Golden Generation and East Mains/New Stand

**InterviewLoI** · 24-10-2013 07:39 PM

Hey guys. I'm doing a project for my economics class about investments in football. I was just wondering, how involved were the transfer fees we received for Riordan, brown etc in paying for East Mains?

Thanks a lot,
Donagh

**NadeAteMyLunch!** · 24-10-2013 08:34 PM

Someone will be along in a minute who isn't just guessing, however in the meantime, I would say significantly

**bighairyfaeleith** · 24-10-2013 08:35 PM

Originally Posted by InterviewLoI

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Hey guys. I'm doing a project for my economics class about investments in football. I was just wondering, how involved were the transfer fees we received for Riordan, brown etc in paying for East Mains?

Thanks a lot,
Donagh

Not an expert by any means but my recollection was that the transfer fees from Brown and whittaker pretty much paid for it, obviously some of the players that went before like o'connor allowed us to clear debt and get to a position where we could think about spending money on such a thing.

As far as I'm aware east mains is paid for, so no mortgage, therefore had to be funded by transfer fees. Someone who actually knows though will be along shortly

**Unseen work** · 24-10-2013 08:41 PM

I'm sure it's roughly
Brown 4.4 million
Thomson 2 million
Whittikar 2 million
Murphy 1.6 million
Oconnor 1.6 million
Riordan 160k

Then pretty sure most of them gave their signing on fees aswell back to the youth development

***cabbageandribs1875*** · 24-10-2013 08:46 PM

Originally Posted by Unseen work

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I'm sure it's roughly
Brown 4.4 million
Thomson 2 million
Whittikar 2 million
Murphy 1.6 million
Oconnor 1.6 million
Riordan 160k

Then pretty sure most of them gave their signing on fees aswell back to the youth development

i'm positive fletcher 'donated' as well, as for the list above...broonaldo and Go'c certainly did, and considering the way thomson left i would be quite surprised if he 'donated' anything, couldn't get to the bank with all those cuts on the soles of his feet

not too sure re: Deeks as well, same with murphs ? whitts ?

**Kaff** · 24-10-2013 09:07 PM

Originally Posted by bighairyfaeleith

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Not an expert by any means but my recollection was that the transfer fees from Brown and whittaker pretty much paid for it, obviously some of the players that went before like o'connor allowed us to clear debt and get to a position where we could think about spending money on such a thing.

As far as I'm aware east mains is paid for, so no mortgage, therefore had to be funded by transfer fees. Someone who actually knows though will be along shortly

As well as the obvious income from transfer fees the crowds that their entertaining football drew in were probably a major reason for the rebuild. They showed that with the right product on the park a 20k stadium could be useful, hopefully those days aren't too far away again

**~~connerg~~** · 24-10-2013 09:25 PM

Originally Posted by Unseen work

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I'm sure it's roughly
Brown 4.4 million
Thomson 2 million
Whittikar 2 million
Murphy 1.6 million
Oconnor 1.6 million
Riordan 160k

Then pretty sure most of them gave their signing on fees aswell back to the youth development

Add to that list,

Miller £2 million
Sproule £500k
De la Cruz £1.5 million
Laursen £1.2 million

**bighairyfaeleith** · 24-10-2013 09:29 PM

Originally Posted by connerg

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Add to that list,

Miller £2 million
Sproule £500k
De la Cruz £1.5 million
Laursen £1.2 million

It's amazing how little we have sold recently looking at these lists

**GreenOnions** · 24-10-2013 09:47 PM

I think the east stand building work commenced at the start of 2010.

It's probably not strictly like this but, as Steven Fletcher was sold in mid/late 2009 for around £3m (with maybe up to £2m paid up front IIRC with the second installment a year later), it's more likely that it was this cash that facilitated the re-build of the East.

It would have been nowhere near as expensive to build as the West Stand as it is simply a shell with seats in it. The directors did make the rather sensible decision not to make it pink though - which most will agree is a blessing

**rcarter1** · 25-10-2013 05:48 AM

Originally Posted by bighairyfaeleith

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It's amazing how little we have sold recently looking at these lists

Its been the big flaw in Mr Petries plan for world domination. Assuming a conveyor belt of youth (but having no idea as to how to actually ensure that it happens), and insisting on a wage structure that virtually precludes getting a valuable saleable asset now and again (a la DeLa Cruz, Laursen, Murphy). If ever someone rested on their laurels it is RP post building stadium/East Mains.

**The Falcon** · 25-10-2013 06:56 AM

Originally Posted by rcarter1

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Its been the big flaw in Mr Petries plan for world domination. Assuming a conveyor belt of youth (but having no idea as to how to actually ensure that it happens), and insisting on a wage structure that virtually precludes getting a valuable saleable asset now and again (a la DeLa Cruz, Laursen, Murphy). If ever someone rested on their laurels it is RP post building stadium/East Mains.

De Graff, O'Brien, Makalambay ?

**bighairyfaeleith** · 25-10-2013 07:00 AM

Originally Posted by The Falcon

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De Graff, O'Brien, Makalambay ?

De Graff, yes, how is he getting in at Real Madrid. Now that was a box to box midfielder.

***The Modfather*** · 25-10-2013 07:02 AM

Originally Posted by rcarter1

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Its been the big flaw in Mr Petries plan for world domination. Assuming a conveyor belt of youth (but having no idea as to how to actually ensure that it happens), and insisting on a wage structure that virtually precludes getting a valuable saleable asset now and again (a la DeLa Cruz, Laursen, Murphy). If ever someone rested on their laurels it is RP post building stadium/East Mains.

If we didn't have Petrie we would have a chairman like Romanov and go the way of Hearts. That's the only other alternative to Petrie, it must be true as I've read it on here from some of the more hysterical posters when the subject comes up.

Still, we have a "5 year plan" so nothing to concern ourselves with...