Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Aberdeen chairman outlines plans for new stadium move

Wed 22nd Dec 2010 | Football Stadiums & Facilities

Aberdeen Football Club’s chairman Stuart Milne has revealed that the club has no option but to move to a new stadium

Speaking at the club’s AGM the topic of moving to the proposed 21,000-seat stadium at Loriston Loch was top of the agenda.

"We don’t have the option of doing nothing,'' Milne said.

Aberdeen’s current ground and home for more than a century The Pittodrie Stadium is in need of major repair at a cost that would far outweigh any benefits; “This stadium has a limited life and every year we stay here it costs us a lot of money. That’s just going to continue to increase. At some point we have got to make the move.

"If we don't move we won't have a viable club, it's as simple as that."

The Chairman also revealed he was hopeful that the Dons would have moved into their new home in time for the 2013/14 season.

"We hope to get planning consent from the council in February. It will then be called in by the Scottish Office and we would hope for a decision before the break-up of parliament next year, around April.

"We then will go on to the contractor work and the aim would be to have all the funding in place by the first quarter of 2012 with a view to starting the project in the second part of 2012 to have the stadium ready to play in for season 2013-14.

"The estimated cost of the stadium is around £35million and the main funding areas are the sale of Pittodrie, a share issue and a long-term mortgage on the new stadium. We would see that raising £20 million.

“There are other areas, naming right, rental, development money from the other areas and some other things we are working on in the background. Between all of them we can I would hope bring in a further £15million.

"The soccer academy will be £4million and we are looking at alternative ways of raising that money and, by the middle of 2011, we hope to be able to say we can fund that. I can assure no one is under-estimating the scale of the challenge of putting this together and securing the funding for it, especially in the economic conditions prevailing and likely to be prevailing for the next few years.

"That is the challenge we have got. We have to square up to it and there is no option of sitting back and doing nothing."






If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Reading Use Ground-Breaking Sisgrass Technology

Fri 29th Sep 2017 | Football Stadiums & Facilities

The Madejski Stadium becomes first venue with dual-use pitch to experience added durability of SIS Pitches’ advanced hybrid system. Reading FC have become the first UK sports club with a...

Evertonís New Stadium Set To Bring £1bn City Economy Boost

Wed 20th Sep 2017 | Football Stadiums & Facilities

Everton’s proposed new stadium at Bramley Moore Dock will provide a £1bn boost to the local economy according to studies. The latest projections of the economic impact of a major new...

Have Your Say On St George's Park

Tue 12th Sep 2017 | Football Stadiums & Facilities

The Football Association (FA) is looking for your opinion to help improve the offering at St. George’s Park. The FA are committed to improving the offering at their St. George's Park facility...

Clubs called on to install life-saving defibrillators

Fri 25th Aug 2017 | Football Stadiums & Facilities

The FA has joined up with the British Heart Foundation to call on grassroots and amateur football clubs in England to help save more lives from cardiac arrests by installing life-saving...