally spend some of it. Yes I know we would have to be very careful - but it is worth a look
[quote=“Time For a Flag post=238242 userid=1037”]How does the gym at Tigerland work Tiger? I understand they run it as a business - but do the Tigers get periods where they get private access. Maybe not needed if players just to get free membership. Also do you rent out space to the coffee shop - where you own the building.
If Perth see they could get a revenue stream going maybe they could contribute a Million. No use having a Fund if we don’t occasionally spend some of it. Yes I know we would have to be very careful - but it is worth a look
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From what I understand Revo, the cafe and Physio all pay a sub-lease to CFC. The players have access to a club gym within the footy facility, unsure if they get access to Revo as part of Revo’s sponsorship or lease agreement or if players require a Revo membership. Foodies next door sponsors but I don’t believe we receive any sub-lease income as its in a separate building.
In our old facility Aspire Fitness leased space from the football club so its not a new arrangement or income source though it is an increased income stream. Claremont took out a significant loan, which we may have now paid off to ensure we contributed to the project and were able to get what we needed.
The state govt contributed $2m to the facility just for the undercover carpark which during the week is linked to the Transperth park and ride. The big win for the council and state government has been the revenue from stamp duty and land rates which has already paid back the governments initial investment into the footy facility - more than double and will keep providing local and state government ongoing future revenue
From what I understand Revo, the cafe and Physio all pay a sub-lease to CFC. The players have access to a club gym within the footy facility, unsure if they get access to Revo as part of Revo’s sponsorship or lease agreement or if players require a Revo membership. Foodies next door sponsors but I don’t believe we receive any sub-lease income as its in a separate building.
In our old facility Aspire Fitness leased space from the football club so its not a new arrangement or income source though it is an increased income stream. Claremont took out a significant loan, which we may have now paid off to ensure we contributed to the project and were able to get what we needed.
The state govt contributed $2m to the facility just for the undercover carpark which during the week is linked to the Transperth park and ride. The big win for the council and state government has been the revenue from stamp duty and land rates which has already paid back the governments initial investment into the footy facility - more than double and will keep providing local and state government ongoing future revenue
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Bloody brilliant.
As our stand going to the north of the current - why couldn’t we allow the Council to sell off this parcel of land where the old girl sits to a similar appropriate development application (Revo and coffee shop).
Would be sold for a nominal amount but with proviso of building an appropriate facility that fits in with the new Perth stand.
Or maybe sell it off for the $3.7million we are short for the new build. The buyer owns it and pays no sublease to the PFC but the council gets their money and regular rates.
Our current lease is 30 years so they can’t do this until then without our ok.
As you say the rates would come back to the council beautifully over time. Nominal amount for purchase and rates to the council and a sublease to be paid to the PFC. Or $3.7 million purchase rates to the council and no sublease to the PFC.
Mad if they don’t.
I think there may be talk about fitting the wagyl in somewhere - but as the Wirrapunda foundation already close by maybe some arrangement could be made.
It does sound like your council saw the big picture - not sure ours does!
This should be discussed at high levels
Liberal State govt at the time with Liberal dominated council…not sure if the Council saw the big picture or if they got told what the big picture was!
The State government has been stepping in on redevelopment projects all over Perth and telling councils that projects will go ahead and not get caught up in red tape or by the NIMBY brigade or Greenies trying to save a tree or two.
Lets look at the similarities of the Perth project and Claremont’s:
[list]
[]Both facilities well past their used by date with massive maintenance costs
[]Walking distance to train station that has limited carparking available
[]Huge amount of land surrounding the oval that could be redeveloped - Perth reduced now that West Coast have settled in but still land available
[list]
[]Current Grandstand demolished and redeveloped to include
[list]
[]Transperth multilevel under ground carpark
[]Mixed Commercial Tenancy space/s at street level - large and small spaces
[]Apartments to 5 storeys built above (similar height of current stand?)
[/list]
[]Behind the goals on McCartney Cres develop a mix of 2-4 story townhouses and apartments with some small commercial tenancies at street level
[/list]
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Council sells the land for market value of the 2 newly rezoned mixed use parcels of land ~ 10,000sqm in total. Revenue helps fund the PFC redevelopment with PFC receiving a once off payment from the sale of the land to developer. Given that mean house prices in Lathlain are now $1m and 2 bed apartments are $400k+, it would be reasonable to expect the undeveloped land to go for well over $10m.
PFC buys commercial tenancies off the plan from developer to ensure ongoing revenue stream for the club providing financial security.
Council receives ongoing rates revenue and state govt collects stamp duty revenue for eternity
Maybe stipulate that a ‘lifestyle village’ is portion of the redevelopment and DD can move his old grumpy ass in
[quote=“Tiger Tales post=238246 userid=2522”]Council sells the land for market value of the 2 newly rezoned mixed use parcels of land ~ 10,000sqm in total. Revenue helps fund the PFC redevelopment with PFC receiving a once off payment from the sale of the land to developer. Given that mean house prices in Lathlain are now $1m and 2 bed apartments are $400k+, it would be reasonable to expect the undeveloped land to go for well over $10m.
PFC buys commercial tenancies off the plan from developer to ensure ongoing revenue stream for the club providing financial security.
Council receives ongoing rates revenue and state govt collects stamp duty revenue for eternity
Maybe stipulate that a ‘lifestyle village’ is portion of the redevelopment and DD can move his old grumpy ass in
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Give Barra a call Tiger and help get this done
I was under the impression WCE had their eye on the space for a development to cater for one of their foundations.
Not sure.
As for the “fund” TFAF, you won’t get your hands on that.
That is under a Trust for a specific purpose.
From what I understand Revo, the cafe and Physio all pay a sub-lease to CFC. The players have access to a club gym within the footy facility, unsure if they get access to Revo as part of Revo’s sponsorship or lease agreement or if players require a Revo membership. Foodies next door sponsors but I don’t believe we receive any sub-lease income as its in a separate building.
In our old facility Aspire Fitness leased space from the football club so its not a new arrangement or income source though it is an increased income stream. Claremont took out a significant loan, which we may have now paid off to ensure we contributed to the project and were able to get what we needed.
The state govt contributed $2m to the facility just for the undercover carpark which during the week is linked to the Transperth park and ride. The big win for the council and state government has been the revenue from stamp duty and land rates which has already paid back the governments initial investment into the footy facility - more than double and will keep providing local and state government ongoing future revenue
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Mate I have been a member of Revo Claremont Gym since it opened, Claremont players mainly colts definitely use the facility, I think they get access via the club.
Revo just went through a major refit and upgrade due to its popularity.
[quote=“Demons Forever post=238252 userid=981”]I was under the impression WCE had their eye on the space for a development to cater for one of their foundations.
Not sure.
As for the “fund” TFAF, you won’t get your hands on that.
That is under a Trust for a specific purpose.
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If the Eagles have got the rights on that land where the current stand sits - we have been hoodwinked. No good.
DF - I obviously appreciate all the work people have done to start and manage the FUND you talk about, I am happy to make a yearly donation to the same but can you tell me what is the specific purpose that the funds are to be used for?
Also can some Demons on here give some of their ideas about what we can do as members/supporters to get us to the next level - not just on field but off (A new stand - best in the league would have a big bearing on this).
$1.3 Billion up on the budget estimates. This reported in The West today 27th September. Surly they can come up with $4 Million to get this Stand up and running. Might help with Gather Round too.
[quote=“Time For a Flag post=238257 userid=1037”]$1.3 Billion up on the budget estimates. This reported in The West today 27th September. Surly they can come up with $4 Million to get this Stand up and running. Might help with Gather Round too.
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Where in the West have you read this?
The final operating surplus figure of $4.5 billion for 2023‑24 was $1.3 billion higher than the estimated actual in the 2024‑25 Budget, due to higher than expected revenue (up $872 million or 1.9 per cent) mainly due to higher iron ore royalties, transfer duty and sales of goods and services, partly offset by delayed Commonwealth funding for transport infrastructure, and lower than expected expenses (down $456 million or 1.1 per cent) largely reflecting changes in the timing of expenditure.
This is how to do a 2nd tier footy ground
TFAF, that information has been shared on here many times before.
It can only be used to save the Club from what people are saying EF maybe facing.
Extinction.
Any earnings from the fund may be used in certain circumstances.
I am not privy to the terms of the Trust Deed.
But the Trustees may be able to give you more information.
If you are concerned about it try asking Peter Gilkinson or Richard Camm.
It currently sits at over $600k I believe and is the best thing that supporters of the Club have ever done.
Thanks to the vision of people like the late Dr Brian Lawrence and the late Vince Pendal and other visionaries at a very vulnerable time of our existence.
Remember we have made only one minor loss in the past 24 years.
We are actually a very strong well-run Club; however, it is time for us to transpose that on-field.
Few changes on the team list. Avery gone, which is bad news. I won’t mind if he goes East, but it would be pretty poor to go to a rival club after we gave him a chance to play league that he thought he wouldn’t get at Claremont. Jaiden Hunter on the list as number 6, with the luckless Dellamarta taking 44. Let’s hope both those players can get a good run fitness wise.
[quote=“Ted Nugent post=238273 userid=2770”]Few changes on the team list. Avery gone, which is bad news. I won’t mind if he goes East, but it would be pretty poor to go to a rival club after we gave him a chance to play league that he thought he wouldn’t get at Claremont. Jaiden Hunter on the list as number 6, with the luckless Dellamarta taking 44. Let’s hope both those players can get a good run fitness wise.
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Super excited to see Jaiden Hunter back. If he can get his body right then look out with him and Clarke on the lead. Good to see Paton back on the list. Came to us from WP last year but suffered a couple of injuries. I think he didn’t play this year due to work. Lots of potential in him.
Long list of No 99’s usually means they are gone. As you said Avery one of them. But I see Regan Hill one of them. Left due to receiving a WACA contract. Thompson and Chaplin gone home.
Going to be a lot more changes to this list before the first bounce next year.
Good to see Deklyn Grocott back. Newick??
Why the question mark on Newick. He is named on the list.