Wednesday, March 27, 2013

West Brom's Hawthorns development wait is supported - expressandstar.com

West Bromwich Albion were today backed inside their choice to think about delaying a development of The Hawthorns in to a 30,000-seater stadium. Baggies leader Mark Jenkins informed the clubas AGM in London that owners still desire to increase the floor, but mentioned no conclusions have yet been made on a timescale. And Neil Reynolds, chairman of small shareholdersa organization S4A, admitted the club had a tough choice to make on when to sanction costly building work. Chairman Jeremy Peace declared in 2011 he prepared to increase volume to over 30,000 within 3 years, but those plans now appear apt to be sent back. And Reynolds, who was certainly one of just five shareholders to go to todayas AGM, said: aI think theyare probably missing a chance since, in the recession, the costs of creating are probably at an all-time low. aHaving said that, I do agree with the clubas posture that we canat bank on completing the floor with casual fans. aWeave only got around 19,000 season ticket holders, including half season passes, and I think the club are to be cautious about extending.a Investors today approved the Baggiesa is the reason the year ending June 2012, which showed a profit of A1.5m on a turnover of A66.7m. The club made an operating loss in A4.6m but that was converted into a gain the sales of Marek Cech, Borja Valero, Ishmael Miller and Scott Carson throughout the financial year. Reynolds added: aIt shows another year of outstanding performance on and off the subject. To steadfastly keep up outstanding economic performance while continuing to improve the playing team reflects great credit on all concerned.a The reports showed that the clubas income was dominated by A49.9m from media offers and sponsorship, including broadcast rights income from Sky TV and an equipment deal with Adidas. Entrance receipts accounted for A7.9m of turnover with A5.6m raised from commercial activities and A2.6m from product sales. West Bromwich Albion were today guaranteed within their decision to consider delaying an extension of The Hawthorns in to a 30,000-seater ground. West Bromwich Albion today revealed that plans to expand The Hawthorns into a 30,000-seater stadium look set to be postponed. West Bromwich Albion No.2 Kevin Keen currently insisted Steven Reidas latest damage drawback will not harm his odds of a long stay at The Hawthorns. West Bromwich Albion keeper Luke Daniels has signed a new contract keeping him at The Hawthorns until 2015. I not have any problems today when it concerns West Brom. We're in safe hands. Albion til I die! Makes perfect sense for all the reasons I posted earlier on the story to this one. What??? you mean "we wont do a Wolves!" oh, okay then ;-)

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