The thing is, the maths has never quite worked out for me.
So let's agree that it's all a front for a foreign real estate developer.
They had to spend $20 mill on a license, plus build a stadium costing some $150 million?  (which will bleed money for as long as it stands)
How many crappy dog box little houses need to be sold to make that up?
You'd have to sell at least 6,000 houses just to break even.
Maybe that's possible.

170m / 6000 = $28333. Is that the going profit on a dwelling build?

Not In tarneit.  Council can't keep on sling plots of land as there's not much left

My experience with an investment property is that it was a 10% increase on what it would cost if you did all the contracting yourself (house and land).  But what you can do it yourself for is the "retail" price, while the developers are paying the equivalent of a wholesale price.  Difficult to know what the difference is, but I would think that somewhere around 20% would be a reasonable guess.  Using these figures,  an informed guess based on my experience would pin their profit margin at around 30% of the cost of each house/land value.

So $115000 of each $345000 property (no idea what they are going for down there).   Profit on 500 houses = $57,500,000.  
Then there's all the retail construction and leasing.   A real estate contact of mine says there's far more money long term in commercial property.  

Apart from all that, I don't believe that Western United will ever build a stadium.  In fact, I'll be surprised if the club still exists in two years time.  My money is on the franchise being sold, moved and recreated.  Most likely to Canberra.

“Progress on Wyndham City Stadium was also made this season, with the project given a key planning amendment from State Government due to its state significance.

We continue to work on our stadium project with designing underway, and the appointment of a project manager and builder also imminent. “


https://www.wufc.com.au/news/a-letter-chairman

I like the fact that Sourasis highlighted the fact they finished in the relegation zone on the table.... classy. Hope they dont scratch the Lambo at Werribee Automotive.

Oh that chestnut.  We heard that before 

I thought the design was finalized a while back and the builder confirmed too.

Yeah I have the same thoughts.  This umming and aahing is very off putting if you're a wu fan and or member. The fact that probuild isn't involved with club any more despite them being the builder they were gonna use says something.   And once a commercial builder gets burnt the whole industry kinda will not try to work with a client because of it.

I heard they are still trying to got state gov to fund part of the build as it will now be redesigned  as a covid quarantine accommodation facility/community sporting precinct/shopping hub/world class multi use football specific ultra stadium.... If you hear rumours of the mighty United club not fielding a men's team in next year's comp, don't be alarmed, the stadium is still being built as this is really all about football pathways and professionalising the sport... we should all be thankfull, to Steve Horvat and Lou Sticca for their contribution to the game we all love 💖⚽️🌈

Calder Utd!!

Western United reminds me of the majority of Kickstarter (or any other crowd funding) project. Start with a great pitch. Gather a bunch of money (and in this case land). Let the project ETA run out 4-5 times longer than originally stated. Then if/when they finally deliver, it's a disappointing watered down version of the original pitch. 

When you order an expansion franchise from wish.com.

I will absolutely laugh if council get fed up and end up putting the land up for tender.

I find it quiet ironic lou  sticca  isn't involved anymore with the club.  And I don't horvat is either 

This club started going downhill when they selected the horrible, bland name.

Roy Keane anyone?

In deed this is the fault of Foxsports wanting 3rd teams in Melbourne&Sydney now that they are gone hopefully onr of the following will happen
A, Stay with WU but move to WA and we'll celebrate a new Western derby 
B, rebranding to Geelong and staying there full-time
C, merge with Melbourne Croatia and become West Melbourne Knights

Yep, Western United could be a club anywhere in the world.

Suprised they didn't take over the Georgia's youth teams. Which the club only started this year 

Horvat and Zinni and the other bloke whose name escapes me now where/are all Probuild managers so would have bailed a while ago I think.
Sticca stuck around long enough to make sure the "club" signed players he is managing and then scarpered before anyone could mutter "conflict of interest" or "double dipping" just like the Carlton Soccer Club debacle.... There is nothing new under the sun mate, just a new generation of patsies and victims. :( 

Thats the least of their problems bud. I actually like their Green and Black colours for what its worth.

If u try to bring wu with sticca.  He quietly tries to move the conversation to something else of will block u .

Yeah their colours are great. Was watching the mls game that Austin fc were playing and the green and white looks awesome. If wu had that sort of support and a stadium it'll be great but alas, wu are doing a great impression of Melbourne heart 

I have a vague memory that Inter-Monaro played with the green and black stripes back in the day.

ProBuild were only involved as a sponsor. I dont think they were anymore more with the club. And they weren't the designated builder..yet!
I assume the owners wanted ProBuild to invest in the project... and once again, that is the issue.
Someone or some entity needs to come up with a serious amount of cash to get this thing off the ground.
Does anyone currently in the ownership structure have the money to build a $150M stadium... or even a $20M stadium. I doubt it. And are they actual property developers themselves? perhaps knocking over their parents house and building a duplex. But not to the extent of building a mini satellite town with commercial, retail, community and residential property on the outskirts of Melbourne..

From the looks of things, They're looking for a major investor that will ideally come up with the $$$ and the building expertise.

We did indeed.... untill relegation killed us..... and our club lost its clubhouse years later in scandal.

Interesting! Any other word on this? Could be a good signing

I remember Inter Monaro well .... Always had a soft spot because, well my cousins all had Monaros. hahahahahhahahaha
Is the club still around mate?

Can’t read the full article on the Herald Sun website, but appears that Melbourne City may well be closer to getting a stadium at Dandenong than WU are at this stage.