The Future of PortAventura

[AlexanderMBush]

Asking for posterity, but do we know how much debt that the PAW has?

 

[Nico]

Asking for posterity, but do we know how much debt that the PAW has?

I think the article says that after the refinance, they have 620 million euros to pay by 2026z

 

[Alicia]

I think the article says that after the refinance, they have 620 million euros to pay by 2026z

This is a dire situation then. And even 400m for a possible land sale is going to completely fix it.

 

[Dan Cooper]

I'm sorrry, but news should be read in full. This neither confirms nor denies anything, just like every other paid news article set up by the resort.

 

[Scott W.]

I’m British, my family all lives there, I moved abroad.
The cost of living has increased everywhere but it has really increased in the UK and a lot of people are really struggling.
On of the factors of Brexit is that it has cut the numbers of people who would work low wage jobs in the uk, such as fruit pickers. This has exponentially increased the cost of food.

The other thing to mention here is going on vacation in the uk is EXPENSIVE. The cost of hotels is astronomical and the cost of gas is very high. The reality is that a week long all inclusive trip to Salou via a uk travel company works out to be cheaper than a week at Alton towers. Combine this with guaranteed sunshine in the summer (this years summer in the uk was not good).

Don‘t get me wrong I would love to see a new park in the UK, if nothing else it may get Merlin to start maintaining their parks better.

Who does a week at Alton Towers?

 

[AlexanderMBush]

I'm sorrry, but news should be read in full. This neither confirms nor denies anything, just like every other paid news article set up by the resort.View attachment 20147

It's still something to consider and talk about. Morbidly I am actually wondering what could happen if PAW can't find a buyer at all; or if they have to sell to a group like say, Blackstone.

 

[Tbad556]

I'm sorrry, but news should be read in full. This neither confirms nor denies anything, just like every other paid news article set up by the resort.View attachment 20147

It was read in full. @Nico quite literally quoted that exact same section several posts ago. No one is ignoring the context here:

That’s what I thought it said too. The article does mention they are still open to a full purchase with that 1 billion price tag. My main take away is they are open to all options.
View attachment 20146
Thank you @mediaservi !

 

[Dan Cooper]

It's still something to consider and talk about. Morbidly I am actually wondering what could happen if PAW can't find a buyer at all; or if they have to sell to a group like say, Blackstone.

There's a buyer, she's been seen lurking around the resort for almost a year. She has now brought some really interesting people to manage the resort, starting next season.

Page Thompson has grown fond of the park it seems.

 

[Calmix]

Would Universal really want to spend a billion dollars on a park that they have to completely makeover in their image or wouldn't it be more cost-effective to spend that money towards something new?

In Pa you are buying a plot of land that the next day you can start building things, if you go and buy a new location you're going to need god's help to put it through, this has a big price tack.
But it seams clear that the news of today have some relation with the insider of yesterday. Maybe UK government has promise a really big incentive and they have chosen UK. From my understanding is going to be a mistake, a lot better in PA or some place among Paris, Brussels and Frankfurt.

 

[Scott W.]

There's a buyer, she's been seen lurking around the resort for almost a year. She has now brought some really interesting people to manage the resort, starting next season.

Page Thompson has grown fond of the park it seems.

Whos' she?

 

[Dan Cooper]

Whos' she?

La Nena.

 

[Nico]

In Pa you are buying a plot of land that the next day you can start building things, if you go and buy a new location you're going to need god's help to put it through, this has a big price tack.
But it seams clear that the news of today have some relation with the insider of yesterday. Maybe UK government has promise a really big incentive and they have chosen UK. From my point understanding is going to be a mistake, a lot better in PA or some place among Paris, Brussels and Frankfurt.

I keep seeing this argument. Break ground day 1. Does Spain not having permitting, public comments portion, Environmental and transportation studies?

There's a buyer, she's been seen lurking around the resort for almost a year. She has now brought some really interesting people to manage the resort, starting next season.

Page Thompson has grown fond of the park it seems.

Page Thompson is a man.

 

[Tomfoolery]

In Pa you are buying a plot of land that the next day you can start building things, if you go and buy a new location you're going to need god's help to put it through, this has a big price tack.
But it seams clear that the news of today have some relation with the insider of yesterday. Maybe UK government has promise a really big incentive and they have chosen UK. From my point understanding is going to be a mistake, a lot better in PA or some place among Paris, Brussels and Frankfurt.

No UK has been in development for well over a year now

 

[Ryan]

I'm sorrry, but news should be read in full. This neither confirms nor denies anything, just like every other paid news article set up by the resort.View attachment 20147

You should try reading the thread instead of jumping to conclusions...

Would Universal really want to spend a billion dollars on a park that they have to completely makeover in their image or wouldn't it be more cost-effective to spend that money towards something new?

 

[AlexanderMBush]

There's a buyer, she's been seen lurking around the resort for almost a year. She has now brought some really interesting people to manage the resort, starting next season.

Page Thompson has grown fond of the park it seems.

Misgendering aside--I genuinely think you are misconstruing what Page is looking at as they see PAW.

 

[AlexanderMBush]

Page Thompson isn't the one buying the resort out of their pocket money

So then, who.

 

[Ryan]

Page Thompson isn't the one buying the resort out of their pocket money

What a swerve!

 

[Ryan]

Page Thompson isn't the one buying the resort out of their pocket moneyView attachment 20148

Uh.... what the hell?????

 

[AlexanderMBush]

Also that is quite a picture you have--one I certainly wouldn't of posted.

 

[Dalt Wisney]

No UK has been in development for well over a year now

Seems a bit strange to have a possible Universal Park in the UK being planned for a year and the only proof available is the NVUL name, which doesn't even confirm that it's called or have anything to do with London... I'm sorry but I'm super skeptical about any of this being remotely real...

I'm not saying it can't be true, but according to the info you've provided (or the lack of) and the certainty that this is definitely happening, similarly to @tommyhawkins, just isn't enough to speculate that much. Is there any other type of information or proof that you can share?