Royal Elm Park

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Pat Butchers Ring
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Re: Royal Elm Park

by Pat Butchers Ring » 13 Aug 2021 23:43

The story here isn’t about what’s happening on the pitch. It’s the investment in the infrastructure to make the area around the stadium generate money. This leads to a more sustainable club. A gravelly old car park or bars/restaurants/event space. I know which I would want to see.

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Hendo
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Re: Royal Elm Park

by Hendo » 14 Aug 2021 09:23

Pat Butchers Ring The story here isn’t about what’s happening on the pitch. It’s the investment in the infrastructure to make the area around the stadium generate money. This leads to a more sustainable club. A gravelly old car park or bars/restaurants/event space. I know which I would want to see.


Whilst that is true, I don’t know how sustainable/viable something like that is with our home attendances.

For instance, the companies there would be losing money hand over fist on a Tuesday night home game to some northern side with an attendance of about 10,000. Totally different ball game when you’re a club as good as Leicester and sell out 30,000 every week.

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tmesis
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Re: Royal Elm Park

by tmesis » 14 Aug 2021 10:03

Hendo
Pat Butchers Ring The story here isn’t about what’s happening on the pitch. It’s the investment in the infrastructure to make the area around the stadium generate money. This leads to a more sustainable club. A gravelly old car park or bars/restaurants/event space. I know which I would want to see.


Whilst that is true, I don’t know how sustainable/viable something like that is with our home attendances.

For instance, the companies there would be losing money hand over fist on a Tuesday night home game to some northern side with an attendance of about 10,000. Totally different ball game when you’re a club as good as Leicester and sell out 30,000 every week.


The same comments was made about the hotel, rather missing the point that it, and these bars etc, are not being built with football fans attending Reading home games being the target market.

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tidus_mi2
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Re: Royal Elm Park

by tidus_mi2 » 14 Aug 2021 11:25

There are plans to also build residential areas so that in turn would subsidise the need for businesses to be built around the area, can only hope when it's eventually done that it's a net benefit for the club.

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PATRIQT
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Re: Royal Elm Park

by PATRIQT » 17 Aug 2021 12:03

tidus_mi2 There are plans to also build residential areas so that in turn would subsidise the need for businesses to be built around the area, can only hope when it's eventually done that it's a net benefit for the club.


I wouldn't hold your breath that it will get done. The Thai's have zero interest in building it. They've been trying to sell the land and the plans for years and no one is interested.

Where do RFC make any money from this if it happens? We sold the land for a pittance. Do we have a % of REP?


3points
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Re: Royal Elm Park

by 3points » 17 Aug 2021 12:59

PATRIQT
tidus_mi2 There are plans to also build residential areas so that in turn would subsidise the need for businesses to be built around the area, can only hope when it's eventually done that it's a net benefit for the club.


I wouldn't hold your breath that it will get done. The Thai's have zero interest in building it. They've been trying to sell the land and the plans for years and no one is interested.

Where do RFC make any money from this if it happens? We sold the land for a pittance. Do we have a % of REP?

the club still owns 24.7% of the shares of RFC Propco Ltd, which is the company which holds the land asset. The directors of RFC Propco are
RODDISON, John
GEICKE, Horst Joachim Franz - who has a directorship with Oxford United
HOWE, Nigel
SRISUMRID, Taweesuk
THANAKARNJANASUTH, Sumrith - also Oxford United

There was something in the RFC accounts a couple of years ago which effectively stated that the Thais had defaulted on a loan which possibly put ownership of the Thais shares into the hands of a lender? The 2019 RFC Propco accounts state the company owed £4.8m to Empire Asset Group pte Ltd, a Singapore based company, which also owned 50.3% of the shares. Therefore, that is probably the Thais holding vehicle. It also owes £1.6m to RFC

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SouthDownsRoyal
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Re: Royal Elm Park

by SouthDownsRoyal » 31 Aug 2021 14:46

loyalroyaldaz



:?:

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RG30
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Re: Royal Elm Park

by RG30 » 14 Apr 2025 18:18

A new operator is being appointed to run the car park next to Reading Football Club.

The site was previously leased to the club for the use of fans on match days and for Park & Ride users. This lease expired in May 2024.

The site owner’s new operator will not take over the running of the car park immediately, the change will be made at the start of the 2025/26 football season.

The decision to appoint a new operator has been made to ensure smooth car park operations are in place for the start of the new season and that no interruptions to access for fans will occur during the 2025/26 campaign.

Fans will still be able to leave their cars in a safe and convenient location during matches and matchday prices for parking will not increase.

A spokesman for the Royal Elm Park Development team said: “We know our car park is the most convenient place for fans to park on match days and we want the transition to the new operator to be as smooth as possible. We are announcing this change as early as we can, so that any wrinkles can be worked out before the start of next season. We know fans will be worried about this change, but we wanted to reassure everyone that we will not be increasing prices as part of this change.

Every RFC fan will know our long-term ambitions for the site, and we see fans as a key part of that. That’s why the new multi-storey car park will be built as phase one of the development. We want fans to be able to easily park at the stadium as easily as possible and will work with fans to ensure that remains the case.”

There is planning permission to develop Royal Elm Park into a mix of commercial and residential areas. The first phase of this will be the construction of a new, secure multi-storey car park including 616 car parking spaces, with 35 accessible spaces, 13 motorbike spaces and 295 bicycle ranks.


https://www.readingchronicle.co.uk/news/25087793.reading-fc-car-park-changes-operator-ahead-development/

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Re: Royal Elm Park

by RFCMod » 14 Apr 2025 18:49

If we still exist when this is built then Christ I'd like to see people departing a multi story after the final whistle
Its bad enough on ground level watching people trying to depart the current car park so departing a multi story would be hilarious


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