Arena dilapidation costs - £12.9m over next 3 years (2 Viewers)

[Brighton Sky Blue]

Also should point out the fan theory was £20m of repairs, which isn’t quite what this says which is £13m of repairs and upgrades. People were talking like we were in a Birmingham situation not that the casino had an old boiler and we need to install a hearing loop.

Correct it’s obviously not derelict. But the ground isn’t even 20 years old and Wasps neglected it by basically ignoring all maintenance.

 

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[skyblu3sk]

Been open 15 years though as a unique building you'd expect it's also around 10% of construction value which again doesn't surprise me.

 

[MalcSB]

Also should point out the fan theory was £20m of repairs, which isn’t quite what this says which is £13m of repairs and upgrades. People were talking like we were in a Birmingham situation not that the casino had an old boiler and we need to install a hearing loop.

The first rumour I heard was £13m, got hyped from there.

 

[SkyblueDad]

£12.9 million over three years isn’t unsurmountable and I doubt it’s a shock to the buyer, it still makes the total bill for the Arena a fraction less than £30 million cheap imo. they will make sure it’s safe for the rest of the season then crack on and get it sorted.

 

[Londonccfcfan]

Not sure how these will work, but rumoured dilapidation costs were not just rumours.

Fucking consultants rip buildings apart to justify their jobs. Work with them everyday in central london. (I'm a Chartered Engineer and work in Insurance).
Alot of these are nice to have. They say everything has a life of 15/20 years for spare parts etc.
This makes it looks alot worse than it is. These are worst case scenarios. And alot of the the things like the lifts etc can and will easily last another 15 years.

You wanna see the dilapidated stadiums we been to following city around the country.

 

[skybluetony176]

Can’t say I’m totally shocked. Most elements of any installation has a design life and in my experience it’s typically 20 years (give or take) so a major refurbishment of the things we wouldn’t really notice like fire alarms etc was always going to be on the cards around now. Couple that with Wasps not having the money to maintain it fully with all the debt they were trying to service meaning routine maintenance such as the things we do notice such as leaking roofs, shabby paintwork etc wasn’t getting done.

So basically a lot of the major costs were always going to be on the card’s around now simply because things were coming naturally to the end of their design life and clearly they were behind on general maintenance too, assume cash flow related.

The interesting thing for me is what if the council had have bailed them out of their financial mess. Wasp’s still wouldn’t have had the money to pay for these repairs so would they have been straight back to the council cap in hand again?

It’s pretty clear that there was no other option but for ACL to change hands and whoever was taking it on needed deep pockets.

 

[Deleted member 5849]

Fucking consultants rip buildings apart to justify their jobs. Work with them everyday in central london. (I'm a Chartered Engineer and work in Insurance).
Alot of these are nice to have. They say everything has a life of 15/20 years for spare parts etc.
This makes it looks alot worse than it is. These are worst case scenarios. And alot of the the things like the lifts etc can and will easily last another 15 years.

You wanna see the dilapidated stadiums we been to following city around the country.

Yeah, usually hate the house analogies but it is like a buildings survey. They'll obviously find everything wrong, you have to weed out the important stuff from the stuff you'd never notice usually to get the true practical cost of repairs.

 

[SkyblueDad]

It will also be what are the future plans for the Arena multi-sports is my guess lots of options there indoor and out door such as Ladies football the biggest growth sport at the moment probably in the world let alone here.

 

[Sky Blue Pete]

Fucking consultants rip buildings apart to justify their jobs. Work with them everyday in central london. (I'm a Chartered Engineer and work in Insurance).
Alot of these are nice to have. They say everything has a life of 15/20 years for spare parts etc.
This makes it looks alot worse than it is. These are worst case scenarios. And alot of the the things like the lifts etc can and will easily last another 15 years.

You wanna see the dilapidated stadiums we been to following city around the country.

Went to Solihull moors last night with my lad for a ref thing. The arena is fabulous was so excited for him to progress

 

[tisza]

Been open 15 years though as a unique building you'd expect it's also around 10% of construction value which again doesn't surprise me.

actually just over 20% of construction value. Project value was 120m ish - stadium build & furb around 59m.

 

[skyblu3sk]

actually just over 20% of construction value. Project value was 120m ish - stadium build & furb around 59m.

I was talking overall project cost. You can't ignore the cost of getting out of the ground. It would be 20% of the rebuild cost.

 

[Nick]

Interesting that document wasn't available to bidders.

 

[Brylowes]

£12.9 million over three years isn’t unsurmountable and I doubt it’s a shock to the buyer, it still makes the total bill for the Arena a fraction less than £30 million cheap imo. they will make sure it’s safe for the rest of the season then crack on and get it sorted.

Certainly won’t be a shock to Ashley, they spent the last 2 weeks or so completing due diligence didn’t they.

 

[wingy]

Correct it’s obviously not derelict. But the ground isn’t even 20 years old and Wasps neglected it by basically ignoring all maintenance.

What do you think we'd have done about it in league two.
Come on stay rational.

 

[clint van damme]

Fucking consultants rip buildings apart to justify their jobs. Work with them everyday in central london. (I'm a Chartered Engineer and work in Insurance).
Alot of these are nice to have. They say everything has a life of 15/20 years for spare parts etc.
This makes it looks alot worse than it is. These are worst case scenarios. And alot of the the things like the lifts etc can and will easily last another 15 years.

You wanna see the dilapidated stadiums we been to following city around the country.

I had some dealings with dilapidation in my old job. More to do with returning a leased buildings to their original state. The costs in the initial reports were always eye watering and the work always got completed for a lot less.

 

[Grendel]

I’m sure the WMCA will look to help Mr Ashley

 

[Ashdown]

Fucking consultants rip buildings apart to justify their jobs. Work with them everyday in central london. (I'm a Chartered Engineer and work in Insurance).
Alot of these are nice to have. They say everything has a life of 15/20 years for spare parts etc.
This makes it looks alot worse than it is. These are worst case scenarios. And alot of the the things like the lifts etc can and will easily last another 15 years.

You wanna see the dilapidated stadiums we been to following city around the country.

Absolutely, total over reaction by jobs worths and health and safety Nazis

 

[shmmeee]

Interesting that document wasn't available to bidders.

Do you make a survey available to everyone who bids on your house?

(I mean that should be law, but it’s not)

 

[SBT]

Where did these documents come from?

 

[Londonccfcfan]

Absolutely, total over reaction by jobs worths and health and safety Nazis

You wonder how Lutons Kenilworth Road gets a safety certificate. Its a hazard getting to your seat never mind trying sitting in it. So many trip hazards even in the aisles.

Took about 10 mins to get out single file. I wonder what their fire evacuation procedure is?
Congregate on the pitch.

 

[Brylowes]

You wonder how Lutons Kenilworth Road gets a safety certificate. Its a hazard getting to your seat never mind trying sitting in it. So many trip hazards even in the aisles.

Took about 10 mins to get out single file. I wonder what their fire evacuation procedure is?
Congregate on the pitch.

So that’s what Millwall were up to all those years ago, it was a fire drill.

 

[Nick]

Where did these documents come from?

Administrators

 

[shmmeee]

What’s Girpi piping?

 

[shmmeee]

Administrators

Not a bidders due dil then? Bit weird.

 

[Bugsy]

What’s Girpi piping?

GIRPI is a French manufacturer of piping systems produced from synthetic materials, used in place of copper and steel for domestic hot and cold potable wate, low temperature heating, chilled water, air conditioning, technical drainage and rainwater recovery networks.

 

[MalcSB]

Do you make a survey available to everyone who bids on your house?

(I mean that should be law, but it’s not)

You do in France, whole purchase system far better there,

 

[Brylowes]

There was talk about this £13million repairs weeks ago I think, when the news first broke about Wasps going under, can’t remember where I heard it but it was on here.

 

[Deleted member 5849]

Do you make a survey available to everyone who bids on your house?

(I mean that should be law, but it’s not)

"SISU move club to Scotland"

 

[Senior Vick from Alicante]

Can’t smoke in the Arena!

Marlon King asked her on a date?

 

[robbiethemole]

Item 35: sewerage cost £120k, maybe Hill should be sent the invoice for this? Hahaha

 

[hutch1972]

Whatever the coat of the supposed repair bill, it appears we have dodged a bullet , imo

 

[SW-Sky Blues]

Yeah assuming this is due dil based it’ll be trying to find absolutely everything possible to knock the price down £225k for more speakers because you can’t hear them everywhere for example. Or lots of “upgrade this sign”.


On another note @Nick the photo viewing experience is totally fucked on mobile since yesterdays update.

Speakers are vital due to safety.

 

[shmmeee]

Speakers are vital due to safety.

And yet the stadium has been running for 17 years and classed as safe.

 

[Grendel]

And yet the stadium has been running for 17 years and classed as safe.

I’m assuming this is an internal RAG chart prioritising work to be done isn’t it?

 

[shmmeee]

I’m assuming this is an internal RAG chart prioritising work to be done isn’t it?

Yeah I’d guess so. the idea it needs £13m tomorrow or is going to be shut down is a bit wide of the mark is all. Looks more like a few mill is needed and most of the rest is stuff that will be replaced over time as it wears out.