Actual announcement

[ausfatcat]

I presume the announcement will be on SEN can some post a summary please, it would be appreciated.

[Oh When the Saints]

$10m deal - gymnasiums, altitude rooms, offices, locker rooms etc.

Pictures of planned building - two storey quite a grand looking structure, but could possibly host games down at Frankston in 10-15 years

Press conference about to commence in 10 mins or so

St Kilda not putting much money into the deal - mostly Frankston and State government

Robert Harvey to lead an "I love Frankston" parade through the city on the weekend, and the council and city are really happy at the moment with getting the Saints there.

More to come - Matt Thompson SEN.

[Go Sretnias Go]

Carn't you listen to SEN and then post a report for our attention.

Incidently, I'm amused by your avatar - are you really a highly paid, underworked member of our esteemed Public Service? If you are, you certainly have the time to report to us, not us to you, for it is you who is the "fatcat".

[Go Sretnias Go]

I presume the announcement will be on SEN can some post a summary please, it would be appreciated.

Arn't you able to listen to SEN and provide us with a report.?
I am amused by your avatar and assume you are one of our esteemed highly paid underworked public servants and if so, you should be reporting to us, not us to you.

[saintsRrising]

$10m deal - gymnasiums, altitude rooms, offices, locker rooms etc.

Pictures of planned building - two storey quite a grand looking structure, but could possibly host games down at Frankston in 10-15 years

Press conference about to commence in 10 mins or so

St Kilda not putting much money into the deal - mostly Frankston and State government

Robert Harvey to lead an "I love Frankston" parade through the city on the weekend, and the council and city are really happy at the moment with getting the Saints there.

More to come - Matt Thompson SEN.

Yep that was basically it.

There was no live cross......justa reporter summarisng....which OWTS has reflected.


The part about games at Frankston though was purely the reporter speculating .....

[ausfatcat]

I presume the announcement will be on SEN can some post a summary please, it would be appreciated.

Arn't you able to listen to SEN and provide us with a report.?
I am amused by your avatar and assume you are one of our esteemed highly paid underworked public servants and if so, you should be reporting to us, not us to you.

lol I wish I was highly paid (only get 400g's a year ), can't listen to SEN via internet this morning as I have tried since ten and it wont work for me.

[Oh When the Saints]

Don't worry, I'm standing by to update you ...

That's what I get paid for as a mod

[Go Sretnias Go]

OWTS, your not a fatcat mod are you - anyway thanks for your services.

[saintsRrising]

Just said on SEN that Archie had said..

*Should be ready by START of 2010 season..

*Pokies to stay at Moorabbin..

[Go Sretnias Go]

Was there any word spoken regarding sponsorships?

[Oh When the Saints]

Was there any word spoken regarding sponsorships?

As I said in the other thread, they would be crazy to announce sponsorship at the same time as this - it would get lost with all the focus on Frankston.

I'm sure they will announce the sponsorship stuff once the air has cleared re: this move (in a couple of weeks).

[chook23]

Training facility and admin at Frankston.

Social Club and pokies to remain at Moorabbin

?????

Have I got this wrong?

Seems a strange set up

[Go Sretnias Go]

In the short term Chook, the Club must maintain the Pokies and therefore the Social Club at Moorabbin. The alternative is, surrender the Pokies licence and walk away thus closing the Social Club - that would certainly please those idiots that call themseves Councillors at Kingston, particularly the prick that lives just near the ground who is everything ante StKFC.

It is obviously the Clubs's ultimate plan to re-establish the Social Club elsewhere, say a Pub which already has Pokies. Until that Pub is located, it is only viable for the Moorabbin facility to continue for the cash flow it produces.

[ausfatcat]

Training facility and admin at Frankston.

Social Club and pokies to remain at Moorabbin

?????

Have I got this wrong?

Seems a strange set up

that would be right. And probably looking into the future to open anther pokies/social club in frankston down the track but that would be dependant on other clubs closing down to get there pokies. We have a lease at moorabbin for anther 15years? and the pokies there bring in 1 million a year revenue for us so why lose them?

[ausfatcat]

http://www.saints.com.au/Season2007/New ... wsId=53412

[ausfatcat]

http://www.saints.com.au/Portals/0/sain ... _SHEET.pdf


fact sheet'


things to note

reduced input from St Kilda, greater input by the State govy, and input from Frankston (kingston was going to put more inbut that was towards tearing down stands).

apparently we get the land as a freehold

partnership with the dolphins in co using facilities. Hmmmmmmm

[n1ck]

which means?

[Otiman]

http://www.saints.com.au/Portals/0/sain ... _SHEET.pdf


fact sheet'

Clickable link of above.

http://tinyurl.com/3c8kyp

[ausfatcat]

basically we own it with conditions, ie can't sell it to anyone but Frankston council must do these programs ect

[ausfatcat]

(Freehold is defined as: 'The highest form of estate in land, and the nearest the law allows a real property owner to approach complete ownership. A freehold estate is one which is of unlimited duration, that is to say, it cannot be said of an estate of freehold at the time of its creation when it will come to an end.'1)

If the business is operated from a freehold owned by the vendor, vendors should decide whether it would be advantageous to include or exclude the freehold from the sale. A sale for the business only (not including the freehold) will make it more affordable and therefore attractive to more buyers. Retention of the freehold by the vendor may also provide a retirement income stream (rental income).

However, there may be circumstances where the freehold from which the business is operated is the key selling feature and separating it from the whole offering could be detrimental. Prospective purchasers may not really be interested in the business but the actual freehold premises. Whether the freehold remains as part of the business sale is something that freehold owners should decide before putting the business up for sale.

(1. Source: Real Estate Institute of Australia)


from business victoria's website

[Oh When the Saints]

ST KILDA FOOTBALL CLUB TRAINING AND
ADMINISTRATION CENTRE DEVELOPMENT -
FACTS SHEET
Location:
Frankston Oval - Cnr Bay Street South and Plowman Place
Local Council:
Frankston City Council
Total Project Value:
$10.25M
Funding Contributions:
St Kilda Football Club - $1.25m
State Government - $3.45m
Australian Football League - $2.55m
Frankston City Council - $3.00m
Total $10.25m

Proposed Redevelopment / Works details:
· The project will include the development of the following facilities:

o State of the art elite football training facility, including club:
 Locker and change areas;
 Large gymnasium and indoor training areas;
 Strength and conditioning facilities;
 An Altitude Room;
 Video analysis facilities;
 Medical, testing and rehabilitation facilities.

o New administration facilities for the Club including:
 Office and meeting space for staff; and
 Membership and Merchandise area.

o A range of Club and community use facilities including:
 Specialised rehabilitation pool;
 Indoor multipurpose sports hall;
 Meeting rooms; and
 Lecture theatre.

Key Club Outcomes:
· The development will provide a range of key outcomes for the St
Kilda Football Club, including:
o State of the art facilities for the club including training and
medical amenities, locker/change rooms, dedicated football
administration offices and treatment rooms.
o Improved viability through improved revenue opportunities
and reduction in ongoing operating costs.
o Attainment of freehold land for the Club in Plowman Place;
o Improved engagement with local community, City of
Frankston and local businesses.

Key Community Outcomes:
· The development will provide a range of community benefits including
access to facilities and programs, including:
Facilities
o A lecture theatre;
o meeting rooms and breakout areas
o A multi purpose sports hall, for use by the local schools,
clubs and local basketball associations;
o Hydrotherapy pool/aquatic rehabilitation facilities.
Programs
o Development of school programs including school holiday
programs;
o Partnerships with the VIS and local based elite athletes;
o Partnership with Frankston Dolphins by providing access to
the gym and assisting with ongoing viability;
o Development of a Community Partnership Program
between St Kilda Football Club and Frankston City Council,
which will include:
 An Ambassador Program;
 Establishment of a Community Safety Management
Group to address;
· Graffiti Management
· Drug and alcohol issues.
o Access to key St Kilda Football Club executives to support
business development and tourism initiatives; and
o Provides national exposure to Frankston and supports the
Transit City program.