billytoffee
Player Valuation: £20m
When is this new exterior happening?
Probably once the GOT thread has decided how it is getting funded!
Never underestimate the power of GOT !
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When is this new exterior happening?
This is all capital expenditure on infrastructure so it is not relevant as far as STCC is concerned. It does not alter our STCC or profitability and sustainability status one iota.
The costs of the improvement will no doubt have been included in the capital requirement budgets calculated prior to his acquisition of shares.
Exterior modernisation.Apparently we are announcing something at this conference in October.
http://www.stadiumdesignsummit.com/
Whether it is just showing off the new exterior or announcing a move I'm not sure
With respect it doesn't. That's not how it works at all. The regulations look at the rise in non broadcasting revenues to calculate the permitted rise in wages. That's the important figure, but it makes no difference what goes on in the rest of the business and how those revenues are spent.
Thats the point.
If the club pays for it out of a 'short term commercial deal' it takes away from what is available for wage STTC calculations.
If its take out of tv money it goes against us in transfer budget terms.
If it comes out of Moshiri's pocket it doesn't matter to either.
With respect it doesn't. That's not how it works at all. The regulations look at the rise in non broadcasting revenues to calculate the permitted rise in wages. That's the important figure, but it makes no difference what goes on in the rest of the business and how those revenues are spent.
We're subject to two sets of regulations. STTC and FFP.
You've previously said that our team building plans are potentially impacted because STTC calculations mean that tv money revenue related rises are limited; further non-broadcast related revenues will unlikely rise fast enough.
That means the non-broadcast related monies are going to be tight - limited.
Meaning that for our purposes they should ONLY be used for STTC purposes.
TV monies however, can be used on transfer fees.
Since we have such a high level of demand for new players - that means that tv revenue should be allocated to transfer fees themselves.
Given Moshiri under FFP is limited in what he can use of his own personal wealth (to write off) in this regard.
Moshiri is however, not limited in what he can write off or spend in infrastructure terms. It neither impacts us in STTC or FFP terms
From a compliance perspective the logic of it all is very simple for us.
correct, google short term cost control rules premier league. - it relates specifically to capping the increase in salaries to £7 million a year, each year for the next 3 years unless there is a corresponding rise in non-broadcasting revenues.
In line with our Summer transfer policy then...Went past this morning on my way to work, nothing doing.
How long will Everton need to complete the works? Clock is ticking.Planning permission hasn't been granted yet ("Comments Until" date is tomorrow - I presume this is the period where neighbours can raise concerns?). The last one where planning permission was granted was 6 days after the close of comments so could be granted next week maybe?
http://northgate.liverpool.gov.uk/PlanningExplorer17/Generic/StdDetails.aspx?PT=Planning Applications On-Line&TYPE=PL/PlanningPK.xml&PARAM0=1000260&XSLT=/PlanningExplorer17/SiteFiles/Skins/Liverpool_WIP/xslt/PL/PLDetails.xslt&FT=Planning Application Details&PUBLIC=Y&XMLSIDE=/PlanningExplorer17/SiteFiles/Skins/Liverpool_WIP/Menus/PL.xml&DAURI=PLANNING
One thing you can't accuse Everton of. Rushing.Rushed building projects inevitably result in a shoddy product.
Everton is impressing me so much since Moshiri took over
Went past this morning on my way to work, nothing doing.