Errr, Roman has an interest free loan to Chelsea
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Sssshhhhhhh lol don't tell kev... he thinks that's investment... don't confuse him!Errr, Roman has an interest free loan to Chelsea
You didn't ask what was more realistic , you asked which you prefer.Bizarrely?? It's called being realistic!! Like has been pointed out many times by lots of people not one single owner in the premiership has paid for a stadium out of their own pocket.. so why on earth do we expect moshiri to?
As you did with me... it was a reasonable deduction to make considering what you said... a joint option never happens either... this is the best way for it to be built.. and more affordable than any other model used by other clubs so far...You didn't ask what was more realistic , you asked which you prefer.
Where have I said Moshiri should find the whole Thing out of his own pocket? My view is that I expected a joint effort of some sort,not the whole debt (for a smallish stadium) sitting on the club
Yeah. It is clever. For those that stand to benefit massively from it without risking anything.Bill didn't have the nous to deliver this, but no we wouldn't be screaming Blue murder, it's a clever funding vehicle to deliver a dream stadium
How do you think Bill was going to finance WHP if that would have come off? Would he have been covering it like?
I see as per usual @davek doesn't answer posts he can't argue against..
I've asked twice now who exactly should pay for the stadium Dave but you just ignore it and go on with your pathetic WUM agenda..
I will ask for a third time.. . Who exactly should pay for the stadium Dave? Everton or moshiri? I for one think Everton should pay as it's their home or will be... I don't expect anyone else to pay for my house.
Moshiri is giving is the most affordable and easy way to pay for a stadium within our means.. or would you rather we pay it off in 5 years at a cost to onfield performance? Because if that happened you would scream blue murder too. Like everyone with an agenda.. reason doesn't work, you are just blinkered.
But by doing it this way any other commercial money we get in can be used to improve things on the pitch. Surely that's good isn't it?Spurs have done it this way:
share issue
advanced sales of naming rights
advanced sale of hospitality/season tickets
sale of old ground
bank loans
They'll own their stadium which is coming in at a massive £750M now a lot quicker than Everton and they wont be exposing their club to the control of any other party.
There are all kinds of investment I suppose. With loans being one of the weakest, but if you're happy with loans then good for you. Go and tell City and Chelsea and Liverpool all about our cool new loan,and how that is all we've had in by way of investment. They may say 'Big Deal'
Spurs haven't even confirmed that they've got the loans in place to complete the project yet, they've got until the end of the month to do so, as they have to give Wembley notice for next season by thenSpurs have done it this way:
share issue
advanced sales of naming rights
advanced sale of hospitality/season tickets
sale of old ground
bank loans
They'll own their stadium which is coming in at a massive £750M now a lot quicker than Everton and they wont be exposing their club to the control of any other party.
But by doing it this way any other commercial money we get in can be used to improve things on the pitch. Surely that's good isn't it?
And you haven't answered about who should pay for the stadium...moshiri out of his own pocket... which no other owner has done... or Everton themselves...
Also spurs' turnover is a hell of a lot more than ours so not a fair comparison.. without checking but from memory it's about double ours? But I stand to be corrected
We are playing catch up with the likes of spurs due to chronic lack of board knowledge of how to move us forward commercially and financially. We could never hope to so what spurs have done in terms of funding.. . This is probably the best deal we could get. And the risk to both council and Everton is minimal really.. unless the club totally Implodes and I think none of us want that!!
Yeah. It is clever. For those that stand to benefit massively from it without risking anything.
The "£80M paying off of debts" seems to have worked a treat as a bit of propaganda. The reality, though, is this with Moshiri: he wont lose a penny on his Everton involvement:
The shares he paid for will be sold later at a massive profit on completion of a stadium built
The covering of £80M worth of debt will be paid back
He wont have a penny cost to him regarding the stadium...Everton pay every single penny and then some in interest and credit payments - and the cost of all that will soar, you can guarantee that
Sour moggy more like......lollolHis avatar is next to his name.
Lemon cat is great.
Yes, Chelsea owe him a billion poundsErrr, Roman has an interest free loan to Chelsea
Right, like the £55m loans we had previously with Wybrac or whatever they are called which was cleared by this bigger loan, that was investment too was it?Errrrmmm I think you'll find that Chelsea and Liverpool have both got loans from their current owners, it's sort of how it works....
The loan could be converted into equity, but while Moshiri only owns half the club he can't do that.
An interest free stakeholder loan IS investment, this is the simple business fact that you're just not understanding here.
Yes, Chelsea owe him a billion pounds