New Finn Harps Stadium

[Umberside]

Three Questions:

:When is it opening?

:What will happen to Finn Park?

:Is there any pictures of it?

Thanks

[the-blue-harp]

this may help you in your quest for the truth...

http://www.finnharps.com/Stadium.htm

[kev mcq]

Three Questions:

:When is it opening? Never

:What will happen to Finn Park? Nothing

:Is there any pictures of it? Yes

Thanks

IMO. There has been no work done on the site for about 6 months, I don't think it'll ever be built.

[the-blue-harp]

very pessimistic there mr mcq!

[MeathDrog]

this may help you in your quest for the truth...

http://www.finnharps.com/Stadium.htm

It looks in better condition than Finn Park.

[the-blue-harp]

It looks in better condition than Finn Park.

paint those red containers blue and its a dead ringer...

your one to chat, i was saw united park on tg4 on friday night, its not that far off finn park!!

[dcfc1928]

Seriously though, I was in Ballybofey today, no sign of any progress. I know the economic climate may have affected the developer but has it stopped progress on the stadium, I sincerely hope it hasn't and Finn Harps get their new ground asap. If true six months is a long time for there to be no work carried out.

[Sam_Heggy]

While our club is indeed a total and utter shambles, the Stadium is going to be completed. Problems is, as the stadium is Grant funded, the developer will not continue until he gets his first down payment which is still not released by the government.

I think the plan is to have it open for the 2012 season, it was to be a hell of alot earlier but if the funding is going to be delayed so much everytime then that will seriously slow down developments.

Finn Park will be handed over to the developer after "New Finn Park" is completed. He plans to build apartments or some such on the site.

The stadium will be completed, the only question is whether there will be a club or not by completion when the current dictarors are through with it.

[brianw82]

While our club is indeed a total and utter shambles, the Stadium is going to be completed. Problems is, as the stadium is Grant funded, the developer will not continue until he gets his first down payment which is still not released by the government.

I think the plan is to have it open for the 2012 season, it was to be a hell of alot earlier but if the funding is going to be delayed so much everytime then that will seriously slow down developments.

Finn Park will be handed over to the developer after "New Finn Park" is completed. He plans to build apartments or some such on the site.

The stadium will be completed, the only question is whether there will be a club or not by completion when the current dictarors are through with it.

And that's exactly what has the country in the state it's in. Apartment blocks/shopping centres in pokey wee towns like Balleybofey that nobody wants or needs.

[dcfcsteve]

While our club is indeed a total and utter shambles, the Stadium is going to be completed. Problems is, as the stadium is Grant funded, the developer will not continue until he gets his first down payment which is still not released by the government.

I think the plan is to have it open for the 2012 season, it was to be a hell of alot earlier but if the funding is going to be delayed so much everytime then that will seriously slow down developments.

Finn Park will be handed over to the developer after "New Finn Park" is completed. He plans to build apartments or some such on the site.

The stadium will be completed, the only question is whether there will be a club or not by completion when the current dictarors are through with it.

From reading your own words here Sam, I wouldn't be anywhere near as optimistic as you are that there will be a stadium.

Firstly - as you say, it's dependent upon grant funding which hasn't come through yet. Given the state of the country, I wouldn't expect to receive a penny of funding until it hits the bank account.

Secondly - as you state, the project is dependent upon the developer building and selling new properties on the old stadium site. As we all know, the Irish property market is fcuked at the moment, and there's no indication as to when it will improve. Any scheme dependent upon the sale of unbuilt property - doubtless using income figures calculated back in the days before the boom went fully bust - should be viewed with scepticism.

Thirdly - you state 2012 as a completion time-scale. That is a hugely long time-span for something as simple as building a small stadium that already has planning permission, site clearance etc. The longer the project drags on the more exposed the developer is etc etc etc.

So even from reading what you yourself have said, I can't see why you can be anywhere near so confident that the stadium will be built.

On the club itself - do they own the stadium ? If so - if the club goes, what would happen to the site ?

[Dillonman]

Is that not a swimming pool in those pictures?!

[Sam_Heggy]

From reading your own words here Sam, I wouldn't be anywhere near as optimistic as you are that there will be a stadium.

Firstly - as you say, it's dependent upon grant funding which hasn't come through yet. Given the state of the country, I wouldn't expect to receive a penny of funding until it hits the bank account.

Secondly - as you state, the project is dependent upon the developer building and selling new properties on the old stadium site. As we all know, the Irish property market is fcuked at the moment, and there's no indication as to when it will improve. Any scheme dependent upon the sale of unbuilt property - doubtless using income figures calculated back in the days before the boom went fully bust - should be viewed with scepticism.

Thirdly - you state 2012 as a completion time-scale. That is a hugely long time-span for something as simple as building a small stadium that already has planning permission, site clearance etc. The longer the project drags on the more exposed the developer is etc etc etc.

So even from reading what you yourself have said, I can't see why you can be anywhere near so confident that the stadium will be built.

On the club itself - do they own the stadium ? If so - if the club goes, what would happen to the site ?

To be perfectly honest, unless we have radical changes at our club none of your first 4 points will be in anyway relevent very shortly.

The last point, Harps own the ground (it was signed over by the trustee's but it's complicated).

[Sam_Heggy]

Is that not a swimming pool in those pictures?!

Amazing observation, someone must have put up pictures of a swimming pool rather than a building site, crazy stuff.

[peadar1987]

Amazing observation, someone must have put up pictures of a swimming pool rather than a building site, crazy stuff.

Frankly, I'm amazed nobody noticed this earlier!

[dcfcsteve]

To be perfectly honest, unless we have radical changes at our club none of your first 4 points will be in anyway relevent very shortly.

The last point, Harps own the ground (it was signed over by the trustee's but it's complicated).

That was my point Sam.

If Harps own the current stadium and their future is financially uncertain, then there may not even be a stadium to do a land-swap for (as I'm sure you grasp anyway). Even if there was, I personally wouldn't put a lot of faith in the new stadium, based purely on what you've said here yourself.

[CuanaD]

And that's exactly what has the country in the state it's in. Apartment blocks/shopping centres in pokey wee towns like Balleybofey that nobody wants or needs.

But, if the developer can't get his hands on the land till 2012, then the appartments probably won't be built till 2014 - & they should be needed by then

[dcfcsteve]

But, if the developer can't get his hands on the land till 2012, then the appartments probably won't be built till 2014 - & they should be needed by then

Firstly - from your model, if the properties won't be built until 2014, where does the developer get the millions needed in the meantime to a build a new stadium and then build new properties ?

Secondly - a large chunk of the Irish property boom of the last 10 years was pure bubble. Borrowed money chasing properties to make a short-term capital gain, because other people with borrowed money were chasing those same properties a year or two down the line to make a short-term capital gain, because other people with borrowed money..... . A self-feeding mechanism based on readily available cheap credit, wild optimism regarding a rainbow of prices, and a fundamental lack of understanding of the cyclical nature of markets.

That situation will most definitely not be replicated again anywhere near 2014 People aren't queuing up to live in Ballybofey, and certainly not at the prices that the original calculations for flats at Finn Park were most probably computed on. Meanwhile, the steady growth in the country's population that helped to underpin some of the property market growth has ground to a halt, emigration has begun again, and credit has completely dried up.

So no - there won't be a need for these properties in 2014. It's arguable if there ever was a need for them when they were first planned anyway.

[the-blue-harp]

the grant money builds the stadium not the developers money.

[Umberside]

the grant money builds the stadium not the developers money.

Either way it's unlikely you'll get it unfortunately

[dcfcsteve]

the grant money builds the stadium not the developers money.

Apologies - I stand corrected.

So - which part of the technically bankrupt government finances is the grant being supplied from....?