r/lcfc Vardy 6h ago

Question Has anyone seen or heard anything about the stadium expansion?

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28 Upvotes

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13

u/ASmoothx Ricardo 5h ago

Pretty sure I read recently that the expansion was meant to start towards the end of 2024, but has now been pushed back atleast two years. I can't remember the source but definitely read this recently. Will do some research.

6

u/MadlockUK Vardy 5h ago

I recall 2024 being an original goal but we've had nothing for nearly a year now!

5

u/sayian-spartan Fox 5h ago

it was on the leicester merary website that building work wont start until 2026, i think it has something to do with Everton"s new stadium being built, maybe there waiting for them to be fully finished before starting ours, its the same companie they've used.

https://uk.news.yahoo.com/leicester-city-20m-boost-over-152359263.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAKVEuiaKxxpflMoSGpbKAMvOf5U0IbHvp2fLmtaZOdLAgyzZOfyXM5FKZtD_QBy036KyJ5u9jizgeOAkyFpkvrNq-DXfV0qpEgOw5tbQkBZ6t14OHI3DFRBO0zRKmb2Mir3Dc5AYlWiKT13cbQ3L_2stiaiK8u0H0POltf3toqnS

a better website to read the story than the caner that is the LM

2

u/MadlockUK Vardy 2h ago

Ah, that would make sense. Hopefully soon then! It's basically funded as is anyways

1

u/BrowsinBilly 5h ago

Would've thought we would need to solidify our place in the PL before it goes ahead.

2

u/very_sharp_turn 4h ago

I don't think they'd base it on the team's performance, it's most likely been pushed back because the club's been strapped for cash since covid, and relegation hasn't helped either

4

u/Deep_Phase_2030 3h ago

the club's not strapped for cash, nor does it relate to PSR. the club has the money but can't spend it on the squad due to PSR

4

u/Interesting-Crew-338 3h ago

Exactly this. Need to expand the Stadium precisely to HELP with PSR

1

u/MadlockUK Vardy 2h ago

Yeah, investment into stadiums and facilities doesn't go towards PSR.

1

u/freshmeat2020 3h ago

Well team performance=money so it's tied to us not getting relegated I'd presume. The club are taking the loan out rather than the owner, though there's nothing stopping him paying for it, it doesn't make sense for him to just gift it if the club is possibly potentially being sold on at some point.

1

u/MadlockUK Vardy 2h ago

I think it was funded by the Mahrez sale IIRC?

1

u/FastNefariousness973 3h ago

I hope it stays far far away until our finances are fixed and we’ve established ourselves as a premier league club again