Putting football to one side, the people of Liverpool deserve to know what the city is going in for. and then they can speak to their local members if they disagree or not. The deal screams of shadiness.
People keep on saying it will make millions for the city, yet we know nothing about how the deal is structured and I'm not willing to trust fat joe who doesn't seem like the smartest bloke and obviously has his motives.
Questions rightfully should be asked and a detailed report for the public should rightfully be made.
Look at the west ham deal - another shady as **** deal that cost tax payers millions. I don't want that to happen to this city because its already on its knees (as joe keeps on reminding us).
1. Who picks up the bill for all infrastructure costs, transportation costs etc - the city is broke, can it afford all this work?
2. Is the loan percentage based on the construction cost? or is it a a lump sum? - that is an important question because what happens when construction costs inevitably increases? Does the council loan increase then as well? can everton afford the increased costs?
3. What happens if everton are liquidated or can't afford the bills? - the loan is spread over a huge amount of years in football terms. Ask villa, leeds etc if they ever thought they would be relegated and they would say no. 25+ years is a huge risk for the council to be sure everton can keep paying. because all it takes is a couple of years and the council would be dead on its knees.
Interesting user name especially the first 2 letters
