There's clearly a real concern that the UK has lost it's major International 'Figure' modelling show and hats off to Stu, Ian and others who are working hard to ensure a resurrection. On a purely personal level, and as one who has enjoyed every minute I've spent in Folkestone, now is the time to relocate to a location that meets modern expectations, has added value and is relatively accessible for both UK and international visitors. Leeds being a favourite contender from my perspective.
Ian has made it clear that 2017 is not an option, that being so I'd much prefer that a year was given over to planning and organisation of a new venture to be launched in 2018.
The Armouries would make for a world class venue and certain assumptions could be drawn regarding likely success, particularly if near on a year could be spent promoting it.
Ray in his post above has pointed out that NM was financed by Hinchcliffe and this in turn highlights the need for any venture to be underwritten whether by insurance or by pledges. Insuring a short fall in costs would probably be impractical at least for the first few years so pledges might be the way to go.
The problem will always be underwriting. One option could be if a show had 60+ traders. A pledge of an average £200 / euros per trader creates a virtual battle chest of £12,000 / euros to cover any shortfall. If no shortfall exists then a donation from each of £50 / euros gives a year by year £3,000 / euros. By year 4 with each year being break even there would be no need to ask for a pledge as the organisers would have an £12,000 actual battle chest.
Obviously significant planning, risk assessment and due diligence would have to take place and this takes time and energy.
A donation model could also be established where modellers and painters could donate £10 / euros per annum to add to the chests bottom line.
It needs to be accepted that this would be in addition the hire costs and ticket costs.
Can I conclude that I've no idea what it would cost for a major show but it strikes me that there needs to be a bit of a safety net that at least protects the organisers from any potential comeback on them collectively or individually.