Sydney Stadium Plan

HaroldBishop

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Would love this to happen just to see Alan Jones's head explode.

Labor will force the SCG Trust to repay a maximum $644 million loan to proceed with the upgrade of the Sydney Football Stadium at Moore Park, if elected at the end of the month.

In information obtained by the Herald, the Parliamentary Budget Office has told the NSW ALP the SCG Trust can repay the loan over 35 years with reduced payments for the first five years. It’s understood the total value of the loan is $644 million with $40 million in interest.

“We don’t want to see it knocked down, but if the Liberal Party goes ahead then the cost of rebuilding it will be borne by the Trust and not the taxpayer.” Mr Daley said.

https://www.smh.com.au/national/nsw...loan-for-stadium-upgrade-20190228-p5110d.html
 

HaroldBishop

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The ALP to sack the SCG Trust, which includes Alan Jones, if they win the next election.

Please let this happen.
 

Gards

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40 million in interest payments over the life time of a $600 mil, 35 year loan - I wish the banks gave us with those sorta rates

Would be like having a home loan of $500,000 and only paying $30k in total interest opposed to about double the principle
 

HaroldBishop

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40 million in interest payments over the life time of a $600 mil, 35 year loan - I wish the banks gave us with those sorta rates

Would be like having a home loan of $500,000 and only paying $30k in total interest opposed to about double the principle

I know but the Trust will not be expecting to pay any of it back, arrogant ****s.

Love how they say a stadium that's only 30 years old has fallen into such a state of disrepair, well what the **** have you dicks been doing during this time?
 

HaroldBishop

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Retards.

The state government offered Lendlease the contract to rebuild Sydney Football Stadium before the detailed designs were finalised, in a move experts say was "really unusual" and could have triggered the construction company's shock exit from the project.

Sports Minister John Sidoti on Friday announced Lendlease would not be constructing the new stadium because it was unable to complete the $729 million project within budget.

https://www.smh.com.au/national/nsw...ered-before-final-design-20190729-p52bt9.html
 

Mark^Bastard

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They obviously wanted it done so quick so a change in government wouldn't derail it.

Why the **** would anyone think that's okay? If the people vote differently, too bad?
 

HaroldBishop

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They obviously wanted it done so quick so a change in government wouldn't derail it.

Why the **** would anyone think that's okay? If the people vote differently, too bad?

It will most likely go over budget now. Meanwhile, Alan Jones and his mates are laughing.

Makes me sick.
 

Mark^Bastard

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It will most likely go over budget now. Meanwhile, Alan Jones and his mates are laughing.

Makes me sick.

Imagine if Labor ended up winning and this happened.

I wish it did and they just scrapped the project with the current SFS in ruins. That would be hilarious.

They should just build a good stadium in a good location FFS.
 

HaroldBishop

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Imagine if Labor ended up winning and this happened.

I wish it did and they just scrapped the project with the current SFS in ruins. That would be hilarious.

They should just build a good stadium in a good location FFS.

Yep. I'd rather they spend double and build it near/over central station to be honest.
 

HaroldBishop

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Yeah they really should build the best rectangular stadium in the southern hemisphere there. No excuses.

Far more people would go. Imagine being able to get a train to Central, where all train lines go to, and get from the station to the ground seamlessly within a couple of minutes.
 

slide rule

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Imagine if Labor ended up winning and this happened.

I wish it did and they just scrapped the project with the current SFS in ruins. That would be hilarious.

They should just build a good stadium in a good location FFS.

That would have been Labor's fault for going over budget.

The whole thing stinks.
 
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Yep. I'd rather they spend double and build it near/over central station to be honest.

Yep I say this all the time too. Big stadium over prince alfred park or whatever it is next to the station. Would be an incredible location.
 

Mark^Bastard

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Yeah just a quick glance at Sydney has these possible places:
- Belmore Park adjacent central to the north
- Prince Alfred Park adjacent central to the south
- Options around / above Redfern station
- Even Redfern Oval would be better than SFS.
- The actual CBD has some options but unlikely.

I would say building over Prince Alfred Park + half over the train tracks would be the best outcome. Should be a 90,000 seat square stadium too. The fact they're building two large ones at the same time but both are going to be severely flawed is just criminal.
 

snowman

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if they wanted to build above the station that would be incredible, but the land you mentioned is protected

i highly doubt they will knock down buildings and dig up infrastructure for a stadium
 
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