[202X] Project Horizon (SW9?): Planning Approved

[AltonLover123]

Planning permission wise maybe they’re just not that stressed about it lapsing, they received the go ahead extremely quickly and mostly likely will do again even if it lapsed.

The thing with planning though, is a lot hinges on “if we build this, it’ll generate x income for us and x income for the local area. It’ll be great for us!”

When the planning lapses and they try to resubmit, the opposition comes back and says “well you’ve made a profit without it and you can’t have needed it that much” so it’s not as simple as they got permission once so they’ll get it again.

 

[rob666]

What can heal their cash flow problem

More cash...simple as that.
The problem with cheap passes you see...

 

[Jb85]

What can heal their cash flow problem

More cash - cutting costs basically or holding on to cash longer

Never said they had a cash flow problem, just a negative cash flow was reported in the fiscal year

 

[Hid]

More cash - cutting costs basically or holding on to cash longer

Never said they had a cash flow problem, just a negative cash flow was reported in the fiscal year

So they can still invest just have to be more strategic

 

[pluk]

Imagine what Towers could be like if the profit the park generated was used to reinvest in and run the park rather than being used directly and as debt leverage to fund the building of an empire. Paultons or Pleasure Beach?

Maybe we'll find out...

 

[rob666]

Completely off topic, but the Beach has the ice show as a black hole for cash...and ride investment.

 

[Jb85]

So they can still invest just have to be more strategic

Pretty much…

Maybe worth reading the post as we’re going way off topic but in short the strategy seems to be streamline the business (reduce departmental overheads / synergies across the group) and dispose of anything that isn’t providing the desired investment return (Sea Life for instance - doesn’t mean it’s not a profitable business)

 

[Blackrock]

The thing with planning though, is a lot hinges on “if we build this, it’ll generate x income for us and x income for the local area. It’ll be great for us!”

When the planning lapses and they try to resubmit, the opposition comes back and says “well you’ve made a profit without it and you can’t have needed it that much” so it’s not as simple as they got permission once so they’ll get it again.

I think they’ll get it relatively easy if they went in for it again, the local council want the park to succeed especially in the wake of Universal opening up a couple of hours down the road.

I think planning applications in general will be given far more leeway than they previously would have been, there’ll also be less objections locally.